Page 31 - Company News
Amazon, Flipkart target India's banks with new loan offerings for small biz
Interest rates on loans for consumer durables from traditional lenders typically range between 12 per cent and 22 per cent
 "Amazon, Flipkart target India's banks with new loan offerings for small biz")
Tata Realty, DBS Bank India sign ₹1,280 cr green loan for Intellion Park
Tata Realty has secured a Rs 1,280 crore green loan from DBS Bank India to support the development of Intellion Park in Gurugram
 "Tata Realty, DBS Bank India sign ₹1,280 cr green loan for Intellion Park")
GST authority imposes Rs 41 cr penalty on Torrent Pharmaceuticals
Torrent Pharmaceuticals Ltd on Friday said the central GST authority has imposed a penalty of over Rs 41 crore on the company for alleged erroneous refund on export of goods.
 "GST authority imposes Rs 41 cr penalty on Torrent Pharmaceuticals")
Godrej Properties to buy more land in FY26 with ₹30K cr potential: Pirojsha
Godrej Properties is aggressively acquiring land parcels outright and also partnering land owners to expand its business
 "Godrej Properties to buy more land in FY26 with ₹30K cr potential: Pirojsha")
CoinDCX says some user data exposed in breach at third party; funds safe
Indian crypto exchange says breach was at its US-based analytics vendor Mixpanel
 "CoinDCX says some user data exposed in breach at third party; funds safe")
Aakash puts Think & Learn's ₹25-cr allotment on hold over forex red flags
Former SC judge and ex-RBI official flag possible in remittance made by edtech firm
 "Aakash puts Think & Learn's ₹25-cr allotment on hold over forex red flags")
Apollo Pharmacy targets 100 mn customers in 5 yrs, 2 new stores daily: CEO
Apollo HealthCo Executive Chairperson Shobana Kamineni said at present, Apollo Pharmacy serves over one million orders every day
 "Apollo Pharmacy targets 100 mn customers in 5 yrs, 2 new stores daily: CEO")
OMEGA Trophy marks its fourth edition with top golfers at DLF Golf Club
Held at Gurugram's DLF Golf and Country Club, the fourth OMEGA Trophy brought leading golfers together with Bollywood actors Abhishek Bachchan and Mandira Bedi joining in
 "OMEGA Trophy marks its fourth edition with top golfers at DLF Golf Club")
Inside the Tata Trusts turmoil: Vijay Singh alleges a coordinated ouster
Vice-Chairman Vijay Singh says a group of Tata Trusts trustees worked together to push him out of the Tata Sons board, claiming his removal was 'well planned if not plotted' and part of a wider power
 "Inside the Tata Trusts turmoil: Vijay Singh alleges a coordinated ouster")
Rainbow Children's Hospital to add 900 beds, with half coming up in NCR
Rainbow Children's Hospital Group is accelerating its pan-India expansion with nearly 900 new beds planned over three years, half of which will come up in the NCR
 "Rainbow Children's Hospital to add 900 beds, with half coming up in NCR")
Mahindra Holidays and Resorts likely to open its first Signature property
Mahindra Holidays is expanding beyond vacation ownership with Mahindra Signature Resorts, targeting its first luxury hotel by FY27 and eyeing 2,000 keys by FY30 as rising incomes
 "Mahindra Holidays and Resorts likely to open its first Signature property")
Proofs show lenders misled on $533 million claim: Byju Raveendran
Edtech firm's founder plans $2.5 bn defamation suit against GLAS Trust, RP
 "Proofs show lenders misled on $533 million claim: Byju Raveendran")
TCS signs 5-year deal with SAP to modernise cloud and AI operations
TCS and SAP have agreed on a five-year collaboration to streamline enterprise IT, strengthen AI-led capabilities and accelerate innovation as clients shift savings from traditional contracts
 "TCS signs 5-year deal with SAP to modernise cloud and AI operations")
Mount K Kapital raises 2nd realty fund worth ₹4K cr, to expand beyond MMR
The seven-year credit fund will back 10-15 projects across major cities, building on the firm's first Rs 790 crore vehicle
 "Mount K Kapital raises 2nd realty fund worth ₹4K cr, to expand beyond MMR")
Decathlon India eyes 10-city qcom push, aims to double market share by 2030
Decathlon India is set to scale its Q-com offering to 10 more cities after successful pilots, while expanding large experience-led stores and targeting a doubling of its market share
 "Decathlon India eyes 10-city qcom push, aims to double market share by 2030")
Bolt sees 4-6 pp higher customer retention than platform average: Report
Bolt now accounts for a tenth of Swiggy's orders, with higher stickiness and wider restaurant onboarding
 "Bolt sees 4-6 pp higher customer retention than platform average: Report")
Arnifi expands India footprint with new Bengaluru office, plans to hire 100
This new setup, located in Bangalore, marks a major expansion of its presence in India, the founder said
 "Arnifi expands India footprint with new Bengaluru office, plans to hire 100")
HDFC Capital, Hero Realty set up ₹1K cr platform for mid-income housing
HDFC Capital has tied up with Hero Realty to build a Rs 1,000 crore mid-income housing platform aimed at accelerating development across Tier 1 and Tier 2 cities
 "HDFC Capital, Hero Realty set up ₹1K cr platform for mid-income housing")
Mahindra launches XEV 9S electric SUV at a starting price of ₹20 lakh
Bookings for the vehicle will open on January14, with deliveries starting on January 23, Mahindra, India's second-largest SUV manufacturer by volumes, said
 "Mahindra launches XEV 9S electric SUV at a starting price of ₹20 lakh")
Leela Palaces acquires 25% stake in Dubai's Sofitel The Palm FZE
Leela Palaces, Hotels and Resorts has taken its first major step overseas with a 25 per cent stake in Sofitel The Palm FZE, a luxury beachfront property on Palm Jumeirah
 "Leela Palaces acquires 25% stake in Dubai's Sofitel The Palm FZE")