Page 29 - Company News

Groww faces proxy advisory pushback over Esop, board nomination proposals

The stockbroker is seeking shareholder approval for amendments to the ESOP scheme and rights for founders to appoint directors to the board

AGR case: Vodafone Idea may consider raising debt to accelerate growth

While Vodafone Idea has shifted focus toward other options including raising debt, a potential equity investment may still take place, the people said

Skydo receives final RBI authorisation for cross-border payments

Skydo's PA-CB-I licence enables it to process cross-border payments, specifically for facilitating inward transactions

ITC Hotels gets leasehold land to develop hotel at Yashobhoomi in Dwarka

Co receives allotment of leasehold land for 91 years

Sumadhura Group to invest ₹1K cr to launch six luxury residential projects

Largest-ever project rollout for group; potential to generate ₹10,000 crore revenue

Myntra introduces zero-commission model for new Indian D2C brands

Move targets early-stage Indian fashion, beauty and lifestyle sellers seeking to scale beyond their own websites and social media

Ashok Leyland aims to be among top commercial vehicle makers: Chairman

Speaking at the inauguration of Ashok Leyland's state-of-the-art electric vehicle (EV) manufacturing plant here, Hinduja said the new facility marked a significant milestone

JSW Steel Q3 output up 6% at 7.48 MT despite Vijayanagar furnace shutdown

Blast Furnace 3 (BF3) at Vijayanagar is under shutdown for upgrade of capacity from end of September 2025 and is expected to be commissioned by end of Q4 FY26

Keystone Realtors' Q3FY26 sales bookings decline 3% to ₹837 crore

During the first nine months of this fiscal, the company's sales bookings grew 23 per cent to Rs 2,676 crore as compared to Rs 2,174 crore in the corresponding period of the preceding year

Devyani International owned Sky Gate sells Peanutbutter to Heritage Foods

Peanutbutter and Jelly Pvt Ltd owns health-focused 'Get-A-Way' brand, which produces high-protein, no-added-sugar ice creams and desserts

CCI defends global turnover-based penalty law in Apple antitrust case

In its lawsuit, Apple said the law, which reflects practice in the European Union, could lead to disproportionate fines for breaches that happened only in India

Strong Q3 showing, improved outlook positive for Godrej Consumer Products

Godrej Consumer Products flags double-digit volume growth in Q3 FY26 as home care and soaps rebound, with margins set to recover on lower palm oil prices

Eternal gets two GST demand orders worth ₹27.56 crore, plans to appeal

The company will file an appeal against the order before the appropriate authority

Health-tech startup Tata 1mg eyes 500 offline stores by year-end

The move signals a sharper push towards omnichannel growth amid continued regulatory uncertainty in e-pharmacy

MSDL, German company likely to sign mega submarine deal this year

Mazagon Dock and Germany's Thyssenkrupp may seal a $8-billion submarine manufacturing deal this year under India's Project 75 (I) programme

BMW India bets on first-time luxury buyers to expand mkt as EV sales surge

BMW Group India clocks record 18,001 car sales in 2025, driven by first-time luxury buyers and a sharp surge in electric vehicle demand

Hartek Power bags ₹353.77 crore solar-plus-storage project in Karnataka

Battery energy storage systems are emerging as a critical enabler for managing intermittency in solar power and supporting round-the-clock energy availability

BMW to launch three new EV models in India to boost sales

The carmaker, which sold about 18,000 units in 2025, is already nearing that goal. EVs made up 23% of the sales for the three months ended Dec. 31

Bata India board approves VRS for workers at Hosur manufacturing unit

Bata India has been consolidating its manufacturing footprint over the years amid cost pressures and changing market dynamics

BHEL bags BCGCL contract for coal gasification, syngas units in Odisha

Bharat Coal Gasification and Chemicals Limited (BCGCL) is a joint venture company of Bharat Heavy Electricals Limited (BHEL) and Coal India Ltd (CIL)