Page 4 - Company News

Cognizant trims 2026 revenue growth guidance again amid macro uncertainty

Cognizant cuts its 2026 constant-currency growth forecast to 4-4.4 per cent amid weak discretionary spending, even as Q3 revenue rises 4.6 per cent and net profit reaches $627 million.

Microsoft eyes to raise at least $25 billion in first US bond since 2017

Microsoft is seeking to raise at least $25 billion through its first US bond sale since 2017, testing investor appetite for AI-linked debt amid rising borrowing costs and spending concerns.

Titan's ZOYA eyes ₹500 crore revenue in FY27, plans to open three stores

Titan's luxury jewellery brand ZOYA aims to grow revenue from ₹400 crore to ₹500 crore in FY27 and expand its store network from 14 to 17, backed by strong demand for luxury jewellery

M3M India targets 10 mn sq ft branded residences portfolio by end of 2026

M3M India plans to expand its branded residences portfolio from 6.9 million to 10 million sq ft by the end of 2026 and has launched an exclusive homeowners' club in Paris

Scapia adds over 200,000 villas, homes and homestays to booking platform

Travel fintech firm Scapia has added over 200,000 villas, homes and homestays to its app across domestic and international destinations amid rising demand for alternative accommodation

Eleven Power to pursue legal remedies after HERC halts licence process

Haryana's electricity regulator has stopped further proceedings on the company's 25-year parallel distribution licence for Gurugram and Nuh following a state government directive

Trent Q2 net profit rises 25% to ₹468 crore on strong apparel sales

Trent's Q2 net profit rose 25% to ₹468 crore as revenue grew 22% to ₹5,873 crore, driven by strong consumer demand, improved operating margins and expansion of its Zudio and Westside stores.

Hallmarked but not pure? What gold buyers must check this Dhanteras

From checking the HUID on the BIS Care app to verifying gold weight, testing purity and seeking compensation for shortfalls, here's what buyers should know before buying gold this Dhanteras

Uber expands driver earning options, strengthens safety features in India

New features include flexible subscription passes, WhatsApp onboarding, ambulance assistance and encrypted in-app video recordings, alongside additional earning opportunities.

TVS Motor to raise e2W capacity to 80,000 units a month by March 2027

The company is currently operating at a monthly capacity of 60k-65k units as EV penetration rises to over 20% in the scooter segment, prompting rivals Bajaj Auto and Ather Energy to expand production

Unilever raises volume growth outlook as Q3 sales beat estimates

Unilever raised its 2026 volume growth outlook to at least 3% after Q3 underlying sales rose 5.2%, beating estimates, driven by strong demand in India and other emerging markets.

SBI Mutual Fund's AUM rises 10% to ₹13.1 trn; H1 operating profit up 11%

Operating revenue for the six months increased 12 per cent from a year earlier to ₹2,336 crore, the company said in a press release

Maruti Suzuki India's EV exports cross 50,000 units since August 2025

The e VITARA accounted for nearly 93 per cent of India's electric passenger vehicle exports in April-September 2026, with Europe emerging as the automaker's largest export market

Jio's strong market debut boosts confidence in India's IPO pipeline

With 113 companies cleared to list and another 115 having filed draft papers, Jio's debut could encourage large offerings from firms including PhonePe, Flipkart and Hindustan Coca-Cola Beverages

How Shapoorji Pallonji's debt mounted and why repayment is a challenge

Shapoorji Pallonji is seeking fresh funds to meet its debt obligations, as high borrowing costs, repeated refinancing and difficulties in selling its Tata Sons stake complicate efforts to reduce debt

Shapoorji Pallonji Group seeks to raise up to $200 mn to repay debt

The Indian conglomerate plans to raise $150 mn-$200 mn through rupee bonds issued by its Eqyizen Investment unit, with about half the proceeds earmarked to repay creditors of Porteast Investment

Nike deepens India push with new running shoe, Vegam Run, at ₹3,795

The sportswear giant will release the shoe on Flipkart on November 1, as it seeks to tap India's running boom and revive growth amid sales weakness in key markets, including China

TVS Motor Company moves to unbundle mobility, consumer finance business

TVS Motor's board has approved the demerger of its consumer finance business into Harita ARC and the merger of TVS Motor Services with the parent company to unlock shareholder value

Ola Electric's ₹1,000 cr rights issue fully subscribed as shares rally 23%

The electric scooter maker's rights issue drew bids for 37.14 crore shares against 37.03 crore on offer, with founder Bhavish Aggarwal participating fully in the offering

Jio IPO windfall brings mega party, early salaries, and bonus bonanza

The accelerated bonus payment brought forward a substantial portion of employees' annual performance-linked rewards