Page 199 - Company News

Landmark Group to invest ₹400 crore in new Gurugram housing project

The company is developing 240 apartments in its new residential project, spread over 4 acre of land parcel, at Sector 103 (Dwarka Expressway) in Gurugram

Vedanta demerger faces delay as Centre objects, Sebi issues warning

Vedanta's plan to split into six listed entities has been delayed after the Centre objected and SEBI issued a compliance warning, intensifying regulatory scrutiny

Adani Group units secure $275 million offshore loans from global banks

Investors have grown more confident lending the Adani Group as it seeks to raise funds across the spectrum of its businesses

UltraTech Cement to sell up to 6.5% stake in unit India Cements

The company, which took control of India Cements in July last year, said the sale was to comply with "applicable laws"

NCLT defers hearing on Vedanta demerger after govt flags irregularities

The government flagged concealment and non-disclosure in Vedanta's demerger plan, prompting the NCLT to defer its hearing to September 17

Welspun One to invest ₹2,150 cr for warehouses across Karnataka, Tamil Nadu

Welspun One Logistics Parks expands Karnataka and Tamil Nadu portfolio to 260 acres with Rs 2,150 crore investment, targeting 6 msf development in high-potential corridors

Centricity WealthTech plans to double AUM to ₹20,000 crore by FY26

The asset under management (AUM) reached Rs 10,000 crore last month and the company is hoping to increase this to Rs 18,000-20,000 crore by the end of the current fiscal

Welspun One acquires 107 acres in Karnataka for warehousing projects

With this acquisition, the company's total footprint has expanded to over 260 acres across Karnataka and Tamil Nadu

Need to move from store-based to unified entity licensing: Reliance Retail

There is also a need for moving towards post-license inspections from pre-license inspections in order to speed up store openings

Coforge edges past rivals in a hotly contested mid-tier IT services market

According to data Coforge is currently ranked at number eight, behind LTIMIndtree and Mphasis

Tata Motors returns to South African car market after six-year absence

Growing demand for budget-friendly cars is luring global automakers to offer consumers more options

Apollo aims to double India assets to $4 billion in 3 years on credit boom

The New York-based asset manager, which has about $2 billion assets in India, mainly in private credit, is targeting sectors including infra, financial services, industrials and supply chain finance

India Post rolls out advanced postal technology project worth ₹5,800 cr

The Advanced Postal Technology (APT) based infrastructure gives India Post access to new technology layers like modern logistics companies

Branded homes in high demand; IHCL, Marriott tie up with developers

Hospitality majors like IHCL, Marriott, and others are partnering with developers to tap the growing demand for branded residences, as luxury homebuyers drive the trend across metro and tier-II cities

Zepto enters real estate space with 10-min land investment option

Zepto has teamed up with The House of Abhinandan Lodha to make premium Vrindavan plots discoverable on its app, offering quick digital access to land investment opportunities

SoftBank invests $2 bn in Intel as chip giant hopes to revive fortunes

The shares of the chip giant lost 60% of their value last year as it could not gain traction in the artificial intelligence (AI) market, which is dominated by Nvidia

Games24x7 rolls out 3rd edition of TechXpedite accelerator programme

Games24x7 announces the third edition of its TechXpedite accelerator, offering support to early-stage startups in AI, gaming, sports, and inclusive technology.

Cola giants PepsiCo and Coca-Cola increase volume on select packs

PepsiCo India and Coca-Cola India boost volume on select packs while maintaining prices, ahead of the festive season and amid rising competition, say industry sources

Akasa Air completes fundraising, Premji Invest joins Jhunjhunwalas

Akasa Air completes $125 million fundraising, welcoming Premji Invest, 360 ONE Asset, and Claypond Capital, alongside the Jhunjhunwala family, to support its expansion and long-term growth

Ramco Cements eyes Rs 16K cr revenue in 5 years, launches Hard Worker brand

Ramco Cements aims for Rs 16,000 crore revenue in the next five years and launches the "Hard Worker" brand in construction chemicals, with a target to generate Rs 2,000 crore revenue in the segment.