Page 37 - Company News

Bengaluru sets the pace for prime office rental growth in Q2 CY26

Bengaluru recorded 10.7 per cent year-on-year rental growth, followed by Delhi-NCR at 7.6 per cent and Mumbai at 4 per cent, as occupier demand remained healthy

China's ByteDance signs AI copyright pact with Hollywood trade group

The deal, which ​covers ByteDance's Seedance video and Seedream image-generation models, follows a cease-and-desist letter the MPA sent in February ​over these tools.

New factories, aircraft, AI hubs to test Tata group's funding muscle

In the first of a two-part series, Business Standard examines the funding needs of Tata Electronics, Air India, Agratas and Tata Digital - and the role Tata Sons may play in financing them

Yes Bank makes bond market comeback after 2020 AT1 debt write-off

The bank plans to sell a benchmark-sized three-year US currency note and is holding calls with fixed-income investors starting Monday

Philips India personal health hopes to cross ₹1K cr revenue in FY27

India is the fastest-growing country for Philips Personal Health worldwide, with the company growing twice as fast as the domestic market and gaining share across categories

Vijay Shekhar Sharma-controlled Resilient may sell 4.98% Paytm stake

Proceeds from the proposed stake sale will go to Antfin under a 2023 agreement; Paytm said it is not a party to the transaction and Sharma's direct holding is unchanged

Vijay Shekhar Sharma-controlled Resilient may sell up to 4.98% Paytm stake

Netherlands-based Resilient Asset Management, fully owned by Paytm founder Vijay Shekhar Sharma, will sell up to 4.98% of the fintech firm's stake via a block trade.

Tata group's Nelco picks up minority stake in Elveo, invests $20 mn

Strategic investment will allow Nelco to offer Direct-to-Device and IoT Connectivity in India, South Asia

NCLT defers SpiceJet insolvency orders after last-minute settlement

The tribunal expressed strong displeasure over the timing of the settlement after extensive hearings, saying considerable judicial time had already been spent on the petitions

CIBC leases 1.21 lakh sq ft office space in Hyderabad for GCC at ₹180 cr

The Canadian banking major will occupy space at Meenakshi Eco Park for five years, paying Rs 225 per sq ft monthly, with rent escalating 5 per cent annually

HELM AG, Parijat Industries sign deal for agri-commerce, manufacturing

The company will also collaborate with the Plantix team to leverage its farmer connect and demand-generation capabilities, including exclusive direct-to-farmer marketing features.

KABIL expects to start lithium production in Argentina in 4-5 years

India's state-owned KABIL is expected to start lithium extraction in Argentina in ​the next four to five years after completing project ​feasibility, a parliamentary panel report on its ops said

Muthoot Microfin targets 40% non-JLG share as funding costs decline

The lender expects its cost of funds to fall to 9.75-9.8 per cent after its AA- rating upgrade and plans to raise the non-JLG portfolio share to 40 per cent in two years

Tata Sons AGM scheduled for Tuesday likely to be adjourned over Trust issue

The meeting is scheduled to consider, among other matters, the directorship of Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term when his current tenure ends in February

Jio-BlackRock to launch regular MF plans through distributors in India

Earlier this month Jio Financial Services and BlackRock ‌launched ​the JioBlackRock Nifty ​50 ETF, marking the joint venture's entry into India's fast-growing exchange-traded fund market.

Swiggy launches AI Assistant named 'Guru' for restaurant partners

Swiggy announced its AI Assistant 'Guru' for its restaurant partners, to track payouts and monitor the performance of their campaigns across over 720 cities and accessible to 2.7 lakh restaurants.

BSE and PHDCCI join hands to expand capital-market access for MSMEs

The two organisations signed a Memorandum of Understanding (MoU) to create greater awareness among MSMEs about equity financing, particularly through the BSE SME platform

L&T bags ultra-mega order worth over ₹15,000 cr for offshore facilities

L&T Energy Hydrocarbon Offshore (LTEH Offshore) will undertake the engineering, procurement, construction, installation and commissioning (EPCIC) of offshore facilities

Sky Gold & Diamonds now part of MSCI India domestic small cap index

The jewellery maker said the inclusion will broaden its visibility among institutional investors, while it also reported positive operating cash flow and continued focus on profitable growth

TCS launches AI agent platform; aims to transform drug development

TCS said its platform allows pharma firms to build and deploy customised AI agent hubs across workflows with minimal integration and implementation effort, while maintaining regulatory compliance.