Company News

Class action suit against Jindal Poly Films to be heard by Principal Bench

NCLT Special Bench adjourns hearing, citing jurisdiction; Sebi seeks time for rejoinder as minority shareholders move intervention applications

Cognizant may cut 7,000-15,000 jobs as part of its Project Leap programme

Cognizant may cut up to 15,000 jobs as it pivots to an AI-led model, reflecting deeper shifts in IT services economics and weakening demand

Vi's AGR dues slashed by 27% to ₹64,046 crore after DoT reassessment

DoT committee finalises AGR reassessment, with most dues to be paid in instalments between FY36 and FY41, extending relief to the financially stressed telecom operator

Embassy Reit bets on acquisitions for growth, says CEO Amit Shetty

Embassy REIT eyes acquisitions, redevelopment, and GCC-led demand to drive growth, betting on strong leasing momentum and rental upside

Federal Bank to acquire 450,000 retail credit cards from StanChart

Bank to strengthen retail franchise and Tier-1 presence by acquiring seasoned credit card portfolio from Standard Chartered amid broader retail strategy shift

Nalco posts record net profit of ₹5,816 crore in FY26 on strong operations

State-run aluminium major reports highest-ever revenue and operational performance, supported by higher production, improved realisations and efficiency gains

Smartworks targets up to 30% growth in operational area in FY27

Co-working firm expects expansion from 10.1 msf base, supported by strong office absorption, rising demand for managed workspaces, and visibility of future supply

Vedanta eyes three critical minerals, explores rare earth magnets

Mining major targets portfolio expansion and evaluates entry into rare earth magnet manufacturing as it deepens its role in India's strategic minerals ecosystem

Reliance Retail acquires Anomaly, expands beauty portfolio globally

Deal gives Reliance Retail full ownership of Anomaly Haircare, strengthening its presence in beauty and personal care while scaling the brand across India and global markets

Tata Power arm to invest ₹6,500 crore in 10 GW solar wafer facility

The production of ingot and wafer will support the company's backward integration, the company said in an exchange filing

Eli Lilly backs Haryana FDA action on counterfeit Mounjaro seizures

Pharma major says seized fake Mounjaro in Gurugram did not originate from its supply chain, urges vigilance and purchase only through authorised channels

Infosys to scale up Vizag ops, to set up 7K-seater campus on 20 acre campus

The state government on Thursday said that land has already been allotted for the project

Amazon's 'Now' orders rising 25% month over month in India: CEO Andy Jassy

E-commerce giant expands rapid-delivery service to 100 cities as competition intensifies in quick-commerce market

Renault moves NCLT to restructure India ops, eyes €2 bn exports by 2030

French automaker moves tribunal to streamline India structure, boost exports to €2 billion annually by 2030, and strengthen the country's role as a key manufacturing hub

Vedanta demerger: What it signals for India's metals and mining sector

As Vedanta splits into independent verticals, the move signals India's evolving mining sector, focused on supply chain control, critical minerals, and specialised companies

SC defers hearing to May 8 over alleged ADAG banking fraud by Anil Ambani

t also permitted the central probe agencies to approach it in case there is any reluctance on the part of other government bodies in extending cooperation to them

Hero MotoCorp partners Quilmotors as exclusive distributor in Ecuador

Quilmotors will be responsible for assembly operations, network development, sales, after-sales service and spare parts distribution

Sebi approves change of control at RBL Bank in Emirates NBD stake deal

Emirates NBD's proposal to buy a 60 per cent stake in RBL for $3 billion was announced in October 2025

Federal Bank to buy nearly 450K retail credit cards from Standard Chartered

UK-headquartered Standard Chartered Bank, as part of its retail business strategy, had earlier said it would not push standalone credit cards in India

Infosys to set up 20-acre campus in Vizag, capacity for 7,000 staff

Over the last two years, Infosys' growth in the city has scaled in the port city from 250 employees to 1,900, with an additional 750 seats set to become operational in the near-term