Page 201 - Company News

IHCL signs agreement with Madison for 10 new hotels in South India

The ten new hotel sites will primarily be greenfield and brownfield projects, and this partnership has commenced with the signing of a 75-key Ginger hotel in Genome Valley in Telangana

Paradeep Phosphates eyes ₹1,500 cr expansion to double market share by FY26

The PPL's expansion strategy centres on the amalgamation of Mangalore Chemicals & Fertilizers Ltd (MCFL), expected to close in the third quarter of the current financial year

Nikhil Kamath invests ₹137.5 crore in Goldi Solar to expand capacity

Zerodha co-founder Nikhil Kamath invests ₹137.5 crore in Goldi Solar, supporting its expansion into solar cell manufacturing and capacity growth in renewable energy

JSW, Posco sign agreement to set up 6 MTPA steel plant in Odisha

Odisha being considered as a potential site; final terms of the agreement are subject to feasibility and approvals

Top 300 business families generate ₹7,820 crore daily: Hurun list

Collectively worth Rs 137 trillion, the businesses of the top 300 families on the list generated Rs 7,820 crore in value every single day

MakeMyTrip charts global expansion route, boosts corporate travel focus

Cofounder says growth driven by three engines: Customers, artificial intelligence, and supply

Artha Ventures to mark highest-ever exits in 2025: Anirudh Damani

Among the recent exits are cloud telephony provider Exotel, where Artha clocked a 114x return, and investment platform Lightyear, which yielded 20x returns

Air India cancels Milan-Delhi flight due to last-minute technical fault

Alternative arrangements are being made to fly the passengers to their destination at the earliest, Air India said in a statement

India Inc turns to equity, bonds as cheaper bank loans remain elusive

Corporates raise record funds through QIPs, block deals and bonds as improved balance sheets and limited loan rate transmission push them towards capital markets

CM Adityanath inaugurates Torrent Group's green hydrogen plant in UP

The project, jointly developed by Torrent Group entities Torrent Power and Torrent Gas, will have an annual production capacity of 72,000 tonnes per annum, the group said in a statement

Coal India ramps up evacuation infrastructure amid weak Q1FY26 demand

The company has earmarked the largest share of ₹ 5,622 crore - about 35 per cent of the total proposed ₹ 16,000 crore capex in FY26

IiAS opposes Hindustan Zinc CEO's reappointment over remuneration terms

IiAS has recommended against resolutions on CEO remuneration and reappointment of two independent directors at Hindustan Zinc, citing governance and transparency concerns

KEC International bags ₹1,402 crore projects in T&D, civil and cables

KEC International wins fresh orders worth ₹1,402 crore across transmission, civil and cables segments, taking YTD intake beyond ₹8,400 crore and strengthening its growth momentum

Acer eyes No 2 slot in India PC market within three quarters on AI push

Acer aims to overtake Lenovo in India's PC market by FY25-end, banking on AI-powered PCs, retail expansion in smaller towns, and new domestic manufacturing

Bidders file fresh JAL plans as CoC weighs challenge round decision

Bidders have revised plans for Jaiprakash Associates after lender talks, but key legal hurdles remain as CoC weighs whether to renegotiate or hold a challenge round

Godrej Properties' net debt jumps 42% to ₹4,637 cr in Q1 amid expansion

According to its latest investors presentation, the company's debt to equity ration has risen to 0.26 from 0.19 but it is still at a very comfortable level

Amazon India upbeat on festive season after strong Prime Day sales

Festive season shopping remains one of the biggest annual opportunities for brands, driven by cultural calendar, gifting traditions, lucrative discounts dished out

Foxconn's Bengaluru unit commences operation with iPhone 17 production

Foxconn is the largest manufacturer of iPhones, and the second-biggest facility outside China in Devanahalli near Bengaluru

FMCG segment seeing 'consumer shift' towards regional brands: Honasa CEO

Regional brands are giving tough competition to the large established players with their aggressive pricing and better margins for the distributors

Aurobindo Pharma expects China plant to break even at Ebitda level in FY26

The Hyderabad-based drug maker commenced operations at the facility in the last week of November 2024 and is now ramping up production