Page 22 - Company News

Fermenta Biotech expands plant-based Vitamin D3 capacity at Dahej plant

Dahej facility to begin commercial production in FY28; company targets nutraceuticals, functional foods and import substitution

Tata Power expects to build its first nuclear plant as early as 2032

The company has shortlisted sites in at least three states to build nuclear projects and will start work after the government finalizes the rules for private companies, CEO Praveer Sinha said

L&T secures TenneT deal for Europe's 2 GW offshore wind programme

L&T and Hitachi Energy will execute offshore wind transmission projects in the Netherlands and Germany, supporting Europe's clean energy and decarbonisation goals

Tata Motors' Gujarat plant hit by floods; Nexon, Sierra output disrupted

Flooding in Gujarat disrupts operations at Tata Motors' Sanand plant and supplier facilities, with production of key passenger vehicle models affected

Indus Towers' Q1 results: Profit growth stays muted as margins flatten

Telecom infrastructure firm reports modest profit growth in Q1FY27 as expenses outpace revenue, while customer-led network expansion supports performance

Radisson Hotel Group announces 10 hotel signings across seven states

Hospitality chain expands into pilgrimage towns, wildlife destinations and metro markets through greenfield, resort and conversion projects across seven states

Lodha Developers to generate land sales of ₹10,000 cr via data centre park

Lodha Developers aims to generate ₹10,000 crore by monetising 150 acres at its Palava data centre park, while expanding its annuity business and data centre portfolio

Camso, premium push put tyremaker Ceat on growth track; costs cloud FY27

Tyre maker expects premium products, exports and Camso integration to support growth, while higher raw-material costs, freight and geopolitical risks weigh on margins

HDFC Bank's board penalises Sashidhar Jagdishan, cites biz overreach

CFO, group retail assets head also fined ₹1 lakh, warned over MSRDC deposits

A-I's transformation a 5-10-year journey: Tata Sons chairman Chandrasekaran

Air India's turnaround is a five- to ten-year journey, says N Chandrasekaran, citing fleet renewal, legacy overhaul and global supply chain challenges

Tata Sons calls AGM on August 18 amid uncertainty over lack of quorum

Chandra's second term as Tata Sons chairman runs until February 2027, and no decision has been taken on the future course of the company's leadership yet

BoB hit by cyberattack: 1 terabyte of customer data 'leaked on dark web'

State-owned lender orders a forensic audit after an employee's email account was compromised, while maintaining that its core banking systems were not accessed

Kiran Thadimarri to succeed Gaurav Negi as IndiGo CFO from July 28

IndiGo, India's largest airline, said on ​Monday it ??has appointed insider ​Kiran Thadimarri as its ‌chief financial officer, replacing Gaurav Negi

IKEA India plans 30 stores by 2030, bets on smaller formats for expansion

Furniture retailer aims to quadruple India revenue by 2030, raise local sourcing to 50 per cent and double its retail workforce as it expands across key markets

Tata Power board okays raising ₹4,500 cr via non-convertible debentures

Tata Power board on Monday approved raising of up to Rs 4,500 crore through non-convertible debentures or other debt securities in one or more currencies on a private placement basis

Haldia Petrochemicals' June fire not caused by naphtha pipeline: Probe

An independent committee, including specialists in industrial and fire safety, concluded that the incident was a vapour-cloud fire with a mild explosion triggered by an unidentified ignition source

Canara Bank Q1FY27 results: Net profit rises 2.2% to ₹4,856 crore

State-owned lender reports steady quarterly earnings as higher net interest income offsets lower treasury income, while asset quality and loan growth continue to improve

Wipro, Databricks expand partnership to help firms scale enterprise AI

As part of the collaboration, the IT services company has created a dedicated Databricks business practice to develop industry-specific AI solutions and accelerators

Bank of Baroda's customer data, internal documents leaked on dark web

The leaked data includes customer details, identification documents, loan papers and internal audit records, said cybersecurity researcher Srikanth L, founder of Cashless Consumer

Eureka Forbes targets ₹5,400-5,600 crore revenue, triple Ebitda by FY30

The company is banking on innovation, deeper market penetration and stronger omnichannel capabilities to accelerate growth from FY27 onwards