Page 163 - Company News

Tata Power arm to invest ₹1,200 cr to develop 80 MW FDRE renewable project

The time period for project execution is 24 months, Tata Power, the parent company of TPREL, said in an exchange filing

Ashoka Buildcon takes 61% stake in JTCL with ₹166 crore acquisition deal

Jaora Nayagaon Toll Road Company Private Limited (JTCL) has a total income of ₹265.50 crore and a net worth of ₹639.89 crore, based on audited financial statements of FY 2025

Wintrack shuts ops over Chennai Customs bribes; dept denies, MoF steps in

Wintrack Inc has stopped its India operations, citing alleged bribery and harassment by Chennai Customs; officials deny the claims, calling them false and misleading

Reliance Retail worth $143 billion, Jio valued at $135 billion: JP Morgan

JP Morgan said RIL's consumer businesses are set to drive nearly all of the group's earnings growth in the coming years

H-1B visa scrutiny: TCS, Cognizant among 10 firms in US crosshairs

In email to CEOs, US panel questions their firms' H-1B visa hiring practices, seeks reply by October 10

DHL renews lease for 3.17 lakh sq ft of warehousing space in Panvel

DHL has signed a five-year lease for 3.17 lakh sq ft of warehousing space in CapitaLand's Panvel facility at a monthly rent of Rs 1.8 crore, highlighting logistics demand in India

PC Jeweller Q2 results: Revenue up at 63% to ₹808 cr, debt down 23%

Delhi-based PC Jeweller, which has 52 showrooms, of which 49 are company-owned, further reduced its debt by 23% during the latest September quarter

Moody's upgrades JSW Steel outlook to positive from stable on growth plans

The earnings forecasts assume that JSW Steel's EBITDA per tonne will be around ₹10,500-10,750, which is in line with its 10-year average

Occidental to sell OxyChem unit to Berkshire Hathaway for $9.7 billion

The company sunk deeper into debt after it closed its $12 billion acquisition of privately held US shale oil producer CrownRock last year, which strengthened its position in the Permian Basin

Turbulent times offer India chance for tech self-reliance: Anand Mahindra

Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federations of companies with over 3,24,000 employees in over 100 countries

TCS offers severance pay of up to 2 yrs' salary amid workforce realignment

TCS is offering severance pay of up to two years' salary to long-serving staff whose skills no longer match company needs, as it realigns workforce

Shein's first permanent stores in France spark backlash: What it means

The opening of permanent stores represents a major milestone for the company, which until now has relied primarily on temporary pop-up shops worldwide as a marketing strategy

SKF India to invest up to ₹1,460 cr on automotive, industrial units by 2030

The demerger of the industrial business has been completed effective October 1, 2025, with the National Company Law Tribunal (NCLT), Mumbai bench sanctioning the scheme, SKF India Ltd said

Nuvama Wealth gets Sebi approval to set up mutual fund business in India

The final approval for registration of mutual fund will be granted by Sebi subject to fulfilment of certain requirements by the company

Google lays off woman on O-1 visa: What it is and how it differs from H-1B

US O-1 visa is a special non-immigrant visa provided to individuals exhibiting extraordinary ability. Eligibility requires meeting stringent criteria that establish national or international acclaim

Delhi HC summons SpiceJet in TCS recovery suit over unpaid technology dues

The Delhi High Court summoned SpiceJet after TCS filed a case to recover ₹2.34 crore for services provided between 2019 and 2023, saying the airline failed to clear 'long-pending dues'

TCS questioned by US lawmakers over H-1B hires, layoffs, wage practices

US lawmakers have sought clarifications from Tata Consultancy Services (TCS) regarding its continued filing of H-1B visa petitions, even as the company carries out layoffs of American tech workers

Fewer variants, lower prices: Tata Motors reworks Harrier, Safari strategy

Company executives added that the Adventure X trims are expected to lift sales volumes, though average selling prices may soften compared with last year, when demand was led by high-end variants

ED attaches ₹10.55-cr assets of Ansal Properties promoters in PMLA case

During an inspection conducted by the Haryana Pollution Control Board officials, the STPs installed were found "abandoned" and without any operation and maintenance, the agency said

HAL receives another GE Aerospace jet engine for Tejas light combat jets

The company had delivered one F404-IN20 engine to HAL around three weeks back