Page 157 - Company News

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

BPCL to complete Andhra refinery feasibility report by December 2025

Bharat Petroleum will complete the feasibility report for its Andhra Pradesh greenfield refinery by December 2025 before beginning talks with foreign partners for collaboration

Bira in talks to raise $132 mn in record fundraising; GEM among suitors

Bira is in talks to raise $50 million via the equity route from alternative investment group GEM, and another $82 million via structured credit

TVS ILP invests Rs 250 crore in grade-A logistics park in Visakhapatnam

TVS Industrial & Logistics Parks is developing a Rs 250-crore grade-A industrial park on 17 acres in Visakhapatnam, leveraging the city's port connectivity and trade potential

TCS cancels Q2 presser as date overlaps with Ratan Tata's death anniversary

In an exchange filing on September 23, the company stated that it would announce its Q2FY26 results on October 9

Axis Bank sets its sights on acquisition financing, awaits RBI guidelines

According to a Bank of Baroda report, the RBI's decision has the potential to open the doors to an industry which market sources value at around $40 billion or ₹3.5 trillion

Titan expects good Q3 show in jewellery business despite high base

Ajoy Chawla said that he hopes buyer growth will be better this festive season, coupled with the wedding season that follows

Noel, Chandra meet Shah, Sitharaman amid rising tension at Tata Trusts

It is learnt that the govt decided to intervene and called an urgent meeting to help resolve a crisis at the leading business house of the country and deliberate on ''misgovernance'' at Tata Trusts

Urban Company reports first consolidated net profit of ₹240 crore for FY25

Urban Company posted a net loss of ₹92.77 crore in the financial year 2024

Black Box eyes $700 mn additional revenues via acquisitions in 3-4 years

The Essar group company is setting up a dedicated mergers and acquisitions (M&A) team to identify targets so that it can expand digital infrastructure capabilities and geographic reach

Nvidia to keep sponsoring H-1B visas despite Trump's new $100K fee: Report

Trump's order bars new H-1B recipients from entering the United States unless the employer sponsoring their visa has made an additional $100,000 payment

CBDC will transform cross-border payments, says Bank of Baroda MD & CEO

"BoB is currently anchoring CBDC initiatives in collaboration with the Reserve Bank of India," he said. RBI is currently conducting pilot projects on CBDC

Supreme Court restores GERC order in Gujarat Urja-Essar Power dispute

EPL was found to have diverted a greater share of power to ESL, reducing GUVNL's allocation.

Amit Shah, Sitharaman meet Tata Group trustees amid boardroom dispute

Tata Group trustees, including Noel Tata and N Chandrasekaran, met Home Minister Amit Shah and Finance Minister Nirmala Sitharaman amid internal disputes over board appointments at Tata Sons

Eli Lilly's Mounjaro logs ₹80 crore in September, India's No. 2 drug

The highest-selling drug for the month was GlaxoSmithKline's Augmentin, an antibiotic, garnering revenues of ₹85 crore

Bajaj Finserv rebrands insurance units following Allianz SE acquisition

Earlier this year, Bajaj Finserv signed share purchase agreements (SPAs) with Allianz SE to acquire a 26 per cent stake in the two insurance joint ventures for ₹24,180 crore.

Raymond Group to invest ₹1,000 crore in aerospace, auto units in Andhra

The projects in Andhra Pradesh's Anantapur district will create 5,400 jobs and receive Rs 695 crore in incentives as Raymond expands its aerospace and auto footprint