Page 29 - Company News

Alembic Pharma gets USFDA nod for generic levothyroxine sodium tablets

The approval by USFDA is for the Abbreviated New Drug Application of levothyroxine sodium tablets of various strengths

Auditors feel the heat from 'cooling-off Bill' on conflict of interest

A draft Bill proposes ways to check conflict of interest among auditors and their clients

Capital Group builds $2 billion bet in Adani Group in pivot from Reliance

The Los Angeles-based money manager has acquired stakes worth more than $2 billion across three Adani Group companies in recent weeks

Bharti group seeks UK support to increase BT stake without bid for takeover

Bharti could increase its stake to as much as 29.9 per cent to gain greater economic exposure to BT but does not plan to pursue a full takeover

Room with match view: Rajasthan gets ready for India's first stadium hotel

Second at Dharamshala stadium in the works

Small-town India is 'beautiful' for Amazon's luxury play: Siddharth Bhagat

Amazon India plans to add over 100 premium beauty brands in 2026 as demand from tier-2 and tier-3 cities accelerates across categories

Maruti Suzuki India to increase prices by up to ₹30,000 from June 2026

Maruti Suzuki India will raise prices across its portfolio from June 2026, citing sustained increase in input costs and inflationary pressures

Nissin leases 3.85 lakh sq ft warehouse near Ggn for ₹65 lakh rent

Logistics firm Nissin ABC has leased 3.85 lakh sq ft of warehouse space near Gurugram for five years amid rising demand for logistics assets

Apollo HealthCo eyes Q1FY27 breakeven amid group restructuring plans

Apollo HealthCo is expected to achieve cash breakeven by Q1FY27 as Apollo Hospitals advances a restructuring plan involving demerger and merger of key units

LG Electronics India reports 8.2% fall in Q4 profit despite sales growth

LG Electronics India reported an 8.2 per cent decline in fourth-quarter net profit as rupee depreciation and elevated commodity prices weighed on margins

SAIL to invest over ₹35,000 crore in expansion over next two years

SAIL plans to spend over Rs 35,000 crore over the next two years on capacity expansion projects at its IISCO, Bokaro and Bhilai steel plants

Nibe shares skyrocket after successful trials of Suryastra rockets

Nibe Limited shares rallied sharply after successful trials of the Suryastra rocket system and Vayu Astra-1 loitering munition boosted investor optimism

Technology to be main focus area for Essel Group in next growth phase

Essel Group says technology will anchor its future growth strategy as it marks 100 years of operations and expands its focus on digital and content platforms

Maruti Suzuki to hike prices across models by up to ₹30,000 from June

In a regulatory filing, the company said the price revision would come into effect from June 2026, adding that the exact increase would differ across models

Agoda bets on resilient India market to expand its global travel business

Agoda is expanding accommodation supply, localisation and fintech offerings in India as resilient travel demand boosts domestic and outbound tourism

Sajjan Jindal's JSW Motors secures ₹8,000 crore SBI funding for EV push

SBI will partly fund JSW Motors Ltd.'s 'greenfield manufacturing facility' in Maharashtra, and may sell down part of the exposure to other lenders in the event of demand in the secondary loan market

Quick commerce firm Zepto plans ₹11,000-crore IPO in July: Report

If the listing goes through, Zepto will join rivals Zomato and Swiggy, which are already listed on stock exchanges

Scapia raises $63 million in Series C round led by General Catalyst

Bengaluru-based travel fintech startup Scapia will use the fresh capital to scale travel offerings, expand AI capabilities and grow its customer base

Adani Ports to acquire Jaypee Fertilisers for ₹1,500 cr through insolvency

The acquisition aligns with the company's ambition to expand its MMLP (Multi-Modal Logistics Park) network from 12 to 16 and warehousing capacity by 4X by 2031

Rising freight rates amid global tensions hit steel sector: Tata Steel

India's steel industry has remained relatively insulated from global disruptions, due to strong domestic demand and lower dependence on imported finished steel