Page 25 - Company News

Singapore court sentences Byju's founder to six months in jail for contempt

Founder Byju Raveendran says settlement discussions are near conclusion and rejects what he called a misleading portrayal of the case

Red Balloon Aerospace launches India's 1st domestic super-pressure platform

Founded in 2025, Red Balloon Aerospace achieved operational commercial flight in just eight months, marking one of the fastest development timelines in the global near-space sector

MedTherapy bets on low-cost CAR-T manufacturing with Noida CDMO push

Boston-headquartered MedTherapy Biotech is expanding its India manufacturing footprint while preparing clinical trials for a lymphoma-focused CAR-T therapy with Cipla

29 deals, over $40 billion: Demergers in India hit 10-year high in 2025

Indian firms are increasingly opting for demergers as investors reward focused businesses and simpler corporate structures

Decade on, IBC still has miles to go despite stronger framework

A decade after the IBC transformed India's debt recovery framework, mounting delays and falling recoveries are testing the reform's effectiveness

SC junks ₹202 crore penalty on Amazon by CCI in Future Coupons case

The Supreme Court set aside the Competition Commission of India's penalty on Amazon over its Future Coupons investment and directed refund of the recovered amount within eight weeks

Pernod hid Scotch composition, age to pay lower tariffs: Tax authorities

Pernod is seeking to quash a September decision by arguing that ​it was not given access to key pricing data in the investigation

Edtech firm PhysicsWallah to invest ₹120 crore in NBFC arm FinZ Finance

PhysicsWallah steps deeper into fintech with a ₹120 crore infusion into its NBFC arm FinZ Finance, expanding student-focused lending within its education ecosystem

ONGC says gas to drive revenue growth; ₹33,000 crore projects underway

New well gas constituted 17 per cent of production and 21 per cent of revenue in FY26 from ONGC nomination gas portfolio

Sanofi unveils AI-powered platform for early rare disease detection

Sanofi's AI-powered AccelRare platform aims to help doctors identify rare diseases faster and improve referrals to specialist treatment centres in India

SBI to combine branches, digital platforms for omni-channel banking

Aspires to emerge as India's leading wealth architect, says Chairman Setty

JSW Steel breaks ground on ₹1 trillion steel mill in Odisha's Paradip

13.2 mtpa plant coming up on land once earmarked for South Korea's Posco

HDFC Bank denies inappropriate payments allegation, shares fall

HDFC Bank rejected allegations of inappropriate payments to a Maharashtra government agency as its shares declined amid renewed scrutiny over governance concerns

Byju Raveendran gets six months in jail for contempt of court in Singapore

Byju Raveendran was ordered to serve jail time after the court said he had disobeyed multiple orders related to his assets dating back to April 2024

Ola Electric secures regulatory approval for commercial e-scooter launch

The vehicle appears to be based on Ola Electric's existing S1 platform but configured for commercial use cases such as food delivery, quick-commerce logistics and urban fleet operations

SC sets aside CCI's ₹202 crore penalty on Amazon in Future Group deal

The top court said if any amount was deposited or recovered from Amazon pursuant to these orders, the same be refunded within eight weeks

Growth-stage VC firm Physis Capital closes its maiden ₹400 crore fund

Growth-stage VC firm closes maiden ₹400 crore fund and gears up for a ₹2,000 crore second fund focused on tech-led startups and deep-tech bets

Aviva Life targets 3x jump in annualised new business premium in 5 years

The insurer currently has around 350,000 customers and plans to increase annual customer additions from nearly 25,000 at present to 50,000 initially, before gradually scaling up to 75,000

Tata Sons board takes close look at new-age businesses; next meet June 12

No talk on Chandra's term or listing at meeting called on Noel's behest

Priority postpaid plans compliant with net-neutrality norms: Airtel

The telecom operator told the government its priority postpaid plans are compliant with TRAI and DoT norms and do not degrade service quality for prepaid users