Company News
IHCL completes acquisition of 51% stake in Brij Hospitality for ₹222 cr
Consequent to the acquisition, Brij has become a subsidiary of Indian Hotels Company Limited (IHCL)
 "IHCL completes acquisition of 51% stake in Brij Hospitality for ₹222 cr")
Jack-up rigs tender cancelled due to steep price escalation, clarifies ONGC
ONGC has cancelled four tenders to hire 15 jack-up rigs since 2014, according to a report
 "Jack-up rigs tender cancelled due to steep price escalation, clarifies ONGC")
Amazon targeted 32,000 bad actors, seized 15 mn counterfeits in 2025
Amazon's first Trustworthy Shopping Experience Report outlines efforts to tackle counterfeits, scams, and fake reviews using AI and global enforcement actions
 "Amazon targeted 32,000 bad actors, seized 15 mn counterfeits in 2025")
L&T Energy signs long-term green ammonia supply deal with Japan's ITOCHU
L&T Energy GreenTech will supply green ammonia, a key fuel option to decarbonise the shipping sector, from its proposed production facility in the western Indian state of Gujarat
 "L&T Energy signs long-term green ammonia supply deal with Japan's ITOCHU")
SBI moves SC seeking review of spectrum ruling, cites IBC misread
SBI seeks Supreme Court review of spectrum ruling, warning it may undermine lender rights and disrupt financing across telecom and other regulated sectors
 "SBI moves SC seeking review of spectrum ruling, cites IBC misread")
NavPrakriti to invest ₹100 crore in Odisha critical minerals facility
Battery recycling firm plans greenfield plant to extract cobalt, nickel and lithium, boosting domestic recovery of critical minerals and strengthening supply chains
 "NavPrakriti to invest ₹100 crore in Odisha critical minerals facility")
Karnataka HC extends stay on CCI case against Swiggy over data dispute
Court extends interim relief to Swiggy in antitrust probe, flags concerns over reliance on untested third-party statements in CCI investigation
 "Karnataka HC extends stay on CCI case against Swiggy over data dispute")
Vikram Saha resigns as Deputy MD, board member of Can Fin Homes
Senior executive steps down following transfer by parent bank, exits board as whole-time director, company says in regulatory filing
 "Vikram Saha resigns as Deputy MD, board member of Can Fin Homes")
Adani backs lenders, opposes Vedanta's late bid in Jaypee insolvency case
Adani Group supports lenders in Jaypee insolvency case, opposing Vedanta's revised bid filed after deadline, citing concerns over fairness and process integrity
 "Adani backs lenders, opposes Vedanta's late bid in Jaypee insolvency case")
Flipkart's Ekart expands IKEA partnership to deepen last-mile delivery
Chennai added as a key market as Ekart deploys electric fleet for IKEA deliveries, signalling rising demand for sustainable and tech-enabled logistics solutions in India
 "Flipkart's Ekart expands IKEA partnership to deepen last-mile delivery")
Eli Lilly backs crackdown on fake Mounjaro in Gurugram, flags safety risks
Following the confiscation of counterfeit injections, pharmaceutical company Eli Lilly, the manufacturer of Mounjaro, reacted to the seizure
 "Eli Lilly backs crackdown on fake Mounjaro in Gurugram, flags safety risks")
Smartworks crosses 10 million sq ft operational portfolio milestone
Flexible workspace provider reaches key milestone as demand from enterprises and GCCs drives growth in large campuses, multi-city deployments and long-term contracts
 "Smartworks crosses 10 million sq ft operational portfolio milestone")
AI-led innovations to contribute 40% to revenue in 3-5 years: LEAD Group
The ed-tech firm expects AI-led products to power future growth, with tools like Ms Curie and Fluento driving personalised learning across schools in India
 "AI-led innovations to contribute 40% to revenue in 3-5 years: LEAD Group")
Oberoi Realty sees pronounced rise in Q4FY26 bookings at ₹1,673 crore
Oberoi Realty reported a 96 per cent rise in Q4 FY26 bookings to ₹1,673 crore, with strong growth in units sold and carpet area booked
 "Oberoi Realty sees pronounced rise in Q4FY26 bookings at ₹1,673 crore")
Why Lenskart faced backlash over dress code, and what has changed now
After online outrage over alleged grooming rules, the company apologises and rolls out a revised style guide addressing concerns around religious symbols
 "Why Lenskart faced backlash over dress code, and what has changed now")
Bhive ropes in Milind Soman as Brand Ambassador for fitness workspaces
Bhive has appointed Milind Soman as brand ambassador as it sharpens its focus on fitness-led workspaces and campus-style coworking models
 "Bhive ropes in Milind Soman as Brand Ambassador for fitness workspaces")
Maruti Suzuki fast-tracks production to clear backlog of 200K orders
R C Bhargava, Maruti Suzuki chairman, said production was likely to hit 500,000 cars in FY27
 "Maruti Suzuki fast-tracks production to clear backlog of 200K orders")
Maruti Suzuki retires Ignis; supply woes hit S-Presso and WagonR
Maruti Suzuki phases out Ignis amid weak demand, even as strong bookings and production constraints lead to supply shortages in Wagon R and S-Presso models
 "Maruti Suzuki retires Ignis; supply woes hit S-Presso and WagonR")
IBC clock stalls: Supreme Court flags NCLT's nearly two-year lag
Top court raises concerns over prolonged pendency of resolution plan approvals, asks NCLT and IBBI to furnish nationwide data on delays and backlog
 "IBC clock stalls: Supreme Court flags NCLT's nearly two-year lag")
Allana group, Captain Fresh join hands to open 4K retail stores in India
In the joint venture (JV) called Indian Retail Alliance Private Ltd (IRAPL), Allana group will hold 51 per cent, while Captain Fresh will have around 49 per cent stake
 "Allana group, Captain Fresh join hands to open 4K retail stores in India")