Page 26 - Company News

WFH, travel curbs: Maruti Suzuki India steers into energy-saving mode

As on March 31, 2025, MSIL had 19,966 regular employees and 33,811 non-regular employees on its rolls, as per the company's annual report

Sun Pharma's Unloxcyt posts 50% response rate in skin cancer study

Updated data from the CK-301-101 trial showed durable responses and manageable safety profile in patients with locally advanced cutaneous squamous cell carcinoma

Govt approves Skymap Pharma's ₹121 crore bid for IMPCL stake sale

The Centre approved Skymap Pharmaceuticals' Rs 121 crore bid for the strategic sale of its stake in Indian Medicines Pharmaceutical Corporation Ltd

Govt to sell up to 2% stake in Coal India via OFS from Wednesday

The sale of up to 2 per cent stake or about 12.32 crore shares at ₹412 apiece would fetch about ₹5,000 crore to the exchequer

Slice Small Finance Bank posts first-ever ₹48.4 crore net profit in FY26

The Bengaluru-based lender turned profitable following its merger with North East Small Finance Bank, with total income more than doubling in FY26

Fundamentum spins up AI, deep-tech investing platform with ₹2,000 cr fund

New vehicle, backed by anchor investor Nandan Nilekani, will target frontier technologies across consumer, enterprise and physical AI and oversee up to ₹1,000 crore in co-investments

MobiKwik gets RBI nod for offline payment aggregator licence expansion

The fintech firm plans to scale its merchant payments business tenfold by FY28 after receiving the RBI's in-principle nod for a Payment Aggregator-Physical licence

Yet to see slowdown in sales post govt's gold directives: Titan MD

Titan said it will take another four to six weeks to assess the impact of higher gold import duty and the PM's appeal to reduce gold consumption on consumer sentiment

NHPC raises ₹2k crore at tight coupon of 7.67% through 15-year bonds

The state-run power company attracted bids worth Rs 8,700 crore for its 15-year bond issue amid strong demand for top-rated long-duration debt instruments

Union Bank approves ₹8,000 crore capital raise through debt, equity mix

In a BSE filing, Union Bank said the board has approved raising of debt capital through Basel III-compliant additional Tier 1 bonds and/or Tier 2 not exceeding ₹5,000 crore

RBI, credit-rating firms assess West Asia conflict risks on India Inc

The consultations were aimed at evaluating conditions on the ground so authorities would not be caught off guard if the conflict deepens

'Does not breach net neutrality': Airtel defends Priority Postpaid service

Priority Postpaid is implemented in a content-neutral manner and is fully consistent with the existing TRAI and DoT framework, the company said

Adani Green Energy expands battery storage capacity to 3.37 GWh at Khavda

AGEL's 3.37 GWh BESS can store enough clean energy to power nearly one million homes for an entire day, supporting peak electricity demand of cities like Indore, Chandigarh or the entire state of Goa

Tata Sons board to meet on Tuesday; discussions on loss-making firms likely

In FY25, Tata group's unlisted businesses posted a loss of ₹10,905 crore, which is likely to go up to ₹29,000 crore, according to reports

Hindalco expansion plans could bridge India's copper supply gap: MD

Hindalco Managing Director Satish Pai says new smelting, recycling and exploration projects could help India eliminate refined copper import dependence within two years

JSW to commence work on ₹1 trn, 13.2 mtpa steel plant on Wednesday

Facility to come up on land initially acquired for Posco in Odisha's Paradip

Cashfree Payments plans over $100 million funding round in FY27

Cashfree Payments plans to raise over $100 million in FY27 to expand cross-border payments, AI capabilities and global operations ahead of a potential IPO in the coming years

ONGC selects BP arm to boost output from Western Offshore fields

ONGC has appointed BP Exploration Services India as technical service provider to enhance oil and gas production from Western Offshore fields through technology and operational improvements

Paytm to invest €9 million in Europe arm to fund business expansion

Following the completion of this additional investment, there will be no change in the shareholding pattern

Puravankara eyes ₹2,000 crore investment in FY27, bullish on demand

Puravankara plans to invest up to Rs 2,000 crore in FY27 as it expands launches across southern India and Mumbai amid stable housing demand