Page 23 - Company News

Pidilite sees Q2 demand holding steady, rules out immediate price hikes: MD

The maker of Fevicol, Fevikwik and Dr Fixit remains confident of delivering double-digit underlying volume growth in FY27 while maintaining profitability

ONGC explores drillship buy for deepwater capacity under Samudra Manthan

The initiative is aimed at creating dedicated, priority-access deepwater drillship capacity, according to the EOI issued by ONGC

Jindal Stainless to expand coin blank capacity by 20% to meet demand

Coin blanks are produced at the country's largest stainless steel maker's Special Products Division (SPD) in Hisar under high security arrangements

Amrutanjan Health plans to set up 100,000 direct chemist outlets in FY27

The company's focus is to increase distribution touchpoints beyond its strong markets in the south and east

HDFC Bank may resort to interim arrangement till it gets a regular CEO

Among internal candidates, Bharucha still has more than two years as board member

Tata Chemicals acquires US soda ash contracts worth over 500,000 tonnes

TCNA has been declared the successful bidder in the Chapter 11 bankruptcy proceedings of SVM USA

HDFC Bank CEO Jagdishan not seeking reappointment, to retire in October

HDFC Bank MD & CEO Sashidhar Jagdishan will retire on October 26, 2026, after deciding not to seek reappointment, the bank said

Max Estates to enter Delhi housing mkt with 84 acre land deal in Najafgarh

The developer will acquire 84.71 acres in Najafgarh through a Rs 420.2 crore non-cash share swap, marking its first residential entry into Delhi

Max Estates buys 85-acre land in Delhi, eyes ₹10,000-12,000 cr revenue

The company will develop residential and commercial projects on this land parcel and expects revenue of Rs 10,000-12,000 crore from upcoming projects on the site

Meta India head Sandhya Devanathan to join OpenAI in regional role

Devanathan will be based in Singapore and oversee consumer growth, enterprise adoption, partnerships, regulatory engagement and operations across Southeast Asia and Australia

Coal India says gasification scheme rules may favour private sector players

CIL has flagged the 60-day bidding window and exclusion of captive power plants from eligible project costs, saying the rules could disadvantage it against private rivals

Infosys says public services CEO unreachable after deadly Nepal flood

Lax Gopisetty was visiting the region in his personal capacity; Infosys says it is working with relevant agencies to gather information and establish contact

Essel Group's Subhash Chandra seeks independent audit to examine his debt

Chandra addressed what he described as allegations and speculation surrounding him, his family, and the group's financial position

Vodafone Idea's customer tide turns after long slump: Trai data

The six months from February through July mark a sharp reversal for Vi. During the preceding six months, the carrier lost more than 3.6 million customers

Noel Tata, Shapoorji Pallonji discuss share swap for Tata Sons stake sale

Representatives of Noel Tata are exploring the possibility where SP Group receives shares of companies such as Tata Power in exchange for some or all of its 18.4% in the privately-held Tata Sons

Led by Tempsens Instruments, new listing returns hit CY26 high in August

Tempsens Instruments gained 93.57 per cent on its listing day, while six of the 17 mainboard IPOs listed in August ranked among CY26's top 10 debut performers

Registrar of Companies grants three months to Tata Sons for AGM

Breather may address Chandra's directorship question

Nifty IT up 3.5% as Nvidia results soothe AI infra spending fears

Investors say Nvidia's growth confirms expansion phase of AI capital spending

Blackstone to sell $1.25 billion stake in India's Knowledge Realty Trust

The investor will sell up to 11.1 million units representing 25.03% stake on Aug. 31 for non-retail investors and Sept. 1 for retail investors, according to a filing.

Purple Style Labs collects ₹306 cr from anchor investors; IPO opens Aug 31

Purple Style Labs Ltd, the parent company of Pernia's Pop-Up Shop, on Friday raised Rs 306 crore from anchor investors ahead of its Rs 680-crore IPO, which will open for subscription on August 31.