Page 36 - Company News

P&G Home Products FY25 result: Profit jumps 19% to ₹683 cr; revenue up 3.4%

Procter & Gamble Home Products Ltd (PGHPL)'s net profit was at Rs 573.6 crore, and its revenue from operations stood at 8,756.79 crore in the year-ago period

Blinkit CFO Vipin Kapooria steps down amid rising competition in Qcom

Kapooria's resignation comes at a time when competition in India's e-commerce space has intensified, and days after rival Zepto filed preliminary papers with markets regulator Sebi

Meta set to buy Chinese startup Manus for $2 bn to boost advanced AI

Earlier this year, Manus launched its AI agent and claimed its performance outpaced OpenAI's DeepResearch

Govt claims $30 bn from Reliance, BP for underproduction from gas field

The D1 and D3 fields, India's first major deepwater gas project, were seen as key to bolstering the country's energy independence when first developed

Ola Electric gets certification for 4680 Bharat Cell-powered Roadster X+

Roadster X+ becomes India's first electric motorcycle approved with an indigenously developed 4680 Bharat Cell battery pack

Care Ratings upgrades Shriram Finance's NCD ratings to AAA; CP at A1+

Care Ratings upgraded Shriram Finance's NCD and subordinated debt ratings to AAA and reaffirmed its commercial paper rating at Care A1+, citing FY25 and H1FY26 performance

Lupin signs exclusive India pact with Gan & Lee for fortnightly GLP-1 drug

Lupin has signed an exclusive licensing, supply and distribution deal with China's Gan & Lee for Bofanglutide, a fortnightly GLP-1 injectable for diabetes and weight management in India

Gaurs Group raises ₹440 crore via NCDs to fund realty, expansion plans

Delhi NCR-based Gaurs Group raised Rs 440 crore via NCDs subscribed by three mutual funds to fund land acquisition, project execution and refinancing, with debentures to list on NSE

Vipin Kapooria quits as Blinkit CFO over a year after joining firm

Vipin Kapooria has resigned as chief financial officer of Blinkit, a little over a year after joining the quick commerce platform, as competition in the segment intensifies

Ceigall India bags over ₹1,000 crore infra project in Madhya Pradesh

The project will play a critical role in improving regional connectivity between Indore and Ujjain, and enhance access to key economic and religious hubs in Madhya Pradesh

Arvind Fashions to acquire 31.25% stake of Flipkart in Arvind Youth Brands

Arvind Youth Brands Pvt Ltd (AYBPL) is currently engaged in the business of wholesale and retail of apparel and accessories under the brand name 'Flying Machine'

High growth potential may lead to more gains in Hindustan Copper stock

Copper prices remain firm in 2025 amid supply disruptions, tariff risks and low inventories. With global demand rising Hindustan Copper is positioned to benefit from the structural upcycle

L&T wins order for Hyderabad Greenfield Radial Road phase-2 project

It involves the construction of a "22.3 km 3+3 lane access-controlled radial road" to boost connectivity in the region, L&T said in a filing to BSE

OpenAI's new job offer brings $500 mn pay and high stress: Details here

Founder Sam Altman said OpenAI is hiring a 'Head of Preparedness', calling it a critical position at a time when AI models are improving very quickly

JNPA eyes Vadhvan port for next phase of growth as it nears 12 mn TEUs

While trade flows have been disrupted globally due to new tariff regimes announced by the US government, the impact on JNPA's cargo volumes has been limited

Adani Group plans ₹1.8 trn defence spend to boost military capabilities

Adani Defence & Aerospace in 2025 transitioned from extended planning cycles to rapid deployment with some of its military hardware being used in Operation Sindoor

Akums President Finance Rajkumar Bafna resigns citing Delhi pollution

The drugmaker said Bafna will step down on December 31, 2025, after citing Delhi's pollution levels in his resignation letter

Rolls-Royce plans expansion in India, eyes jet engine and naval projects

Besides the UK, Rolls Royce considers the US and Germany as its "home markets" as the company has considerable presence including manufacturing facilities in these two countries

Obesity drugs to be new growth engine for pharma industry: Sun Pharma

Glucagon-like peptide-1 (GLP-1) receptor agonists are drugs that treat type 2 diabetes, high blood sugar, and obesity by regulating insulin production

Succession, scrutiny and stress tests in a year of corporate governance

It was a year marked by airline disruptions, trust battles, inheritance feuds and a Supreme Court turnaround that tested the foundations of corporate governance