Page 40 - Company News

Adani Ports bags 10-year contract for Argentina's first LNG export project

Contract has been awarded to APSEZ's step-down subsidiary, Adani Harbour International FZCO, through a consortium with Argentina-based Meridian Group

Enterprise AI adoption low due to high token usage, low RoI: Cognizant CEO

Cognizant CEO Ravi Kumar says excessive AI token spending without clear business outcomes is widening the gap between AI capabilities and enterprise adoption

Moët Hennessy eyes double-digit growth in India amid premiumisation push

Moët Hennessy India is betting on premium whisky, rising demand in smaller cities and experiential consumption to drive strong double-digit growth

LIC in talks with regulators to expand long-term instruments: CEO

He further said the sector regulator, Insurance Regulatory and Development Authority of India (IRDAI), has also been taking proactive steps in ensuring that the evolving needs of the market

M&M bets beyond tractors to drive farm mechanisation and rural enterprise

Expands focus beyond tractors into harvesters, seed drills and telematics-led services

Services, digital business emerge as drivers of TaMo CV arm's earnings

Iveco seen as technology and global expansion platform; EVs and hydrogen remain central to future strategy

Sattva explores data centres, expands Mumbai redevelopment pipeline

The Bengaluru-based developer is evaluating data centre opportunities while expanding its Mumbai presence through redevelopment-led residential and mixed-use projects.

Reliance Infra seeks review of surveillance framework linked to IBC

Reliance Infra has urged SEBI, NSE and BSE to review ASM-based trading curbs, saying restrictions hurt liquidity, price discovery and retail shareholders

Rajesh Exports may get dropped from PLI scheme, final decision in days

The Heavy Industries Ministry may remove Rajesh Exports from the ACC battery PLI scheme after SEBI's interim order alleging large-scale financial irregularities

Tata Motors to keep investing for cleaner mobility tech: Chandrasekaran

Tata Motors will continue investing in electric and hydrogen-powered commercial vehicles as it pursues cleaner mobility and next-generation transport technologies

Reliance Infra seeks review of weekly trading curb under ASM framework

Reliance Infra said that the current framework, which permits trading only once a week within a narrow 5 per cent price band, results in price movements that are largely mechanical

Embassy Developments sees FY27 pre-sales at ₹8,000 cr: MD Aditya Virwani

Embassy Developments Ltd Managing Director Aditya Virwani highlighted that the company performed well during 2025-26 with sales bookings rising 128 per cent to ₹4,631 crore

Ola Consumer turns cash flow positive as rivals burn ₹100 cr a month

The company reported operating revenue of about ₹1,171 crore in FY25, ahead of Rapido's ₹934 crore. Industry estimates suggest the gap is even wider on a net revenue basis

NCLAT quashes Ligare Aviation's insolvency, cites round-tripping issue

the appellate tribunal said the material on record "clearly proves" that there was no financial debt disbursed by the financial creditor (Religare Enterprises) to corporate debtor (Ligare Aviation)

UK low-emission project facing delay over power access issues: Tata Steel

Before experiencing delays in securing power access, the company was looking to begin operations of the EAF project by late 2027 or early 2028

AlphaGrep enters MF space, eyes ₹25,000-30,000 crore AUM in 3-5 years

The move comes after the company received approval from the Securities and Exchange Board of India (Sebi) to commence mutual fund operations

Nestle India's royalty payment to parent rises 14% to ₹1,024 crore in FY26

In the preceding year of FY25, Nestle India paid a general licence fee of ₹899.41 crore and ₹89.71 crore as 'withholding tax on general licence fees'

Advent Convention and Hotels International buys Mumbai land for ₹275 crore

In November 2025, Advent Hotels International was listed on the BSE and NSE following its demerger from Valor Estate

Bridge Green launches Tamil Nadu's first critical mineral recovery facility

Bridge Green Upcycle has inaugurated Tamil Nadu's first dedicated critical mineral recovery plant for spent lithium-ion batteries, with plans to invest up to ₹1,000 crore over five years

Centre puts BHEL, SAIL on one-year notice, reviews 'Maharatna' status

Government review finds BHEL and SAIL falling short of the profitability threshold required for Maharatna status despite meeting turnover and net worth norms