Company News

Sebi extends ring-fencing deadline for DTs; Peak XV exits MobiKwik

The transaction marks the firm's complete exit from the Gurugram-based fintech, where it was an early institutional investor

Bandhan Bank's net profit zoomed 68% in Q4FY26 on fall in provisions

Lower provisions, easing stress in asset quality, and steady growth in non-interest income help drive a robust Q4 earnings performance for the bank

Airtel eyes $2 billion London IPO of mobile money unit, says report

The listing could value Airtel Money at as much as $10 billion, the people said, a valuation that would put it among the largest IPOs on a European exchange in recent years

IHH-Daiichi case: Tokyo court concludes hearing, ruling on September 10

The deal was held up in court amid Daiichi Sankyo's long-running dispute with the Singh brothers over its purchase of Ranbaxy Laboratories more than a decade ago

Centricity WealthTech names Kartik Kini to lead strategy for Invictus unit

Firm bolsters push into high-net-worth segment with senior hire and expanded leadership team

Coal India shares rise over 3% after Q4 profit jumps 11.1% Y-o-Y

The stock ended at ₹466.95, up 3.10 per cent on the BSE. During the day, it jumped 4.63 per cent to ₹473.90

House of Hiranandani signs ₹3,000 crore redevelopment project in MMR

The project will include 380 homes for existing members, along with over 850 free-sale residences across about 7.6 lakh square feet of saleable carpet area

OpenAI missed sales, user targets, fueling spending concerns: Report

Its ChatGPT chatbot also didn't hit the company's target of one billion weekly active users by the end of 2025, the newspaper said

RBI action on Paytm Payments Bank: What it means for One97's strategy

RBI's revocation of Paytm Payments Bank licence raises questions on governance lapses and what it means for One97 Communications' ambition to build a full-stack financial services platform

Infosys tops LinkedIn India 2026 career growth list; Accenture second

The 10th edition of the annual list, which features 25 large companies, is dominated by technology powerhouses, global consulting firms, and financial giants

CM Naidu lays foundation for $15 bn Google AI data centre in Andhra

According to the CM, the ₹1.35 lakh crore Google data centre investment will emerge as the pride of North Andhra region, and termed it as Asia's biggest such facility

PhonePe crosses 50 million registered merchants across India ahead of IPO

PhonePe noted its expansion from offering QR code-based payment solutions to providing a full-stack suite of financial tools, including working capital loans, Point-of-Sale terminals, & SmartSpeakers

L&T Realty expands development portfolio with NCR land acquisition

Acquisition of ₹1,123 crore adds Gurugram to co portfolio amid expansion

Peak XV Partners fully exits Mobikwik in block deal worth ₹130 crore

Peak XV was one of the early investors in the firm and exited at three times of its investment value

Sun Pharma's $11.75 bn Organon bet: Global pharma leap or balance risk?

Sun Pharma's $11.75 billion Organon deal could boost its global scale and biosimilars reach, but investors are closely watching debt levels, execution risks and long-term returns

Home services platform Snabbit raises $56 mn in Series D funding round

Snabbit Founder and CEO Aayush Agarwal said the company plans to utilise the fund to build a strong balance sheet

VC firm Capital-A secures ₹160 crore in first close of its Fund II

Capital-A said the fund is also in advanced discussions with select domestic institutional and quasi-sovereign investors aligned with its sector focus

MobiKwik's NBFC arm likely to launch operations in 2026: Upasana Taku

MobiKwik gets RBI nod for NBFC arm, plans lending launch in 2026; move to boost fintech stack, expand credit offerings, and tap co-lending opportunities

Sun Pharmaceutical acquires US-based Organon in $11.75 billion deal

Combined entity to have revenue of $12.4 billion; enters biosimilars big league

Coal India Q4 results: Net profit rises 12% on higher other income

Coal India's Q4 profit rises 12% on higher income, but weak offtake and softer FY26 performance highlight demand concerns despite diversification push