Page 233 - Company News

ixigo Q1 net profit rises 28% to ₹19 crore, revenue up 73% at ₹314 crore

Driven by higher train and bus ticket bookings, ixigo posted strong Q1 earnings, while its AI agent TARA now handles over 60 per cent of voice calls on its platform

Greenlam to invest ₹1,147 crore in Andhra for South's largest laminate unit

Andhra government will provide incentives of around Rs 329 cr to the company

Cabinet approves ₹7,000 crore NLCIL investment in renewables push

Centre eases investment restrictions for NLCIL, enabling 10 GW renewable energy target by 2030 and transfer of existing assets to new clean energy subsidiary NIRL

LAT Aviation has not bought any private jet, clarifies Deepinder Goyal

Earlier, a media report claimed that Goyal-backed LAT Aerospace has bought a Bombardier Global jet. The aerospace startup, co-founded by Surobhi Das, is in the regional aviation space

Swiggy launches high-protein food category across 30 cities in India

Food-delivery platform launches curated section with over 500,000 protein-rich dishes from 35,000 restaurants as India faces widespread protein deficiency

Dixon Technologies' China playbook faces crucial Centre's FDI test

The note states that any investment or transfer of ownership from countries sharing a land border with India

IHCL acquires additional stake in subsidiary ELEL Hotels for ₹165 crore

The acquisition was made at an issue price of ₹5,000 per share, the company said in a BSE filing

BofA positive on Vedanta on improving credit profile, attractive valuation

The firm's report follows allegations by a US-based short seller Viceroy Research of Vedanta Resources' structural subordination, reliance on brand fees/dividends to service debt

AM/NS India commissions auto steel line at Hazira plant to reduce imports

Hazira facility can produce high-strength steel of up to 1,180 MPa for automotive use; part of Rs 8,500 crore expansion to lift downstream capacity to 5 mt

Tech Mahindra Q1 results: Profit up 34% to ₹1,141 cr, revenue edges up

Revenue from operations for the first quarter of FY26 came in 2.65 per cent higher at Rs 13,351.2 crore, as against Rs 13,005.5 crore in the year-ago period

Schneider Electric mulls buying Temasek's 35% stake in Indian JV

Schneider is in talks to buy the 35 per cent stake held by the Singapore state investment company in Schneider Electric India Pvt for about $1 billion

ITC Hotels Q1 FY26 result: Net profit jumps 54% to ₹133 cr, revenue up 15%

Meanwhile, the company's profit declined sequentially by 48.2 per cent compared to ₹256.90 crore in the March 2025 quarter

NTPC gets approval to invest up to ₹20,000 crore in renewable energy push

Centre raises NTPC's investment ceiling via NGEL to accelerate renewable energy capacity addition, supporting India's goal of 500 GW non-fossil power by 2030

Pipeline Infrastructure, Crown LNG sign MoU for pipeline connectivity in AP

The MoU was signed on July 10 by PIL Managing Director Akhil Mehrotra and Crown LNG Holdings Ltd CEO Swapan Kataria

Biocon Biologics expands diabetes portfolio with FDA approval for Kirsty

Interchangeable biosimilar to NovoLog in the US and will be available in prefilled pens and vials

Karnataka proposes ₹200 cap on movie tickets; PVR Inox faces revenue hit

Proposed pricing rule could cut average ticket price by 30% in Karnataka, impacting topline and Ebitda for movie theatres

Shapoorji Pallonji Real Estate to build ₹800 cr residential project in Pune

VANAHA Verdant spans 10 lakh sq ft and is close to major IT hubs and key infrastructure, says company

Theobroma set for ownership change as ChrysCapital nears 90% stake buy

Aqua Investments, Infinity Partners, and Atreides Investments BV seek CCI approval to acquire stake in Theobroma; deal part of ChrysCapital's planned ₹2,410 crore majority buyout

Cinepolis bets on blockbusters to drive double-digit India revenue growth

Western studios are counting on this summer to reverse a downtrend worsened by the 2023 Hollywood writers' strike

HDFC Bank board to consider bonus issue, special dividend on July 19

Shares of HDFC Bank gained 1.33 per cent to touch a high of ₹2,021.90 in the early morning trade after the company's announcement on BSE