Page 13 - Company News
Eternal eyes $20 bn in B2C NOV by FY28; $1 bn in adjusted Ebitda by FY29
Eternal is aiming to double its B2C net order value to $20 billion by FY28 and reach $1 billion in adjusted Ebitda by FY29, driven by growth across Blinkit, District and Zomato
 "Eternal eyes $20 bn in B2C NOV by FY28; $1 bn in adjusted Ebitda by FY29")
Siguler Guff invests $40 mn in restaurant franchise operator Trimex Foods
This strategic partnership represents Trimex's first institutional capital raise and seeks to help accelerate the company's pan-India expansion of its existing brand portfolio
 "Siguler Guff invests $40 mn in restaurant franchise operator Trimex Foods")
AWL flags 20% surge in oil-linked input costs amid West Asia conflict
The pressures reflect a broader industry trend, with peers such as bottled water maker Bisleri and Dove soapmaker Hindustan Unilever raising prices to counter higher conflict-linked input costs
 "AWL flags 20% surge in oil-linked input costs amid West Asia conflict")
Jio IPO may slip to second half of FY27 on geopolitical risks: Report
Earlier market rumors reported that the IPO could come as early as May, with Reliance looking to shed 2.5-3 per cent stake from its existing 67 per cent stake in Jio for close to $4 billion
 "Jio IPO may slip to second half of FY27 on geopolitical risks: Report")
Mahindra Lifespace pre-sales rise 21% to ₹3,405 cr in FY26 on strong demand
Its sales bookings or pre-sales stood at ₹2,804 crore in the 2024-25 fiscal
 "Mahindra Lifespace pre-sales rise 21% to ₹3,405 cr in FY26 on strong demand")
Anant Raj to enter Singapore data centre market with new subsidiary
The Delhi-based developer plans to set up a wholly owned subsidiary in Singapore to offer data centre and cloud services, marking its first overseas expansion amid rising demand
 "Anant Raj to enter Singapore data centre market with new subsidiary")
Japan's MUFG to foray into Indian real estate, expand forex derivatives
Japan's biggest bank is setting up a team which will start operations this financial year, Shashank Joshi, MUFG India's deputy chief executive officer said
 "Japan's MUFG to foray into Indian real estate, expand forex derivatives")
Sebi extends ring-fencing deadline for DTs; Peak XV exits MobiKwik
The transaction marks the firm's complete exit from the Gurugram-based fintech, where it was an early institutional investor
 "Sebi extends ring-fencing deadline for DTs; Peak XV exits MobiKwik")
Bandhan Bank's net profit zoomed 68% in Q4FY26 on fall in provisions
Lower provisions, easing stress in asset quality, and steady growth in non-interest income help drive a robust Q4 earnings performance for the bank
 "Bandhan Bank's net profit zoomed 68% in Q4FY26 on fall in provisions")
Airtel eyes $2 billion London IPO of mobile money unit, says report
The listing could value Airtel Money at as much as $10 billion, the people said, a valuation that would put it among the largest IPOs on a European exchange in recent years
 "Airtel eyes $2 billion London IPO of mobile money unit, says report")
IHH-Daiichi case: Tokyo court concludes hearing, ruling on September 10
The deal was held up in court amid Daiichi Sankyo's long-running dispute with the Singh brothers over its purchase of Ranbaxy Laboratories more than a decade ago
 "IHH-Daiichi case: Tokyo court concludes hearing, ruling on September 10")
Centricity WealthTech names Kartik Kini to lead strategy for Invictus unit
Firm bolsters push into high-net-worth segment with senior hire and expanded leadership team
 "Centricity WealthTech names Kartik Kini to lead strategy for Invictus unit")
Coal India shares rise over 3% after Q4 profit jumps 11.1% Y-o-Y
The stock ended at ₹466.95, up 3.10 per cent on the BSE. During the day, it jumped 4.63 per cent to ₹473.90
 "Coal India shares rise over 3% after Q4 profit jumps 11.1% Y-o-Y")
House of Hiranandani signs ₹3,000 crore redevelopment project in MMR
The project will include 380 homes for existing members, along with over 850 free-sale residences across about 7.6 lakh square feet of saleable carpet area
 "House of Hiranandani signs ₹3,000 crore redevelopment project in MMR")
OpenAI missed sales, user targets, fueling spending concerns: Report
Its ChatGPT chatbot also didn't hit the company's target of one billion weekly active users by the end of 2025, the newspaper said
 "OpenAI missed sales, user targets, fueling spending concerns: Report")
RBI action on Paytm Payments Bank: What it means for One97's strategy
RBI's revocation of Paytm Payments Bank licence raises questions on governance lapses and what it means for One97 Communications' ambition to build a full-stack financial services platform
 "RBI action on Paytm Payments Bank: What it means for One97's strategy")
Infosys tops LinkedIn India 2026 career growth list; Accenture second
The 10th edition of the annual list, which features 25 large companies, is dominated by technology powerhouses, global consulting firms, and financial giants
 "Infosys tops LinkedIn India 2026 career growth list; Accenture second")
CM Naidu lays foundation for $15 bn Google AI data centre in Andhra
According to the CM, the ₹1.35 lakh crore Google data centre investment will emerge as the pride of North Andhra region, and termed it as Asia's biggest such facility
 "CM Naidu lays foundation for $15 bn Google AI data centre in Andhra")
PhonePe crosses 50 million registered merchants across India ahead of IPO
PhonePe noted its expansion from offering QR code-based payment solutions to providing a full-stack suite of financial tools, including working capital loans, Point-of-Sale terminals, & SmartSpeakers
 "PhonePe crosses 50 million registered merchants across India ahead of IPO")
L&T Realty expands development portfolio with NCR land acquisition
Acquisition of ₹1,123 crore adds Gurugram to co portfolio amid expansion
 "L&T Realty expands development portfolio with NCR land acquisition")