Page 43 - Company News

RBI closes Myntra FEMA case after ED nod, imposes ₹2.88 lakh fee

The Reserve Bank of India (RBI) issued the order on April 20 in the case of Myntra Designs Private Limited, the ED said in a statement

Ola Electric raises ₹780 crore through qualified institutional placement

EV maker exceeded its initial Rs 500 crore target; proceeds will fund debt repayment, growth initiatives and general corporate purposes

Inox Clean to acquire Vena Energy India's 6 GW renewable portfolio

The acquisition will expand Inox Clean Energy's operating and near-operational renewable portfolio to around 4 GW and take its development pipeline beyond 12 GW

Goldman Sachs buys ₹210-crore stake in Groww parent via block deal

The shares were picked up at an average price of ₹185.50 apiece, taking the deal value to ₹210.43 crore

Apple's App Store facilitated $1.4 trn in developer billings, sales in 2025

Apple said the study found that for more than 90 per cent of the billings and sales facilitated by the App Store ecosystem, developers did not pay any commission to Apple

Ramky Infra eyes ₹6,000 crore orders in FY27, explores carbon capture

The infrastructure company expects growth from wastewater treatment, industrial parks and circular economy projects while evaluating opportunities in carbon capture

India shouldn't let headwinds cloud its growth potential: Citi's Fraser

Citi Chair and CEO Jane Fraser says India remains the world's fastest-growing major economy and should stay focused on its long-term growth trajectory

Bajaj Housing, Aditya Birla Housing raise ₹2,767 crore through debt issues

Aditya Birla Housing and Bajaj Housing Finance raised ₹2,767 crore through bond issuances as top-rated HFCs return to fixed-coupon borrowing

BigBasket appoints Seshu Kumar Tirumala as chief operating officer

BigBasket appoints long-time executive Seshu Kumar Tirumala as COO to strengthen operations and drive growth across its quick commerce business

Vodafone Idea, Meta launch silent mobile verification for Vi customers

Vodafone Idea and Meta launch silent mobile verification to enable faster, OTP-free and more secure authentication across major social platforms

Goldman Sachs Services India head Gunjan Samtani to retire this year

Samtani, who spent 16 years with Goldman Sachs and nine years in his current role, will be succeeded by Ken Castelino and Balaji Sivasubramanian as co-heads

Viceroy Properties secures ₹250 crore funding from Bajaj Housing Finance

Mumbai-based developer Viceroy Properties will invest Rs 600 crore in its luxury residential project VISAVA in Versova, which has a revenue potential of Rs 1,000 crore

Suzlon broadens clean energy portfolio with battery storage plans

The ongoing conflict in the Middle East is adding financial pressure on India, a large importer of fuels whose circulation depends on the region

Hyundai sees Tamil Nadu as flagship EV hub; plans to strengthen ecosystem

HMIL plans to deepen localisation, boost procurement from Tamil Nadu suppliers, create 2,000 jobs and roll out two new models, including its first mass-market EV

IIFL Finance raises $500 mn through social bonds from global investors

IIFL Finance raised $500 million through its first social bond, attracting strong global investor demand to support financial inclusion lending

Reliance explores cash deployment options ahead of possible RBI rate hike

One proposal involves moving Reliance's cash holdings from liquid mutual funds into short-dated money market instruments, people aware of the conglomerate's thinking said

How a shareholder's complaint led Sebi to Rajesh Exports' ₹15 trn puzzle

A shareholder's complaint about unpaid receivables triggered a two-year investigation that led Sebi to question revenues, disclosures and overseas operations at Rajesh Exports

Rajesh Exports cites 'communication gap' with Sebi, says revenues correct

A day after Sebi's interim order raised questions over revenue misreporting, Rajesh Exports said the issue stemmed from a 'communication gap' and maintained its revenues were correctly reported

TVS Supply Chain, Italy's ALA Group form JV for aerospace, defence

The collaboration is expected to generate a cumulative revenue of over ₹2,000 crore by 2031, the company said

BigBasket elevates Seshu Kumar Tirumala as Chief Operating Officer

He has been associated with bigbasket since 2014, beginning as National Head - Buying & Merchandising and later rising to Chief Buying and Merchandising Officer