Page 6 - Company News

Dalmia Bharat to acquire debt-ridden JAL's cement assets for ₹2,850 crore

Dalmia Bharat will acquire Jaiprakash Associates' cement assets for Rs 2,850 crore, boosting its capacity to 54.7 MTPA

Eicher Motors posts record Q4 profit, plans ₹3,400 crore FY27 capex

Royal Enfield maker Eicher Motors reports record quarterly earnings and plans Rs 3,400 crore capital expenditure for capacity expansion and growth

Emirates NBD launches open offer to acquire 26% stake in target company

Emirates NBD launches Rs 11,735 crore open offer to acquire up to 26 per cent stake in RBL Bank after securing regulatory approvals

Lenovo India revenue grows 23% to $4.18 billion in FY26

Lenovo India VP and Managing Director, Shailendra Katyal, said the company has recorded a 34 per cent year-on-year growth in the March 2026 quarter

Colgate-Palmolive India Q4 profit flat amid GST-related charge impact

Colgate-Palmolive India reports largely flat Q4 net profit due to GST-related charges and restructuring costs, while revenue rises 9.1 per cent year-on-year

LTM offers to buy Randstad's Europe, Australia businesses for 160 mn euro

The acquisition will help LTM expand its AI, engineering and cybersecurity capabilities in Europe and Australia while strengthening its presence in aerospace, defence and financial services

Godrej Properties ties up with Tata Projects for contracts worth ₹1,100 cr

Tata Projects will execute construction work for three luxury residential developments by Godrej Properties along Gurugram's Golf Course Road

Vedanta unit Talwandi Sabo Power faces ₹127 cr penalty after SC ruling

The apex court has upheld the alleged penalty on TSPL for misdeclaration of availability for January 2017 in terms of the Grid Code, along with the applicable Late Payment Surcharge

Alembic Pharma gets USFDA nod for generic levothyroxine sodium tablets

The approval by USFDA is for the Abbreviated New Drug Application of levothyroxine sodium tablets of various strengths

Auditors feel the heat from 'cooling-off Bill' on conflict of interest

A draft Bill proposes ways to check conflict of interest among auditors and their clients

Capital Group builds $2 billion bet in Adani Group in pivot from Reliance

The Los Angeles-based money manager has acquired stakes worth more than $2 billion across three Adani Group companies in recent weeks

Bharti group seeks UK support to increase BT stake without bid for takeover

Bharti could increase its stake to as much as 29.9 per cent to gain greater economic exposure to BT but does not plan to pursue a full takeover

Room with match view: Rajasthan gets ready for India's first stadium hotel

Second at Dharamshala stadium in the works

Small-town India is 'beautiful' for Amazon's luxury play: Siddharth Bhagat

Amazon India plans to add over 100 premium beauty brands in 2026 as demand from tier-2 and tier-3 cities accelerates across categories

Maruti Suzuki India to increase prices by up to ₹30,000 from June 2026

Maruti Suzuki India will raise prices across its portfolio from June 2026, citing sustained increase in input costs and inflationary pressures

Nissin leases 3.85 lakh sq ft warehouse near Ggn for ₹65 lakh rent

Logistics firm Nissin ABC has leased 3.85 lakh sq ft of warehouse space near Gurugram for five years amid rising demand for logistics assets

Apollo HealthCo eyes Q1FY27 breakeven amid group restructuring plans

Apollo HealthCo is expected to achieve cash breakeven by Q1FY27 as Apollo Hospitals advances a restructuring plan involving demerger and merger of key units

LG Electronics India reports 8.2% fall in Q4 profit despite sales growth

LG Electronics India reported an 8.2 per cent decline in fourth-quarter net profit as rupee depreciation and elevated commodity prices weighed on margins

SAIL to invest over ₹35,000 crore in expansion over next two years

SAIL plans to spend over Rs 35,000 crore over the next two years on capacity expansion projects at its IISCO, Bokaro and Bhilai steel plants

Nibe shares skyrocket after successful trials of Suryastra rockets

Nibe Limited shares rallied sharply after successful trials of the Suryastra rocket system and Vayu Astra-1 loitering munition boosted investor optimism