Page 230 - Company News

Mahindra Industrial Park, Sumitomo Corp sign strategic deal with Osaka govt

Mahindra Industrial Park Chennai and Sumitomo Corporation sign a strategic deal with Osaka Prefecture to enhance Japanese investments, positioning Tamil Nadu as a preferred manufacturing destination

Havells India Q1 results: Net profit falls 15% to ₹348 cr, income down 6%

The consolidated total expenses of the company remained flat at ₹5,054.78 crore in Q1 FY26

Sun Pharma's psoriasis drug delivers positive results in arthritis trials

Sun Pharma's psoriasis drug Ilumya shows promising results in late-stage psoriatic arthritis trials, paving the way for potential regulatory filings and expansion into the immunology market.

Maruti Suzuki plans 500 new service touchpoints in FY26: MD & CEO

Maruti Suzuki plans to add 500 new service touchpoints in FY26, with 91 already established. The expansion aims to strengthen its post-sales infrastructure across India

Domino's tops Q2 US sales estimates on strong demand, new menu deals

The world's largest pizza chain introduced items such as the parmesan-stuffed crust pizza to its list, and attracted value-conscious consumers through deals under its rewards program

Diagnostic firm Aarthi Scans eyes North India, lines up ₹350 cr investment

Sets eyes on IPO in three years; also foraying into fitness diagnostics

Meta, Google skip ED summons in betting probe, called again on Jul 28

The tech giants are understood to have been called by the ED to understand how such illegal platforms can place advertisements on their social media and communication links

Govt approves restructuring of boards at NTPC arms THDC India, NEEPCO

Ministry of Power had proposed the appointment of a non-executive chairperson and the re-designation of the post of CMD to Managing Directors on the board of NEEPCO and THDCIL, says official document

Reliance's expansion into green energy segment sparks analyst optimism

Billionaire Mukesh Ambani's firm on Friday revealed details of progress of a $10 billion investment to build its clean energy portfolio and achieve net-zero carbon emissions by 2035

Ex-promoters seek hearing in SC against verdict on liquidation of BSPL

The top court had on May set aside the resolution plan submitted by JSW Steel for the BSPL, holding it illegal and in violation of the Insolvency and Bankruptcy Code

Honda eyes 30% share in Indian 2W market, targets more women buyers

The company's arm, Honda Motorcycle & Scooter India (HMSI), sees huge potential to grow sales among female customers, who currently account for just about 10 per cent of the overall industry sales

Alaska Airlines resumes operations after tech outage grounds all flights

The carrier experienced an IT outage that resulted in a temporary, system-wide ground stop for Alaska Airlines and Horizon Air flights" around 8 pm Pacific time Sunday

Furniture brand WoodenStreet aims to boost revenue in 3 years, mulls IPO

The CEO Lokendra Ranawat said WoodenStreet plans to triple its store count within 18-24 months, focussing on major cities, while also considering opportunities in smaller ones

L&T to set up India's largest green hydrogen plant at IOCL Panipat

L&T will supply 10,000 tonnes of green hydrogen annually to IOCL from the Panipat plant under a 25-year build-own-operate contract aimed at industrial decarbonisation

Air India Express cites safety, offers reschedule after flight cancellation

The cancellation of the flight on the Ranchi-Delhi route caused a chaotic situation at the airport here on Sunday evening, and the passengers were seen arguing with the staff about rescheduling

Burger Singh denies ₹47 cr funding, says no money has hit the bank yet

The burger chain clarifies it hasn't raised ₹47 cr yet, says the buzz stems from a routine MGT-14 filing. Founder Kabir Jeet Singh has some hilarious analogies

Reliance Consumer Products on strong growth trajectory: Reliance Retail CFO

Reliance Consumer Products is rapidly expanding its capabilities and aims to become one of India's largest FMCG companies by 2030, with significant growth in revenue and market share

Viceroy Research's claim of ₹2,500 crore sham is baseless: Vedanta

In a statement, Vedanta spokesperson said the group "strongly rejects the baseless allegations made in the report regarding Vedanta Semiconductors Pvt Ltd (VSPL)"

Azerbaijan's SOFAZ to buy 49% stake in Enfinity's Italy solar assets

SOFAZ will acquire 49 per cent of Enfinity's 402-megawatt portfolio, which includes 14 solar plants both operating and under construction across Lazio and Emilia-Romagna in central Italy

Sonal Comstar to form JV with Jinnaite Machinery to enter China EV market

The JV is expected to begin operations in the second half of the current financial year