Company News

Tata Sons listing in public interest, have faith in govt, says SP Mistry

So far, no clear evidence-based case has been presented to explain how a public listing would materially damage the interests of the Tata Trusts or reduce their ability to serve beneficiaries, he said

Tamara Leisure targets 50:50 asset-light mix with ₹600 crore investment

Hospitality chain plans balanced asset mix and Rs 600 crore expansion over five years, with focus on scaling midscale brand Lilac amid strong demand in the segment

Godrej Properties logs record bookings, business development in FY26

Developer reports highest-ever bookings, collections and business development in FY26, driven by strong housing demand, robust launch pipeline and sustained momentum across key metro markets

French watch co Pierre Lannier eyes revenue of ₹10 cr in 1st year

French watchmaker Pierre Lannier eyes Rs 10 crore India revenue in first year, betting on retail-led expansion and rising demand for premium affordable watches

New India Assurance shares rise nearly 20% after FY26 business update

Shares of New India Assurance surged nearly 20% after strong FY26 premium growth and improved market share, supported by favourable valuations and investor sentiment

Jio-bp not to raise fuel rates despite spike in international oil prices

Nayara Energy, in which Russian oil giant Rosneft hold the largest shareholding, has increased petrol price by Rs 5 a litre and diesel by Rs 3

QatarEnergy, BHEL, others empanel Mangalam Worldwide as approved vendor

The company's integrated model, he said, supports consistent quality and execution, while strengthening our participation across global and domestic energy and EPC-led ecosystems

Orbicular Pharma gets US FDA nod for generic Ozempic with Apotex

Orbicular Pharma and Apotex secure tentative US FDA approval for generic Ozempic, marking entry into fast-growing semaglutide market pending patent clearance

CIL absorbs surge in input costs to shield coal users from price hike

CIL said that any pass-through of these rising input costs could have a cascading effect on the economy, particularly on power and industrial users dependent on coal

Vedanta kicks off Odisha aluminium park with 2 MoUs for downstream units

Vedanta signs initial MoUs for aluminium park in Odisha, marking start of downstream activity with over Rs 500 crore investment and expected boost to jobs and MSMEs

BonV Tech to build Odisha's first drone park with ₹300 crore investment

BonV Technology plans ₹300 crore drone park in Odisha to boost UAV manufacturing, skilling and defence ecosystem with advanced assembly, testing and training facilities

CRISIL upgrades Shriram Finance to AAA, Sammaan Capital to AA+ rating

CRISIL upgrades Shriram Finance to AAA and Sammaan Capital to AA+, citing improved credit profiles, strong capital buffers and strategic backing from IHC Group

Vedanta questions evaluation metrics behind selection of Adani bid for JAL

Pointing towards the evaluation matrix used by the CoC, senior advocate Abhijeet Sinha asked whether it was used "to achieve value maximisation or is it being used for some other purpose"

No impact of war on India biz, education big opportunity: Salesforce's prez

While there is uncertainty on the macroeconomic front due to the geopolitical tensions, technology is not standing still, Bhattacharya said, adding that it is evolving at a rapid pace

Godrej Properties FY26 pre-sales up 16pc to record Rs 34,171 cr

In terms of sales bookings or pre-sales, Godrej Properties is likely to become the largest listed real estate firm during 2025-26

Capri Global to raise ₹500 cr via bonds, shift focus to debt markets: MD

The non-banking finance company will issue bonds with maturities of two, three, five and 10 years

Hyatt Hotels plans to expand India footprint with 5 new hotels in 2026

Hotel chain plans five new openings in India and explores partnerships and investments, betting on strong domestic demand and rising discretionary spending

Decision on Tata Sons listing likely soon amid Trusts controversies

While there are indications that the status of Tata Sons as an upper-layer NBFC may be on the table, the RBI has not commented on any specific company issue

Real-estate major Prestige group may look at Reit as office rentals rise

Land prices remain key factor

Axis Bank to infuse ₹389 crore in Axis Max Life to meet funding needs

Axis Bank has received the requisite approval from the Reserve Bank of India (RBI) for the said infusion