Page 17 - Company News

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

JioHotstar, OpenAI roll out ChatGPT-powered multilingual voice discovery

Partnership introduces multilingual, AI-driven voice discovery across live and on-demand content, enabling viewers to find and engage with stories through natural conversation

Reliance to invest ₹10 trn in 7 years to reduce intelligence cost

Reliance chairman Mukesh Ambani says Jio and Reliance will invest ₹10 trillion over seven years to lower the cost of intelligence and build India's sovereign compute capacity

Waaree Energies to set up ₹8,000 cr lithium-ion gigafactory in Andhra

With a capacity of 16 GWh, the greenfield facility will cover the complete battery value chain, including cell manufacturing, battery packs and large-scale Battery Energy Storage Systems (BESS)

Tata Group, OpenAI announce partnership to build 100 MW data centre

Deal announces intention to scale up AI adoption and enable industry-specific solutions globally

Tata signs OpenAI as 1st customer for data centre under Stargate initiative

The deal is a major boost for TCS, which in a strategic shift last year ‌disclosed plans to invest up to $7 billion in a 1 gigawatt data centre unit in India

Dr Reddy's enters hormone replacement therapy segment with $32 mn buy

The acquisition strengthens Dr Reddy's gynaecology portfolio and marks a strategic entry into the hormone replacement therapy segment, the drug firm stated

Bharat Petroleum, HPCL Mittal buy Venezuelan oil amid crude sourcing shift

The crude was bought in two separate deals and will be co-loaded on a very large crude carrier to cut shipping costs, lifting India's Venezuelan imports to at least 6 million barrels through April

HUL to invest ₹2,000 crore to scale manufacturing for premium categories

HUL will invest up to ₹2,000 crore over two years to expand capacity in premium beauty, wellbeing and home care liquids, aiming to enhance supply-chain agility and future readiness

Nissan targets 100k exports in FY27 as part of renewed India growth plan

Nissan aims for 100,000 exports and 100,000 domestic sales in FY27 as it launches three new locally built models and leverages India's FTAs to strengthen its global supply base

BharatGen unveils Param2 17B multilingual MoE model under sovereign AI push

BharatGen has introduced Param2, a 17-billion-parameter multilingual MoE model optimised for Indic languages, strengthening India's sovereign AI capabilities and digital mission

Higher new well gas output seen as key positive for ONGC despite weak Q3

ONGC's Q3 was weighed down by lower crude realisations, but improved gas realisations, rising new well gas share and upcoming projects may bolster medium-term production

SAIL moves court after CCI flags suspected cartelisation in steel industry

SAIL has sought detailed findings from the CCI after the regulator indicated suspicion of cartelisation among major steelmakers, prompting the PSU to initiate legal steps

Microsoft on track to invest $50 billion by end of decade, says Brad Smith

Microsoft president Brad Smith said the firm is on pace to invest $50 billion by 2030 to build AI infrastructure, skills and access across the Global South, with India a key focus

FedEx to invest ₹2,500 cr in automated cargo hub at Navi Mumbai airport

The investment will support a proposed 300,000 square feet facility designed as a regional consolidation and redistribution hub and developed in partnership with Adani Airport Holdings (AAHL)

Rising temperatures to drive 30% growth in Mother Dairy's summer sales

He said, innovation and product localisation are at the heart of our summer plans across both ice cream and fresh dairy portfolios

Central Park unveils ₹1,200-cr luxury project Belanova along Sohna Road

Central Park will invest ₹1,200 crore in its new ultra-luxury Belanova project in Gurugram, targeting sales of up to ₹3,000 crore with phased pricing and strong early demand

Case filed against Blinkit for selling knives beyond legal blade size

Objects up to a maximum blade length of 7.62 cm and a width of 1.72 cm are allowed as per the rules; anything more than that is illegal