Company News

Insilico Medicine secures $2.75 billion drug collaboration with Eli Lilly

Pharmaceutical companies are increasingly turning to AI to accelerate R&D, betting on new modelling tools and automated labs to unlock efficiency gains across their pipeline

Flipkart unifies technology under 'OneTech' push as IPO window nears

The Walmart-backed firm is rebuilding its tech stack under 'OneTech', adopting AI-first systems and strengthening governance as it prepares for a potential IPO as early as next year

Jubilant FoodWorks flags limited impact from commercial LPG shortage

Domino's operator says LPG supply constraints due to West Asia tensions have had limited impact so far, as it shifts towards alternative energy sources like PNG and electricity

EPL to merge with Indovida, creating $2 billion packaging platform

The merger will create a $2-billion packaging platform combining flexible and rigid capabilities, with a strong focus on emerging markets and global expansion

Anil Agarwal claims Jaypee asset bid reversal after written confirmation

In a social media post, Agarwal said Vedanta was "declared the highest bidder publicly" to acquire Jaiprakash Associates Ltd (JAL) through the insolvency process

EPL to merge with Indorama-backed Indovida in $2 billion packaging deal

The merged group will combine EPL's packaging operations with Indovida's plastic portfolio

Coal India e-auction premium at 35% over notified prices in February

Coal India's e-auction premium rose to about 35 per cent in February 2026 as gas shortages linked to the West Asia crisis pushed industrial users towards coal

Jio Fin Services expects to start life, general insurance biz in 2026

The financial services company does not have any immediate plan to get into the unsecured and consumer durable lending businesses

CaratLane eyes retail expansion with 40 new stores across India in FY27

The funds needed for the expansion of these stores will be raised internally, MD Bhaumik said, without mentioning the total capital expenditure for the same

'Reliance SEZ export duty clarity key under govt's fuel tax overhaul'

Under the revised framework, effective March 26, India has imposed export duties of Rs 21.50 per litre on diesel and Rs 29.50 per litre on aviation turbine fuel (ATF)

ZEISS bets big on India as youth boost demand for vision products

India, China and Southeast Asia are the fastest-growing markets globally for ZEISS. In terms of consumer trends, India is a very early adopter

CMS Info Systems acquires FSS' ATM management business for ₹115 crore

The transaction involves the transfer of operating assets and novation of customer contracts, and is expected to close in Q1FY27, according to a statement

Vedanta set to split into five listed companies next month: Report

According to Chairman Anil Agarwal, the combined market capitalisation of the five companies would be much higher than the conglomerate's current $27 billion

Over 400K KitKat bars stolen en route from Italy to Poland, says Nestle

The company, based in Vevey, Switzerland, said in a statement on Friday that "the vehicle and its load are still nowhere to be found"

West Asia crisis hits LPG supply across parts of Jubilant's network

Stating that it has resilient systems and processes in place to navigate short'term operational challenges, JFL said it and will continue to closely monitor the situation

India's growth driven by human capital, digital progress: ICICI Bank CEO

ICICI Bank CEO Sandeep Bakhshi on Saturday said India's strong growth has been driven by human capital and digital progress

Table Space leases 1.45 lakh sq feet commercial space in Gurugram

According to transaction documents accessed by Propstack, the company will pay rent for a chargeable area of 145,181 square feet, putting the monthly rent rate at ₹185 per square foot

Adani Defence hands over first batch of 2,000 'Prahar' LMGs to Indian Army

The 7.62 mm-calibre weapon has been manufactured by Adani Defence and Aerospace at its Small Arms Complex located on the outskirts of Gwalior

Fortis Healthcare arm receives ₹117 crore income tax demand, weighs appeal

Fortis Hospitals Ltd is in receipt of an income tax order dated March 27, 2026, for AY 2024-25 and a demand of ₹117.04 crore has been raised, it said in a regulatory filing

India flies out of emerging market bracket of BSH Home Appliances

BSH Home Appliances has made India a standalone region after 15% growth in 2025, driven by premiumisation and rising demand across key appliance categories