Company News

Marriott debuts Autograph Collection brand in India with Karnal hotel

The global hospitality major debuts its Autograph Collection brand in India with Noormahal in Karnal, marking the launch of its 19th brand and expanding its portfolio in the country

SEC, Adanis seek extension, propose new briefing schedule in US case

SEC had sued Adani Group founder Gautam Adani and his nephew, Sagar, in November 2024, alleging they had misled investors by failing to disclose alleged bribery scheme tied to Indian state officials

SpiceJet preparing for layoffs as financial troubles intensify: Report

Salary delays have stretched to months while fleet size has dropped, pushing the cash-strapped airline to seek govt funding as competition, operational constraints intensify, a media report said

JSW Steel, POSCO form joint venture to set up 6 mtpa steel plant in Odisha

The proposed 50:50 joint venture will establish a 6 mtpa integrated steel plant, marking POSCO's return to Odisha and reinforcing the state's position as a key hub for large-scale steel investments

Kiwi cofounder Mohit Bedi quits CBO role, moves into advisory position

Bedi previously worked in fintech PayU and in Axis Bank. At Axis Bank, he was the senior vice-president (SVP) and business head - acquiring and commercial cards

No complaints received regarding alleged issue on POSH channels: TCS

Company initiates independent probe with Deloitte and Trilegal; sets up board-level oversight as it reviews allegations at Nashik unit

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

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

Rubicon Research sharpens India play with focus on CNS: CEO Parag Sancheti

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

Tesla is preparing to launch six-seater Model Y variant in India

Tesla plans India debut of six-seat Model Y L to revive sluggish sales, expanding lineup with China-made variant amid high import tariffs

NBCC sells 14 lakh sq ft commercial space in South Delhi for ₹5,779 cr

NBCC sells 14 lakh sq ft commercial space in South Delhi for Rs 5,779 crore via e-auction, boosting funds for govt-led redevelopment projects

JSW Steel board approves proposal to sign pact with POSCO for joint venture

The proposed joint venture would set up a greenfield 6 MTPA integrated steel plant in Odisha, the company said

UltraTech now world's largest outside China, plans ₹16K crore capex

Aditya Birla Group firm crosses 200 mtpa capacity milestone, outlines Rs 16,000 crore investment plan to expand capacity to 240 mtpa by FY28

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

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

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

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

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