Page 3 - Company News

Airtel rebrands Priority Postpaid as Fast Lane amid neutrality row

Airtel launched "Priority Postpaid" on May 19, which promises consistent speed even in crowded markets for postpaid customers

President Murmu approves merger of REC with Power Finance Corporation

In March 2029, state-owned PFC completed the acquisition of the government's majority stake of 52.63 per cent in REC Ltd for ₹14,500 crore

Sebi mistook Valcambi's Editda as revenue; all records submitted: REL

The regulator flagged what it called a prima facie misrepresentation of the company's financial position, noting that nearly the entire reported revenue was attributed to overseas subsidiaries

WWI partners invideo to launch AI lab as demand grows for AI-trained talent

The collaboration aims to equip filmmaking students with practical AI skills as the media and entertainment industry increasingly adopts artificial intelligence tools

ADIA arm plans ₹1,944 crore block deal to trim 2.3% stake in Lenskart

Platinum Jasmine A 2018 Trust aims to sell up to 40 million shares at a 2.8 per cent discount to Wednesday's closing price.

Rajesh Exports says will cooperate with audit, won't challenge Sebi's order

Rajesh Mehta denied allegations that Rajesh Exports Ltd (REL) had impeded the audit process and said the company had been forthcoming with investigators throughout

Meta partners with Fourth Partner Energy for 88 MW RE projects in India

Meta will purchase 100 per cent of the environmental attributes associated with the projects, FPEL said in a statement

Tata Starbucks could expand to 8,000 stores in India: Chandrasekaran

Terming the Starbucks QSR chain business as "a very high-potential business", Chandrasekaran said it has become EBITDA positive in FY26

Nuvama gets Sebi's green light to commence its mutual fund business

The approval paves the way for the company to establish its mutual fund business and expand its asset management offerings

Unicorn to add 50 Apple stores, aims for ₹6,000 cr revenue in 3 years

Unicorn opened its very first single-brand store in Ahmedabad in 2006 and thereafter it has been expanding its outlets across North and West India"

Carlyle Group seeks bankers for India IPO of healthcare RCM platform

Details of the proposed share sale, including its size and valuation, have yet to be determined, the people said

ASK Property Fund launches ₹3,500-crore debt fund focused on housing

The Blackstone-backed firm plans to raise capital from domestic and offshore investors to fund residential projects and special situations across six major cities

PhonePe launches AI tool to help merchants build payment pages in minutes

SmartPages enables businesses to generate customised payment pages using simple text prompts, removing the need for coding or design expertise

India Inc's new supply chain strategy: Replacing efficiency with resilience

Repeated shocks from Covid to conflict in West Asia are pushing Indian companies to diversify suppliers, localise sourcing and strengthen risk monitoring, even at the cost of higher expenses

Anil Ambani gets protection from coercive action in 'tax evasion' case

The court directed the Union government to file its affidavit in response to the plea

Meta, CleanMax partner for 900 MW renewable energy capacity in India

As part of the collaboration, the companies will support the development of 837 MW of new solar and wind capacity across Rajasthan and Karnataka

Bengaluru-based rapid EV charging firm Exponent Energy raises ₹200 crore

The Bengaluru-based energy-tech company will use the fresh capital to expand into new cities and vehicle categories while strengthening research and development capabilities

Hyundai expects production recovery by June 22 after supplier plant fire

The company expects Chennai Plant 1 to regain its production pace by June 15, with full normalisation of production activities across facilities projected by June 22

JSW Infra wins Kolkata Port project to expand container handling capacity

The company has won a 30-year concession to develop container facilities at Netaji Subhas Dock, taking its planned capacity at the Kolkata Dock System to 1.4 million TEUs

Zepto DRHP reveals ₹577-crore secondary share sale ahead of IPO launch

The IPO filing shows Motilal Oswal acquired shares from existing investors in August 2025, while promoter holdings remain concentrated through family trusts