Page 16 - Company News

L&T's Vyoma signs pact with Lexlegis to host Legal AI on sovereign cloud

The collaboration will see Lexlegis Legal AI hosted and operated on Vyoma's Sovereign Cloud, ensuring that sensitive legal and regulatory data remains stored within India

Qualcomm, Tata Electronics sign deal to make automotive modules in Assam

The collaboration aims to enable local production of automotive technologies for digital cockpits, infotainment, connectivity, and intelligent vehicle systems

Novartis to sell majority stake in India unit in ₹1,446 crore deal

The consortium will offer ​Novartis India's ‌public shareholders ₹860.64 per share, ‌an exchange filing showed, representing a 3.6 per cent ‌premium to ​its closing ​price on Thursday

Ola Electric plans to cut store count to 550 amid market share slump

Ola Electric reportedly plans to cut its store count to about 550 by March as sales slow, market share falls sharply and the company restructures operations to reduce costs

Anil Ambani tells Supreme Court he won't leave India without nod

Anil Ambani submits an affidavit to the Supreme Court stating he will not travel abroad without permission and will continue cooperating with ED and CBI in the RCOM fraud investigations

₹10 trillion over 7 years: Reliance Industries makes bold bet on AI

Ambani says move will cut cost of intelligence as 'we did' with data

MSEDCL plans year-end IPO, to hive off agricultural load into new firm

Maharashtra discom to separate agri load, shift it to solar DRE projects and clean up its balance sheet before launching an IPO targeting up to 10% government stake dilution

ASG, YM Infra launch ₹2,800 cr luxury tower in Marine Lines, Mumbai

One Marina, a 74-storey project with a ₹2,800 crore GDV, marks ASG's push in South Mumbai as developers expand portfolios through joint ventures and acquisitions

Govt forms high-level committee to monitor progress of PFC-REC merger

High-level committee and working group to oversee personnel integration, restructuring, technology alignment and regulatory approvals for the proposed merger

ATR bets on 2026 production ramp-up amid strong turboprop demand

The company logged 60 gross orders and 50 net orders last year, taking its backlog to more than 160 aircraft, while revenues held steady at about $1.2 billion

Barclays opens new Gurugram office, reinforces India's strategic role

UK-based banking group expands its NCR presence with a 4,000-seat facility, strengthening India's role as a technology and global services hub

United Breweries gets sound mark for 'Oo La La La Le O' Kingfisher jingle

United Breweries secures trademark protection for its iconic 'Oo La La La Le O' Kingfisher jingle, reinforcing sound as a legally protected brand asset in India

Swiggy shuts Snacc instant delivery service to refocus on core areas

Swiggy cites business economics and long-term priorities in shutting Snacc, even as its food delivery segment grows and platforms serve attendees at the India AI Impact Summit

Puravankara launches 6.99-acre Purva Silversky premium project in Bengaluru

The 356-unit project in Hebbagodi, Electronic City, features large-format 3-5 BHK homes, a 17,700 sq ft clubhouse and over 45 lifestyle amenities across an elevated podium

Embraer, Mahindra Group plan to set up MRO base for C-390 aircraft in India

Embaer and Mahindra Group had last October inked a strategic partnership to produce the C-390 Millennium multi-mission military transport aircraft in India

GEG sharpens AI push, eyes robots in ₹1,200 crore digital transformation

Mumbai-based conglomerate's Project Amethyst to create AI agents and intelligent robots across 14 business units

Paytm leads monetisation as merchant payments boost profits: Bernstein

The margin differential reflects Paytm's higher share of merchant payments and its larger installed base of payment acceptance devices

Won't leave India without permission, will cooperate: Anil Ambani tells SC

The affidavit further stated that he has been summoned by the Directorate of Enforcement to appear on February 26, 2026, and undertook to appear and join the investigation on the said date

MSEDCL to demerge agri business by April, targets listing by 2026 end

The agriculture segment will be carved out as a separate company, not a subsidiary, ensuring its liabilities do not remain on the balance sheet of the core distribution utility

Cochin Shipyard signs deal to build LNG vessel for French shipping giant

CSL said it signed a landmark Shipbuilding Contract (SBC) with CMA CGM at New Delhi on Wednesday for the construction of six 1,700 TEU LNG dual-fuel feeder container vessels