Page 256 - Company News

Hyatt signs $2 bn deal with Tortuga to sell Playa's real estate assets

Hyatt had entered into a deal to buy Playa, which operates 24 high-end, all-inclusive resorts across Mexico, Jamaica and the Dominican Republic

Hindustan Zinc contributes ₹18,963 cr to govt exchequer in FY25, shows data

The FY25 contribution of ₹18,963 crore by Hindustan Zinc included ₹4,154 crore in government royalties, ₹3,619 crore as corporate dividend to the government, ₹5,963 crore in indirect taxes

Vodafone Idea expands 5G coverage to 23 more cities across India

Vi has already launched 5G service in five cities -- Mumbai, Delhi-NCR, Bengaluru, Chandigarh, and Patna

SKF India plans to invest up to ₹1,460 cr by 2030 to boost manufacturing

SKF India is looking to invest a total of ₹800 crore to ₹950 crore on channel expansion to meet the growing demand in India and construction of a new plant in Pune by 2028

HUL chairman urges India Inc to drive inclusive, eco-friendly growth

Paranjpe called period from 2014 to 2024 as the "decade of India's economic resurgence" which aligns with the vision of a Viksit Bharat' (Develope India) by 2047

Reliance Infra, Coastal Mechanics tie up to tap India's defence MRO sector

According to a statement by Reliance Infrastructure, the partnership will focus on lifecycle support for a range of platforms used by the Indian Armed Forces

AU Small Finance Bank partners with LIC to broaden life insurance reach

AU Small Finance Bank partners with LIC to distribute life insurance products across 2,456+ branches, aiming to boost financial inclusion and support the 'Insurance for All by 2047' initiative

HCLTech, OpenAI collaborate to drive large-scale enterprise AI adoption

HCLTech signs multi-year collaboration with OpenAI to drive enterprise adoption of generative AI, embedding models across platforms and internal operations

Accenture LearnVantage, IIT Madras team up to skill talent for SDV domain

Accenture LearnVantage and IIT Madras's CAAR launch training programme to equip OEMs and GCCs with talent for building software-defined vehicles across key systems

Ample Parks launches 71-acre industrial park in Mahindra World City

With Rs 800 crore investment, Ample Parks unveils Chennai park with 2.1 mn sq ft leasing space and eyes 10x expansion across tier 1 and 2 cities in 5-7 years

Sona Comstar plans domestic magnet production to reduce China imports

India, which has the world's third-largest car market and its fifth-largest reserves of rare earths, is working on a new program to incentivise magnet production locally to wean off China

LTTS, Thyssenkrupp to set up automotive software development centre in Pune

The strategic partnership will drive development of safety-critical software and next-gen steering systems for global markets, strengthening India's role in mobility innovation

Urban Vault to invest ₹100 crore in FY26 to expand co-working footprint

The company adds over 700 desks in Gurgaon and plans to close FY26 with an annual run rate of ₹250 crore, with further expansion across Noida, Pune and Bengaluru

Jumbotail raises $120 million in funding round led by SC Ventures

The company will invest the capital to build AI-native solutions and capabilities to cement its leadership

Delhi developer Anant Raj to invest $2 billion on India data center boom

Anant Raj's move follows ambitious plans by India's top business houses Adani Group and Reliance Industries Ltd. to expand their footprint

Adani Ports unit plans to raise ₹3,000 crore via local currency bonds

If completed, the ports unit will have borrowed at least $1 billion since May, following an earlier bond sale and a bilateral loan

India poised to emerge as global manufacturing powerhouse: M&M Group CEO

India stands uniquely poised to emerge as a global manufacturing powerhouse amid the challenging geopolitical environment, according to Mahindra & Mahindra Group CEO and Managing Director Anish Shah.

Curious about how Amazon delivers? Free fulfilment centre tours coming soon

Starting Q4 2025, Amazon will offer 45-60 minutes guided tours of its fulfilment centres in India, showcasing the technology and processes behind its order storage, packing, and shipping

MiPhi launches India's first locally designed, manufactured enterprise SSDs

The Micromax-Phison JV debuts enterprise-grade SSDs made entirely in India, aiming to power data centres, AI infrastructure, and cloud computing with homegrown tech

Embassy REIT secures ₹1,550 cr via NCDs, loans to refinance existing debt

In a regulatory filing on Monday, the company said it has "raised Rs 1,550 crore through a combination of Non-Convertible Debentures (NCDs) and term-loan facilities"