Page 109 - Company News

Puravankara to invest ₹7,000 cr in new housing projects across India

Puravankara plans to invest ₹7,000 crore in upcoming residential projects expected to generate ₹15,000 crore in sales, expanding its presence beyond southern markets

Four carmakers with 63% output supported CAFE relief: R C Bhargava

Bhargava pointed out the revised draft was a good beginning but not adequate

Delhi AQI hits 425, firms allow work-from-home amid Grap Stage III curbs

The development comes on the heels of the Delhi government imposing the Graded Response Action Plan (Grap) Stage III, after the air quality was in the "severe" category at 425

ChatGPT parent OpenAI leases first 50-seater office space in New Delhi

OpenAI is planning to open its first office in India, as the country is its second-largest ChatGPT user base

JSW Steel likely to sell 50% stake in Bhushan Power & Steel to Japan's JFE

The stake sale could help scale Bhushan Power & Steel's capacity to 10 million tonnes and strengthen JSW's partnership with Japan's JFE while keeping debt in check

Software firm Salesforce to train 100K Indian learners in AI by June 2026

Salesforce, in partnership with SmartBridge, will train 100,000 learners across Tier-II and Tier-III cities in AI skills under the YuvaAI Bharat: GenAI Skill Catalyst programme by June 2026

Flipkart doubles electric vehicle fleet to over 20K in sustainability push

E-commerce firm steps up drive toward a fully electric last-mile network by 2030, launching pilot for long-haul EV trucks on key routes

Uber gives teens in India more independence - with parental control

New feature lets teens book rides under parental oversight as company seeks stronger foothold in key growth market

Servier India launches subsidised biomarker tests for rare cancers

Servier India has tied up with MedGenome and Reliance-backed Strand Life Sciences to offer low-cost IDH1 and IDH2 biomarker testing for rare cancers like AML and CCA across India

Medikabazaar targets 40% annual growth as turnaround gains traction

After reporting an 80% revenue jump and EBITDA positivity in Q2FY26, Medikabazaar plans 40% annual growth over the next three years, even as it navigates a high-profile boardroom dispute

Swiggy expands Crew travel and lifestyle app to major metro cities

The company had started pilot testing the new app a few months ago. During that stage, while the app was available on the Google Play Store and Apple App Store, it could only be accessed by invitation

Tata Trusts appoints Noel Tata's son Neville, Bhaskar Bhat trustees

Srinivasan gets 3-yr term in compliance with legal norms

IndusInd Bank looks to claw back salary, bonuses of former top officials

This year, IndusInd Bank disclosed incorrect accounting on derivative trades that prompted a $230 million hit to its accounts and led to exit of former CEO Sumant Kathpalia and deputy CEO Arun Khurana

Bajaj Finance expects AUM from MSME business to grow 10-12% in FY26

Cuts AUM growth guidance to 22-23% for FY26

Online travel aggregator Ixigo integrates AI into core strategy for growth

Solutions for consumer pain points in travel to be first focus; monetisation to follow

JioHotstar joins Netflix as it crosses 1 billion downloads on Google Play

With over 500 million monthly active users, JioHotstar leads the OTT market in the country, the person aware of the development added

Novo Nordisk cuts weight-loss drug Wegovy prices by up to 37% in India

Move comes in a bid to gain more space in India's anti-obesity market dominated by Mounjaro

Wilmar to acquire 13% stakes in India's AWL Agri for ₹4,650 crore

The unit Lence will buy 169 million shares in the consumer goods joint venture between Wilmar and Adani Group, it added

Vodafone Idea expects long-term AGR resolution after Supreme Court ruling

Vodafone Idea CEO Abhijit Kishore said the telco is in talks with the DoT for next steps after the Supreme Court allowed reassessment of AGR dues up to FY17, paving the way for clarity on liabilities

Yamaha enters India's EV market, to roll out 10 new models by end-2026

Yamaha expects its first EVs to hit showrooms by the first quarter of FY26 (January-March), once network readiness is complete