Company News

L&T wins ₹2,500-5,000 cr coal-to-ammonium nitrate project in Odisha

The project will produce 2,000 tonnes of ammonium nitrate daily, reducing imports, conserving foreign exchange, and strengthening India's energy and chemicals sectors

As temperatures soar, online platforms step up heat protection for workers

E-commerce and food delivery firms step up cooling infrastructure, insurance cover and welfare measures for gig workers as rising temperatures and heatwave warnings intensify across India

Reliance submits documents to CBI in bribery probe, executive gets bail

CBI arrested a Reliance senior V-P Bharat Mathur, and an official from the country's aviation regulator last month, accusing them of agreeing to a $16k bribe to clear drone import applications

Biocon founder Kiran Mazumdar-Shaw picks niece Claire as successor

She plans a gradual leadership transition over the next five years, with her niece Claire Mazumdar expected to assume the chair in a phased manner

L&T bags order to develop coal-to-ammonium nitrate project in Odisha

Project is likely to produce 2,000 tonnes of ammonia nitrate per day, reducing import dependence, conserving forex and strengthening domestic industrial capabilities in energy and chemicals sectors

Wadia Group's Bombay Realty launches luxury project in Mumbai's Dadar

Wadia Group's Bombay Realty unveils THREE ICC in Dadar, offering premium residences with strong connectivity as demand for luxury housing grows in Mumbai

Vodafone Idea taps into multi-million-dollar micro-drama market

Vi Movies & TV to offer short content free for subscribers in tie-up with OTT player Bullet

NCLAT quashes insolvency proceedings against Embassy Developments Limited

Bengaluru-based developer financially sound, says in statement

Supreme Court refuses to interfere in NCLAT order restoring Byju's CoC

Supreme Court backs NCLAT decision restoring original CoC in Byju's insolvency case, dismissing founder Byju Raveendran's appeal and allowing probe into IRP conduct

NCLAT upholds Adani's Jaiprakash Associates bid, junks Vedanta plea

Tribunal backs lenders' decision on Adani's resolution plan for Jaiprakash Associates, dismissing Vedanta's challenge over transparency and bid value concerns

Petronet LNG plans to build 7 LNG storage tanks amid supply disruptions

The move comes as India faces critical challenges in meeting the country's energy requirements amid the West Asia crisis, highlighting high energy import dependency and lack of storage infrastructure

Delhi HC restrains EaseMyBiz from launching app in MakeMyTrip case

Court bars EaseMyBiz from launching its app and activating domain amid trademark dispute with MakeMyTrip, while allowing underlying courier business to continue

Tata Trusts set to review representation at Tata Sons this week

If the review implies Srinivasan's exit from the Tata Sons board, Noel Tata will remain the only trustee nominee there

Pixxel, Sarvam to build India's first orbital data centre satellite

The partnership will see Pixxel build and operate the Pathfinder satellite, while Sarvam provides the AI backbone, enabling real-time data processing in orbit using hyperspectral imaging and GPUs

NCLAT rejects Vedanta's plea against selection of Adani group's bid for JAL

JAL, which has high-quality assets and business interests in various sectors, was admitted to the CIRP in June 2024 after it defaulted on payments of loans aggregating ₹57,185 crore

Milky Mist raises ₹482 crore from Temasek subsidiary in pre-IPO round

The dairy company raised ₹357 crore via primary infusion and ₹125 crore through secondary share sale, with Temasek arm Jongsong Investments anchoring the pre-IPO funding round

Bajaj Auto reports 40% growth in total sales at 513,792 units in April

Total domestic sales were up 13 per cent at 248,210 units as compared to 220,615 units in April 2025, Bajaj Auto said in a statement

Bahwan CyberTek launches CloudXcel to introduce AI-driven cloud engineering

CloudXcel brings together Cloud automation, governance, FinOps intelligence, and architecture validation into a single AI-powered portal

Sun Pharma exploring Eurobonds, bond swaps to fund US-based Organon buy

According to bankers, the Indian pharma major plans to raise around $10 billion from various sources, while the remaining will be funded through internal accruals

Artha Venture's early bets begin to pay off as exit opportunities mount

Artha's Anirudh Damani says disciplined entry valuations-not market timing-are driving its biggest wins