Page 308 - Company News

IndiGo appoints former IAS officer Vikram Singh Mehta as new chairman

Vikram Singh Mehta will succeed IndiGo's Venkataramani Sumantran, who took charge of the low-cost carrier as chairman three years ago

Not leaving India, will launch 3 models by early 2027, says Nissan

Vatsa said Nissan is sticking to its plan of launching three new models by early 2027

Indel Money aims to double AUM to ₹4,000 cr by FY26 on gold loan demand

The company's AUM stood at Rs 2,400 crore in the financial year ended in March 2025

Practo expands to UAE, targets markets with large Indian diaspora

The health-tech platform begins operations in key UAE cities, aiming to serve the Indian diaspora and ensure seamless care across India and the Gulf

Suraj Estate Developers Q4 results: Net profit down 5% to Rs 18 crore

Total income rose to Rs 137.16 crore in the quarter from Rs 103.03 crore a year ago, according to a regulatory filing on Tuesday

PayPal receives RBI nod to operate as cross-border payment aggregator

This marks a key milestone in PayPal's operations in India and its continued support for Indian small businesses

Rooter revenue surges 120% to $10 mn in FY25 on strong commerce growth

Rooter Shop is witnessing an average user spending of about Rs 2,400 per month on its platform, the company said

US-based Guidewire Software planning to double India headcount in 3 yrs

The planned expansion will see India representing nearly a quarter of the company's global workforce

SC upholds ICICI Securities delisting, dismisses plea over valuation

The Supreme Court rejected investor Manu Rishi Gupta's challenge to ICICI Securities' delisting and merger with ICICI Bank, calling the valuation process fair

Panattoni India to invest ₹210 cr to build industrial, logistics park in TN

This will be the second project for Panattoni in India. It is already developing a project in the Delhi-NCR market

Unacademy CEO Gaurav Munjal steps down; Sumit Jain takes charge

Gaurav Munjal's exit comes as Unacademy pivots to offline coaching and ramps up AirLearn, with Sumit Jain set to lead the next phase of growth

Govt likely to upgrade four Miniratna PSUs to Navratna status soon

Govt plans to upgrade Cochin Shipyard, Goa Shipyard, GRSE, and MOIL

Coal India, Hindustan Zinc and Oil India win auction of mineral blocks

Regular auction of critical mineral blocks is an important element in the strategy adopted by the Ministry of Mines towards building self-sufficiency in critical minerals in the country

Multiples closes $430m continuation fund in landmark secondary deal

Multiples Alternate Asset Management secures $430 million to retain key holdings in Vastu, Quantiphi and APAC Financial while offering liquidity to Fund II investors

Lenders plan fresh auction of defunct airline Go First's Thane land

The official added the lenders were considering a relaxation of some eligibility criteria because the existing rules had made it difficult to sell the land parcels

Tata Sons board to review financial results, Tata Capital IPO plans

Thursday's meeting to be helmed by group Chairman N Chandrasekaran

Demand and margin gains to power M&CV company Ashok Leyland's stock

Ashok Leyland's strong Q4 led by 5% volume growth and margin gains; focus on exports, non-CV business and cost control to support performance in FY26

CIL, Hindustan Zinc winners in 5th round of critical mineral block auction

The auction saw 10 out of 15 critical mineral blocks successfully bid for, including potash, halite, graphite, REE, and vanadium blocks across several states

Slow capacity addition likely to weigh on NTPC's growth prospects

Consolidated revenue for FY25 came in at Rs 1,88,100 crore (up 5 per cent Y-o-Y) while net profit stood at Rs 23,950 crore (up 12 per cent)

FM Nirmala Sitharaman signals policy aid to fintechs in Pine Labs visit

Sitharaman may visit more fintech companies and global capability centres across major cities