Page 20 - Company News

CCI approves Tata Steel's acquisition of 50.01% stake in Thriveni Pellets

The development came after Tata Steel in December last year announced that it entered into a pact to acquire a majority stake in Thriveni Pellets Pvt Ltd for ₹636 crore

ITC Infotech CEO and MD Sudip Singh steps down after seven years

ITC Infotech CEO Sudip Singh has stepped down after seven years, with president and COO Manas Chakraborty set to take over the top role

Elan Group awards ₹840 crore construction contract to Tata Projects

Elan Group awards an Rs 840 crore construction contract to Tata Projects for its ultra-luxury residential project 'Elan-The Statement' in Sector 49, Gurugram

Energy company AM Green to set up $25 billion AI hub in Greater Noida

AM Green signs pact with UP to invest $25 billion in a 1 GW AI hub in Greater Noida, powered by carbon-free energy, targeting hyperscalers and sovereign AI by 2030

Suryoday SFB enters gold loan segment to scale secured lending portfolio

Suryoday Small Finance Bank has entered the gold loan segment, starting with Maharashtra

AU Small Finance Bank Q3 results: Net profit jumps 26% to ₹668 crore

The Jaipur-based bank had posted a profit after tax of ₹528 crore in the corresponding period last year

Lamborghini India sells 111 cars in 2025; SUV deliveries jump 17% YoY

In 2025, the EMEA (Europe, the Middle East, and Africa) region continued to be the company's leading market with 4,650 vehicles delivered

Sony to cede control of Bravia TV business to China's TCL Electronics

Sony Bravia TVs survived due to their positioning at the premium tier of the market, where consumers are willing to pay more for high-end picture and sound quality

Sunteck Realty buys two-acre Andheri East land with ₹2,500 crore GDV

The company recently announced plans to launch the first phase of its ₹3,000 crore ultra-luxury residential project in Mumbai's Goregaon West, with the initial phase carrying a GDV of ₹1,250 crore

HDFC Bank to disburse ₹20 crore under FY26 Parivartan Startup Grants

It will support 10 strategic initiatives across priority sectors including climate innovation, agriculture and sustainable livelihoods, manufacturing and MSME innovation, financial inclusion, etc

Ikea plans to double India investment to more than $2.20 bn in 5 years

Ikea, which opened its first India store in 2018 in Hyderabad, will begin accepting online orders in four other cities where it currently does not have a physical presence

Embassy Developments to invest ₹7,000 crore in Mumbai housing market

Bengaluru-based Embassy Group also has two other listed firms -- WeWork India and Embassy Office Parks REIT

HPCL inks $3 billion LNG deal with UAE's Adnoc Gas during president's visit

Abu Dhabi's Adnoc Gas will supply 0.5 million tonnes of LNG a year to HPCL for 10 years starting 2028

Toyota expands product range with 1st battery-electric Urban Cruiser Ebella

The model comes with two battery options in 49 kWh and 61 kWh offering a driving range of up to 543 km on a single charge km range

Air India begins returning belongings of Ahmedabad crash victims: Details

Air India has shared details of recovered items with families through email and a dedicated website

Lodha Developers to invest ₹1 trillion more in Maharashtra data centre park

The ‌group said that ​the 2.5-gigawatt data center park will be the largest of its kind in India; firms including Amazon and STT Global Data Centers ‍have purchased ‌land parcels at ​the site

No global expansion plans, yet to tap 85-90% of India's market: Swiggy

Swiggy sees strong growth potential in India, with 85-90% of the food delivery market still untapped, and says it has no immediate plans for global expansion

Ikea expands South India footprint with online delivery in Tamil Nadu

The Swedish furniture retailer will begin EV-powered doorstep deliveries across key Tamil Nadu cities, with orders fulfilled through its Bengaluru distribution network

ICICI Lombard looks to outperform industry's premium growth in Q4

ICICI Lombard expects to outperform industry premium growth by 100-200 bps, driven by motor, health and commercial lines, says CFO

Punjab National Bank logs best ever quarterly profit of ₹5,100 cr in Q3

Punjab National Bank posts its highest-ever quarterly profit in Q3FY26, aided by strong non-interest income, improved asset quality and higher capital adequacy