Page 244 - Company News

Daimler Truck targets over 60,000 units to scale up operations by 2030

India to become a strategic base for Daimler Truck's global operations in manufacturing, R&D and exports under its Unlock Full Potential transformation plan

Dabur India eyes double-digit CAGR by FY27-28 with wellness focus

Dabur to deepen bets on power brands, health and wellness, and rural expansion to achieve sustainable double-digit growth by FY27-28, says its annual report

Manipal Hospitals to acquire Sahyadri Hospitals from Ontario Teachers' fund

The acquisition will bring Manipal's total bed count to about 12,000, making it one of India's largest hospital networks, the Bengaluru-based healthcare major said in a statement

Illinois Tech's Mumbai campus aims for 300-student inaugural batch in 2026

India campus tuition fee may be a third of US campus fee

No immediate production impact due to rare-earth crunch: JSW MG Motor

Company says parts pipeline remains steady for now as orders placed in April are arriving; rare-earth supply disruption remains under close watch for future impact

Clarity on global trade issues to decide future investments in India: Cisco

Chuck Robbins says Cisco views India as a key export and R&D hub but will wait for clarity on global trade policies before committing to further investments

JSW Energy joins FTSE4Good index for strong ESG and sustainability focus

FTSE Russell evaluations are based on performance in areas like Corporate Governance, Health & Safety, Anti-Corruption and Climate Change

HDFC Bank reduces MCLR by 30 bps to 8.80% across tenures, effective July 7

Bank's MCLR now ranges from 8.60% to 8.80% across maturities after RBI slashed policy repo rate by 100 basis points since February

Oil India, GAIL extend 15-year gas supply deal from Rajasthan fields

The supplied gas will be used by the state-run Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for the production of power

Anthem Biosciences expands manufacturing capacity ahead of ₹3,395-cr IPO

CRDMO firm Anthem Biosciences expands peptide and API production, with Unit 4 under development, as it prepares for a Rs 3,395-crore IPO opening on July 14

Adani Group in talks with MUFG to raise $250 million via offshore loans

Two units of Adani Group are in advance talks to raise about $250 million from Mitsubishi UFJ Financial Group through separate bilateral offshore loans, according to people familiar with the matter

Tata Projects eyes order book of over Rs 60,000 cr from infra biz by 2030

The business' order book as of March 31, 2025, stood at around ₹30,000 crore, featuring projects across segments like transport infrastructure, residential, commercial, and industrial real estate

Asian Paints divests entire stake in Akzo Nobel India for ₹734 crore

The transaction, executed via the bulk deal mechanism at ₹3,651 per share, fetched Asian Paints approximately ₹734 crore

Sattva Group to invest ₹1,500 crore in 30-acre mixed-use project in Vizag

Sattva Group said it intends to contribute to Andhra Pradesh's growth story, and the campus, once operational, is expected to generate over 25,000 direct employment opportunities

IndianOil-Adani Gas to raise $161 million via convertible bond sale

The fund raising comes as the government plans to increase the share of natural gas in the energy mix to 15 per cent by 2030, from 6 per cent at present

AI-powered scams target Prime Day 2025 shoppers as online fraud surges

Scammers use AI to create fake Amazon sites and impersonation texts during Prime Day, with 96 per cent of Indians shopping online and concern growing over fraud

Adani Enterprises' ₹1,000 cr bond issue fully subscribed in just 3 hours

The non-convertible debenture issue, which opened on Wednesday and was to close on July 22, may see early closure due to the issue being fully subscribed

IIM Ahmedabad, Novo Nordisk India partner to boost obesity care ecosystem

As a part of this collaboration, Novo Nordisk India (NNIPL) and IIMA will co-develop and implement impactful programmes under three key pillars

Zepto set to raise $500 mn in new funding round, valuation to touch $7 bn

Zepto's $450-500 million funding round is likely to be led by General Catalyst and Avenir, with efforts to boost Indian ownership ahead of its IPO by attracting domestic investors

CCI imposes ₹4 lakh fine on Carlyle, Bequest for flouting competition norms

The competition watchdog found that Carlyle and Bequest's "combination did not meet the criteria of Green Channel prescribed under schedule III of the combination regulations," the CCI said