Page 228 - Company News

Renault eyes full capacity at Chennai plant, no new partner planned

In a major product launch from Renault in five years, the company on Wednesday launched a next-generation Triber priced attractively between ₹6.2 lakh and ₹8.4 lakh

Bombay High Court clears MIAL to replace Celebi at Mumbai airport

The court had in May restrained MIAL from finalising tenders to appoint new ground handling service provider amid Celebi's legal challenge to revocation of its security clearance by the central govt

Petronet seeks $1.4 bn loan to fund petrochemical plant, LNG terminal

Local lenders including Axis Bank, State Bank of India and Union Bank of India are considering to join the facility, which is among the company's largest fundraising exercises

Deepali Naair to lead Brand & Corporate Communications at Biocon Biologics

Naair will lead Biocon Biologics' global brand and corporate communications strategy as part of its executive team, reporting directly to CEO and MD Shreehas Tambe

Aditya Birla Real Estate Q1 loss at ₹25 crore; plans ₹1,500 crore fundraise

Aditya Birla Real Estate posted a Q1 FY26 loss of Rs 25.47 crore and will raise up to Rs 1,500 crore to refinance CPP debt and prepare for upcoming real estate launches

Dr Reddy's Q1 profit up 1% to ₹1,410 crore, revenue rises to ₹8,545 cr

The Hyderabad-based drug major reported a net profit of ₹1,392 crore in the year-ago period

Aurum PropTech acquires home brokerage platform PropTiger for ₹86.45 cr

In a regulatory filing, Aurum PropTech informed that the Board has approved 'acquisition of 100 per cent equity shares of PropTiger Marketing Services India Pvt Ltd, India'

Sapphire Foods Q1 results: Loss of ₹1.73 cr, revenue climbs 8% to ₹776 cr

Its consolidated revenue from operations rose 8.14 per cent to Rs 776.82 crore in the June quarter, up from Rs 718.28 crore in the year-ago period, it added

RIL's oil procurement under scrutiny as EU warns refiners using Russia oil

While it's too early to tell if Reliance will pivot dramatically away from Russia, traders say there are some initial signs of the company seeking alternatives

ED files Fema case against Myntra over ₹1,654-crore FDI policy breach

The ED files Fema case against Myntra for ₹1,654 crore FDI violation, alleges it routed retail sales via group firm Vector while posing as wholesale; complaint filed under Section 16(3)

Maruti Suzuki signs MoU with DPIIT to encourage, support startups

Upon selection, startups will benefit from expert mentorship, industry insights, and access to auto maker's extensive network

ICRA downgrades NIIF backed Radiance Renewables' long term rating

ICRA lowers long-term rating to A- and outlook to negative citing delayed capacity additions and increased reliance on mezzanine debt by NIIF-backed RRPL

SC rejects Kalanithi Maran, KAL plea seeking ₹1,323 cr from SpiceJet

Delhi High court order's upheld in long-running dispute over transfer of shares to low-cost carrier's founder

Adani Ports, 2 others vie to build 174-acre logistics park in Greater Noida

Adani Ports, Super Handlers, and Empezar Logistics are eyeing to build a 174-acre logistics park in Greater Noida, which is expected to attract an investment of ₹1,200 crore

Whirlpool India stake sale: EQT, Bain lead as Reliance, Havells step back

Private equity firms EQT and Bain Capital are leading the race to acquire a 31 per cent stake in Whirlpool India, as rivals like Reliance Industries and Havells withdraw over valuation concerns

India's Gen Z billionaires lose interest in legacy family businesses

Gen Z heirs of India's business families are increasingly opting out of legacy roles, choosing personal passions over boardrooms

GMR Airports plans record $579 mn rupee-bond sale to refinance debt

The New Delhi-based company is considering to raise the funds through a note due in 18-months to three years and will use the proceeds to refinance existing debt

TCS delays onboarding of over 600 experienced execs: NITES to govt

NITES urges Labour min to intervene after TCS delays onboarding 600 professionals, despite commitments via offer letters. It also calls for compensation and mental health support for affected hires

Rosneft's stake sale in Nayara hits European Union sanctions roadblock

Rosneft's proposed sale of its stake in Nayara Energy has encountered a significant roadblock due to the European Union's latest sanctions on Russia's oil sector

Ola Electric, TVS charge up plans to beat rare-earth magnet crunch

Ferrite magnets are now globally considered a viable and cost-effective option due to their easy availability instead of rare-earth materials like neodymium, making it an affordable option