Page 116 - Company News

SP Group unit eyes January-end completion for 2-year mega bond sale

The real estate and civil engineering company is preparing to raise around ₹25,000 crore ($2.84 billion) through a two-year zero-coupon bond issue

Sanmar Group inks long-term feedstock supply pacts with UAE's TA'ZIZ

Under the long-term supply arrangements, TA'ZIZ will provide The Sanmar Group with over 350,000 tonnes per annum of petrochemical feedstocks

ArcelorMittal reports 31.35% rise in net income to $377 million in Q3

The Luxembourg-based company had posted a net income of $ 287 million in the year-ago period

Reliance trying to sell some cargoes of Middle Eastern oil in rare offer

The company, controlled by billionaire Mukesh Ambani, has been trying to sell grades including Murban and Upper Zakum on the spot market

ED summons Anil Ambani for questioning on Nov 14 in money laundering case

The Enforcement Directorate has summoned Reliance Group chairman Anil Ambani again for questioning on November 14, days after attaching assets worth over ₹7,500 crore in a money laundering probe

Vedanta's power business secures 500 MW power purchase deal from Tamil Nadu

Meenakshi Energy will supply 300 MW and VLCTPP will supply 200 MW of power to Tamil Nadu under a five-year contract

PB Healthcare acquires Fitterfly to expand into preventive digital care

The company also announced the onboarding of senior healthcare leaders to bolster its management team

RCB on Sale: Why Diageo is exiting Bengaluru-based franchise after IPL win

Months after RCB's first IPL crown, Diageo plans to sell both the men's and women's teams. Strategic reasons, valuation, and timeline explained.

Brigade Enterprises Q2 sales bookings rise 12% to ₹2,034 cr on high demand

Brigade Group is one of India's leading property developers and has developed many projects in Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City

Lenskart opens smart-glasses platform to developers in AI wearables push

The eyewear firm aims to build an AI-driven wearable ecosystem with its 'B by Lenskart' smart-glasses platform, inviting Indian developers to innovate

M&M to sell entire 3.45% stake in RBL Bank via ₹682-cr block deal

The automaker's full exit from RBL Bank via a Rs 682 crore block deal brings a 64 per cent return on its year-old investment

Grasim Q2 profit up 76% on strong building materials, chemicals performance

Driven by robust demand in cement and chemicals and expansion in paints and B2B e-commerce, Grasim Industries' Q2FY26 profit rose sharply to ₹553 crore on ₹39,900 crore in revenue

Brookfield Reit seals India's record office real estate deal for ₹13,125 cr

The transaction will expand Brookfield India REIT's operating area by 31 per cent and its GAV by 34 per cent

Niva Bupa may take hit of 50-60 bps on combined ratio after GST, ITC change

Niva Bupa expects a modest 50-60 basis point hit from GST-related ITC loss but aims to offset it through higher policy sales, revised distributor commissions, and cost efficiencies

Microsoft 365 Copilot to offer in-country data processing in India

India among first four markets to get local data processing for Microsoft 365 Copilot by end-2025, aimed at boosting trust and regulatory compliance

Alto tops Maruti Suzuki charts as highest-selling car at 4.7 mn units

Maruti Suzuki crosses 30 million domestic car sales as Alto leads with 4.7 million units, followed by WagonR and Swift among all-time bestsellers

Rakshit Hargave named CEO and executive director of Britannia Industries

Former Birla Opus CEO Rakshit Hargave to take charge of Britannia Industries from December 15, bringing decades of global consumer sector experience

United Spirits begins strategic review of Royal Challengers Sports

Move part of Diageo-backed firm's portfolio review as RCB franchise remains non-core; review process expected to conclude by March 2026

Chalet Hotels sees 'rapid growth' once new room occupancies stabilise

Business travel, MICE, and wedding season expected to drive Chalet Hotels' occupancy and RevPAR growth in H2 FY26

Transguard Group partners with myTVS to boost UAE automotive, aviation

The collaboration is designed to introduce innovative solutions, drive industry-wide efficiencies, and competitiveness across these key sectors, the company said