Page 31 - Company News

PepsiCo India to invest ₹5,700 crore in expansion plans till 2030

PepsiCo India plans major investments in manufacturing and regional expansion as it sees strong growth potential in India's food and beverage market

BPCL plans ₹25,000 crore capex for FY27, calls fuel price hike respite

State-run oil major says recent increase in retail fuel prices has eased pressure amid soaring crude prices and mounting under-recoveries

HAB Pharma targets ₹3,000 crore revenue by 2030 after merger deal

HAB Pharmaceuticals aims to scale operations and expand globally after merging with Signature Phytochemical Industries through a slump sale deal

Shyam Metalics eyes fresh investments in West Bengal amid expansion plans

Shyam Metalics plans to invest Rs 20,000 crore in West Bengal, including expansion at Kharagpur and Jamuria, subject to the new industrial policy

Bharti Airtel upgrades postpaid customers to priority with 5G slicing

Move to create competition for high value postpaid customer base; net neutrality norms may come into question

Salesforce India employee base crosses 17,000 amid AI expansion push

Salesforce has expanded its India workforce to more than 17,000 employees while scaling AI offerings and strengthening its enterprise customer base

Bharat Forge to build marine gas turbine facility in Andhra Pradesh

Bharat Forge will set up India's first private-sector marine gas turbine repair and overhaul facility in Andhra Pradesh's Defence Manufacturing Corridor

PepsiCo India to invest ₹5,700 crore by 2030 on capacity expansion

PepsiCo India will invest mainly in three manufacturing facilities in Madhya Pradesh, Assam and Tamil Nadu

SC asks SpiceJet to move HC for extension to deposit ₹144 cr in Maran case

Referring to a recent government's bailout programme for airlines, which has an outlay of ₹5,000 crore, senior advocate Mukul Rohatgi sought three months time to deposit the amount

Why startups are restructuring to secure Indian-controlled status

Swiggy's move to qualify as an Indian Owned and Controlled Company shows how new-age internet firms are revamping boards and ownership as quick commerce and ecommerce rules tighten under Fema rules

Prudential's India reboot comes with a distribution problem and growth test

Experts said lack of a strong bancassurance or agency network could remain a structural hurdle for Bharti Life Insurance, even as Prudential brings capital strength and experience in India

US ends civil, criminal cases against Adani after $10 bn investment promise

It is the latest example of Trump's Justice Department abandoning a high-profile case brought under his Democratic predecessor, Joe Biden

Reliance turns to CATL as Chinese tech curbs hit battery ambitions

Reliance is in talks with CATL and other Chinese suppliers for battery components as Beijing's tightening tech curbs reshape its clean energy ambitions

Adani settles alleged Iran sanctions violation case with US Treasury

The settlement does not constitute a finding of guilt or wrongdoing and resolves all related liabilities

Vodafone Idea closing ₹35K crore SBI-led funding 'very fast': CEO

Vodafone Idea expects to close talks with an SBI-led consortium soon after promoter equity infusion and AGR relief improved its financial position

TCS rolls out average salary hikes of 6-8% for employees in India

High performers, employees in the top-rated A+ category, have received hikes of more than 10 per cent, the sources added

TCPL sees strong runway for growth in India: Chairman N Chandrasekaran

He opened his letter stating, "We are operating in an era defined by profound structural shifts, heightened geopolitical sensitivity and rapid technological advancements"

Maruti Suzuki commences production at second unit of Kharkhoda facility

The second unit has an annual manufacturing capacity of 250,000 units. The first unit, which can also produce 250,000 units per year, had started production in February 2025

Salesforce burns 12 trillion AI tokens, says won't displace humans

Not every process needs to be agentified, says Vala Afshar

India to drive Hyundai Motor's global production, export road map

Hyundai Motor India plans to cross 1 million units of production capacity by FY28, with Chennai playing a central role in exports and new model launches