Page 22 - Company News

Cipla, Stempeutics launch stem cell therapy for knee osteoarthritis

Approved by the Drug Controller General of India (DCGI), the treatment offers to slow disease progression and promote cartilage maintenance for patients with Grade II and III knee OA

IndiGo reports flight delays, cancellations due to tech issues, congestion

Civil aviation ministry data shows that IndiGo had an on-time performance of only 35 per cent on Tuesday, placing it among the lowest performers compared to its peers

JM Financial Home Loans targets 30% annual AUM growth to FY27

JM Financial Home Loans aims to scale AUM to Rs 5,000 crore by FY27, driven by branch expansion, higher ticket sizes and tighter early-stage delinquency controls, MD & CEO Manish Sheth said

Sun Pharma unit to invest ₹3,000 cr for new plant in Madhya Pradesh

Shares of Sun Pharma on Wednesday ended 0.43 per cent higher at Rs 1,805.70 apiece on BSE

Japan's JFE Steel to invest Rs 15,750 cr in JV with JSW Steel's BPSL

The joint venture (JV) will include JSW Steel's arm Bhushan Power & Steel Ltd's (BPSL) integrated steel plant, situated in Odisha

Anthropic taps IPO lawyers as it races towards listing ahead of OpenAI

Anthropic has held early, informal talks with major investment banks about a potential public listing, though it has not selected any banks yet

Migsun to invest ₹250 cr to build commercial project on Yamuna Expressway

The company said it has launched a commercial project, comprising retail and office spaces, on the Yamuna Expressway corridor

Ola Electric deploys 250-member taskforce to clear service backlogs

The team comprises technicians and operational specialists led by the core leadership team, to clear pending repairs

Embassy REIT signs deal to acquire Bengaluru office space for ₹852 crore

Embassy Office Parks REIT will buy a fully leased 0.3 million sq ft office asset at Embassy GolfLinks, Bengaluru, for Rs 852 crore. The deal is seen as accretive to DPU and NOI

Blinkit rolls out 'add items after ordering' feature as qcom race heats up

Blinkit has rolled out a new feature that lets users add items after ordering while it is still being packed, without extra delivery charges, said CEO Albinder Dhindsa

Mahindra Lifespaces secures ₹1,010 cr redevelopment project in Mumbai

Work will 'transform' existing housing cluster into a modern community, says company

Adani Group plans to invest $15 bn to boost passenger capacity at airports

The expansion ties in with a projected increase in India's air traffic, with passenger numbers expected to more than double to 300 million annually by 2030

In AI race, Apple Inc hands baton to B'luru graduate Amar Subramanya

Apple has hired Bengaluru-born AI expert Amar Subramanya as its new AI vice-president, signalling a major push to accelerate its machine learning and foundation model ambitions as leadership shifts

Hudco eyes end-to-end role for ULBs to drive ₹1 trn Urban Challenge Fund

State-run company plans to finance $500 million in greenfield metro projects this financial year

Suchi Semicon to begin supply of automotive, power chips next year

Suchi Semicon will start packaging QFN and power semiconductor chips at its Surat OSAT plant, with supplies beginning in January 2026, as it scales output and pursues incentives under India's ISM plan

Pernod Ricard India expects double-digit growth, backed by new launches

Pernod Ricard India expects low double-digit growth over the next five years, supported by the Imperial Blue divestment and new launches such as Seagram's Xclamat!on, CEO Jean Touboul said

Eyeing EV top spot, Maruti to set up 100K charging points, launch new range

In line with this vision, by 2030, the company aims to establish a network of over 1 lakh charging points in partnership with dealers and charge point operators, he added

Cashfree ties-up with JP Morgan Payments to enable cross-border payments

Payments firm Cashfree on Tuesday announced a collaboration with J.P. Morgan Payments as part of its commitment to building a borderless payments ecosystem.

Maruti installs 2,000 exclusive EV charging points across 1,100 cities: MD

Maruti Suzuki builds a 2,000-point EV charging network across 1,100 cities as it prepares to launch the five-star-rated e-Vitara in 2026 and ramps up nationwide electric mobility support

Kartik Sharma named CEO of Omnicom Media; Sashi Sinha strategic advisor

Omnicom's $13-billion takeover of IPG reshapes India's ad market as Kartik Sharma takes charge, leadership resets unfold, and global job cuts follow the mega consolidation