Page 21 - Company News
Honasa Consumer expects robust FY27 growth as Mamaearth rebounds: CEO
Launched in 2016, the brand grew popular for its range of "toxin-free" mom-and-baby products such as face washes, shampoos and hair oils
 "Honasa Consumer expects robust FY27 growth as Mamaearth rebounds: CEO")
Transrail Lighting secures orders worth ₹2,350 crore in domestic market
Mumbai-based Transrail is an EPC player in the transmission and distribution (T&D) segment, along with civil, railways, poles and lighting, having a footprint across 63 countries
 "Transrail Lighting secures orders worth ₹2,350 crore in domestic market")
Mahindra LMM bets on e-autos as Udo launch targets next EV growth phase
LMM expects the electrification rate among three-wheelers to rise to 55-60 per cent by 2030 from 35 per cent at present
 "Mahindra LMM bets on e-autos as Udo launch targets next EV growth phase")
PFC, REC say merger transition smooth; merged firm to have 20% exposure cap
Power financiers say post-merger single-entity exposure limit will be 20%, expect adequate headroom for borrowings and smooth transition
 "PFC, REC say merger transition smooth; merged firm to have 20% exposure cap")
ONGC's Q3 FY26 results: Net profit increases 22% to ₹11,946 crore
ONGC's board of directors declared second interim dividend of ₹6.25 per equity. The total payout would be ₹7,863 crore for the dividend
 "ONGC's Q3 FY26 results: Net profit increases 22% to ₹11,946 crore")
Rolls-Royce to expand footprint across India's air, land, sea domains
Under the ambitious initiative, Rolls Royce is looking at more than doubling the size of the its workforce to approximately 10,000 people in India
 "Rolls-Royce to expand footprint across India's air, land, sea domains")
M&M sees green shoots in US tractor mkt as tariffs ease after trade talks
Mahindra & Mahindra expects improved competitiveness in the US as tariffs drop to 18 per cent, plans to supply inventory from bonded warehouses
 "M&M sees green shoots in US tractor mkt as tariffs ease after trade talks")
Hindustan Unilever fully buys Zywie Ventures, sells stake in Nutritionalab
USV acquires 79% in Nutritionalab for Rs 1,583 cr, including HUL's 19.8%
 "Hindustan Unilever fully buys Zywie Ventures, sells stake in Nutritionalab")
Driven by FTAs: Ashok Leyland may redraw EU and UK export playbook
Hinduja Group flagship may consider exporting electric buses from India to EU and UK markets, while expanding capacity in West Asia
 "Driven by FTAs: Ashok Leyland may redraw EU and UK export playbook")
US LNG imports hinge on pricing: Petronet LNG CEO Akshay Kumar Singh
Petronet LNG chief says any additional US LNG imports will hinge on pricing; Q3 consolidated net profit declines 2.4% to Rs 845.50 crore
 "US LNG imports hinge on pricing: Petronet LNG CEO Akshay Kumar Singh")
Wipro to hike salaries from March 1, bringing much-needed relief to staff
IT major to implement salary increments from March 1 after deferring hikes in September; percentage of increase not immediately specified
 "Wipro to hike salaries from March 1, bringing much-needed relief to staff")
Mahindra expands Chennai research valley with ₹196 crore investment
Automaker to invest ₹196 crore in expanding Mahindra Research Valley in Chennai, adding advanced R&D and testing facilities and creating 2,000 jobs this year
 "Mahindra expands Chennai research valley with ₹196 crore investment")
IDfy raises ₹476 crore to fund acquisitions and global expansion
Series F round led by Neo Asset Management will help risk and identity platform pursue acquisitions and strengthen its presence in key overseas markets
 "IDfy raises ₹476 crore to fund acquisitions and global expansion")
Shell to expand integrated gas, GCC presence in India: Country chair
$289 bn energy giant plans to sign more LNG deals and strengthen lubricants business in India
 "Shell to expand integrated gas, GCC presence in India: Country chair")
CCI imposes ₹27.38 crore penalty on Intel Corp for unfair biz practices
The penalty has been imposed on the company for abusing its dominant position in the market for Boxed Micro Processors (BMPs) for desktops in India
 "CCI imposes ₹27.38 crore penalty on Intel Corp for unfair biz practices")
Dabur opens first South India manufacturing plant, to invest ₹400 crore
FMCG major begins work on its first South India manufacturing facility at Tindivanam, Tamil Nadu, with a ₹400 crore investment
 "Dabur opens first South India manufacturing plant, to invest ₹400 crore")
Mahindra to invest ₹196 crore to expand Chennai-based R&D facility
The facility will be up and running within this calendar year, the company said
 "Mahindra to invest ₹196 crore to expand Chennai-based R&D facility")
Sanjay Dutt's The Glenwalk targets ₹200 crore revenue by March 2026
Premium Scotch brand co-founded by Sanjay Dutt aims to sell 2.4 lakh cases by March 31 and expand its portfolio with five new variants
 "Sanjay Dutt's The Glenwalk targets ₹200 crore revenue by March 2026")
Ceigall Infra secures Rs 2,160 crore NHAI HAM road project in Bihar
The project involves four-laning of the 78.94 km Sahebganj-Areraj-Bettiah stretch of NH-139W under the Hybrid Annuity Mode, with a 15-year O&M period
 "Ceigall Infra secures Rs 2,160 crore NHAI HAM road project in Bihar")
NDR InvIT Trust acquires warehousing asset in Hosur for Rs 285 crore
The Mumbai-based InvIT acquires a 1.78 msf fully leased warehousing asset in Hosur, expanding its operating area to 21.46 msf and entering its 17th city
 "NDR InvIT Trust acquires warehousing asset in Hosur for Rs 285 crore")