Page 20 - Company News

Hyundai aims to regain No. 2 spot in India by 2028-29, says global CEO

Hyundai plans to regain its No. 2 position in India by 2028-29 through Pune plant expansion, 26 new models and investments in electric vehicles and greater localisation

Tata Trusts row: Noel, son Neville Tata move Mumbai courts with caveats

The caveats filed in the Bombay High Court and also in the Mumbai City Civil Court will ensure that they are heard before the passing of any orders

Accenture bets on AI, targets mid-single-digit growth for next two years

Accenture aims for mid-single-digit revenue growth in constant currency in FY27 and FY28, followed by faster growth from FY29, as AI services help offset revenue pressure

BoB shares fall 3.5% after B R Shetty files $15 billion suit against bank

Bank of Baroda said it had not been served with B R Shetty's $15 billion suit and would defend itself firmly, adding that the allegations remained untested in court

Jio Platforms announces IPO subscription window from October 21 to 23

The anchor investor bidding date is October 19, while the public issue will remain open for three days, from October 21 to October 23, 2026

Tata Group's semiconductor push a long-term bet on India: Chandrasekaran

Tata Sons Chairman N Chandrasekaran says chip investments must be judged over the long term, while businesses need to build resilience amid geopolitical and technology disruptions

Reliance Consumer Products rolls out ₹20 flavoured milk in Tamil Nadu

Reliance Consumer Products Limited announced its entry into the ready-to-drink dairy market with the launch of Joyland flavoured milk in Tamil Nadu.

Family office to billionaire Narayana Murthy to double exposure in India

It is targeting annual returns of 16% to 18%, Deepak Padaki, president of Catamaran Ventures LLP said on the sidelines of Bloomberg's New Economy Forum

Volvo Buses India bags largest-ever order for 200 buses from MSRTC

The order is the single-largest for Volvo Buses in India and marks a significant commitment to strengthening premium intercity public transportation in the state

Tata Power builds diversified energy pipeline to tap data centre growth

Tata Power is playing a key role in powering some of India's largest hyperscalers and AI-ready digital infrastructure projects

FMCG majors eye stake in Farmley at potential ₹2,000 crore valuation

Emami, ITC, Britannia and Orkla India are among the companies interested in Farmley, as early investors explore a stake sale that could value the healthy snacking brand at ₹2,000 crore

Not served with any suit: BoB responds to BR Shetty's $15 bn lawsuit

Bank of Baroda said it had not been served with the suit and could not comment on the contents of the pleadings, which had not been tested in court

Paytm's First Games gets ₹5,008 cr relief in GST demand reduction

Paytm parent One 97 Communications said the revised GST demand on First Games Technology would have no incremental financial impact on its consolidated financial statements

GMR Airports incorporates wholly owned subsidiary for land development

GMR Airports has incorporated GMR Aero Realty as a wholly owned subsidiary with ₹1 crore in paid-up capital to pursue real estate and land development opportunities; operations are yet to begin

Sigma Advanced Systems, Munitions India tie up for artillery technology

Sigma Advanced Systems has signed an exclusive MoU with Munitions India for indigenous manufacturing and integration of 155 mm artillery course-correction fuzes

In a first, co-working beats IT/ITeS in office leasing in January-September

Co-working accounted for 26 per cent of India's office demand in January-September 2026, ahead of IT/ITeS at 25 per cent, as enterprises increasingly embraced flexible workspaces

Hyundai Motor group to invest $15.5 billion in India over 7 years

Hyundai Motor Group will invest $15.5 billion in India between 2026 and 2032 to expand manufacturing, R&D, local sourcing and future mobility, and create more jobs

Toothsi parent MakeO raises ₹90 crore to expand dental care operations

The company, operating across India and Southeast Asia, has crossed ₹500 crore in revenue and turned Ebitda profitable. It aims to double revenue in the next two to three years

Titan partners with Squarespace to offer custom-domain email to users

Bhavin Turakhia-founded Titan will offer its Essential Email service to Squarespace customers at $3 per user per month, initially across the US, UK, Australia and Canada

Hyundai replicating India learnings across global markets: CEO Jose Muñoz

Hyundai Motor CEO Jose Muñoz says the company's India operations offer a blueprint for global markets, with long-term investments, localisation and electrification driving growth