Company News

SP Group unit receives debt downgrade ahead of $3 billion refinancing

The ‌real estate and civil engineering firm's non-convertible debentures were downgraded to B+, from BB-, CareEdge said on Wednesday

L&T secures mega JSW Steel order for capacity expansion in Ballari, Paradip

L&T has secured its largest domestic metals-sector order from JSW Steel to build critical facilities as the steelmaker expands capacity in Ballari and Paradip

Sun Pharma weighs multiple funding options for $12 billion Organon deal

The Indian drugmaker is considering seeking consent from Organon bondholders to swap their holdings into Sun Pharma debt

Zee sues Nykaa over alleged use of copyright songs on Instagram reels

Zee Entertainment said Nykaa had used several of its copyrighted songs in reels to promote products to millions of followers

Temperatures on the rise, online platforms offer relief to gig 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

Bombay HC quashes Lilavati Trust bribery case against HDFC Bank CEO

The court, while quashing the FIR, said continuance of the same would be nothing but an "abuse of the process of court" and that the same was not a bona fide complaint

Apple Inc's iPhone 17 leads Vivo, Oppo in phone sales: Counterpoint

Apple's iPhone 17 leads India's smartphone market in Q1 CY2026 despite its premium pricing, driven by stable prices, strong demand, and EMI-led affordability

NCLAT sets aside ₹301.6 crore CCI penalty on Grasim, orders fresh hearing

The order was challenged by Grasim before the NCLAT, which is also an appellate authority over CCI, which asked the regulator to hear afresh

Poonawalla Fincorp's Q4FY26 results: Net profit jumps 4x to ₹255 crore

Poonawalla Fincorp reports over fourfold rise in Q4FY26 net profit, supported by strong NII growth and nearly 70% increase in assets under management

Vedanta outlines mega expansion across aluminium, oil, power post demerger

Vedanta plans to double aluminium capacity, scale oil output and expand power portfolio as it pursues aggressive growth across sectors following its demerger

Bondada Engineering eyes ₹10,000 cr investment for 25 GW RE, data centres

Bondada Engineering plans Rs 10,000 crore investment to build 25 GW renewable capacity and expand into data centres and defence manufacturing by 2030

Carrier Global to break ground on ₹1,000 crore chiller facility at Sri City

Carrier Global will set up a Rs 1,000 crore chiller manufacturing unit at Sri City, boosting Andhra Pradesh's ambition to become a global hub for data infrastructure and components

Godrej Enterprises' commercial aviation biz eyes 15-20% growth till FY32

The company is developing in-house design platforms for key components as it shifts from a build-to-print model to a design-led player higher up the value chain

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

Netradyne acquires Moove to expand AI fleet safety business in Europe

The deal adds local operations and customers as SoftBank-backed Netradyne expands its AI-powered fleet safety business and strengthens its presence across key European markets

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