Page 12 - Company News

Suzlon secures 200 MW wind energy order from Ayana Renewable Power

A devco-led order is an integrated development model, where a renewable energy supplier provides end-to-end project execution from early-stage site development to complete construction

Samsung India begins layoffs as costs rise, nearly 100 affected: Report

Samsung India's job cuts span multiple levels, with director-level officials, team leads, branch managers and area managers among those affected

W Health Ventures closes second fund at ₹700 cr, eyes company incubation

Healthcare-focused VC fund plans to deploy seed capital exclusively through a company creation model, targeting eight to 10 startups over a four-year investment period

ER&D firms need new playbook: Nasscom Vice-Chairperson Kishor Patil

Indian ER&D companies need to focus more on products and outcome-based models as AI squeezes traditional revenue streams, says KPIT co-founder Kishor Patil

Bandhan Bank enters credit card business with four variants on Mastercard

The lender has launched Sparks, Ignite, Flare and Lumina, targeting customer segments ranging from Gen Z and emerging affluent customers to frequent travellers and premium consumers

Gaja Capital's next bet is India's AI stack, from Fractal to Sarvam AI

Chief executive officer and managing director Gopal Jain is backing firms from Fractal Analytics to Sarvam AI, calling artificial intelligence a 'five-layer cake'

PVR Inox finds no evidence of kickbacks in preliminary probe into claims

The cinema major said it engaged external third-party experts to conduct a preliminary assessment despite the anonymous allegations lacking specific and verifiable details

AB InBev India invests ₹200 crore in Neemrana brewery in Rajasthan

The Neemrana brewery commenced operations in July 2026 and will serve consumers across Rajasthan, Uttar Pradesh, Madhya Pradesh, Jharkhand and other key markets

Novartis India buys Minipress brands from Pfizer for ₹1,250 crore

The company's board approved the transaction on Monday, following which Novartis India executed an asset purchase agreement and trademark assignment deeds with Pfizer Inc and Pfizer Products Inc

Nalco ties up with UAE's EGA for aluminium smelter expansion in Odisha

The technology licensing agreement will enable Nalco to deploy EGA's DX+ Ultra smelting technology for its proposed 0.5 mtpa brownfield expansion in Odisha

Swiggy launches 24x7 customer helpline to report food safety concerns

The food delivery platform has also introduced a dedicated Food Safety channel within its in-app Help section, allowing customers to flag concerns over orders

No irrational valuation rush in deeptech, says Piper Serica Director

Many of the technologies now regarded as commonplace - from electricity to telephones and automobiles - started as breakthroughs at the cutting-edge of science and engineering

Asian Paints names Leo Puri chairman-designate, to take charge in 2027

Puri, whose board term runs until September 2031, will succeed R. Seshasayee

Blackstone among firms in fray to buy Fairfax stake in IIFL Finance

Blackstone is in talks with Fairfax and other shareholders to acquire the stake in IIFL Finance

RBL Bank to raise up to $1 bn from overseas investors through bond issuance

The board approved the establishment of a Euro Medium Term Note Programme (EMTN Programme) in accordance with Regulation S of the US Securities Act, 1933, subject to regulatory, statutory approvals

Swiggy launches 24x7 helpline, in-app channel to report food safety issues

The initiative comes amid increased regulatory scrutiny of food businesses, including restaurants, food delivery and quick-commerce platforms.

SC rejects Centre plea to revive ₹363 cr GST demand against Vodafone Idea

The Supreme Court dismissed the Centre's appeal against a Bombay High Court ruling that had quashed a ₹363 crore GST demand against Vodafone Idea over a merged entity

Hyundai Motor India targets 20% women in executive workforce by 2030

Women currently constitute more than 8 per cent of Hyundai Motor India Ltd's (HMIL) total executive workforce of over 4,000 employees, the company said in a statement

Air India's new CEO Gebremariam seeks staff support to minimise disruptions

Air India's incoming CEO and MD Tewolde Gebremariam has sought staff support to minimise disruptions, saying the airline's strong heritage and brand give it enormous potential to regain its position

Novartis India to acquire Pfizer's 'Minipress' trademark for ₹1,250 crore

The company has executed an asset purchase agreement and trademark assignment deeds with Pfizer Inc USA and Pfizer Products Inc USA