Page 16 - Company News

PVR INOX charts no-frills expansion into smaller towns with SMART Cinemas

The multiplex chain will use a franchise-owned, company-operated model to enter around 300 smaller towns, offering lower ticket prices and capital-efficient expansion

DLF confident of meeting ₹20K cr FY27 pre-sales target despite weak Q1

Developer says weak first-quarter bookings reflected deferred launches and expects projects in Gurugram, Mumbai and Goa to help achieve its FY27 sales target.

Aditya Birla Health bets on young adults to drive health insurance growth

ABHICL CEO said, "We see a significant opportunity in the 25-35 age segment. While they account for nearly 65% of the country's population, their share in health insurance is less than 15%."

Mumbai-based Mintoak acquires ICC Loyalty to deepen presence in West Asia

The acquisition gives the Mumbai-based fintech access to 34 UAE banks, expands its issuing-side capabilities and takes the combined business to over $30 million in annual revenue

Razorpay boosts AI push with senior hires from Microsoft, Salesforce, Cred

Executives will help build payment systems that can increasingly make decisions using artificial intelligence, says the company

Zydus Life gets USFDA nod for generic indocyanine green for injection

USFDA has granted final approval to Zydus Lifesciences' generic version of IC-Green, an imaging agent used in vascular, transplant and cancer surgeries.

SoftBank-backed OfBusiness exports double to over ₹2,500 crore in FY26

Footprint across 70 global markets as buyers diversify sourcing away from China, even as India's FTA deals boost export potential

Dabur seeks legal advice on future course after FSSAI prohibitory order

The FMCG major said it is engaging with the food regulator after it barred the sale of products carrying '100 per cent' claims and sought an action taken report.

VC firm Sorin Investments leads ₹30 crore funding round in AI firm Kily

The agentic AI company will use the capital to strengthen its product, expand go-to-market efforts and accelerate adoption among large consumer brands

AI4Bharat, Josh Talks launch Voice of India AI evaluation platform

The independent multimodal platform will assess AI systems across Indian languages, accents, dialects and real-world deployment conditions using a three-stage framework

Corporate Laws Amendment Bill, 2026: What changes for India Inc, investors

From easier mergers and higher thresholds for small companies to stronger audit oversight and digital governance, here's what the proposed corporate law changes mean

Adani Infra buys 1.03% stake in Adani Green Energy for ₹2,380 crore

Adani Infra (India) Ltd, a promoter group entity of Adani Green Energy Ltd, has bought 1.03 per cent stake in the company for Rs 2,380 crore, according to block deal data on the NSE.

L&T secures ultra-mega ADNOC Offshore order worth over ₹15,000 crore

The company's offshore hydrocarbon arm will lead a consortium executing the project to develop and upgrade multiple facilities in West Asia

Tata Group's battery unit turns to own tech for making lithium cells

The closely held Agratas Energy Storage Solutions Pvt. is building a pilot production line of lithium iron phosphate, or LFP, cells at its upcoming battery factory in Sanand, Gujarat

FSSAI bars Dabur from selling food products with misleading '100%' claims

FSSAI informed that it has issued a prohibition order to Dabur India Ltd over the sales of food products carrying misleading '100 per cent' claims

Indian Oil to invest ₹1 trillion in petrochemicals over next 5 years

The state-run refiner plans to raise petrochemical intensity to 16% while expanding renewables, pipelines, green hydrogen and sustainable aviation fuel capacity.

Adani group proposes to invest ₹1 trillion for data centre in Odisha

Facility would trail only Google's intended Andhra project in scale

Adani plans ₹1.5 trillion investment in Odisha nuclear power projects

The group has proposed two nuclear power plants, a thermal power station and pumped storage projects, with the plan to undergo detailed scrutiny before any approval

Willie Walsh assumes charge as IndiGo CEO, succeeds Pieter Elbers

Willie Walsh has assumed charge as IndiGo's chief executive officer after completing his tenure at IATA and will lead the airline's global expansion, operations and commercial strategy

MobiKwik bets on AI to boost loan disbursals by ₹300 crore a quarter

The fintech firm is using AI to reduce loan application drop-offs and convert passive users into borrowers as it strengthens its lending business after securing an NBFC licence