Company News

Maersk leases 1.93 lakh sq ft office space in Pune at ₹1.45 crore rent

Global logistics firm takes office space in Kharadi at Rs 1.45 crore monthly rent, indicating relocation of its existing Pune operations

Cognizant CEO Ravi Kumar's pay rises 28% to $21.5 million in 2025

Ravi Kumar's pay rises on higher stock awards, while CFO Jatin Dalal's compensation declines; proxy filing details executive payouts

Uber boosts stake in Delivery Hero with €270 million share purchase

Prosus sells 4.5% stake in Delivery Hero to Uber as it trims holdings to meet EU conditions tied to its Just Eat Takeaway acquisition

Adani Group to invest ₹1 trillion in Mumbai's Motilal Nagar project

Project in Goregaon West to include major rehab component and free-sale area, with Mhada overseeing development under the cluster redevelopment model

NPSPL to set up ₹2,550 cr cathode material project in Andhra Pradesh

Project to localise key lithium-ion battery component, strengthen EV and electronics supply chains, and position Andhra Pradesh as a hub for advanced manufacturing

Angel One bears ₹19 crore loss over MCX trading disruption compensation

Brokerage compensates clients for losses from MCX outage, citing goodwill gesture to protect relationships despite the issue originating at the exchange

Rubicon Research sharpens India play in CNS push with Arinna acquisition

Currently, more than 95 per cent of Rubicon's revenue comes from the United States (US), where the company has built a generics and specialty portfolio

Lupin's US arm signs $30 million litigation settlement with Humana Inc

Lupin Pharmaceuticals, Inc USA (LPI) has been involved in multiple civil lawsuits alleging anti-competitive behaviour related to certain products and violation of federal and state antitrust laws

Vedanta was never declared highest bidder for JAL: RP tells NCLAT

RP tells NCLAT no formal declaration named Vedanta top bidder in JAL insolvency, defends CoC's holistic evaluation as Vedanta challenges Adani's approved bid

SP Group unit gets investor nod for 2-month debt extension plea: Report

Goswami Infratech has asked investors to extend the maturity of the high-yield notes to June 30 from April 30

Flipkart plans foray into India's ticketing market as live events boom

India's online ticketing and food delivery leaders have scaled up through heavy spending and deep discounts

Lupin arm settles US antitrust litigation with Humana for $30 million

Lupin says its US subsidiary will pay $30 million to Humana to settle antitrust claims, adding the amount has already been provided for and does not impact current financials

KG Builders targets five-fold revenue rise to ₹1,700 crore by 2030

Chennai-based developer lines up Rs 3,600 crore GDV projects across segments, banking on GCC-driven commercial demand and rising property values to fuel growth over the next four years

Emergent takes VibeCon hackathon to India, eyes next wave of founders

Bengaluru event offers direct Y Combinator access to winners after highly selective application process

Early warning signal: Anthropic's Mythos puts Indian fintechs on guard

Fintech body FACE urges stronger cyber defences as Anthropic's Claude Mythos raises concerns over AI-driven software vulnerabilities

Hiring to slow as West Asia conflict weighs on firms: H&S partner

Hiring may slow and recovery could take up to two years if West Asia conflict persists, says Heidrick & Struggles partner, citing inflation pressures and global uncertainty

Renault group gears up for expansion in India; 7 launches by 2030

French carmaker aims to make India one of its top 3 mkts; eyes 5% share in country

TSMC profit for Jan-Mar qtr jumps 58% on AI demand, flags Iran war risks

Profit for the quarter was 58.3 per cent higher compared to the 361.6 billion new Taiwan dollars ($11.5 billion) booked in the same period a year earlier

CCI closes Adani case, says company has no 'dominance' in power market

A key finding of the Commission was that the Adani Group does not hold a "dominant" position in the relevant market

BPCL arm to invest $2.8 billion in Brazil's oil and gas exploration project

BPCL says investment in Brazil's SEAP-I project will provide access to equity crude, helping strengthen India's energy security and diversify supply sources