Page 3 - Company News
Kotak Alternate Asset Managers closes $1 billion real estate fund
Kotak Alts closed its 14th Real Estate Fund at USD 1 billion, backed by major commitments from ADIA and South Korea's NPS Korea
 "Kotak Alternate Asset Managers closes $1 billion real estate fund")
Visa appoints Shah Rukh Khan as brand ambassador for India campaign
The payments giant launched its "Infinitely More" campaign focused on affluent, experience-driven Indian consumers
 "Visa appoints Shah Rukh Khan as brand ambassador for India campaign")
Anthropic expands Project Glasswing to 15 more countries, India gets access
Anthropic expanded Project Glasswing to 150 organisations across 15 countries, including India, amid growing concerns over AI-driven cyber threats
 "Anthropic expands Project Glasswing to 15 more countries, India gets access")
NMDC plans up to ₹50K crore investment amid diversification push
Overseas acquisitions, rare earths and branded iron ore part of core strategy
 "NMDC plans up to ₹50K crore investment amid diversification push")
IEX trade volume rises 18.6%, Day-Ahead Market price up 18.3% in May
Rising electricity demand and record peak power consumption boosted trading volumes on the Indian Energy Exchange and pushed spot market prices higher
 "IEX trade volume rises 18.6%, Day-Ahead Market price up 18.3% in May")
Vanguard marks down Ola Consumer valuation to about $70 million
The asset manager's latest valuation implies a nearly 99 per cent decline from the level at which it first invested in the ride-hailing company in 2015
 "Vanguard marks down Ola Consumer valuation to about $70 million")
IT major Wipro CEO Pallia's salary down 15.7% to $5.29 million
The decline in Srini Pallia's compensation was primarily due to lower variable pay, as IT firms continue to navigate a challenging demand environment
 "IT major Wipro CEO Pallia's salary down 15.7% to $5.29 million")
TVS starts production of Norton Atlas in Hosur; launch likely in two months
TVS Motor has commenced production of the Norton Atlas at its Hosur facility as part of the British brand's revival strategy, with an India launch expected soon
 "TVS starts production of Norton Atlas in Hosur; launch likely in two months")
Hero could roll out flex-fuel variants across all bikes in 2 years: CEO
Hero MotoCorp plans to introduce flex-fuel variants across its motorcycle portfolio within two years, subject to fuel availability and pricing
 "Hero could roll out flex-fuel variants across all bikes in 2 years: CEO")
iBus eyes Southeast Asia expansion, new digital infra opportunities
The digital infrastructure provider is targeting growth from hospitality, foreign university campuses, premium housing projects and edge data centres in India and overseas
 "iBus eyes Southeast Asia expansion, new digital infra opportunities")
Flipkart bets on payments, biometrics and loyalty ahead of IPO push plans
The Walmart-owned e-commerce giant is expanding into biometrics, credit and loyalty programmes to boost growth, improve margins and strengthen customer engagement
 "Flipkart bets on payments, biometrics and loyalty ahead of IPO push plans")
Oyo's parent Prism gets Sebi nod for ₹6,650-crore public listing: Report
Prism had submitted its draft IPO papers to Sebi through the confidential filing route in late December 2025
 "Oyo's parent Prism gets Sebi nod for ₹6,650-crore public listing: Report")
Fairwood Nuclear, SK Securities sign pact to advance small reactor projects
The agreement was signed between India's Fairwood Nuclear Pvt Ltd and South Korea's SK Securities Co Ltd
 "Fairwood Nuclear, SK Securities sign pact to advance small reactor projects")
How Hindware-Google verdict could rewrite digital strategy for India Inc
Experts sat the Delhi High Court's Hindware ruling could reshape customer acquisition, platform dependence, brand protection and digital growth strategies across India Inc
 "How Hindware-Google verdict could rewrite digital strategy for India Inc")
Tata board meets next week, may skip talks on Chandra's term, listing
Upcoming Tata Trusts and Tata Sons board meetings are expected to focus on routine matters, with no immediate decision likely on Chandra's tenure or listing plans
 "Tata board meets next week, may skip talks on Chandra's term, listing")
Alkem launches semaglutide pre-filled syringes in India at ₹350
The company has received DCGI approval for multiple dosage strengths and aims to widen access to semaglutide treatment for diabetes and obesity
 "Alkem launches semaglutide pre-filled syringes in India at ₹350")
Ceat bets on CAMSO to drive next phase of off-highway tyre growth
The tyre maker expects tracks and developed markets such as North America and Europe to power growth as access to additional CAMSO categories expands
 "Ceat bets on CAMSO to drive next phase of off-highway tyre growth")
Welspun One eyes leasing 10 mn sq ft in 3 years, expand footprint
The deals include a 5.9 lakh sq ft single-box facility for Amazon India, a 20-metre-high warehouse for AAJ Supply Chain, the company said
 "Welspun One eyes leasing 10 mn sq ft in 3 years, expand footprint")
V Packirisamy appointed PFC Director (Commercial), effective June 2
Packirisamy brings over three decades of extensive experience in the power sector and infrastructure finance
 "V Packirisamy appointed PFC Director (Commercial), effective June 2")
India's long-term growth remains intact despite near-term hurdles: HUL
HUL Chairman Nitin Paranjpe says strong domestic demand, structural reforms and digital transformation continue to underpin India's long-term growth prospects
 "India's long-term growth remains intact despite near-term hurdles: HUL")