Page 24 - Company News

Equitas Small Finance Bank looking to offload ₹352 bad loans to ARCs

The bank plans to sell ₹308 crore of stressed loans comprising 9,194 accounts on a cash or cash-and-security-receipts basis

Metropolis launches GLP-1 monitoring test packages, targets obesity market

Metropolis Healthcare has rolled out three TruHealth GLP-1 test packages for patients preparing for or undergoing obesity treatment, as diagnostics firms move to tap the fast-growing segment

Fireside Ventures raises $253 mn for new fund to back consumer brands

Rising incomes and rapid urbanisation are expected to fuel strong growth in India's consumer market

Adani Enterprises completes ₹231 cr acquisition of Trade Castle Tech Park

AdaniConneX (ACX), a joint venture of Adani Enterprises Ltd and data centre operator EdgeConneX, had executed a share purchase agreement on November 21, 2025 with TCTPPL

S&P raises Vedanta's outlook to 'positive' on strong earnings, lower costs

It has also noted the lower interest expenses at the holding company level, that will aid in deleveraging the balance sheet

Razorpay secures RBI's PA-CB licence to enable cross-border payments

Razorpay has received RBI's PA-CB licence, allowing Indian businesses to send and receive cross-border payments easily, supporting exporters and global firms

Bajaj Auto gets ₹34.74 crore tax demand over spare parts classification

The order issued by the office of Deputy Commissioner, Rudrapur, Uttarakhand, also imposed a penalty amounting to ₹3.47 crore, the Pune-based firm said in a regulatory filing

Air India flew 8 times without airworthiness licence: Here's what it means

The incident raised concerns as it came months after the deadly London-bound Dreamliner crash in June that killed 260 civilians

Swiggy plans $10,000 cr share sale next week, three banks shortlisted

Swiggy's board approved plans on Nov. 7 to raise up to ₹10,000 crore through a qualified institutional placement, subject to shareholder and regulatory approval

SC rejects Reliance plea over ₹30 lakh fine for not disclosing Jio-FB deal

In June 2022, Sebi imposed a penalty of ₹30 lakh on Reliance Industries for not making a prompt clarification to stock exchanges regarding the Jio-Facebook deal

Reliance Retail completes restructuring, FMCG business moved to new unit

Upon allotment of equity shares, the entire pre-scheme paid-up share capital of New RCPL held by RRVL shall stand cancelled and reduced, without any consideration

DeepSeek unveils 2 new models, claims performance on par with GPT-5, Gemini

The latest launch comes as the Hangzhou-based company didn't deliver any powerful models while its rivals, Google's Gemini and OpenAI's ChatGPT, gained a lot of traction with their latest models

IITs bar over 20 companies from placement drive for cancelling job offers

IITs across the country jointly agreed to blacklist these companies for the current placement cycle. Placement cells had still attempted to help affected students despite the delay

Wipro acquires HARMAN's digital transformation solutions unit for $375 mn

Under the agreement, more than 5,600 DTS employees, including senior leadership, across the Americas, Europe, and Asia, will move to Wipro, the company had said at that time

Reliance completes merger of Star Television Productions with Jiostar

JioStar is the joint venture created after the merger of the media business of Reliance and the India business of global media giant Walt Disney in November 2024

Amazon's qcom blitz: 2 new dark stores a day, 300 by year-end across 3 cities

The e-commerce major will set up 300 dark stores in 3 metros by year-end, even as rivals like Blinkit and Zepto raise money and expand nationwide

Finfactor raises $15 million in Series A, led by WestBridge Capital

Funds will boost analytics, product development, and support Finvu Account Aggregator's growth in lending and wealth management

Bombay High Court dismisses petition against WeWork India IPO approval

The petition alleged that WeWork India reported heavy losses and a negative net worth while presenting an overly optimistic growth outlook without adequately disclosing associated risks

Why Tata Steel wants a helping hand in the UK as challenges mount

The Indian steelmaker's aim to turn around its UK operations faces challenges from the external environment

IRB Infrastructure approves sale of Gandeva Ena project for ₹513 crore

IRB Infrastructure, in a statement, said it will receive Rs 513 crore as 100 per cent equity consideration from the IRB InvIT Fund upon completion of the transfer