Page 287 - Company News

Vedanta eyes investment grade rating, plans to cut debt to $3 bn by FY27

VRL is committed to reducing its total debt from the current $5 billion to $3 billion by FY27 while strengthening its critical minerals, transition metals, energy and technology portfolio

Bank of Baroda tops bidding for Jet Airways' BKC office in insolvency auction

A government-appointed liquidator listed the entire floor of the 19-storey tower for sale last month, setting a reserve price of ₹335.24 crore for the prime commercial property

SEPC wins ₹650 crore EPC contract for 133 MW solar project in Maharashtra

The company has received a letter of award from Parmeshi Urja Ltd, Kolkata, for EPC solar power projects at 26 locations in four districts of Maharashtra

India's digital infrastructure development 'game-changer': Databricks CEO

Ghodsi added that Databricks is very excited to partner with new companies in the field of AI as well as with companies that have been around a long time such as the Tatas

No disruption in operations due to rare earth supply crisis: Maruti

Automaker says situation is 'uncertain and evolving' amid report that it has made e-Vitara production cuts

JSW Cement begins roadshow ahead of next month's planned Mumbai IPO

JSW Cement could be joining a swelling pipeline of summer listings in India, where the central bank cut rates by a bigger-than-expected 50 basis points last week

Adani group plans Airport unit IPO by 2027, hastens $100 billion capex

The ports-to-power conglomerate has doubled the pace of its capital spending plan and now intends to plow $100 billion in five to six years instead of spreading it out over a decade

Zara's India FY25 sales flat at ₹2,782.06 cr, profit up 23% to ₹299.47 cr

Its total income, which includes other income, was up 2.26 per cent to Rs 2,839.50 crore for the financial year ended on March 31, 2025

Adani group to use own cash, debt to fund $20 billion annual capex

Group to bid for UP electricity discoms to expand network

Vivek Oberoi-backed Rutland Square targets 100,000 cases annually in India

The Edinburgh-based company is preparing to expand across ten Indian states, including key markets like Bengaluru, Delhi, Goa, and Maharashtra

Inox Wind Energy to merge with Inox Wind following NCLT's approval

The merger simplifies and streamlines the wind business vertical of the INOXGFL Group, improving overall operational efficiencies

Samsung assembled more mobile phones in India than Apple last year

Korean firm makes more phones across most segments and has higher volumes: S&P report

Maruti Dzire is first sedan in India to get 5-star BNCAP safety rating

The Dzire is the first non-SUV to achieve a 5-star Bharat NCAP rating, with Maruti Suzuki pledging six airbags across all models by year-end

Ireda raises over ₹2,000 crore via QIP from domestic, foreign investors

The QIP was oversubscribed with bids amounting to ₹2,005.90 crore against the base issue size of ₹1,500 crore, achieving a subscription of 1.34 times

Ashwin Sheth Group acquires 50% stake in luxury project in Mumbai

Singapore-based PAG commits funding of Rs 540 cr

State Bank of India hires 13,455 junior associates for customer service

The recruitment is aimed to fill vacancies across 35 states and Union Territories, making it one of the significant hiring initiatives in the industry, the bank said in a press release

PESB recommends THDC India director Bhupender Gupta for NHPC top job

Gupta along with eight others appeared for the interview in the selection meeting for the post of CMD NHPC, the Public Enterprises Selection Board (PESB) said in a notification

Pine Labs CFO Marc Mathenz steps down ahead of $1 billion IPO listing

Group CFO Marc Mathenz has cited personal reasons for leaving Pine Labs as the company prepares to file its DRHP for an IPO expected to raise $1 billion later this year

Dabur reaffirms support to general trade amid quick commerce disruption

This comes as channels like quick commerce gain ground, becoming growth drivers for packaged foods companies

HNGIL resolution: CoC to vote on the INSCO's revised plan next week

The revised plan of INSCO was discussed in the meeting of the Committee on Tuesday night, sources said.