Page 39 - Company News

SBI fraud case: CBI conducts searches at Reliance Telecom, ex-directors

The agency acted on a complaint from SBI about it being defrauded and suffering a wrongful loss of ₹114.98 crore

Pune-based realty developer Amar Builders buys land parcel for ₹300 crore

Citycon Infratech, linked to Amar Builders, acquires 13.22-acre land parcel in Pune's Mundhwa for Rs 300 crore, as residential market trends show mixed signals across segments

Indian Oil buys first Iranian LPG since 2018 as crunch worsens amid war

The refiner will share the shipment with its state-owned peers Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd

Thyssenkrupp, Jindal Steel sale talks falter on pension, energy costs

While talks over a sale of Thyssenkrupp Steel Europe (TKSE) are ongoing and could ‌still result in an agreement, a deal is now seen as less likely after nearly six months of discussions

Cairn Oil & Gas mulls hiring Americans to build India's shale sector

Cairn's aim is to hire 10 Americans to apply the US shale playbook in India, where the company hopes to shave drilling and completion times by one-third to accelerate the ramp up of output

Adani in talks with Meta, Google for partnerships in data centre business

Walmart Inc.'s Flipkart is also engaged in talks with the tycoon and the Adani Group is exploring sites across Indian states for the centres

Infosys acquires Optimum for $465 mn to deepen healthcare, AI capabilities

Deal strengthens Infosys' healthcare vertical and AI-led capabilities, adding clients, talent and consulting expertise in provider segment

Dream Sports sharpens focus on 11 portfolio companies after RMG ban

Company pivots beyond real-money gaming, expands into fintech and AI while strengthening portfolio of 11 businesses to regain user engagement

Sunil Mittal to retire as Airtel Africa chairman; Vittal to take over

Shravin Bharti Mittal, the telecom tycoon's son, will become the company's deputy chairman

RIL's Jio Platforms ready with DRHP; 2.5% stake may be offloaded via OFS

At $125 billion valuation, IPO size set to be over $3 billion

India start-ups raise $9.1 billion funding as focus shifts to execution

Selective capital is backing scalable ventures, while AI-led DeepTech gains momentum as investors prioritise proven models, monetisation, and commercial readiness

NDR InvIT raises ₹410 crore via bonds to expand warehousing portfolio

NDR InvIT Trust on Wednesday announced raising Rs 410 crore through the issuance of bonds primarily for the acquisition of logistics and warehousing portfolio across key markets in the country.

MUFG's $4.4 billion investment in Shriram Finance wins CCI approval

Japanese lender to acquire 20% stake in NBFC via preferential allotment, marking one of the largest FDI deals in India's financial services sector

Meta is laying off hundreds of employees across multiple teams: Report

Meta had nearly 79,000 employees as of December 31, according to its annual filing

OpenAI taps JioStar CEO Kiran Mani to lead Asia Pacific operations

Former JioStar executive to drive regional growth as OpenAI expands global footprint and deepens presence across key Asia-Pacific markets

BBC names former Google executive Matt Brittin as new director-general

Brittin, 57, spent almost two decades at Google, becoming the company's president in Europe, the Middle East, and Africa. He does not have a background in broadcasting

Network18 appoints Raj Jain as independent director for five years

Former Times Group CEO joins Network18 board as additional independent director, bringing multi-platform media leadership experience

Daimler Truck Innovation Centre appoints Radhakrishnan Kodakkal as CEO

Former Whirlpool executive to lead engineering and digital capabilities at Daimler Truck Innovation Center India, succeeding Raghavendra Vaidya

Sula Vineyards acquires Chandon's wine facility, estate in Nashik

Chandon's wine production facility spreads across 19 acres, comprising a highly advanced facility with an annual capacity of 4.5 lakh litres, scalable up to 13 lakh litres

VinFast mulls retail expansion in India; plans 75 outlets by end-2026

EV maker aims to expand presence across metros and emerging markets, strengthening retail network and ecosystem to boost adoption of electric mobility in India