Page 141 - Company News

Axis Bank Q2 net falls 26% to ₹5,090 crore on one-time provision

Despite a profit decline due to standard asset provisions, Axis Bank's asset quality improved and loan growth remained steady in Q2FY26

US tech startup Anthropic unveils cheaper model to widen AI's appeal

Anthropic's annual revenue run rate - a calculation of annual revenue extrapolated from the current sales pace- is almost $7 billion, the spokesperson said

Gautam Adani unveils 'Two-Track Organisation' for AI-driven transformation

Speaking at the "Second Shantilal Adani Lecture Series" on Tuesday, Adani emphasised that "ambition without financial discipline is just theory"

CMA CGM Group to build six LNG-powered containerships at Cochin Shipyard

This strategic move makes the Group the first major foreign carrier to commission LNG vessels from an Indian shipyard, the company said

Bristol Myers Squibb launches heart medication Kopozgo in Indian market

Kopozgo is the first and only oral, selective cardiac myosin inhibitor approved in India for the treatment of adults with symptomatic obstructive hypertrophic cardiomyopathy (oHCM), the company said

Aditya Birla Group in the midst of the next phase of strategic move: Birla

Kumar Mangalam Birla said the group is tilting its portfolio towards scale, agility, and consumer-centric ventures while redefining India's luxury retail experience

HDFC Life Q2 profit up 3% YoY to Rs 447 crore as premium growth sustains

Net profit rises to Rs 447 crore; APE up 8.6% and VNB grows 7.6% even as GST exemption impacts margins and investment income

Airtel, IBM team up to offer enterprise-grade AI and hybrid cloud solutions

The partnership will allow Airtel Cloud customers to access IBM's AI and hybrid cloud offerings, targeting enterprises and regulated industries

TVS debuts in adventure touring with new Apache RTX priced at ₹1.99 lakh

The new 299 cc Apache RTX brings TVS's racing DNA to the adventure touring segment and targets both Indian and export markets.

US crypto base Coinbase invests in CoinDCX at $2.45 billion valuation

CoinDCX plans to expand in India and the Middle East using the fresh capital from Coinbase, which marks renewed global interest in Indian crypto startups.

Oberoi Realty's Q2 FY26 profit grows 29% to Rs 760 cr; dividend declared

Revenue surges 34.8% YoY to Rs 1,779 crore; company declares second interim dividend of Rs 2 per share for FY26

AI tops investment priority for Indian CEOs amid global uncertainty: KPMG

Technology integration, especially AI, is driving short-term decisions, with CEOs citing cyber risks, talent, and ESG alignment as key to future growth

Jindal Stainless invests $150 mn to double slag processing capacity

Jindal Stainless, which is India's largest stainless steel player, is in the process of ramping up its facilities to reach 4.2 million tonnes of annual melt capacity by FY27

TACC secures ₹1,230 cr SBI funding for Lithium-ion battery anode plant

TACC Ltd is a key player in the advanced materials sector, with a strong focus on synthetic graphite and next-generation carbon materials

Mobility platform Rapido enters hotel, bus, train, and flight booking space

Rapido partners with Goibibo, ConfirmTkt, and redBus to integrate travel bookings into its app, targeting 100 million new users from Tier-II and Tier-III citieS

Paytm brings entities under direct ownership to simplify structure

The move consolidates Paytm's offline and online merchant payments and brings insurance and lending arms under One97 Communications' direct control

Tarun Garg to take over as Hyundai India's MD & CEO from January 1

Garg will be the first Indian to lead the company since it started operations in 1996

PhysicsWallah partners with IDP to offer IELTS preparation tools, resources

Under the partnership, IDP will offer test prep tools, discounted resources, and dedicated IELTS Corners at PhysicsWallah campuses to support global education goals.

Swiggy introduces 'No Added Sugar' food category across 10 cities

Swiggy's new category offers over 150,000 items from 50,000 restaurants across 10 cities, following Zomato's recent 'Healthy Mode' rollout

PRISM-backed Sunday PropTech to acquire 12 hotels in FY26 expansion push

The OYO Assets firm aims to expand its premium and mid-premium portfolio, with acquisitions funded through a mix of debt and equity backed by InCred, Analah, and SoftBank