Page 30 - Company News

BenQ eyes 50% growth in India in 2026, to expand local manufacturing

Benq, which is already exporting to the South Asian markets from India, will gradually increase exports from here and add more markets

Ola Electric plans stake sale to raise up to ₹2,000 crore for battery arm

Stake sale in Ola Cell Technologies aims to unlock value from battery assets as the EV maker strengthens finances and scales domestic cell manufacturing

Vedanta plans to raise up to ₹2,575 cr via NCDs to diversify funding

In October 2025, its $500 million bond issue was oversubscribed three times, while an NCD offering in June last year saw nearly 60 per cent oversubscription

PhonePe defers IPO listing amid geopolitical tensions, market volatility

The decision was taken due to the current geopolitical conflicts and market volatility

Iran war: SECL ready to meet India's coal demand amid energy disruptions

During FY26, the company has achieved around 165 million tonnes of coal production and over 169 million tonnes of coal dispatch up to mid-March, ensuring steady supply to power plants, other consumers

UpGrad plans to acquire edtech platform Unacademy in all-stock deal

If the deal closes, upGrad's integrated model will be on a strong trajectory, said Ronnie Screwvala, cofounder of upGrad, on X

iPhone FOB value likely to hit $70 billion in 5 years of PLI scheme

Exports in the five-year period accounted for 70 per cent, or $50 billion, of the FOB production value as Apple Inc shipped "made in India" phones across the world

India's privatisation push loses steam as IDBI Bank stake sale scrapped

The Centre may scrap the IDBI Bank stake sale after bids came below the reserve price, underscoring political and structural constraints shaping India's disinvestment strategy

RCom files review petition against SC decision on spectrum under IBC

Reliance Communications' resolution professional has asked the Supreme Court to review its ruling that telecom spectrum cannot be treated as an asset under the Insolvency and Bankruptcy Code

Ferrari bets on India's rising wealth, growing community of collectors

Ferrari unveiled the 849 Testarossa in India, signalling a deeper push into the fast-growing luxury car market as rising wealth and a new generation of collectors fuel demand

Race to deploy LLM tools must be matched by AI safeguards: Nicolas Miailhe

Rapid diffusion of AI apps raises systemic safety and security risks, warn AI Safety Connect cofounders

Lupin eyes next US growth pillar in complex generics and biosimilars

Nearly six decades after its founding, Lupin is targeting its next global growth phase in the US with a strategy centred on complex generics, biosimilars and innovation

Adani Power gets LoA from MSEDCL for 1,600 MW long-term power supply

Power to be supplied from upcoming ultra-supercritical plant under proposed 25-year agreement starting FY31

Hindalco halts production of extruded aluminium products due to Iran war

Hindalco denied any halt to output for its extrusions business in a statement to Reuters

Adani Total Gas cuts natural gas price for certain industrial users

As the crisis in West Asia disrupted India's gas supplies, the government rejigged allotment by giving priority to CNG and piped cooking gas needs while pooling the price of imported LNG for users

Consumer panel orders Axis Bank to compensate for failed ATM transaction

It is the bank's responsibility to examine such transactions and to give immediate relief to the customer, the commission asserted

Vedanta to raise ₹2,575 cr via NCDs; ICICI, Kotak among key investors

The mining major's base issue of Rs 2,000 crore was oversubscribed when it opened last week, prompting the company to exercise a Rs 575 crore greenshoe option

Baby Forest eyes tie-up with premium hospitals for network expansion

The Noida-headquartered firm, which has a range of ayurveda-based premium baby skincare products along with other items for infants and kids, is targeting a revenue of Rs 250 crore

BAMUL chief slams Flipkart over Re 1 milk sale, flags impact on farmers

Flipkart further said it remains committed to working with farmers, cooperatives and sellers across India to expand market access and support their growth

IndiGo suspends flights to 7 West Asia destinations till March 28

The decision is part of the airline making adjustments to its operations to the West Asia, wherein it would be operating 252 weekly flights to and from the region during the period from March 16 to 28