Page 205 - Company News

Gaurs Group to invest ₹1,400 cr to build project near Yamuna Expressway

In a statement on Monday, the company said it has acquired 12-acre land parcel in Sector 22-D to develop a premium residential project

NBCC gets Rs 3,700 cr-order from Rajasthan govt to build mixed-use project

State-owned NBCC Ltd has secured a contract to develop and market a 95-acre mixed-use project in Rajasthan with an estimated investment of around Rs 3,700 crore.

Flipkart hires 220,000 seasonal workers ahead of festive demand surge

Flipkart is hiring 220,000 seasonal workers to support its operations during the peak festive shopping season, expanding infrastructure and technology across India

Ireda aims ₹8,200 cr revenue for FY26 in MoU with renewable energy ministry

In FY25, Ireda achieved a revenue from operations of ₹6,743.32 crore, exceeding its earlier target of ₹5,957 crore, the company said in a company statement

Veteran banker Rajiv Anand takes charge as CEO of crisis-hit IndusInd Bank

Anand, whose appointment was announced earlier this month, was previously deputy managing director at Axis Bank and held key management positions at leading global financial institutions

Gurugram realty co diverted ₹205 cr homebuyers' fund for Colombo hotel: ED

The federal probe agency is investigating a number of homebuyers "fraud" cases across the country under the anti-money laundering law

Sellwin Traders signs agreement to acquire 60% stake in Shivam Contracting

Under the deal, Sellwin Traders (STL) will issue shares to Shivam Contracting at a price not less than Rs 18 per share to acquire a 60 per cent stake, a company statement said

TSMC phases out Chinese equipment from 2-nm plants amid US policy risks

TSMC's move is linked to the proposed US Chip EQUIP Act; aimed at securing subsidies, diversifying supply chains

Hindustan Zinc exploring opportunities in rare earths, critical minerals

HZL Chairperson Priya Agarwal Hebbar said the company is pursuing rare earths, lithium, and other critical minerals, while seeking AI- and drone-led global collaborations

HUDCO plans to raise up to ₹3,000 cr through non-convertible debentures

In a regulatory filing on Monday, the company informed that the Board of Directors had in April this year approved a proposal to raise up to ₹65,000 crore

Wai Wai maker bets on healthier variants, to scale revenue to ₹1,200 cr

CG Group plans to expand into snacks, sauces, pasta, and seasonings, while pushing healthier variants and scaling trade channels to triple its reach in India

GSK enters into oncology segment; launches therapies for gynae cancers

By 2045, the incidence of endometrial and ovarian cancer in India is projected to increase by 78 per cent and 69 per cent, respectively

Revenue of large, diversified EPC companies to grow 9-11% in FY26: Crisil

Crisil said revenue growth of EPC companies will be supported by robust order books, higher infrastructure spending and improved order mix, with margins set to expand

Altum Credo raises ₹170 cr from BII to expand affordable housing finance

Altum Credo will use the funds to expand credit access for low-income households, strengthen IT systems, and scale operations across existing geographies

Revenue of large, diversified EPC firms to grow 9-11% in FY26: Crisil

The Crisil Ratings study covered 15 EPC companies, which accounted for Rs 3.15 lakh crore in annual revenue during the previous fiscal year

Flipkart creates 220k seasonal jobs in supply chain, logistics, delivery

Additionally, Flipkart's logistics network will see 650 new festive-only delivery hubs in Tier 2 and 3 cities

Blue Star expects AC sales to rise around 20% on tax cut boost, says MD

The eventual tax rate on ACs is not clear but it is now at the maximum 28 per cent, so the planned cut should help dealers and manufacturers, who have struggled this year due to a cooler summer

NLB Services forays into GCC, targets $200 mn revenue over next 5 years

The company also announced the appointment of Abhilash Raghavan as Chief Business Officer (CBO) of its GCC vertical

Godrej Properties sells 683 units worth over ₹1k cr in Hyderabad project

At the launch, the company had sold 683 homes with a total area of 1.20 million square feet

Anil Ambani denies 'fraud' allegations after Bank of India's move

These actions are contrary to the RBI regulations issued in July 2024, as well as to well-established law and the judgments of the Hon'ble Supreme Court and the Hon'ble Bombay High Court.