Page 13 - Company News

Marico to buy majority stake in popcorn brand 4700BC from PVR Inox

All-cash deal to be worth ₹226.8 crore

With GenAI, billing models more outcome-based: TP India head Maneesh Daga

Teleperformance India says AI is driving a shift from low-end bpo work to outcome-based, higher-value services, reshaping billing models, productivity and hiring strategies

Waaree Renewable to buy 55% in Associated Power Structures for ₹1,225 crore

In September last year, Waaree Energies, the holding company of WRTL, acquired a 64 per cent stake in transformer company Kotsons through a primary capital infusion of Rs 192 crore

HPCL bets big on renewables and biofuels to meet 2040 net-zero target

HPCL's capex spending includes 15% for gas projects, 8% for renewables, 4 per cent for biofuels, 3% for electric vehicle (EV) or alternate fuels and 6% for net zero projects

ToneTag bets sound waves will power next generation of digital payments

Bengaluru-based ToneTag processes over $3 billion a month using sound wave technology, enabling secure, cardless payments in India and emerging markets while expanding globally

Pine Labs partners with UAE-based Wio Bank for tech infrastructure

Apart from the UAE, Pine Labs currently offers Credit+ in India, Sri Lanka, the Middle East, Africa and Southeast Asia

India-EU FTA duty cuts could boost luxury car market, says BMW India

The domestic luxury car segment accounts for just 1 per cent of the overall passenger vehicle segment

PropEquity teams up with Cambridge to set up real estate school in India

In a statement on Monday, P E Analytics said the partnership with the Department of Land Economy at University of Cambridge would facilitate establishment of a real estate school in India

Boeing says strong demand for Dreamliner in India, expects more orders

Speaking on tariff-related issues between India and the US, Gupte said both countries share a common goal of building up India's aerospace manufacturing ecosystem

PVR Inox sells premium snack brand 4700BC to Marico for ₹226.8 crore

PVR Inox is monetising its non-core assets as ongoing strategic review by the leading cinema exhibitor to strengthen the balance sheet and reallocating resources towards its core business

Sun Pharma, Cipla recall products in US over manufacturing issues: USFDA

The US Food and Drug Administration (USFDA) noted that the company is also recalling certain batches of a medication to treat acne vulgaris

Too early to say small car demand will sustain GST cuts: Ceat MD & CEO

In 2025, SUVs continued strong traction going up to 55.8 per cent of total PVs sold in India from 53.8 per cent in 2024, even as small cars showed signs of recovery in GST 2.0 era

Airbus CEO warns of new risks after major trade, logistical damage

Airbus CEO Guillaume Faury said multiple trade pressures had already 'caused significant collateral damage, logistically and financially'

ECL urges staff to boost coal output to meet annual production targets

Cumulative coal offtake during the April-December period stood at 33.666 million tonnes, helping ensure continuity of supplies and revenue flow

Embassy Developments pre-sales to jump 2.5-fold to ₹5,000 crore

Embassy Developments clocked sales of ₹2,031 crore last fiscal as against ₹1,838 crore in 2023-24

LogiMAT India to boost 15% of Indo-german logistics, investment growth

Bilateral trade between India, Germany has crossed the $ 50 bn milestone in 2024-25, underscoring the countries' deepening partnership in logistics, technology, and investment, a statement said

Adani Group, Embraer to set up commercial aircraft assembly line in India

India is one of the world's fastest growing civil aviation markets and air traffic demand is rising, with airlines expanding their fleets and new airports coming up

Chennai Petroleum Corp reports ₹1,002 cr Q3 profit on strong margins

The city-headquartered company had posted a net profit of ₹20.78 crore in the corresponding quarter of the previous financial year

Nhai plans to reduce its debt to below ₹2 trillion by March 2026

NHAI's debt liability had peaked at ₹3.5 trillion in 2021-22. As of December 31, 2025, the debt stands at ₹2,35,947 crore

DCCDL Q3 rent income up 18% on high demand for office, retail spaces

DLF Cyber City Developers Ltd's rental income rose to Rs 1,412 crore in the December quarter, driven by strong demand for premium office and retail spaces