Page 2 - Company News

Devyani International to invest ₹347 crore in Thailand's KFC operator

Investment in Restaurants Development Co will help repay debt and fund expansion, with Devyani to hold 49% stake through subsidiary DID

Thomas Cook India announces demerger of resorts business into Sterling

Move aims to unlock shareholder value, streamline capital structure and enable separate listing of Sterling Holiday Resorts on stock exchanges

Ola Electric diverts IPO funds from R&D to debt amid mounting pressures

EV maker reallocates ₹575 crore from R&D to debt repayment and growth as sales slow, market share slips and fundraising challenges persist

Flipkart sets bonus multiplier at 105% as it signals steady performance

Walmart-backed e-commerce firm cites progress across key metrics and journey toward sustainable profitability as it prepares for a potential IPO

Tata Motors to hike passenger vehicle prices by 0.5% from April 1

Automaker to raise prices across ICE passenger vehicles by 0.5% from April 1, citing sustained rise in input costs; impact will vary across models and variants

Lexus India eyes faster growth in FY26 amid rising demand, new launches

Lexus India expects stronger growth in FY26 amid rising incomes and infrastructure push, as it looks to outperform a largely flat luxury car market

Zomato hikes platform fee 19% to ₹14.90 amid rising delivery costs

Zomato raises platform fee to Rs 14.90 from Rs 12.50, aligning closer to rivals amid rising operational costs and pressure from supply disruptions in West Asia

IndiQube signs ₹54 crore Pune deal for 1,140 seats with GCC client

IndiQube Spaces signs a Rs 54 crore, five-year deal for 1,140 seats in Pune, highlighting growing demand from global capability centres for flexible workspaces in India

A-I Delhi-Vancouver flight returns after 7 hours over operational issue

Without providing specific details, Air India, in a statement on Friday, said the aircraft landed safely at the Delhi airport

Paranjape Schemes to invest ₹700 crore to develop 1,400 homes in Pune

In a statement on Friday, the company said it has launched a series of new residential projects across Pune West as part of its upcoming festive season offerings

Mahindra Holidays & Resorts India launches 2 new resorts in Maharashtra, MP

The two new properties strengthen the company's presence across Western and Central India

Flipkart Group CFO Sriram Venkataraman quits; Nishant Verman rejoins as SVP

Venkataraman will remain with the company 'for a period of time' to ensure continuity and a smooth transition

TCS, Swissport International extend tech support partnership by 5 years

Indian IT services company to drive aviation services provider's AI transformation, Cloud modernisation

Thyssenkrupp-Jindal steel sale talks 'not moving forward': Deputy chairman

Juergen Kerner said labour representatives ‌had presented Jindal, which has been doing due diligence on Thyssenkrupp's steel unit since October, with a detailed questionnaire

Ozempic copies set to crash to $14 in India as generic GLP-1 era starts

Natco Pharma Ltd. plans to sell an injection for semaglutide, the active ingredient in both Ozempic and Wegovy - with prices starting from ₹1,290

HDFC Bank chief's exit baffles investors, wipes $7 bn off market value

HDFC Bank spent Thursday trying to explain why Chakraborty, a former senior bureaucrat in PM Narendra Modi's administration, left after almost five years as part-time chairman of the lender

US announces $10 billion support for Essar Group's Minnesota steel project

The US backs Essar's Mesabi Metallics project with up to $10 billion to boost iron ore output in Minnesota, create jobs and strengthen supply chains with India and Indo-Pacific partners

Gujarat clears new Tata Power deal to resume long-term supply from Mundra

The deal comes as a relief to ‌India, which is looking to maximise power output from its coal plants amid an escalating West Asia conflict that is expected to lead to a gas shortage during summer

HDFC Bank firefights after chairman Atanu Chakraborty's abrupt exit

RBI clears the air on governance concerns; mcap falls ₹66,433 cr

HDFC Bank may ask ex-chairman Chakraborty to explain resignation concerns

HDFC Bank board may seek clarification from former chairman Atanu Chakraborty over concerns cited in his resignation letter amid questions on governance and management relations