Page 123 - Company News

HAL, Russia's UAC sign MoU for production of civil aircraft SJ-100 in India

Hindustan Aeronautics Limited (HAL) and Russia's UAC have signed an MoU to produce SJ-100 passenger jets in India, marking the first full-scale civil aircraft manufacturing project in the country

Starlink leases office space in Mumbai as India satellite rollout nears

Starlink, Elon Musk's satellite internet venture, has leased office space in Mumbai's Chandivali, marking its first physical presence in India as it prepares to launch broadband services

Byju's challenges NCLT court's order over Aakash EGM rights issue

On October 17, 2025, the Bengaluru-based bench of the National Company Law Tribunal (NCLT) declined to grant any interim relief on the second plea filed by the insolvency-bound edtech firm Byju's

Hexaware dismisses Natsoft's patent lawsuit, calls claims baseless

Hexaware says Natsoft's patent infringement allegations are without merit and asserts confidence in prevailing as it defends its technology in US courts

Amazon crosses $20 billion ecommerce exports target from India in 10 years

The ecom giant targets exports worth $80 billion from the country by 2030

Supreme Court allows Centre to reconsider Vodafone Idea's AGR dues issue

SC says offering relief is within Union government's policy domain

Harman invests ₹345 crore to expand Pune plant for connected vehicles

The Samsung-owned firm to ramp up production capacity by 50%, adding new SMT lines and next-gen telematics systems for global and Indian automotive clients

Toyota Motor posts record first-half as US offsets Japan and China

The world's biggest carmaker has managed to achieve overall growth, despite volatility in China and trade tensions brought about by President Trump's tariffs on cars and parts imported to the US

LTIMindtree wins $100 million deal from US-based chemicals company

The multi-year contract strengthens LTIMindtree's large-deal momentum as IT firms focus on cost optimisation and efficiency-led growth in a cautious spending climate

Radisson Hotel Group expands to 200 hotels in India, eyes 500 by 2030

The hospitality major strengthens its India presence with 59 new signings in 18 months, aiming to open 500 hotels by 2030 across business and leisure destinations

JK Tyre & Industries Q2 profit jumps 64% on rural demand, GST boost

JK Tyre continues to supply the US from its Mexico base while awaiting outcomes from ongoing trade negotiations

Tata Consumer distributors told to halt targets over unresolved issues

AICPDF urges distributors to stop pursuing company sales targets as grievances over working capital, damages, and trade practices remain unaddressed

Indian Oil reports ₹7,817 cr net profit in Q2FY26, revenue up 3.9%

In Q2FY25, IOCL recorded a net loss of ₹169.58 crore on the back of a drop in average gross refining margins (GRMs)-the revenue refiners accrue from transforming each barrel of crude oil into refined

JK Tyre Q2 results: Net profit up 62% at ₹227 crore on strong revenue

Total expenses in the quarter were higher at Rs 3,714.05 crore as compared to Rs 3,433.55 crore in the same period last fiscal, the company said

VIL says keen to work with DoT to protect 200 mn users after SC AGR order

This is an impetus to the Digital India vision and ambition of the Prime Minister, the telco said

LTIMindtree wins $100 mn deal from US chemicals and polymers firm

The multi-year contract strengthens LTIMindtree's large deal momentum as it delivers AI and automation-led IT transformation for a US-based global manufacturer

Rashmi Group to invest ₹10,000 cr in steel, power plant in West Bengal

The Kolkata-based group to set up a 2.8 MTPA steel plant and 400 MW captive power facility in Purulia, with state-backed fast-track clearances under ultra mega status

PRISM's SUNDAY Hotel enters wildlife tourism, plans 10 resorts in India

The hospitality brand's first property near Jim Corbett opens with 50 rooms, as it eyes expansion across Ranthambore, Bandhavgarh, Kanha, and southern destinations

LTIMindtree inks $100 mn multi-year deal with US-based chemicals major

The partnership aims to enhance operational efficiency using artificial intelligence, automation, and process optimisation

Shriram Properties to develop ₹600 cr worth housing project in Bengaluru

Shriram Properties Ltd, one of the leading real estate developers in the country, has a significant presence in Bengaluru, Chennai, Pune and Kolkata