Page 313 - Company News

JSW nears deal to buy 75% stake in Dulux paints maker AkzoNobel India

Sajjan Jindal is said to have personally led negotiations for the deal, valued at approximately ₹12,000 crore

Infosys rolls out 65% average bonus for Q4FY25 amid macro challenges

For the full year FY25, profits saw an increase of 1.8 per cent to Rs 26,713 crore, while revenue climbed six per cent to reach Rs 1,62,990 crore

Vi files fresh petition in SC, seeks ₹30K crore waiver on AGR dues

Telco seeks waiver of over ₹30,000 crore of Adjusted Gross Revenue (AGR) dues towards penalties and interest as Supreme Court hearing is expected on 19 May

Piramal Pharma expects single-digit growth in FY26 amid uncertainties

PPL projects a muted FY26 due to global headwinds but aims to double its India consumer health business turnover to Rs 2,000 crore by FY30 through scale and expansion

TCS' brand value up 28% to $57.3 billion, says Kantar BrandZ report

TCS has jumped 28 per cent in brand value to $57.3 billion, securing the 45th rank globally in Kantar BrandZ 2025, aided by AI-led offerings and global sponsorships

Lodha Ventures rebrands as Abhinandan Ventures, gives up original trademark

Abhinandan Lodha-led Lodha Ventures has been renamed Abhinandan Ventures in a move the company says reflects its future-focused identity and not linked to family dispute

Burberry to cut 1/5 of its workforce globally as profits plunge, costs rise

Burberry will cut 1,700 jobs worldwide by 2027 including its entire night shift in Castleford after a £66 million loss forces the luxury brand to intensify cost-cutting efforts

Assetz aims to launch Rs 7,500 crore GDV residential projects in FY26

Bengaluru-based Assetz aims to launch Rs 7,500 crore worth of residential projects in FY26 and targets 45% CAGR in pre-sales over three years with IPO plans under review

Infosys rolls out 65% bonus for Q4 FY25, down from previous quarters

Infosys distributed an average a bonus of 80 per cent in Q3 FY25, and 90 per cent in Q2 FY25, Moneycontrol reported

Eternal leases over 84,000 sq ft office space in Mumbai's Andheri

The lease spans five years with a rent escalation clause, includes 57 parking spots, and was registered on 9 May with a fit-out period of 150 days starting 1 May 2025

Govt notice to Amazon, Flipkart over sale of Pakistani flags, merchandise

The government has directed Amazon, Flipkart and others to remove listings of Pakistani flags and related items after CCPA issued notices over violation of national sentiment

Airtel launches AI tool to block scam websites in real time: How it works

Bharti Airtel's AI-powered platform will block scam websites in real time across digital channels, offering automatic protection to mobile and broadband users

Elan Group awards Rs 1,100 cr contract to Leighton Asia in Gurugram

In a statement on Thursday, the company said it awarded the construction contract for its ultra-luxury residential development, 'Elan The Emperor' located in Sector 106, Dwarka Expressway, Gurugram

Norwest leads ₹1,465 cr investment in IKF Finance to boost growth

Private equity fund Norwest on Thursday announced that it has led a Rs 1,465-crore investment in the Hyderabad-based non-bank lender IKF Finance.

Alpex Solar bags ₹1,068.84 cr orders, key tie-up with Coal India arm

Under the project, the consortium will also construct a 32kV double-circuit transmission line from the main control station to the feeding substation

Tata AutoComp, Katcon tie up in Mexico to make composites for NA market

The new Mexico-based venture will cater to North American OEMs with composite solutions aimed at improving vehicle efficiency and meeting weight-reduction targets

Shapoorji Pallonji launches over Rs 1,400 crore luxury project in Gurugram

Shapoorji Pallonji Real Estate, Kreeva, and ASK Property Fund launch The Dualis in Sector 46, Gurugram with 198 high-end units and a revenue target of ₹1,400 crore

Zaggle ties up with Mesh Payments to tap global spend management market

Zaggle founder and Executive Chairman Raj P Narayanam said the partnership with Mesh is a strategic move to extend the platform's leadership beyond borders

Tata Motors ties up with Vertelo to offer leasing for electric CVs

The two companies have signed a Memorandum of Understanding (MoU) to offer attractive leasing solutions applicable to the entire Tata Motors electric commercial vehicle portfolio

Tata AutoComp, Katcon form JV to make advanced composites for North America

The two companies already have an over-decade-long collaboration for exhaust systems and emission after-treatment solutions