Page 357 - Company News

ITC set to acquire 24 Mantra Organic brand in Rs 472.5 crore deal

It has signed a share purchase agreement to acquire a 100 per cent stake in Sresta Natural Bioproducts Private Limited (SNBPL), ITC said in a regulatory filing

IDFC First Bank gets ₹7,500 crore investment from Warburg Pincus, ADIA

Fundraise 4th-largest by an Indian private-sector lender

Suchi Semicon looks to churn out 3-4 million chips per day: MD Ashok Mehta

Mehta is confident that Suchi Semicon will receive the requisite approvals and incentives from the central government

PLI for mobiles must extend beyond FY26: Bhagwati Products cofounder

Bhagwati Products targets ₹12,000 cr revenue in FY26

TCS partners with AI firm Vianai Systems, founded by Vishal Sikka

TCS will customise the hila platform to meet the specific needs of financial institutions and other key sectors

Skoda Auto India gears up for electric vehicle play with local push

Kylaq success fuels confidence as carmaker eyes exports, higher India mkt share

Adani Ports to acquire Australian terminal in $2.4 bn non-cash deal

APPH owns the entities which own and operate the North Queensland Export Terminal, a dedicated export terminal with a current nameplate capacity of 50 million tonnes per annum

Motilal Oswal Mutual Fund buys additional shares of Coforge worth Rs 231 cr

According to the bulk deal data available on the NSE, Motilal Oswal MF purchased 3.5 lakh shares or 0.52 per cent stake in Greater Noida-based Coforge

Flipkart ends WFH policy, asks staff to be in office 5 days a week

Company adopted remote work at the onset of Covid-19 in 2020, ends practice as it preps for IPO

HUL agrees to take down Lakme Sunscreen ad after Mamaearth's objection

The court ordered the removal of Hindustan Unilever's 'disparaging' Lakme ad after Honasa and HUL filed defamation cases against each other

Tata Elxsi Q4 results: Profit falls 13% to ₹1.72 bn amid tariff woes

Earlier this week, US President Donald Trump said he was considering a modification to the 25% tariffs on foreign auto and auto parts from Mexico, Canada, and other places

IndusInd Bank elevates Santosh Kumar as deputy CFO effective April 18

Kumar to lead bank's finance and accounts functions

Kolte-Patil Developers posts sales of ₹631 crore in Q4 FY25, down 15%

The company's collections for Q4 FY25, however, grew by 19 per cent Y-o-Y and 24 per cent Q-o-Q to ₹704 crore

LIC Housing Finance names Lokesh Mundhra as new Chief Financial Officer

In a regulatory filing, LIC Housing Finance said Sudipto Sil, who was serving as CFO, has been transferred and redesignated as Marketing Head of Western Region at Mumbai

KKR-backed Highways Infrastructure Trust plans to raise ₹4,950 crore

To deploy money to fund SPVs and refinance

Tata Motors files record 250 patents in FY25; focuses on EVs, emerging tech

The filings span multiple areas of product and process development, with a focus on electric vehicles (EVs), hydrogen-based technologies, and core vehicle systems

Infosys announces acquisitions in consulting and cybersecurity space

Both the acquisitions are expected to close during the first quarter of financial year 2026 (i.e. quarter ending June 30, 2025), subject to customary closing conditions

HDFC AMC Q4 results: Profit rises 18% to ₹638 cr, total income up 20.5%

In comparison, the company posted a PAT of ₹541 crore in the year-ago period, the fund house said in a regulatory filing to the stock exchanges

Campa Cola to open new bottling plant in Bihar with ₹1,000 cr investment

Reliance, which has entered into the fast-growing beverage market in August 2022 after acquiring Campa Cola, is expanding its presence across the country by setting up required infrastructure

HDFC Life Insurance Q4 results: Net profit rises 16% to ₹477 crore

HDFC Life's net premium income stood at Rs 23,765 crore during the fourth quarter, up from ₹20,488 crore in the same period last fiscal