Page 4 - Company News

Meta India head Sandhya Devanathan to join OpenAI in regional role

Devanathan will be based in Singapore and oversee consumer growth, enterprise adoption, partnerships, regulatory engagement and operations across Southeast Asia and Australia

Coal India says gasification scheme rules may favour private sector players

CIL has flagged the 60-day bidding window and exclusion of captive power plants from eligible project costs, saying the rules could disadvantage it against private rivals

Infosys says public services CEO unreachable after deadly Nepal flood

Lax Gopisetty was visiting the region in his personal capacity; Infosys says it is working with relevant agencies to gather information and establish contact

Essel Group's Subhash Chandra seeks independent audit to examine his debt

Chandra addressed what he described as allegations and speculation surrounding him, his family, and the group's financial position

Vodafone Idea's customer tide turns after long slump: Trai data

The six months from February through July mark a sharp reversal for Vi. During the preceding six months, the carrier lost more than 3.6 million customers

Noel Tata, Shapoorji Pallonji discuss share swap for Tata Sons stake sale

Representatives of Noel Tata are exploring the possibility where SP Group receives shares of companies such as Tata Power in exchange for some or all of its 18.4% in the privately-held Tata Sons

Led by Tempsens Instruments, new listing returns hit CY26 high in August

Tempsens Instruments gained 93.57 per cent on its listing day, while six of the 17 mainboard IPOs listed in August ranked among CY26's top 10 debut performers

Registrar of Companies grants three months to Tata Sons for AGM

Breather may address Chandra's directorship question

Nifty IT up 3.5% as Nvidia results soothe AI infra spending fears

Investors say Nvidia's growth confirms expansion phase of AI capital spending

Blackstone to sell $1.25 billion stake in India's Knowledge Realty Trust

The investor will sell up to 11.1 million units representing 25.03% stake on Aug. 31 for non-retail investors and Sept. 1 for retail investors, according to a filing.

Purple Style Labs collects ₹306 cr from anchor investors; IPO opens Aug 31

Purple Style Labs Ltd, the parent company of Pernia's Pop-Up Shop, on Friday raised Rs 306 crore from anchor investors ahead of its Rs 680-crore IPO, which will open for subscription on August 31.

ANHVL to invest ₹2,200 crore to expand bed capacity to 2,500 in 4-5 years

ANHVL has earmarked an investment of around Rs 2,200 crore to expand its footprint across eastern India over the next four to five years, a top company official said on Friday.

Mahindra Group expands Battery-as-a-Service model to entire eSUV portfolio

Mahindra Group on Friday announced the expansion of its Battery-as-a-Service (BaaS) model across its entire eSUV portfolio.

Ola Electric launches S1Z with homegrown LFP cells, starts at ₹79,999

The mass-market scooter comes with 3.1 kWh and 5.1 kWh battery options, offering up to 301 km of IDC range; deliveries are set to begin in December 2026

Multiple challenges ahead for Varun Beverages as it eyes alcobev market

The move opens a larger addressable market but analysts see state-level regulatory complexity, limited distribution synergies and weak near-term earnings contribution

E20 won't be replaced by E10, BPCL says amid debate over older cars

"I never said that E20 will be changed to E10," BPCL chairman said, adding that it was being debated in some circles whether older vehicles should have an option of lower-ethanol blend fuel.

Tata Power loses challenge to $490 mn arbitration award in Russia coal case

Singapore court upholds a $490 million arbitration award against Tata Power over a failed joint bid for a Russian coal asset and rejects the company's natural justice challenge

Hero MotoCorp to increase stake in Ather with $184 million share purchase

Hero MotoCorp on Thursday said ​it would buy additional shares ​of Ather Energy for up ‌to 17.58 billion rupees ($184.01 million), raising its stake in the electric scooter maker to 32.8%.

Dream11 pulls from fantasy games to build global sports engagement platform

Dream11 on Thursday said it has moved away from pure-play fantasy sports to building a global sports engagement platform.

Google eyes first phase of Vizag AI hub by 2028, full operations in 5 years

Google expects the first phase of its 1 GW Visakhapatnam AI data centre to be operational by late 2028 and aims to complete all phases over the next five years