Page 165 - Company News

Balaji Wafers' stake sale plan on hold amid weak response from PE investors

ITC and PepsiCo also explored the deal but later withdrew as they were not keen on a minority stake

Air India, Airbus set up joint venture pilot training facility in Haryana

The equal joint venture facility, spread over 12,000 square metres, will have 10 full flight simulators along with advanced classrooms and briefing rooms

Virupaksha Organics files draft papers with Sebi for ₹740 crore IPO

The company may consider raising ₹148 crore in a pre-IPO placement round

IPO-bound EV startup Simple Energy plans aggressive expansion by 2029

Bengaluru-headquartered Simple Energy, founded in 2019, opened its first showroom last year and now operates 53 outlets across the country

HCC, KRCL join hands to execute transport projects in India, overseas

The company in a statement said the MoU establishes a framework for long-term collaboration

Allana Consumer expects coffee exports to slow in FY26 on volatile markets

Allana has scaled back export volumes over the past two years as market volatility has made it difficult to plan growth

Jindal Steel commissions 3 MTPA oxygen furnace at Odisha's Angul plant

With the installation of the new BoF, the plant's crude steel making capacity has increased to 9 million tonne per annum (MTPA) from 6 MTPA earlier

BCCI deal to make Apollo Tyres one of the biggest auto ad spenders

Additional spending on brand promotion after becoming the lead sponsor for the Indian cricket team could weigh on margins and profits in short run

Why Tata Motors split CV and PV arms: Here's what the filings reveal

Tata highlighted that CVs are cyclical, linked to infrastructure, freight, mining, and construction, while PVs are growth-oriented, technology-heavy, and consumer-facing

Tata Steel eyes 6.5 billion euro agreement to cut emissions at Dutch plant

Regulators have threatened fines and the closing of one of the plant's coke facilities if Tata Steel fails to significantly reduce toxic emissions this year

Zoho IPO unlikely soon, hints Sridhar Vembu; focus on R&D initiatives

Zoho founder Sridhar Vembu said the company will not seek an IPO soon, citing the success of Arattai and its focus on Bharat-specific research and development projects

Vodafone Idea seeks waiver of penalty and interest on AGR dues in SC

Vodafone Idea has filed an amended petition in the Supreme Court seeking waiver of penalty, interest and interest on penalty on its adjusted gross revenue dues

Q2 results preview: Destocking prior to GST 2.0 may impact FMCG sales

FMCG companies face muted sales in July-September as distributors slow purchases ahead of GST-driven MRP cuts, with Hindustan Unilever citing a short-term impact

Electronic Arts to go private in record $55 billion leveraged buyout

The deal would rank as one of the largest leveraged buyouts in history, surpassing 2007's buyout of TXU Energy and other major buyouts of that decade including Toys 'R' Us and Hertz

First Brands files for bankruptcy protection with liabilities over $10 bn

The high-profile collapse of First Brands has raised questions among investors about potential ripple effects across the automotive parts industry

Avenue Supermarts raises ₹100 cr short term debt; opens new store in Delhi

The commercial paper, which has been issued on Monday and will mature after 91 days on December 29, 2025, bears a coupon rate of 6 per cent

NCLAT sets aside Future Consumer's plea for insolvency against Aussee Oats

FCL had claimed an amount of over Rs one crore due from Aussee Oats. It had given Rs two crore to Aussee Oats in the form of an Inter-Corporate Deposit

Huawei to double output of top AI chip as Nvidia faces hurdles in China

If Huawei can hit those targets, it would represent a technical breakthrough for a company regarded as China's best hope of weaning itself off the foreign chips that power the world's No. 2 economy

Blue Dart Express to hike courier service rates by 9-12% from January

In line with its annual practice, Blue Dart undertakes a comprehensive review of its pricing structure to ensure continued service excellence while fostering sustainable ecosystem collaboration

Air India raises $215 million from StanChart, Bank of India for refinancing

The loan comes after an Air India plane crash in June was one of the worst aviation accidents in the country, initially causing talks for fund raising to slow