Page 113 - Company News

Tata Steel to sell Jajpur ferro alloy plant to IMFA for ₹610 crore

Tata Steel has signed an asset transfer agreement with IMFA for the sale of its Jajpur ferro alloy plant in Odisha. The deal, worth Rs 610 crore, is expected to close within three months

BNPL not returning, says MobiKwik as losses widen to Rs 28.6 crore

MobiKwik's Q2FY26 loss widened to Rs 28.6 crore even as it tightened expenses. The fintech firm will not revive its BNPL product and is betting on ZIP-EMI and personal loans for growth.

Radisson targets 500 hotels, 50,000 workforce in India by 2030

Younes said the Radisson Hotel Group is expected to nearly triple its workforce to 50,000 people in India by 2030, from 17,000 at present

NCLAT overturns CCI ban on Whatsapp sharing user data with Meta platforms

According to a CCI order, Meta and WhatsApp have also been asked to implement certain behavioural remedies within a defined timeline to address the anti-competition issues

Smaller cities drive Flipkart's festive surge as e-commerce spreads wider

Flipkart's festive-season growth is being powered by sellers from smaller cities such as Surat, Meerut, and Lucknow, marking the deepening reach of India's digital commerce ecosystem.

Radisson Hotel Group elevates key leaders to drive South Asia growth

Radisson Hotel Group has promoted Vikram Berry and Faisal Nafees to senior operational leadership roles, reinforcing its expansion and performance focus across South Asia

'Zerodha scam': Investor flags ₹5-cr withdrawal rule; CEO Kamath responds

Investor Aniruddha Malpani alleged Zerodha blocked his ₹42.9 crore withdrawal, calling it a 'scam'; CEO Nithin Kamath clarified the ₹5-crore limit is a safety check

Tesla hires ex-Lamborghini chief Sharad Agarwal to lead India operations

Before joining Tesla, Sharad Agarwal led Lamborghini India for nearly a decade, helping the brand dominate the country's super-luxury market

IMFA to acquire Tata Steel's ferro chrome plant in Odisha for ₹610 crore

With this deal, IMFA becomes India's largest and the world's sixth-largest ferro-chrome producer

Affirma Capital leads $56 mn investment in RMSI to tap AI, mapping growth

The firm's Agastya Capital fund partners with 360 ONE Asset to back the engineering services company's expansion plans

Coromandel International MD S Sankarasubramanian named new Chairman of FAI

Coromandel International's Managing Director and CEO S Sankarasubramanian, has been elected Chairman of the Fertiliser Association of India, with Siba Prasad Mohanty as Co-Chairman

SpiceJet appoints ex-IndiGo COO Sanjay Kumar as Executive Director

SpiceJet said Sanjay Kumar has been "instrumental in shaping the low-cost aviation landscape" in India

Japanese publishers urge OpenAI to stop using their work for training AI

After ChatGPT's image generator was released, a viral trend emerged in which users recreated photos of themselves or their pets in the Ghibli art style and shared them widely online

IndusInd Bank targets market-level growth next fiscal, says new CEO

In the September quarter - the first under new chief executive Rajiv Anand - the bank reported a net loss as its loan and deposit portfolios shrank

Smartworks rents 815,000 sq. ft office space from Hiranandani Group

Smartworks has leased 815,000 sq ft from the Hiranandani Group's Eastbridge campus in Mumbai to build what it calls the world's largest managed workspace, set to open in late 2026

Delhivery moves over ₹19,000 crore in goods amid record festive surge

India's largest logistics firm handles over 107 million shipments in October as e-commerce orders soar during the 2025 festive season

KKR maps credit, infra push in India: Mkt of 'critical strategic priority'

India has moved to the center of KKR's Asia strategy as domestic consumption rises and policy remains supportive of private capital, Nuttall said

ED seizes ₹7,500 cr assets linked to Anil Ambani in money laundering probe

The ED has attached assets worth ₹7,500 crore linked to Anil Ambani, including his Mumbai home, a Delhi plot and other residential and commercial properties across major cities under the PMLA

Well placed to manage shift to ECL: Bank of Baroda chief Debadatta Chand

Debadatta Chand says NIMs likely to rise by Q4; ECL norms to trim CAR by 75 bps over five years; lender eyes 25-30% growth in gold loans

Dutch technology investor Prosus joins India's travel story with Ixigo bet

Global major open to investing in more travel cos in India