Page 36 - Company News
JSW Steel's crude production dips 1% to 2.118 million tonnes in April
JSW Steel reported a marginal decline in April crude steel production as operations were impacted by the temporary shutdown of Blast Furnace-3 at Vijayanagar for capacity expansion
 "JSW Steel's crude production dips 1% to 2.118 million tonnes in April")
Asia Healthcare Holdings appoints three independent directors to board
GIC and TPG-backed Asia Healthcare Holdings has inducted three independent directors as it expands its specialty healthcare network across India
 "Asia Healthcare Holdings appoints three independent directors to board")
EXIM Bank plans to raise ₹99,500 cr funds in FY27 amid global volatility
The wholly state-owned EXIM Bank, which provides export financing and backs loans granted by commercial lenders to buyers of Indian goods, expects to tap the domestic market for around ₹66,000 crore
 "EXIM Bank plans to raise ₹99,500 cr funds in FY27 amid global volatility")
Why Royal Enfield's ₹2,200 crore Andhra bet matters beyond motorcycles
Royal Enfield's move to Andhra Pradesh comes as premium motorcycles, exports, and multi-location manufacturing become bigger priorities for auto makers
 "Why Royal Enfield's ₹2,200 crore Andhra bet matters beyond motorcycles")
Brookfield India REIT Q4 to distribute ₹456 cr to unitholders; NOI up 52%
The distribution to unitholders comprises interest payments on shareholder loans; repayment of SPV debt and NCDs (non-convertible debentures); dividends; and interest on fixed deposits
 "Brookfield India REIT Q4 to distribute ₹456 cr to unitholders; NOI up 52%")
100 years on, Bajaj Group begins to build anew for India's future growth
Bajaj Group's centenary is less a celebration than a pivot into healthcare, electric mobility and the AI age
 "100 years on, Bajaj Group begins to build anew for India's future growth")
Bombay HC restrains Berger Paints ad, flags meme for disparagement
The Bombay High Court restrained circulation of a Berger Paints advertisement after observing that it prima facie crossed into disparagement of Asian Paints
 "Bombay HC restrains Berger Paints ad, flags meme for disparagement")
Niva Bupa aims to outperform peers in retail health insurance
Niva Bupa aims to outpace retail health insurance industry growth through technology investments, multi-distribution expansion, and stronger customer adoption
 "Niva Bupa aims to outperform peers in retail health insurance")
West Asia conflict: India must not rent its intelligence future, says Adani
Adani stated that true independence in the 21st century will mean owning energy and intelligence
 "West Asia conflict: India must not rent its intelligence future, says Adani")
Bajaj Group turns 100: PM Modi lauds a century of nation-building efforts
Prime Minister Narendra Modi lauded the group's work through the decades, noting that it has helped in the cause of nation-building
 "Bajaj Group turns 100: PM Modi lauds a century of nation-building efforts")
Rozana's rural FMCG brand Samuh hits ₹100 crore run rate in 3 months
Rozana's private-label FMCG brand Samuh is scaling rapidly through low-cost sachets, contract manufacturing and a deep rural distribution network across 21,000 villages
 "Rozana's rural FMCG brand Samuh hits ₹100 crore run rate in 3 months")
Sindhuja Microcredit raises $5 million in pre-Series D funding round
The funding round saw participation from Abler Nordic, GAWA Capital (through its vehicle Huruma Fund) and Oikocredit, the company said in a statement
 "Sindhuja Microcredit raises $5 million in pre-Series D funding round")
Indian Hotels Company Q4 results: Profit rises 14.7% at ₹645 crore
The company's total expenses also rose to Rs 2,014.91 crore in the quarter under review from Rs 1,764.26 crore in Q4FY25
 "Indian Hotels Company Q4 results: Profit rises 14.7% at ₹645 crore")
What PM Modi's WFH appeal means for India Inc's return-to-office push
As India faces rising geopolitical and oil market uncertainty, could PM Modi's work-from-home message force India Inc to rethink its return-to-office push?
 "What PM Modi's WFH appeal means for India Inc's return-to-office push")
Bank of Baroda targets over 10% growth in corporate lending in FY27
The bank will continue to look for funding beyond deposits as well in order to take care of liabilities, Chand said, adding that the current base is sufficient to take care of the requirements
 "Bank of Baroda targets over 10% growth in corporate lending in FY27")
Adani calls for India to build, power, and own AI infra on home soil
Adani said India should treat AI not merely as software, but as strategic infrastructure spanning energy, data centres, chips, networks, compute and talent
 "Adani calls for India to build, power, and own AI infra on home soil")
Noel Tata votes against reappointment of V Srinivasan, Vijay Singh at TEDT
Reports state that Venu Srinivasan and Vijay Singh will cease to be trustees at TEDT after May 10, as Mehli Mistry and J N Mistry also voted against their reappointments
 "Noel Tata votes against reappointment of V Srinivasan, Vijay Singh at TEDT")
CCI orders antitrust probe into Pernod Ricard over exclusive retailer deals
Complaint alleges Pernod gave $24 million in corporate guarantees to help city retailers secure loans in 2021, in return for ensuring 35% of shop stock comprised Pernod brands
 "CCI orders antitrust probe into Pernod Ricard over exclusive retailer deals")
Coal India lines up ₹1 trillion capital expenditure push over 5 years
Focus on overhauling and diversifying operations: CMD
 "Coal India lines up ₹1 trillion capital expenditure push over 5 years")
NTPC to seek AEC approval for first 1,400 MW nuclear project soon
State-run NTPC plans to set up two 700 MW PHWR units and may invest around Rs 28,000 crore in the project targeted for commissioning by 2032
 "NTPC to seek AEC approval for first 1,400 MW nuclear project soon")