Page 150 - Company News

ED arrests Reliance Power CFO in ₹68 crore fake bank guarantee case

The ED case involves a ₹68.2 crore bank guarantee submitted to SECI by Reliance NU BESS, a Reliance Power subsidiary, which was later found to be fake

Sweet, sleek, sustainable: India Inc's Diwali gifts get thoughtful

From sweet offerings such as biscoff Mathura peda or medjoul dates to utilitarian choices like handcrafted brass articles or multipurpose travel kits, this year's hampers are unconventional

Philips to expand male grooming, mother and child care range in India

Philips India, which recently launched the rechargeable intimate skin-protect grooming device OneBlade targeting Gen Z consumers, noted that premium products are rapidly gaining traction

Telecom infra maker Prose Technologies expects 15-20% growth in 2026

Fakhri noted that Prose Technologies is also aiming to serve neighbouring markets from its India base, with a focus on Southeast Asia and West Asia

Prestige Estates Projects launches 620 homes worth ₹2,200 cr in Ghaziabad

Earlier in April, the realty firm entered the Delhi-NCR market with the 62.5-acre The Prestige City, Indirapuram

Moglix adopts supply-chain hedging as India eyes chip self-reliance

B2B platform Moglix is securing global suppliers for critical components as it aligns with India's expanding semiconductor and electronics ambitions

ONGC trails Zomato in mcap despite assets worth over one-third its value

ONGC was India's most valuable company with a market capitalisation of ₹2.44 trillion in 2012, ahead of IT giant TCS and energy major Reliance Industries

Lodha Developers buys 1 land parcel in Q2 to build homes worth ₹2,300 cr

With the acquisition of this land parcel, Lodha Developers has achieved the current fiscal target of acquiring multiple land parcels

ACME Group plans ₹5,000 cr investment to set up 1.2 MTPA DRI facility

ACME Group is currently in the process of setting up a green hydrogen facility in Odisha and is already in advanced stages of constructing another green hydrogen facility in Oman

SBI to enhance gender diversity, increase female workforce to 30% by 2030

SBI has a total staff strength of more than 2.4 lakh, one of the highest in any organisation in the country

Tata Motors, Maruti see retail sales market share growth in September

Hyundai Motor India and Toyota Kirloskar Motor on the other hand saw a year-on-year dip in their respective market share last month

Dr Reddy's, Zydus recall products in US over manufacturing issues: USFDA

The USFDA stated that US-based arm of Zydus Lifesciences is recalling over 1,500 boxes of an antiviral medication used primarily to treat chronic hepatitis B virus

Mahindra Lifespace buys 13.46-acre Pune land for ₹3,500 cr housing project

Mahindra Lifespace's development footprint spans 49.26 million square feet (saleable area) of completed, ongoing and forthcoming residential projects across seven Indian cities

IndiGo to start direct flights from Delhi to China's Guangzhou from Nov 10

The New Delhi-Guangzhou route follows IndiGo's earlier announcement of daily flights between Kolkata and Guangzhou, starting October 26

AstraZeneca to strike landmark drug price deal with Trump administration

The deal is expected to be announced at the White House on Friday, said the people, who spoke on condition of anonymity because the plans are not yet public

T T Jagannathan, the kitchen mogul and man behind TTK Prestige, dies at 77

Jagannathan was a gold medalist from IIT Chennai and held a PhD in operations research from Cornell University, USA

Uber switches to subscription-based model to retain drivers, navigate GST

The move aligns Uber with rivals Ola and Rapido amid GST ambiguity and driver pushback against commissions, marking a major shift in India's ride-hailing model

India must stop allowing others to define its identity, says Adani

Speaking at Whistling Woods International, Adani emphasised that India must stop allowing foreign voices to define its identity

Tata Sons IPO a moral and social imperative, says Shapoorji Pallonji group

Apart from the SP Group, the Tata Trusts own 66 per cent of Tata Sons and hold substantial voting power over board decisions. While some trustees reportedly favour a listing, others are opposed.

Show of calm at Tata Trusts board meeting amid heightened tension

Trustees focus on philanthropic initiatives as government urges both factions to settle differences amid tensions over Tata Sons' board and governance