Page 310 - Company News

Adore Group to invest ₹800 crore in premium housing project in Faridabad

According to data analytics firm PropEquity, Delhi-NCR housing market saw a 63 per cent year-on-year increase in sales to Rs 1.53 lakh crore during the 2024 calendar year

TCS splits AI.Cloud unit for higher growth, Krishna Mohan to lead cloud biz

TCS established its AI.Cloud unit in August 2023 to unlock greater business value by harnessing the power of cloud and generative AI (GenAI)

Celebi contract: Bombay HC stops MIAL from final call on bids till June

The HC said no final decision shall be taken on tenders to replace Celebi until its pleas against revoked security clearance and contract termination are heard in June

StayVista forays into branded residences, targets Rs 250 crore in FY26

The villa rental platform, with a leisure-city portfolio target of 80:20, enters metro markets and aims to expand in Delhi-NCR, Pune, Mumbai and Bengaluru

AM Green, Rotterdam Port partner for $1 bn India-Europe green fuel corridor

The partnership would enable annual trade of 1 million tonnes of green fuels worth up to $1 billion, linking India's emerging green hydrogen clusters with Europe's largest energy port of Rotterdam

Hindalco eyes up to Rs 8,000 crore in capex spending this fiscal

Hindalco Industries Managing Director Satish Pai, during a conference call post-announcement of Q4 earnings

PC Jewellers turns profitable, posts Q4 net profit at Rs 94.78 cr

The company had reported a net loss of Rs 121.64 crore a year ago, according to a regulatory filing on Sunday

Simpliwork expands Bengaluru footprint with 1.32 lakh sq ft office lease

The co-working firm plans to double its portfolio to 9.5 million sq ft by FY27 and expects revenue to reach ₹1,400 crore as demand for agile workspaces continues to grow

Tata Starbucks FY25 losses widen to Rs 135.7 cr; revenue rises 5%

Tata Starbucks, which operates the QSR chain of Starbucks cafes in a 50:50 JV with TCPL and US-based Starbucks Corporation, had reported a net loss of Rs 82.16 crore in FY24

Radisson Hotels Group expands presence in East India with 3 new signings

Hotel Deoghar in Jharkhand, Radisson RED Puri in Odisha, and Radisson Resort and Spa, Ranchi in Jharkhand are the new signings, with a combined key count of 400, the group said in a release

Supreme Court orders status quo on Bhushan Steel liquidation amid JSW plea

JSW has until June 2 to file a review of the Supreme Court's May 2 judgment, which had rejected its ₹19,700 crore resolution plan and ordered the liquidation of the debt-laden company

ED seizes ₹1.70 cr cash, documents in raids on Jaypee Infratech, others

The money laundering case is based on FIRs filed by the EOW of Delhi and UP Police against firms like JAL, JIL, and their promoters and directors

Delhi HC dismisses KAL Airways, Maran's ₹1,300 crore claim against SpiceJet

Kalanithi Maran and KAL Airways sought ₹1,300 crore in damages, claiming SpiceJet failed to issue securities despite receiving ₹679 crore as part of a share transfer agreement

Zepto's Aadit Palicha accuses 'rival q-commerce CFO' of smear campaign

Zepto's Aadit Palicha claims a rival CFO is running a smear campaign to undermine its rapid Ebitda gains and aggressive dark store expansion

Adani eyes DPIL stake to tighten vendor control, boost infra capex plans

Adani Group is in talks to acquire a stake in Diamond Power Infra Ltd as part of a strategy to tighten vendor control and support its ₹1.45 trillion capex push; deal likely in 60 days

SC ruling on job lock-ins may reshape public sector contracts: Experts

This means that employers can now ask for compensation from employees who leave early, if the clause is not unfair or too harsh

In the works: Motherson Group's offer to acquire Marelli Holdings

Indian group's offer to be placed before lenders on Monday

Tata Motors seeks to regain 50% market share in electric PV segment

Tata Motors plans to reclaim 50% EV market share in 18-24 months with new models like Harrier.ev and Sierra.ev, aiming for volume growth across diverse price segments

More limited-edition trims to debut in Indian mkt: Range Rover MD Limpert

The brand is looking at enhancing its presence as it anticipates growth in the Indian market with the number of high-net-worth individuals expected to rise at a fast clip by the end of this decade

DLF Group plans Rs 10,000 cr boost in office, mall projects for 2 years

DLF will invest Rs 10,000 crore over the next two years to expand its premium office and mall spaces in key cities, targeting stronger rental income and market leadership