Page 34 - Company News

Ather Energy on a long growth road, but hurdles remain along the way

Rising electric two-wheeler adoption, capacity expansion and a mass-market platform could drive Ather's growth, but competition and supply risks remain

HDFC Bank MD and CEO choice key to ending succession uncertainty

Macquarie Research also described the board's move as a decisive step towards settling the leadership question.

SBI may soon issue sanction letter to Vi for its share of ₹35K cr funding

This move is likely to prompt other lenders to move forward with their decision to back telco

Better execution could help United Breweries reverse revenue, margin lag

To rectify the situation, the company has devised a medium term plan of achieving double-digit revenue growth.

Himadri eyes 70% exports with full capacity utilisation at Birla Tyres

Himadri plans to ramp up Birla Tyres capacity and shift towards higher-value OTR and OHT segments, with exports set to drive growth

Rosemerta eyes 30-35% FY27 growth on tech, mobility solutions push

The group is betting on telematics, connected-vehicle platforms, government-service digitisation and road-safety solutions to drive growth

PSG Equity raises over €4.4 billion for software and tech bets

The fundraising comes as the software sector recovers from a selloff brought on by the emergence of new AI models that are threatening to replace many incumbent systems.

Solar Industries to acquire South Africa's Omnia for ₹12,951 crore

All-cash acquisition will expand Solar Industries' global mining footprint and add Omnia's explosives, blasting solutions and ammonium nitrate capabilities

Emami is considering a buyback of shares, calls a board meeting on Sep 17

The Kolkata-headquartered company did not disclose the size or price of the proposed buyback

Essar Energy Transition Retail acquires UK forecourt network SGN

The £250-million acquisition will add 118 sites to EET Retail's existing 117 forecourts, creating a 235-site network as Essar targets 800 UK forecourts by 2031

Japan's Horiba targets 20 billion yen from India operations by 2028

The Kyoto-headquartered group employs over 600 workers across eight locations in India. The company's global employee count stands at over 9,000

Skoda flip-flops on compact SUV Kylaq exports to Europe after FTA

On Monday, SAVWIPL said it has not closed the door on taking other India-developed products to international markets

Amazon announces operations network expansion ahead of festive season

Amazon has opened 20 fulfilment centres, six sort centres and 150 delivery stations, expanding storage capacity by 50 per cent and strengthening its reach beyond metros.

Info Edge appoints Himanshu Agarwal as CFO, Naresh Gupta as director

According to a regulatory filing, Agarwal's appointment is effective from September 17, 2026

Amazon expands operations network across India ahead of festive season

The expansion is part of the company's announced investment of over ₹2,800 crore to bolster its pan-India operations and infrastructure

Chevron targets Argentina, Mediterranean for LNG growth, eyes India deal

Chevron plans to expand its global gas portfolio across Argentina, the East Mediterranean, Australia and Africa

Solar Industries to buy South Africa's Omnia Holdings for $1.36 billion

Solar SA Investments, an indirect wholly-owned subsidiary of Solar Industries, will acquire all outstanding shares of Johannesburg-listed Omnia, subject to regulatory and Omnia shareholder approvals

Essar Group buys UK petrol station operator SGN Retail, adds 118 sites

The acquisition will take the number of petrol stations operated by Essar Energy Transition Retail (EET Retail) to 235

China's Z.AI raises $5 billion through share, convertible bond sales

Z.AI raised about $2 billion through a Hong Kong share placement and $3 billion from convertible bonds, with 60 per cent of net proceeds earmarked for AI research and development

Tata Sons to take up top leadership, IPO issues on Sep 17 after RBI missive

Board members could back a third term for Tata Sons Chairman N Chandrasekaran. The support is believed to have been strengthened after the RBI directive