Page 15 - Company News

HDFC Bank probe finds senior executives leaked secrets to outsiders

HDFC identified the executives during an internal investigation that began after some leaders grew concerned about the possibility of information being leaked

Carlsberg India prepares to file IPO papers this week, eyes $700 million

Carlsberg India, the country's second-largest brewer, is expected to begin investor roadshows next week and could launch the IPO as early as December

Dr Reddy's receives DCGI approval for esophageal cancer drug Zytorvi

The drug has been approved in combination with cisplatin and paclitaxel for the first-line treatment of adult patients with unresectable advanced, recurrent, or metastatic ESCC

L&T wins large orders for Central Secretariat, Amaravati office towers

The orders cover two Central Secretariat buildings in New Delhi and two 47-storey office towers in Amaravati, with the projects scheduled for completion in 24 months and 30 months, respectively

Kalpataru bags orders worth ₹2,349 crore, FY27 inflows cross ₹22,000 crore

The engineering and construction company secured fresh projects in power transmission and distribution, and buildings and factories, in India, according to a regulatory filing

Focus on safety paramount, says Match Group's Senior V-P Yoel Roth

Tinder, Hinge roll out India-specific safety features and biometric checks

BVG India focusing on long-term contracts with better margins: CMD

The company wants contracts that provide good returns on investment and greater visibility on revenue and margins, rather than chase growth through low-margin work

$800 million asset manager to shift 2 funds out of GIFT on tax issues

he fund manager cites uncertainty over tax deductions, compliance requirements and investor restrictions as reasons for relocating two funds to Abu Dhabi Global Market

India has set itself the task of being a leader in 6G: GSMA APAC head

GSMA pushes global adoption as countries begin testing and trialling 5G Advanced

OYO parent to nearly halve IPO fresh issue size to up to ₹3,350 crore

OYO parent PRISM is planning to nearly halve the size of the fresh issue in its proposed initial public offering (IPO) to up to Rs 3,350 crore from almost Rs 6,650 crore, sources said on Tuesday

Open to acquisition to build capabilities: Piramal Finance MD & CEO

Jairam Sridharan says urban and semi-urban markets will drive H2 growth as the lender takes a measured approach to wholesale lending

IL&FS crisis after 8 years: How India's biggest default reshaped regulation

With former finance secretary M Nagaraju taking charge at IL&FS, its resolution enters another phase, with recoveries slated to exceed commitments, even as the crisis has influenced insolvency reforms

Apple faces UK regulatory push to open iPhone contactless payment systems

UK watchdog proposes wider, cheaper access to iPhone contactless technology to boost competition among digital wallet providers

Jio is a technology company, not just a telco: Akash Ambani ahead of IPO

Jio is a technology company, not just a telco: Akash Ambani ahead of IPO

YES Bank sees no immediate need to raise capital after SC's AT1 verdict

The lender says its capital buffers, deferred tax assets and other options provide flexibility even as the reinstatement of Rs 8,415 crore in AT1 bonds may lower its CET1 ratio

Harish Bhat resigns as non-executive and non-independent director of Trent

Harish Bhat, who joined Trent's board in April 2014, has resigned effective October 17, citing growing professional and personal commitments in a letter to Chairman Noel Tata

Prestige Estates to launch ₹40K cr worth homes for sale in H2 of FY27

Realty firm Prestige Estates Projects Ltd will launch residential properties worth Rs 40,000 crore in the second half of this fiscal year, a 2.5 times jump from April-September period, as it looks to encash festive demand.

PepsiCo India expects steady festive snack sales driven by new launches

The company has recently strengthened its ready-to-eat offerings on e-commerce platforms to make festive snacking more convenient

Piramal Finance Q2FY27 results: Net profit zooms 67% to ₹545 crore

Piramal Finance reports a 67% year-on-year jump in Q2 net profit to ₹545 crore, driven by strong core income growth, higher assets under management and improved cost efficiency

Punjab & Sind Bank Q2 net profit surges 40% to ₹412 cr on improved income

Punjab & Sind Bank reports a 40% year-on-year rise in Q2 FY27 net profit to ₹412 crore, supported by higher interest income and improved asset quality