Page 13 - Company News

Microsoft launches Hyderabad data centre, takes India cloud regions to four

The Hyderabad facility strengthens Microsoft's AI-ready cloud infrastructure in India, expanding its presence to four cloud regions as it scales sovereign cloud capabilities

Nazara raises ₹733.5 cr through preferential issue to fund acquisitions

Incoming CEO Raymond Stauffer will invest about ₹583 crore as Nazara strengthens its balance sheet to fund acquisitions, AI-led game development and business expansion

Fisdom founders to exit Groww after wealth business integration

Subramanya SV and Anand Dalmia will exit Groww after completing a planned one-year transition following Fisdom's acquisition and integration into the fintech firm's wealth business

KKR pumps ₹13,188 cr into India expansion, acquires Medicover hospitals

KKR will acquire Medicover India's hospital business in a €1.2 billion deal, strengthening its healthcare portfolio and expanding its footprint across southern and western India

IndusInd Bank lays out 3-year roadmap, eyes industry outperformance by FY29

The lender plans to restore industry-aligned growth in FY27, accelerate expansion in FY28 and outperform peers by FY29 after strengthening governance and its balance sheet

International business to remain key driver for Emcure Pharma in FY27

Emcure expects overseas markets to drive growth in FY27 through product approvals, differentiated offerings and capacity expansion, while domestic business is seen improving

JLL Business Services opens 1.2 lakh sq ft GCC in Hyderabad, eyes expansion

JLL Business Services has launched a 120,000 sq ft global capability centre in Hyderabad's Financial District, with plans to expand the workforce to 1,600 over two years

Chalet Hotels adds two Athiva hotels to pipeline, enters Hyderabad market

The K Raheja Corp-backed hospitality firm adds 381 keys across Hyderabad and Pune under its Athiva brand, taking its total inventory, including the pipeline, close to 5,500 keys

Nazara to raise ₹733.5 crore through a preferential issue for expansion

Nazara plans to raise ₹733.5 crore via a preferential issue, with the funds earmarked for acquisitions, business expansion, intellectual property and AI-led game development

Surprised by scale, length of tax litigation in India: BMW Group India CFO

Carsten Lammers says prolonged tax and customs disputes create uncertainty for global businesses, urging faster resolution, simpler tax laws and consistent policy implementation

Standard Chartered expands GIFT City presence with wealth management push

The foreign lender expects to roll out wealth management services over the next few months, expanding its retail offerings from the international financial services centre

Kolte-Patil eyes ₹6,000 cr from 6 projects in Mumbai Metropolitan Region

In a regulatory filing, Pune-based Kolte-Patil Developers informed that it has added six society redevelopment projects across prime locations in the MMR

Honda Motor outsources new vehicle programme to Tata Tech to cut costs

The farming out of this crucial function marks a departure for Honda, which has typically kept development of core vehicle platforms largely in-house or within its established supplier network

Ola Electric opens sales, service network to dealer partners across India

This marks a structural shift in the company's go-to-market approach, five years after it launched its first electric scooters, Ola Electric said in a statement

Swiggy targets ₹10,000 cr core earnings by FY31 on Instamart growth

The food delivery platform expects strong expansion in Instamart and aims to nearly quadruple consolidated gross order value by fiscal 2031

HPCL buys 2 million bbl West African oil for September via tender

The state-run refiner has purchased Nigerian Forcados and Bonga crude for its Vizag refinery, according to trade sources

Kolte-Patil Developers announces 6 MMR projects worth ₹6,000 crore GDV

The Blackstone-backed developer plans to launch the projects across Mumbai and Navi Mumbai over the next six to 12 months, subject to regulatory approvals

Bajaj General Insurance ties up with Swiss Re for commercial partnership

Partnership will use Swiss Re's international platform to offer structured risk solutions to Indian companies

Medicover to sell India hospital business to KKR for $1.39 billion

The Swedish healthcare provider will sell its India hospital operations to KKR-managed funds as it sharpens its focus on key European markets

Vedanta Aluminium raises ₹13,500 crore loan after group's demerger

The loan tenors range between 6-1/2 years to 7 years with the proceeds to be used to refinance an existing debt that Vedanta Aluminium inherited from the previously integrated company structure