Page 156 - Company News

NCLT once again postpones Vedanta demerger hearing to 29 October

The counsel representing the ministry had raised objections to the demerger seeking details on the RJ block, and sought clarifications on disclosures

India will be the factory of the future, says Dassault Systemes CEO

Pascal Daloz says India's innovation, digital capabilities, and engineering talent will make it central to the global AI-driven industrial transformation

Electric PV sales more than double in September; Tata Motors leads

New entrant Tesla also retailed 64 vehicles in September, data from the Federation of Automobile Dealers Associations (Fada) showed

JSW MG aims to secure top spot in India's luxury EV market by 2026

Kolkata, which accounts for about two per cent of India's luxury car market, is emerging as a key growth region for MG, said Aryaman Thakker, Group Landmark director and dealer principal of MG Select

Lupin to invest $250 mn in new US facility for critical respiratory drugs

The Florida-based plant would produce products like albuterol inhalers for children with asthma, the company said

GCPL warns GST changes may impact Q2 profitability, EBITDA expected to fall

The GST rate reductions have resulted in some short-term adjustments across trade channels, as distributors and retailers focused on liquidating existing inventories, said GCPL in quarterly updates

Jio rolls out foundational course on AI for students and beginners

Powered by JioPC, and in collaboration with the Jio Institute, the four-week programme was announced on the inaugural day of India Mobile Congress 2025

Canara HSBC Life Insurance public issue to raise nearly ₹2,500 crore

The life insurer's Rs 2,500-cr IPO is an offer for sale by existing shareholders, with CEO Anuj Mathur saying no fresh capital is needed for expansion

Excited, focused on giving secure experience: Starlink exec on India plans

Urdhwareshe praised extensive government efforts, citing coordination across the Ministry of Communications, TRAI, DOS, InSpace, and DPIIT

PNB to allocate 20% of FY26 spend to boost IT, digital infra: CEO Chandra

Last financial year, almost 62-63 per cent of the capital expenditure and 19 to 20 per cent of the revenue expenditure went towards IT and digital infrastructure

Aditya Birla Capital launches suite of GenAI tools on D2C platform

The AI-powered suite-Sales Assist, Service Assist, Audit Assist, and Marketing Assist-aims to drive intelligent, hyper-personalised customer experiences across platforms

Balaji Telefilms focuses on strengthening Kutingg after ALTT platform ban

The company plans over 200 micro dramas and long-format binge shows on its new OTT platform Kutingg as it pivots to family-friendly digital content after ALTT's suspension

Daikin to invest ₹1,000 cr in Haryana, Kubota to infuse ₹2,000 cr

During the meeting, Kubota Company announced an investment of Rs 2,000 crore in Haryana in collaboration with Escorts, the Haryana government statement said

Jio Credit to raise ₹500 crore via AAA-rated NCDs; maturity in Oct 2027

The NCDs, offering a 7.05% yield and maturing in October 2027, come amid a likely rebound in corporate bond issuance following a lull in the second quarter

No fake faces: Tinder rolls out face check selfie verification in India

With the new feature, new Tinder users will now be required to complete a video selfie as part of their account setup, which will be compared with their profile photos to confirm that the user is real

AI-first FMCG startup Meolaa raises $6 mn in pre-Series A funding

The Bengaluru-based startup plans to deploy funds into AI infrastructure, brand expansion and supply chain agility to compress FMCG product cycles from years to months

Maruti to add 500 new service workshops, expanding network across India

Maruti Suzuki India on Wednesday announced the setting up of its 5,000th Arena Service touchpoint in Coimbatore

Tata Housing sells flats worth over ₹1,000 cr in new project at Bengaluru

Since its launch, Varnam Phase I, spread over 20-acre, has recorded sales of 377 units out of 582 apartments and 48 townhouses and row houses

Skoda Auto India plans electric car launch by 2027-28 with local suppliers

The company plans to enter the fast-growing Indian electric car market by 2027-28, according to the official. Skoda has a global portfolio of electric cars positioned in the premium segment

Saatvik Green Energy bags solar modules supply orders worth over ₹700 cr

The parent firm, Saatvik Green Energy Ltd, received orders worth Rs 488 crore, while its material subsidiary, Saatvik Solar Industries, received contracts worth Rs 219.62 crore