Company News

Calcutta HC refuses plea for stay of arbitration award to Tata Motors

The Calcutta High Court refused an unconditional stay on Tata Motors' ₹765.78-crore arbitration award in the long-running Singur land dispute case

Not applying for NBFC licence, focus on distribution, says Paytm CFO

Company will instead focus on existing model of credit distribution, in partnership with other lenders

Kotak Mahindra Bank gets RBI nod to buy 9.99% each in AU SFB, Federal Bank

RBI clears Kotak Mahindra Bank to acquire up to 9.99% stake each in AU Small Finance Bank and Federal Bank through aggregate holdings

Bhavish Aggarwal's second coming? Ola bets big on electric motorcycles

The Ola Electric founder is attempting to rediscover his mojo and galvanise the market for electric motorcycles

SBI plans up to $2 billion overseas bond raise; board meet on May 12

SBI's board will meet on May 12 to consider raising up to $2 billion through public offers or private placements of foreign currency bonds in FY27

Walmart says India sourcing has crossed $40 billion amid export push

Walmart CEO John Furner said the retailer is strengthening supplier capabilities, expanding exports and betting on India's fast-growing quick-commerce market

FMC Corp to sell India crop protection business to Crystal for $252 mn

FMC Corporation will sell its India crop protection commercial business to Crystal Crop Protection for $252 million as part of a strategy to cut debt and focus on growth markets

NeoLiv's Faridabad plotted project clocks ₹1,251 crore sales in hours

NeoLiv said its luxury plotted township project in Faridabad was sold out within six hours of launch, driven by HNIs, NRIs and investors

Sagar Business unveils India's first TJK Superflex weldmesh unit

Sagar Business Ventures and Tata Steel launched India's first TJK Superflex weldmesh line in Odisha to boost construction efficiency and precision

Airtel launches Secure Workforce, cybersecurity platform for enterprises

India's No 2 carrier claims solution to be India's first, fully-managed and unified Zero Trust Architecture (ZTA) security solution

Emami to acquire 60% stake in Vedix, SkinKraft parent for ₹321 crore

Emami will acquire a majority stake in IncNut Digital, owner of Vedix and SkinKraft, to strengthen its presence in the fast-growing beauty and personal care segment

Mahindra group appoints Vimal Agarwal as group chief internal auditor

Mahindra Group has appointed Vimal Agarwal as Group Chief Internal Auditor from July 1, 2026, as the conglomerate sharpens its focus on governance and internal controls

Mphasis sues Coforge in US court over hiring violations, client data access

Mphasis sues Coforge in a US court, alleging executive poaching and misuse of confidential client information tied to mutual client Charles Schwab

Wadhwa Group partners with Arisinfra Solutions for ₹650 cr project in MMR

Wadhwa Group has partnered with ArisUnitern RE Solutions for its Wadhwa Wise City township in Panvel to monetise inventory worth ₹650 crore

Govt likely to divest stake worth $1.06 billion in Coal India via OFS

The Indian government held a 63.13 per cent stake in Coal India as of ​March 31, according to LSEG data

BlackRock likely to invest in Shapoorji Pallonji unit dollar debt

The deal would be a private placement, and the launch timing could not be ascertained immediately. Deutsche Bank is the arranger

RECPDCL launches transmission tenders for Gujarat renewable projects

RECPDCL has invited bids for two interstate transmission projects to evacuate power from 21.5 GW renewable energy capacity planned across Gujarat

Iveco posts quarterly loss, says Tata takeover expected to close in Q3

The negative results follow the sale of Iveco's ​defence unit to Italy's Leonardo, which was finalised in ‌March

Liquor maker Radico resumes shipments to West Asia as tensions ease

The maker of Rampur whisky and Jaisalmer gin derives 5 per cent to 6 per cent of sales volumes and 9 per cent to 10 per cent of revenue from exports, of which it does not provide a regional split

RDI Fund: BIRAC gets 200 applications in first call for proposals

BIRAC has received nearly 200 applications under the RDI fund and shortlisted 7-8 biotech startups as demand rises for deep-tech and innovation financing