Page 247 - Company News

Jindal Steel Duqm to start Oman-based 5 MTPA green steel plant in 2028

The green hydrogen required for this transition is expected to come from multiple renewable energy and green hydrogen projects being developed in Duqm by the Government of Oman and private investors

Lenders ask bidders to sweeten offers for debt-laden Jaiprakash Associates

CoC in final phase of assessing resolution plans from 5 shortlisted bidders

Capgemini to acquire WNS for $3.3 billion in cash to boost AI capabilities

Capgemini acquires Mumbai-based WNS for $3.3 billion to scale agentic AI services and boost revenue, eyeing cross-sell synergies and access to key enterprise clients

IHCL brands are growing, Ginger expanding fastest: N Chandrasekaran

At IHCL's AGM, chairman N Chandrasekaran says all brands are growing, led by Ginger; EBITDA margin at 35 per cent and goal set to double revenue by 2030

Norges Bank supports ZEEL's preferential issue of convertible warrants

Norges Bank Investment Management, a major ZEEL shareholder, supports the company's preferential issue of convertible warrants to promoter group entities ahead of the EGM on July 10

Tata Steel inks MoU with InQuik to bring modular bridge tech to India

According to Tata Steel, the agreement will help expand its offerings in the infrastructure space by adding value-added construction products to its portfolio

JSW Infra to invest ₹740 cr in developing container berths at Kolkata Port

JSW Infra will develop container berths at Kolkata Port with a ₹740 crore capex, focusing on enhancing handling capacity under a 30-year concession period as part of government's port privatisation

Lodha Developers reports 10% growth in Q1 FY26 pre-sales to ₹4,450 crore

Lodha Developers reports a 10% YoY growth in Q1 FY26 pre-sales to Rs 4,450 crore, confident of meeting its FY26 pre-sales target of Rs 21,000 crore despite geopolitical challenges

ExxonMobil discovers new offshore natural gas reservoir near Cyprus

Drilling resulted in preliminary indications of 350 metres of a gas-bearing reservoir at a depth of 1.9 kilometres (1.2 miles) in the Pegasus-1 well, spokesperson Konstantinos Letymbiotis said

JSW Infrastructure bags ₹740 crore project to develop Kolkata port

The project comes with a 30‐year concession period under the government's initiative to privatise ports

HCLSoftware launches sovereign AI to enhance government data privacy

HCLSoftware's Domino 14.5 introduces a sovereign AI extension, Domino IQ, aimed at protecting data privacy for governments and regulated organisations, ensuring greater information security

Amazon banks on India's smaller cities ahead of first 3-day Prime Day sale

With a Rs 2,000 crore investment, Amazon targets smaller cities, expanding its fulfillment and delivery network to fuel growth, as it prepares for its first three-day Prime Day sale from July 12-14

HC grants relief to Galderma against infringers using 'CETAPHIL' trademark

Bombay HC issues John Doe injunction allowing Galderma to take immediate action against counterfeit CETAPHIL products; seizures made in New Delhi and Mumbai

OLX India launches Elite Buyer plan to improve second-hand deals

The subscription-based Elite Buyer Program gives users category-specific tags and verified leads to speed up responses and boost trust in second-hand transactions

Jewellery maker Titan's Q1 revenue up 19% as gold prices boost sales

Its mainstay domestic jewellery business, which contributes close to 90 per cent to its overall revenue, grew 18 per cent year-on-year, the company said in a business update

Tilaknagar Industries in talks to acquire Imperial Blue from Pernod Ricard

Over the past five years, Imperial Blue has experienced a slow decline in overall sales volumes, with a 4 per cent drop recorded during that period

Castrol India appoints Mrinalini Srinivasan as Chief Financial Officer

Srinivasan, whose appointment to the post is effective from July 28, succeeds Deepesh Baxi, who moved on from the role in March 2025 to pursue other opportunities

Future 'very strong' as India's consumption boosts travel: Tata Sons chief

The Tata Sons Chairman began his address at the Annual General Meeting (AGM) by paying tributes to those who lost their lives at the Air India plane crash recently

Central Bank stake to double bancassurance for company: Future Generali MD

State-owned Central Bank of India acquired a 24.91 per cent stake in Future Generali India Insurance for ₹451 crore

Siemens Energy Q2FY26 results: Net profit rises 36% to ₹246 crore

In March quarter, the company reported a total income of Rs 1,893.9 crore, up from Rs 1,196.8 crore in the year-ago period