Page 21 - Company News

Sony Honda Mobility cancels EV development project, to refund early buyers

Sony Honda will issue full refunds to those who have made reservations for what was to be its first model, the Afeela 1, in California

Fullife Healthcare raises Rs 300 crore from Elev8 Venture Partners

The consumer health firm will use the funds to scale brands like Fast&Up and Chicnutrix, expand into new segments and strengthen global market presence

Maruti Suzuki India to scale up rail-based dispatch to 35% by FY31

The company's Manesar in-plant railway siding has reached 100,000 vehicle dispatches since the start of operations in June 2025

Tata Power commissions 400 kV Tanda-Gonda, Gonda-Basti lines in UP

With this milestone, the company has now commissioned all Extra High Voltage (EHV) transmission lines and substations under the South East UP Power Transmission Company Limited project

ONGC plans $20 billion deepwater push amid energy security concerns

ONGC plans to spend $18-20 billion to hire deepwater rigs in its largest exploration push, seeking drillships and semi-submersibles for up to five years to boost production

OnePlus India CEO Robin Liu resigns to pursue 'personal passions'

The development comes as the company works to recover from the ongoing decline in shipments

HDFC Bank appoints law firms to review Chakraborty's resignation letter

Bank's shares recover on Tuesday; one of the executives sacked by the bank is appealing against decision

Reliance buys 5 million barrels of Iranian oil after US waiver: Report

The Trump administration on Friday issued a 30-day sanctions waiver for the purchase of Iranian oil already at sea

Education tech company PhysicsWallah to acquire stake in exam prep platform

The deal is currently in the final stages and if it goes through, it would mark the company's first acquisition post its public listing which happened in November last year

JP Morgan appoints HSBC veteran Rahul Badhwar as senior country officer

Sjoerd Leenart, J P Morgan's chief executive for Asia Pacific, made the announcement about Badhwar's appointment

'Moving beyond 10-minute race': Zepto launches Pay Later facility

According to the product interface shared by the company, the service provides instant credit of up to ₹10,000

Prosus, Accel pick six startups for Atoms X deep-tech LeapTech cohort

Early-stage ventures span climate infrastructure, satellite communications, healthcare and space systems, with focus on long-horizon deep-tech innovation

SBI Card's share in credit card spends rises to 17.6% in Apr-Feb 2026

Analysts said the decline in private banks' share was largely driven by contraction among small and mid-sized lenders, while leading private banks broadly maintained their positions

LPG crisis: HungerBox invests ₹3.5 crore in shift to electric cooking

HungerBox has invested Rs 3.5 crore in electric cooking systems to tackle LPG shortages and support food partners, ensuring continuity amid supply disruptions

Aditya Birla Fashion names Suraj Bahirwani as Pantaloons' CEO-designate

Bahirwani will succeed incumbent Sangeeta Tanwani from October 1, 2026, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing

Nikon India opens Experience Zone in Chennai to boost creator engagement

The Experience Zone at Kanchan Films in the city offers access to Nikon's latest imaging portfolio, including mirrorless Z-series cameras, DSLR cameras, COOLPIX range and accessories

Coal India plans two washeries, ammonium nitrate plant in Odisha

Coal India plans two washeries and a coal gasification-based ammonium nitrate plant in Odisha to boost value addition and reduce raw coal transport

Jindal Stainless commissions Indonesia melt shop, plans ₹900 cr capex

Jindal Stainless has commissioned a 1.2 MTPA melt shop in Indonesia and plans Rs 900 crore investment to expand downstream cold rolling capacities

Blackstone-backed ASK Property Fund exits Mahagun's project for ₹650 cr

ASK Property Fund has exited Mahagun's Noida project with Rs 650 crore, earning a 21 per cent IRR, as the stalled development sees revival following NCLT relief

Hindustan Power secures LoI for platinum exploration block in MP

Hindustan Power has secured an LoI for a platinum group elements block in Madhya Pradesh, marking its entry into critical minerals exploration and diversification