Page 21 - Company News

Amazon opens first fulfilment, sort centres in Varanasi for festive season

Amazon said the Varanasi expansion is part of its nationwide network expansion, involving 20 new fulfilment centres, six sort centres and 150 last-mile delivery stations

Instamart plans to expand battery-swapping stations network to boost EVs

Instamart is working with Yuma Energy to bring battery-swapping infrastructure closer to delivery partners by providing space at its PODs (dark stores) for Yuma's swapping stations

SP Group's funding squeeze persists amid uncertainty over Tata Sons IPO

SP Group is in talks with lenders to exercise a so-called greenshoe option on an existing ₹21,350 crore facility that would allow it to raise an additional ₹3,500 crore

400 Wipro trainees face over 5-yr wait for full-time roles after hiring

Wipro has reportedly delayed permanent onboarding for at least 400 WILP trainees, some of whom may now spend more than five years in the programme before becoming full-time staff

Airtel Money files for potential London IPO of at least $800 million

The mobile payments firm, part of Airtel Africa Plc, said on Wednesday that it is considering listing on the London Stock Exchange

Five pivotal figures shaping the battle for $185 billion Tata Group

On one side is family patriarch Noel Tata, who heads Tata Trusts, on the other is N Chandrasekaran, Tata Sons' chairman with no links to the founding family but a slew of powerful corporate backers

Dixon Technologies eyes growth beyond smartphones to add global clout

The contract manufacturer is seeking higher margins by making electronics components like camera modules, while deepening its smartphone and laptop production

Tumult at Bombay House: Tata Sons, Trusts were ready for casting vote clash

While legal opinion to Tata Sons is dated Sep 16, Tata Trusts had it for over three months

Tumult at Bombay House: Many ways to split Tata Sons' sprawling empire

Noel Tata proposes carving up the group's ₹1.8-trillion asset portfolio into smaller, sector-specific entities to bypass the central bank's mandatory public listing threshold

DGCA doing operational, financial checks on SpiceJet: Aviation Min Naidu

Aviation watchdog DGCA is carrying out the operational and financial scrutiny of budget carrier SpiceJet to ensure that passengers do not face any inconvenience, Civil Aviation Minister Naidu said

Runwal Enterprises aims to boost balance sheet via ₹500 crore issue

The Mumbai-based developer plans to use IPO proceeds to repay debt, invest in subsidiaries and fund acquisitions as it pursues an asset-light growth strategy

Samsung India profit falls 36% to ₹7,228 crore; mobile revenue declines

Samsung India Electronics profit declined 36 per cent to Rs 7,228.10 crore for the financial year ended March 31, 2026, according to a RoC filing by the consumer electronics major.

Indian semiconductor market at inflection point, says NXP CTO Lars Reger

NXP CTO Lars Reger says connected smart devices will boost chip demand, while physical AI, automotive systems, smart appliances and payments offer opportunities

Mahindra expects Thar, Thar Roxx volumes to rise at least 10% in 12 months

Mahindra has raised monthly capacity for the Thar and Thar Roxx to around 11,000 units and built more than 30 days of inventory ahead of the festive season

Binance invests $100 mn in Circle, expands partnership to promote USDC

The five-year partnership will see Binance promote USDC across its global platform, particularly in emerging markets, while Circle provides infrastructure services

SC reserves verdict on states' power to impose additional tax, surcharge

A seven-judge Constitution Bench is examining whether states can impose a surcharge, additional tax or cess on sales or purchases based on an existing tax

JSW eyes 100,000-unit electric CV capacity by 2030 with AMPSTAR push

Rs 2,000-cr initial investment in AMPSTAR; group bets fleet economics, captive demand will drive e-truck adoption

Tata Sons split may offer legal route, but RBI nod remains a key hurdle

Experts say an NCLT-approved restructuring may be legally feasible, but it would not by itself override RBI requirements or remove Tata Sons' listing obligation

SC issues notice on challenge to NCLAT ruling on convening company EGMs

The dispute concerns when the NCLT can direct an extraordinary general meeting under Section 98 of the Companies Act and whether other remedies must first be used

German Green Steel, Power IPO to open on Sep 25 with price band of ₹132-139

German Green Steel and Power Ltd will hit the primary market on September 25 with a Rs 304-crore initial public offering (IPO)