Page 129 - Company News

SBI plans to hire 3,500 officers in next 5 months to drive business growth

The bank has recruited 505 Probationary Officers (POs) in June, and the process to fill a similar number of vacancies is on

Major US, global insurers, not LIC, led Adani's recent $10 bn investments

In June 2025, a month after $570 million (Rs 5,000 crore) investment by LIC in Adani Ports & SEZ, US-based Athene Insurance led a Rs 6,650 crore ($750 million) debt investment

AlchoBev expects up to 20% growth in Q3 riding on bullish festive sales

This festive season, the industry has witnessed higher growth in the premium category, as well as in smaller tier II & III markets, alongside the developed markets

H-1B visa fee hike won't hurt now but may alter future plans: Tata Tech CEO

Harris was responding to a query on the implications of the hike in the annual H-1B visa fees to USD 100,000 announced in September by Trump

Vedanta raises $500 mn via bond issuance to repay near-term obligations

With this, the Group now has no material maturities until FY27, ensuring a well-balanced liability structure

Reliance investments in AI infra may top $12-15 bn: Morgan Stanley

Ambani had at the company's annual shareholder meeting in August announced a major push into AI through a new subsidiary and strategic partnerships

JSW Energy looks to operationalise Pune's 5 GWh battery assembly unit in Q3

The company registered a 59 per cent year-on-year rise in total revenues to Rs 5,361 crore in the July-September period

Ola Electric gets board nod to raise ₹1,500 crore through securities

The EV maker said its board has approved raising up to Rs 1,500 crore through shares or convertible securities as part of efforts to strengthen its financial position

Ashiana Housing eyes ₹350 cr revenue from housing project in Jamshedpur

The Company has launched a housing project 'Ashiana Amaya' at Dobo (New Jamshedpur) to expand business amid strong housing demand.

NCC bags ₹6,828 crore order from Coal India arm to extract, transport coal

In a regulatory filing, the company said it has received a letter of acceptance dated October 24 from Central Coalfields Ltd (CCL) regarding this

Made investments in Adani firms independently after due diligence, says LIC

India's largest insurer has, over the years, made investment decisions across companies based on fundamentals and detailed due diligence

Reliance, Meta announce AI joint venture in India, to invest ₹855 crore

Reliance Intelligence will own 70 per cent and Facebook 30 per cent in the new AI venture, with both firms together investing about ₹855 crore to develop and expand enterprise AI services in India

Foxconn Hyderabad ramps up AirPods production, eyes 200,000 units monthly

Foxconn's Hyderabad plant will double AirPods output to 200,000 units a month, hire up to 5,000 staff, and invest ₹4,800 crore to meet growing global demand

Google inks major 617,000 sq ft office lease in Gurugram's Atrium Place

Google has leased 617,000 sq ft at Gurugram's Atrium Place, marking one of the biggest office space deals of 2025, as it expands operations across India

Blackstone to invest ₹6,200 crore for 9.99% stake in Federal Bank

The Indian banking sector has seen a flurry of foreign investors investing in the sector of late. Last week, Emirates NBD announced that it will invest $3 billion for a 60% stake in RBL Bank

Warner Bros heads for sale as Hollywood fears end of iconic studio

Warner Bros. has been sold and resold over the decades. AT&T gained control in 2018 as part of its $85.4 billion purchase of Time Warner. Discovery, a cable television company, took over in 2022

IPO signals strong commitment from Norway parent, says Orkla India

This comes as the company's initial public offering is slated to open on 29 October to 31 October

ITC Hotels launches Epiq Collection, aims for 1,000 premium keys

Firm's Q2 net profit surges 74%; outlook for H2 upbeat

Jio Platforms may be valued at $148 billion by FY27: ICICI Securities

ICICI Securities optimistic about IPO-bound firm's strong free cash flow and potential deleveraging

RIL to adjust refinery operations after US sanctions Russian oil firms

Reliance also agreed to follow EU guidelines on imports of refined oil products into Europe amid widening sanctions on Russian crude trade