Page 300 - Company News

United Breweries to shut Mangalore brewery, plans Nanjangud expansion

The move is part of a consolidation effort in its brewery operations, and the company plans to expand its Mysuru brewery

Air India working on 'top-to-bottom transformation': CEO Campbell Wilson

According to Wilson, Air India did not enjoy the kind of investments that many carriers had for some decades and was not an attractive partner for Star Alliance

Indian Oil to complete Panipat, Gujarat refinery expansions by December

Targets $4 billion of capex in FY26, up from $3.71 billion last year

Delta Electronics signs deal with Ventus Energy to reduce carbon footprint

Delta Electronics would source a combined 9.6 million units of wind power annually to power its manufacturing facilities in Tamil Nadu

EaseMyTrip 2.0 to back high-growth travel, mobility, and niche start-ups

Titled EaseMyTrip 2.0, the company said the initiative marks a major strategic pivot whereby it will acquire up to 49 per cent equity in selected businesses

HCLTech partners with UiPath to drive AI automation for global enterprises

The partnership will automate business processes with less need for human intervention, says HCLTech

Glenmark's cancer drug shows strong results in early trial for Myeloma

In the dose-escalation stage of the trial, 35 patients were treated, most of whom had received a median of six prior therapies

Adani Group denies sanctions evasion, Iran LPG trade amid US probe: Report

The US authorities are probing whether Adani's firms brought Iranian liquefied petroleum gas (LPG) into India via the Mundra port, which his company operates

NTPC Green partners with Honeywell to explore SAF production in India

NTPC Green expects to broaden its green fuels portfolio with SAF blending with jet fuels as it will contribute to many of the company's projects

Emaar India to invest ₹400 crore in luxury housing project in Lucknow

Realty firm Emaar India will invest Rs 400 crore to develop a housing project in Lucknow as part of its expansion plan.

Infosys CEO Salil Parekh's salary rises nearly 22% to Rs 80.6 crore

One of the reasons for Parekh's high salary for FY25 is restricted stock units (RSUs). Parekh exercised higher RSUs in FY25

Infosys CEO's compensation rise 22%; among highest paid Indian IT chiefs

Infosys CEO Salil Parekh's pay rose to ₹80.58 crore in FY25, despite slow growth in the IT industry

NCLAT upholds insolvency order against Jaypee Cement, dismisses appeal

The National Company Law Appellate Tribunal confirms insolvency proceedings against Jaypee Cement Corporation Ltd, rejecting appeal and reinforcing earlier tribunal ruling on debt defaults

Jindal Stainless acquires stake in SPV formed with Oyster Renewable Energy

The company said that the equity stake in a special purpose vehicle has been formed with Oyster Renewable Energy Private Limited to develop a 282 MW hybrid renewable energy project

Jindal Stainless acquires stake in SPV formed with Oyster Renewable Energy

The company said that the equity stake in a special purpose vehicle has been formed with Oyster Renewable Energy Private Limited to develop a 282 MW hybrid renewable energy project

VinFast's ₹16,000-cr EV plant in TN misses out on India's incentive scheme

VinFast's EV plant in Tamil Nadu becomes ineligible for India's EV incentive scheme as investment was capitalised before approval date; fresh ₹4,150-crore needed to qualify

MakeMyTrip launches train seat prediction tool to reduce waitlisted fares

Never miss a confirmed seat again-MakeMyTrip predicts sell-outs and sends timely alerts so you can book your train tickets before they're gone

Sonata Software sees Q4 revenue hit as top client pushes AI automation

Sonata Software's top client automating large parts of its outsourced business has led to a bigger-than-expected revenue fall and raised uncertainty over future growth

Looking at further improvements in 4G subscriber base: Vi CEO Moondra

Vodafone Idea plans 5G rollout and debt stabilisation in India

Reliance only Indian company among world's most valuable tech giants

When it comes to Chinese AI app DeepSeek, India holds 6.9 per cent of its active global users, trailing behind China (33.9 per cent) and Russia (9.2 per cent)