Page 127 - Company News

Infibeam Avenues gets IFSCA's in-principle nod for payment services at GIFT

The approval enables IA Fintech, a subsidiary of IAL, to provide a wide range of digital payment and cross-border financial services for enterprises within GIFT-IFSC and international markets

$300 mn dividend from Russian assets stuck in banks: Oil India chairman

The Indian state-run explorer, along with Indian Oil Corp and Bharat PetroResources, holds a 23.9% participating interest in JSC Vankorneft and a 29.9% stake in Tass Yuryakh Neftegazodobycha

Mercedes-Benz India, Zoho tie up for decentralised dealer management system

The Dealer Management System (DMS) -- SKYLine', will digitise the complete service lifecycle -- from booking and digital check-in to skill-based technician assignment and final delivery

HPCL issues rare fuel import tenders after refinery disruption in Mumbai

Chairman Vikas Kaushal said on Tuesday HPCL had closed its gasoline-producing continuous catalytic reformer during the processing of contaminated oil that it had sourced from Hindustan Oil Exploration

Signature Global raises ₹875 cr from IFC to fund new housing projects

Gurugram-based Signature Global, one of the leading real estate developers in the country, also exuded confidence of achieving the sales bookings target of Rs 12,500 crore for this fiscal

PNB Housing Finance to announce new MD & CEO soon, growth stays steady

Even as PNB Housing Finance readies to appoint a new MD & CEO, the lender reports steady growth in Q2 FY26 with improving asset quality and rising disbursements

CIL intensifies critical mineral push with fresh bids, global focus

Coal India Ltd is accelerating its diversification strategy by bidding for domestic critical mineral blocks and scouting global lithium, graphite, and rare earth assets

L&T's heavy engineering arm bags orders worth ₹1,000-₹2,500 crore

Larsen & Toubro's heavy engineering division has secured multiple significant orders from India and abroad, including contracts in the US, Mexico, Brazil, Saudi Arabia

India's clean energy push may speed up coal plant shutdowns by 2030

Coal still meets about two-thirds of India's electricity demand, and the government has announced plans to add nearly 90 gigawatts of additional capacity through 2032

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