Page 414 - Company News

Kalpataru Projects gets Rs 2,300 cr new orders in India, international mkts

The international orders have been bagged by its transmission & distribution (T&D) business, while the buildings business has got orders in India

Explained: Why Infosys, Cognizant are battling it out in a US court

Infosys and Cognizant are locked in a legal battle over trade secrets, anti-competitive practices, and executive poaching in healthcare IT. Here's a deep dive

Private capex unlikely to pick up despite high profitability: Crisil

Rather than investing to create new capacities, India Inc has deployed money to retire debt and other measures rather than investing it even though the capacity utilisation levels are high

Vikram Solar to set up 1 GWh solid-state battery plant, expand to 5 GWh

The integrated solid-state battery manufacturing facility plans to scale up to 5 GWh, reinforcing India's push for energy storage and self-reliance

Russia-backed refiner Nayara Energy lines up $217.5 million share buyback

Nayara has decided to offer Rs 731 ($8.39) apiece totalling about Rs 1,894 crore to more than 200,000 minority shareholders who did not participate in previous delisting and exit offers

Blue Star to invest ₹400 cr in capacity expansion, eyes 20% growth in FY26

Of the total capex, Rs 200 crore will be allocated to the third phase of its Sri City plant to increase room air conditioner capacity by 12 lakh units from the current 8.5 lakh units

The Wealth Company eyes expansion, targets three-fold growth in Tamil Nadu

Currently, Chennai accounts for 5.15 per cent of the company's AUM, a figure that The Wealth Company aims to increase to 15 per cent

Microfinance firm CreditAccess says asset quality, overdue loans moderating

Company expresses concern about business growth in Karnataka where it has its headquarters

No pets left behind: Uber Pets expands to Delhi, Mumbai for friendly rides

Available both on-demand and as a reserve option, Uber Pet offers riders the choice to book a ride instantly or plan in advance

Britannia Industries CEO Rajneet Kohli steps down, effective March 14

Kohli joined as Britannia's CEO in September 2022 and previously held leadership roles at Domino's India, run by Jubilant Foodworks, Asian Paints and Coca-Cola Co

CorporatEdge raises Rs 100 cr equity fund from Carpedium Capital for growth

In a statement on Thursday, CorporatEdge said the company plans to deploy Rs 350 crore, which includes Rs 100 crore equity infusion

M&M ranks in top 1% of S&P Global's corporate sustainability assessment

Mahindra & Mahindra is the only global carmaker in the top 1% of S&P Global's 2025 Sustainability Yearbook, achieving a perfect 100 percentile in business ethics, risk management, and transparency

Sorin Investments leads $7 mn Series A round funding in AI firm Beacon.li

Beacon aims to expand its AI capabilities, scale its global footprint, and further enhance enterprise automation

Kalyani Powertrain, Compal partner to make 'X86 platform' servers in India

The two parties have signed a Memorandum of Understanding (MoU) to develop server business using locally manufactured solutions in India

German firm Infineon inks pact with CDIL to supply chips for semiconductors

Under the agreement, Infineon will supply bare semiconductor wafers to CDIL, which the Indian firm will process and use for assembly and packaging to make power chipset

Ola Electric becomes first 2W EV manufacturer to bag PLI incentives

Ola Electric's eligibility for the incentive underscores its leadership in India's EV revolution

Fertilisers and Chemicals Travancore in talks to buy phosphate from Togo

India's rock phosphate imports from Togo have risen steadily over the past few years, with purchases made on a spot basis

Why Honda could lose out to local rivals in India's scooter market

With rising incomes across India and Southeast Asia, the sector is booming: McKinsey & Co reckons sales will grow at 8.7 per cent a year through 2029

Oyo speeds up IPO plans as Ritesh Agarwal's debt repayment date looms

Creditors, including Mizuho Financial Group Inc insist that founder Ritesh Agarwal pay off the dues for $383 million he borrowed

DBS' outgoing CEO Piyush Gupta gets $13 million in 'Another Banner Year'

Gupta received a cash bonus of S$6.6 million, which took his pay package to S$17.6 million ($13.2 million), from S$11.2 million a year ago when he took a pay cut due to digital banking glitches