Company News

Waaree Energies confirms Odisha project on track with no relocation plan

Paithankar said construction activities are actively ongoing, and contracts for the Odisha facility have been duly awarded and are being executed as planned

ONGC reports major progress in controlling Assam gas well blowout

The international expert team from CUDD Pressure Control, USA, who arrived on site on Friday, has conducted a preliminary assessment of the situation and reviewed all actions undertaken by ONGC teams

NTPC board approves plan to raise ₹18,000 crore via bonds, NCDs

The company also fixed the cut-off date of Friday for the purpose of reckoning the names of members

Genpact's 10-hour workday sparks employee outrage, online backlash grows

Genpact faces employee backlash as 10-hour work mandate sparks concerns over burnout, digital surveillance, and a complete lack of formal communication

Chanda Kochhar once proposed HDFC-ICICI merger, reveals Deepak Parekh

Before the HDFC-HDFC Bank merger, Chanda Kochhar had pitched an ICICI-HDFC merger, says Deepak Parekh in a rare public disclosure

CBI books ex-officials of TCE, JNPT in ₹800 cr ship channel dredging scam

The searches led to the recovery of a number of documents relating to the Capital Dredging Project, digital devices and documents showing investments made by public servants

Bharti Space to invest $36 million in French satellite major Eutelsat

Eutelsat to raise €1.35 billion via capital increase and rights issue to expand LEO satellite capacity and repay debt; Bharti Space to invest €31.4 million

Andhra clears ₹28,546 cr investments; Adani Group to spend ₹18,910 cr

IT company Cognizant will invest almost ₹1,583 crore to set up a campus in Visakhapatnam

Sun TV denies family feud, calls news reports on Maran dispute 'defamatory'

Sun TV denied reports of a dispute between CMD Kalanithi Maran and former Union Minister Dayanidhi Maran over a 2003 share allotment

Tata Motors expects to achieve 30% EV penetration ahead of target: Chandra

Looking for alternative sourcing for Rare earth magnets and focussing on right level of inventory, Chandra says

Vanguard group buys 1.1% stake in Vishal Mega Mart for Rs 655 crore

Following the stake buy, shares of Vishal Mega Mart rose 2.12 per cent to close at Rs 128.80 apiece on the National Stock Exchange

Biocon closes ₹4,500 crore QIP to boost innovation, expand global access

Biocon raises ₹4,500 crore through QIP, its first equity issue since IPO, to fund innovation, repay debt, and expand global access to affordable biopharmaceuticals

Nippon India MF, BlackRock, others buy 10% stake in Sai Life for ₹1,505 cr

These entities picked up more than 2.08 crore equity shares or 10 per cent stake in Hyderabad-based Sai Life Sciences, as per the block deal data on the BSE

HAL outbids Adani-backed firm to bag transfer of tech of SSLV from Isro

HAL presented the winning bid of Rs 511 crore to emerge as the sole manufacturer of the SSLV after the completion of the process of transfer of technology

Accenture sees strong Q3 with $17.7 billion revenue, ups FY25 guidance

Accenture reports 8% YoY growth in Q3 revenue, lifts FY25 forecast, as EPS climbs 15%, operating margin strengthens, and generative AI bookings reach $1.5 billion

Samvardhana Motherson Int to raise ₹2,500 cr via NCD for capex, acquisition

The company has lined up investment of about ₹6,000 crore in FY26 for capital expenditure through 14 greenfield facilities

DHFL case: Expeditiously decide Kapil Wadhawan bail plea, SC tells Delhi HC

A bench of Justices Ujjal Bhuyan and Manmohan said Wadhawan was in custody since July, 2022 and his bail plea was coming up for hearing on July 18 in the high court

Delhivery launches intracity delivery service to take on Uber, Rapido

Delhivery Direct goes live in Delhi-NCR and Bengaluru, offering 15-minute pickups and flexible shipping across vehicle types

HPCL to invest $231 million to build 24 compressed biogas plants in India

Since April, India has mandated mixing gas used to run automobiles and cooking gas with 1 per cent of CBG

Reloy FY25 revenue rises 60% to ₹28.5 crore on strong referral sales growth

Founded in 2015, Reloy specialises in real estate loyalty and referrals. It is a B2B2C homeowner and broker management platform that helps builders manage their customers and brokers more efficiently