Company News

CBI flags ₹73,000 cr fraud in Anil Ambani Group probe; ED flags IBC issues

After reviewing the status report filed by the CBI and its financial investigations counterpart, the Enforcement Directorate (ED), the apex court issued an order on March 23

Nykaa in talks to acquire stake in Deepika Padukone's skincare brand 82°E

The development, overall, signals Nykaa's continued focus on expanding its portfolio of in-house and partnered brands, particularly in the fast-growing beauty and personal care segment

Wipro bags $1 bn Olam deal in one of its largest wins, to also buy IT arm

Eight-year deal with Singapore's Olam Group boosts revenue visibility and AI-led capabilities, alongside $375 million acquisition of IT arm Mindsprint

Vinay Tonse takes charge as YES Bank CEO, outlines growth roadmap

New CEO Vinay Tonse outlines a four-pillar strategy centred on people, products, processes and technology to drive growth and strengthen YES Bank's operations

Max Estates FY26 pre-sales dip slightly despite strong Q4 demand

Developer reports marginal dip in annual pre-sales, but Q4 bookings surge on new launches, with strong pipeline and steady collections supporting growth outlook

Hyatt ties up with Brigade Group for Hyatt House Bengaluru Devanahalli

Hyatt signs deal with Brigade Group to develop 135 serviced apartments in Devanahalli, targeting business and leisure travellers near Bengaluru airport and tech corridor

BMW overtakes Mercedes in Q1 as luxury car market shows flat growth

BMW Group India leads quarterly registrations over Mercedes-Benz as luxury car demand plateaus, with EV segment growth providing a limited boost

Aurobindo Pharma sets April 12 as record date for ₹800 crore buyback

Company to repurchase up to 54.24 lakh shares at Rs 1,475 apiece through tender offer route, with promoters also eligible to participate in the buyback

Oracle names Schneider Electric's Maxson as CFO amid soaring AI spending

Doug Kehring will step down as Oracle's principal financial officer following the appointment and will return to focusing on the company's go-to-market operations

Nykaa projects strongest net revenue growth in three years in Q4FY26

This update made the firm's stock price surge by 3 per cent in early trading hours. The stock closed at Rs 252.65 per share, up 2.72 per cent from the previous close

Bajaj Alternate Investment Management secures PMS licence from Sebi

The move would help Bajaj Alts expand its footprint in listed equities

Razorpay partners OpenAI to enable instant payments in AI-built apps

Integration with Codex allows developers to embed payments instantly, enabling AI-built apps to monetise faster as Razorpay expands into agentic commerce and conversational payments

Aristo Pharmaceuticals buys office space for ₹111 crore in Andheri West

Pharma firm acquires office units in Parinee I building as Mumbai office market sees rising absorption, lower vacancies, and steady growth in rentals

SC says JAL resolution subject to NCLAT outcome; next hearing on April 10

Top court directs Vedanta and other parties to present contentions before NCLAT; JAL monitoring committee also directed to not take major steps without tribunal approval

TDI Infratech to invest ₹750 crore in 150-acre township project in Ludhiana

In the township, the company said it will build luxury group housing, residential plotted developments and low-rise independent floors, targeting both end-users and long-term investors

Diamond Power Infra bags order worth ₹100 cr from Adani Electricity Mumbai

In another filing, Diamond Power said that it has received a letter of intent from Adani Green Energy Ltd for the supply of cables worth ₹19,57,11,313

Bharti Airtel deploys over 4,300 new 5G sites in eastern Uttar Pradesh

Customers in Lucknow, Kanpur, Varanasi, Prayagraj, Gorakhpur, Ayodhya, Jhansi and several other districts will directly benefit from this enhanced network footprint

UAE's Valura.ai makes India debut, onboards 1,000 wealth advisors

The onboarded network includes independent financial advisors (IFAs), registered investment advisors (RIAs), mutual fund distributors, and chartered accountants

Wipro bags $1 bn deal from Olam Group; to acquire Mindsprint for $375 mn

As part of the broader engagement, Wipro said it will acquire Olam Group's IT and digital services business, Mindsprint Pte. Ltd., for $375 million

SAIL's Rourkela plant posts record output across key units in FY26

Rourkela Steel Plant achieves record output across key units and improves efficiency metrics, driven by higher capacity utilisation and operational stability in FY26