Page 324 - Company News

JK Tyre plans to expand marketing presence in West Bengal, northeast

In West Bengal, Singhania said the company has more than 31 branded shops and six depots across the state

Happiest Minds eyes double-digit growth in FY26 despite challenges

IT firm saw Q4 revenue flat due to a client exit, but expects BFS and healthcare to drive growth; 20-24 key accounts identified for $20 mn-plus revenue focus

Gail to run Dabhol LNG terminal in monsoon, plans major expansion

Indian companies are increasingly seeking US LNG linked to Henry Hub prices to reduce exposure to oil-indexed contracts, which dominate their current portfolios

Fitch upgrades Shriram Finance's rating on improved business profile

Fitch believes that SFL's loan management practices and risk controls have tightened in recent years, improving the company's ability to maintain asset quality and navigate macroeconomic shocks

Smartworld, Tribeca sell 298 homes for ₹3,250 cr in 'Trump-branded' project

In a statement on Tuesday, Smartworlds and Tribeca announced "complete sell-out of Trump Residences Gurgaon on launch day", clocking sales of Rs 3,250 crore

Infosys signals lower Q4 bonus payouts for employees amid profit decline

Infosys has informed some employees of lower Q4 FY25 bonus payouts citing profit decline while calling the move temporary and promising better recommendations once growth returns

Solex Energy net profit up 390% at Rs 42.79 cr in FY25 on higher revenues

The company's Earnings Per Share (EPS) rose to Rs 43.82, reflecting a 301 per cent year-on-year growth, a company statement said

Flipkart leadership shake-up: 4 executives exit as IPO pressures intensify

At least four senior Flipkart leaders, including SVP Ankit Jain, have quit amid rising cost pressures, IPO plans, and intensifying rivalry in the quick commerce space

Titan Watches & Wearables CEO Suparna Mitra resigns due to personal reasons

The date of cessation of Mitra, who has been in this role for the last five years, is August 12, 2025, the company said in a regulatory filing

Curefoods acquires India rights to Krispy Kreme, plans Northern expansion

Curefoods now holds national rights to Krispy Kreme and has entered North India with 11 new outlets in Delhi NCR, planning further expansion into western markets

Biryani Blues raises $5 million in funding led by Yugadi Capital fund

The fund raised in a pre-Series C funding round will support expansion strategy, enhance human capital across functions, and upgrade operations and logistics

Amazon teams up with FedEx for big package deliveries after UPS pullback

This deal was signed in February and it gives Amazon 'cost favourability' as compared to the delivery rival UPS.

L&T bags govt contracts worth up to Rs 5,000 cr in Delhi, Andhra Pradesh

L&T wins government-backed EPC orders for buildings in Delhi and Andhra Pradesh, worth Rs 2,500-5,000 crore, with both projects to be completed in 18 months

JSW One Platforms raises Rs 340 cr from Principal Asset Management, others

The conglomerate's steel arm JSW Steel also participated in the round, after which the JSW One Platforms' valuation catapulted to $1 billion making it enter the coveted unicorn club

Error or fraud: IndusInd Bank pressured to explain ₹2k cr derivative loss

Auditors seek clarity on whether the ₹2,000 crore loss stems from fraud or accounting irregularity

China's Ant Group sells $246 million worth of Paytm shares in block trade

Ant Group, a subsidiary of Alibaba Group, has been gradually reducing its stake in Paytm

Birla's big paints bet hits Asian Paints' market share in just one year

Birla Opus' market share reached 6.8 per cent in the latest quarter

Power Mech wins ₹972 cr township project at Yadadri Thermal Power Station

Power Mech secures ₹972 crore TSGENCO township project at Yadadri Thermal Power Station covering residential quarters hospital school sports complex and key infrastructure works

NCLT rejects Adani Ports' late bid for insolvent Tuticorin Coal Terminal

Lenders to consider existing proposal by Seapol; tribunal signals possibility of wider interest amid improved performance

Indigo cancels flights to Amritsar, 5 other cities amid security concerns

On Monday evening, an IndiGo flight enroute to Amritsar returned to the national capital after precautionary blackout measures were enforced in Amritsar