Page 17 - Company News

MSD appoints Vidhya Sundaram as Associate VP of Global Technology Centres

Vidhya, based in Hyderabad, will oversee MSD's global Technology Centre strategy, working closely with global technology leaders to deepen collaboration across locations and support business outcomes

Godrej Properties to develop ₹6,000 crore luxury housing project in Mumbai

The 2.5-acre Marine Lines project is expected to have a revenue potential of ₹6,000 crore as the developer expands its premium and luxury housing portfolio in Mumbai

Tata Projects, MDS Aero to develop aero-engine testing infra in India

The companies aim to support the development of advanced testing infrastructure for India's rapidly growing aerospace and propulsion ecosystem

Going public: How listing changes company's compliance, governance, culture

Once shares begin trading, management must report to investors through financial results, material disclosures and regular shareholder communication

Sun Pharma bags rights to $3.7 billion cholesterol drug market globally

Sun Pharma will commercialise and manufacture LIB Therapeutics' once-monthly cholesterol drug outside the US and China after its EU approval

IEX subsidiary Indian Coal Exchange applies for trading licence with CCO

Indian Coal Exchange will operate as a physical delivery-based coal trading exchange, providing a technology-enabled marketplace that brings buyers and sellers together on a single platform

NMDC commissions ₹5,427 cr integrated iron ore project in Chhattisgarh

NMDC's new project includes a new iron ore processing plant at Bacheli, a 15 million tonne per annum (MTPA) slurry pipeline and a 2 MTPA pellet plant at Nagarnar.

HSBC makes big push for affluent clients in India to drive growth

The growth drive puts HSBC in more direct competition with larger local rivals including ICICI Bank Ltd. and Kotak Mahindra Ltd. for a slice of India's fast-expanding wealth pool

Corporate India sheds zombie firms as debt-servicing capacity improves: D&B

Dun & Bradstreet study shows the share of zombie firms fell to 5.5% in 2025 from 8.1% in 2017, signalling stronger corporate debt-servicing capacity

Total recall: Behind the Tata Trusts vs Tata Sons row and boardroom battle

The boardroom battle in India's top industrial conglomerate leaves a trail of unanswered questions

Axis Bank plans 12,500 campus hires, redeploys staff amid AI push

The bank plans to hire around 12,000-12,500 people from campuses in FY27, compared with 11,500-11,600 in FY26

Jakson Green eyes 12.5 GW operational renewable projects in two years

The company is targeting 30 GW of renewable IPP and EPC capacity by 2030 while expanding into green hydrogen, ammonia, battery storage and other energy-transition businesses

Capacity scale-ups to drive Epigral's ₹5,000 crore target by FY31: CMD

The company expects to reach ₹2,900 crore in revenue this fiscal year following revenue of ₹2,500-2,530 crore in 2026

ITC expands dairy business in East India, bets on value-added products

As part of its expansion strategy, ITC has tailored its dairy portfolio to regional tastes, local consumption patterns and evolving consumer preference for quality-assured dairy products

Petronet to pay 1% of profit as commission to its directors for 5 years

The proposal, contained in the notice for the company's forthcoming general meeting, seeks approval for distribution of a sum not exceeding 1 per cent per annum of profits

Tata Motors PV eyes 15% market share soon, targets 20% by FY31: MD

Tata Motors Passenger Vehicles expects to cross 15% domestic market share soon and reach 20% by FY31, backed by new products, faster refreshes and wider powertrain offerings

Prestige Estates shelves ₹2,700 cr hotel biz IPO amid market uncertainty

Prestige Hospitality Ventures had filed a DRHP with Sebi in April 2025 to raise up to ₹2,700 crore; the company may consider a fresh filing if market conditions improve

Zee seeks action against Reliance-Disney's JioStar over copyright breach

Zee has alleged JioStar continued using its music and songs despite a Delhi High Court injunction, escalating the copyright dispute between the companies

Tata Steel, Dutch govt extend joint letter of intent for decarbonisation

The five-month extension gives Tata Steel and Dutch authorities more time to address outstanding issues and work towards an integrated health and decarbonisation project

Microsoft abandons personal AI chatbot race with Copilot reboot

It allows users to edit Word or Excel documents within a Copilot app or browser tab, addressing a common gripe that Microsoft's assistant had only limited reach into its own productivity software