Page 43 - Company News

ONGC, Shell Energy sign MoU to explore deepwater oil, gas and LNG in India

ONGC said its collaboration with Shell will focus on two key areas: upstream oil and gas, and LNG

Raymond Lifestyle eyes Europe for 25% of exports, cuts US dependence

The ‌plan comes as garment exporters reassess their dependence on the US market after tariff-related disruptions and position for higher demand following India's trade deals with Britain and Europe

After TCS, HCLTech say no evidence of systems breach after hacking claims

HCLTech said there was no evidence of breach of the company's systems or engagement with any of the company's clients

US court dismisses fraud charges against billionaire Gautam Adani

US District Judge Nicholas Garaufis in Brooklyn, New York, on Monday dismissed conspiracy, securities and wire fraud charges against Adani and his nephew Sagar Adani

Brookfield India Reit, NCW fund to buy Mumbai office space for ₹1,700 cr

Brookfield India Reit and Prime Offices Fund will acquire 264,000 sq ft of Grade-A office space in Mumbai's Bandra-Kurla Complex in an equal partnership

Bajaj Life Insurance's Tarun Chugh top paid life insurer CEO in FY26

Bajaj Life Insurance CEO Tarun Chugh topped India's life insurance sector with ₹33.66 crore in FY26 as Irdai tightens scrutiny of executive pay and links incentives to customer outcomes

One in 10 staff at California-based tech unicorns works from India: Study

India accounts for an average 12 per cent of employees at California-headquartered tech unicorns, second only to California, according to Stanford University research

TCS flags alleged employee data exposure, says customer systems unaffected

TCS said the information referenced appeared to be more than four years old and limited to basic employee information, with no indication that customer data was impacted

NHPC targets ₹15K cr capex in FY27 amid expansion of hydro project pipeline

The state-owned hydropower major has over 10 GW of capacity under clearance and 17.9 GW of pumped storage projects at various stages of implementation

BSNL proposes ₹77K cr capex over next 5 years to break even by FY29

BSNL plans ₹77,000 crore of capex over five years to add 200,000 4G sites and expand 5G, targeting operational break-even by FY29

Zostel withdraws plea seeking Sebi action over claimed 7% stake in Oyo

The Delhi High Court allowed Zostel to withdraw its application and declined to intervene at this stage in Sebi's handling of its complaint over the claimed stake

Shiprocket bets IPO proceeds on AI as it expands beyond core shipping biz

Shiprocket plans to invest much of its IPO proceeds in AI and emerging businesses as it seeks to offer merchants technology spanning advertising, freight and commerce

Leela Palaces to invest up to ₹185 crore in subisdiary Buildminds

The investment in Buildminds will be made through subscription to Compulsorily Convertible Preference Shares (CCPS) in one or more tranches over one or more years

Hyundai eyes 1 mn connected-car sales by 2027 amid rising tech adoption

Connected-vehicle penetration across Hyundai's portfolio has risen five-fold since 2019, with the automaker targeting cumulative sales of over 2 million by 2030

Hyundai Motor India targets 1 million connected-car sales by 2027

Hyundai Motor India expects connected-vehicle penetration to rise as customers seek greater safety and convenience, with sales targeted to cross 2 million by 2030

Some employee data allegedly exposed, customer data unaffected: TCS

TCS said it had safeguards in place for more than two years against the method used to carry out the attack. The IT firm's operational systems have not been affected, it added

DBS Bank India sanctions ₹520 crore construction finance to K Raheja Corp

The facility will finance a 1.1 million sq ft Grade A commercial tower in Pune's Balewadi, amid strong office leasing demand and growth in the city's business districts

Embassy Reit bullish on India's market; eyes organic, inorganic growth: CEO

Embassy REIT owns and operates a portfolio of over 52 million square feet of office spaces across Bengaluru, Mumbai, Pune, Delhi-NCR and Chennai

Dabur accuses FSSAI of favouring rivals over '100%' product claims

Dabur has accused FSSAI of favouring other manufacturers over its restrictions on "100 per cent" claims on food products

Thermo Fisher eyes 15-20% India customer growth on biopharma research boost

The US-based company said it is eyeing continued double-digit growth in India driven by rising demand from biopharma, semiconductor, and clean energy sectors