Page 2 - Company News

Reliance boosts LPG production at Jamnagar to stabilise domestic supply

Reliance Industries is taking proactive steps and in line with the government guidelines, the company said in a statement

RIL to maximise LPG output, divert KG-D6 gas to priority sectors

Reliance Industries says it will maximise LPG output at its Jamnagar refinery complex and divert KG-D6 basin gas to priority sectors to support stable domestic fuel supplies

VinFast launches 'Trade Gas for Electric' programme amid fuel volatility

Vingroup's VinFast offers extra discounts on electric cars and scooters for customers switching from gasoline vehicles, while cutting fares on its Xanh SM mobility platform

IBBI pushes transparency as CoC decisions in bankruptcy cases draw scrutiny

Recent proposals by the insolvency regulator aim to increase transparency and accountability in the Committee of Creditors' decisions after the Supreme Court flagged gaps in the IBC process

Renault puts India at centre of futuREady plan; four models by 2030

Renault names India a key global production and growth hub in its futuREady strategy, with plans to launch four new models in the country by 2030 as part of a global rollout of 36 vehicles

VECV names B Srinivas MD; Vinod Aggarwal to take over as chairman

VE Commercial Vehicles appoints B Srinivas as managing director and CEO from April 1, while Vinod Aggarwal transitions to chairman after leading the company for nearly two decades

Happiest Minds Technologies revises FY27 revenue growth guidance to 12.5%

Happiest Minds raises FY27 revenue growth guidance to 12.5 per cent from 10 per cent, citing strong momentum from its AI-First strategy and growing demand across key sectors

Hindustan Zinc signs MoU with CMR Green to set up zinc alloy unit

The manufacturing facility will be set up at Zinc Park in Rajasthan and will produce zinc alloys used in sectors such as automotive, infrastructure, die-casting and consumer goods

Allana Group plans to ship 40,000 tonnes of food products to West Asia

Allana Group operates in over 70 countries across the globe, with West Asia being one of its major markets

Abbott launches drug-eluting stent in India for complex heart blockages

The new device, XIENCE Skypoint, is designed to be more flexible, easier to guide through the heart's arteries, including large vessels

JSW Steel crude steel output down 2% to 2.37 mt in Feb amid plant upgrade

JSW Steel said that the production decline was due to the shutdown of Blast Furnace 3 at the Vijayanagar plant for a capacity upgrade, while output growth excluding the unit rose about 8 per cent

IDFC First Bank pays ₹645 crore to settle fraud claims with Haryana govt

IDFC First Bank said it paid ₹645 crore to clients after claims linked to a suspected fraud at its Chandigarh branch, ₹55 crore higher than the initial estimate of ₹590 crore

Reliance Retail acquires Pahadi Local to scale beauty and wellness brand

Reliance Retail has acquired beauty and wellness brand Pahadi Local, with the founding team continuing in key roles as the company expands the label across retail and digital platforms

Tech Mahindra denies buzz around plan to lay off 30,000 employees

Tech Mahindra has denied social media claims that it plans large-scale layoffs, clarifying in an exchange filing that no such proposal is under consideration amid speculation of a 30,000 cut

West Asia crisis: Nasscom warns tech firms of cybersecurity threats

Nasscom has urged tech firms to strengthen cybersecurity frameworks as West Asia conflict heightens risks, advising measures ranging from credential resets to DDoS readiness and supply-chain audits

Bhagwati Products leases 430,000 sq ft in Oppo's Noida manufacturing plant

Bhagwati Products has leased 430,000 sq ft in Oppo's Noida plant to expand smartphone output, marking another major industrial space deal amid strong demand in NCR's manufacturing hubs

Tech Mahindra rubbishes market speculation on significant cut in headcount

Given the speculation, Tech Mahindra said it finds it necessary to clarify that no such proposal is under consideration

Puravankara enters Bengaluru joint development project worth ₹1,300 cr

Puravankara has signed a joint development agreement for a 4-acre land parcel on Hennur Road, Bengaluru, adding a project with an estimated GDV of over ₹1,300 crore to its growth pipeline

Hical Tech wins contract from Dassault to supply components for Rafale jets

The Bengaluru-based firm said that its inclusion in the Rafale programme positions India as a strategic contributor to one of the world's most operationally active fighter aircraft platforms

Margin gains, deal wins reflect clients' trust: Tech Mahindra CEO

The operating margin during the December 2025 quarter expanded by close to 100 basis points to 13.1 per cent, marking the ninth consecutive quarter of margin expansion for the company