Page 151 - Company News

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

Oyo parent Prism announces leadership realignment for global growth

Ankit Tandon elevated as COO and CEO-Europe; leadership changes align with PRISM's IPO plans and premiumisation strategy across global markets

Festival boost: Samsung India premium smartphones log record sales

The brand reports record smartphone and TV sales during Navratri and Dussehra, driven by GST rate cuts, festive offers, and rising demand for premium AI devices

BMW urges faster, clearer rollout of FTA duty cuts for car imports

BMW India CEO says gradual five-year import duty cuts under new FTAs create buyer hesitation and urges government to announce year-wise rates instead

Tata Power ropes in 100 women as solar energy ambassadors in villages

The initiative, launched recently from the Pooth Khurd Village, is in alignment with the central government's PM Surya Ghar: Muft Bijli Yojana

Cholamandalam Investment to raise ₹1,000 crore via 5-year secured bonds

The company will issue secured NCDs maturing in October 2030 with a 7.58% coupon, as easing yields are expected to revive corporate bond market activity

Premji Invest-backed People Housing Finance eyes ₹12,000-crore loan book

The affordable housing financier plans to consolidate Centrum and Capital Housing, expand across Tier-II and III cities, and quadruple its portfolio over five years

UK watchdog flags Google's dominance in search ads under new digital rules

The Competition and Markets Authority said, investigation found that the Google has strategic market status because it has substantial and entrenched market power in general search and search ads

Truhome Finance secures ₹417 cr fresh capital infusion from Warburg Pincus

With this capital infusion, Truhome's net worth now exceeds ₹4,000 crore, the company said

Andhra allots 6,000 acres to BPCL for ₹96,000 cr refinery near port

The state government also announced in-principle approval of total financial incentives to BPCL, up to 75 per cent of the capital expenditure over a period of 20 years from the commencement of project

ENGIE secures 100 MW solar project in Barmer from SECI in Rajasthan

ENGIE's current India portfolio stands at 2.5 GW across 23 renewable energy projects in seven states

Vascon Engineers wins ₹161 cr redevelopment project in Mumbai's Mahalaxmi

Vascon Engineers in a statement said the project is scheduled for completion within 36 months from the commencement of work

Tide to invest ₹6,000 crore in India, create 800 new jobs over five years

UK fintech Tide will invest 500 million euros (₹6,000 crore) in India over five years from 2026, creating 800 jobs as it deepens its commitment to the country's fast-growing SME sector

TCS to create 5,000 jobs in UK, launches AI Experience Zone in London

TCS has been a leading technology partner to UK enterprises for over 50 years, driving digital transformation and supporting talent development

Oyo parent PRISM rejigs top leadership, appoints Ankit Tandon as global COO

In his expanded role, Ankit will oversee business performance and operations for PRISM worldwide, including brands such as Belvilla, DanCenter, Sunday Hotels, and others, according to Oyo

Kolte-Patil acquires 7.5-acre land parcel with GDV of ₹1,400 cr in Pune

The land parcel is surrounded by premium localities such as Bavdhan and Kothrud, adjacent to the Mumbai-Pune Expressway and close to the Shivaji Nagar railway station

Sona Comstar partners with Germany's NEURA Robotics to develop humanoids

Sona Comstar says intelligent automation is driving rapid growth in industrial and humanoid robots, transforming global manufacturing and logistics industries

Brightcom teams up with US' Project DYNAMO to use AI for disaster response

Project DYNAMO is known for high-risk evacuations from conflict zones such as Afghanistan, Ukraine, and Israel, will contribute its operational expertise and field-tested methods

Travel platform ixigo to offload 10.1% stake to Prosus for ₹1,296 crore

Ixigo board approves issuance of 4.63 crore equity shares worth ₹1,295.56 crore to MIH Investments, representing 10.1% post-issue stake via preferential private placement

Jubilant Pharmova arm to invest $300 mn in US to double injectable capacity

The company has launched its new sterile fill and finish line -- the third at its Spokane manufacturing facility in Washington, US, set up at an investment of $132 million