Page 44 - Company News

Sun Pharma terms $10 billion Organon acquisition reports 'speculative'

Sun Pharmaceutical said reports of a $10 billion acquisition of US-based Organon are speculative, adding there is no material information requiring disclosure to exchanges

Tata Capital's Q3 FY26 results: Profit rises 36% to ₹1,285 crore

Tata Capital's Q3FY26 profit jumps 36% to ₹1,285 crore on strong income and AUM growth; asset quality remains stable

Havells India Q3FY26 results: Net profit rises 8% to ₹300 crore

The company had posted a consolidated net profit of ₹277.96 crore in the October-December quarter a year ago, according to a regulatory filing from Havells India

Haryana Gramin Bank sets up IPO cell, aims to approach regulator soon

Haryana Gramin Bank has set up a dedicated IPO cell and, with support from PNB, plans to approach Sebi for listing by the end of the year, aiming to boost transparency and growth

TVS Infrastructure Trust raises ₹830 cr under ₹1,100-cr NCD programme

The company, in a statement, said the funds were raised through a 20-year, long-tenor bond issuance, anchored by the National Bank for Financing Infrastructure and Development (NaBFID)

JioHotstar annual premium plan to cost more from Jan 28; check prices here

JioHotstar said existing subscribers will continue on their current plans and prices, provided their auto-renewal settings remain active

61% airline travellers say DGCA penalty on IndiGo not sufficient: Survey

The DGCA imposed a record penalty of ₹22.20 crore on IndiGo for regulatory non-compliance, mainly linked to failures in implementing revised Flight Duty Time Limitation (FDTL) norms

Everstone to sell stake in Burger King operator Restaurant Brands Asia

Under the deal, Restaurant Brands Asia will get a new strategic investor, said the two sources, who declined to be named as the matter is confidential

ASK Property Fund to invest ₹210 cr in residential projects in Navi Mumbai

ASK Property Fund, part of the Blackstone-backed ASK group, will invest ₹210 crore in two Gami Group residential projects in Navi Mumbai, citing strong demand and infrastructure-led growth

MRPL explores buying Venezuelan oil as it halts Russian crude imports

The US in October sanctioned Russia's two largest oil producers - Rosneft and Lukoil - giving companies until November 21 to wind down dealings with them

Tech Mahindra on WEF list of organisations making AI work in real world

As investment accelerates and expectations rise, the findings highlight a growing divide between companies that have built the capabilities to scale AI and those still struggling to deploy

Suzlon appoints Paulo Fernando Soares as President of Europe business

The company said it is strengthening its global leadership structure to drive the next phase of international growth under its Suzlon 2.0 strategy

Nalco explores entry into rare earth mining amid critical minerals push

Nalco's Chairman-cum-Managing Director (CMD) said the bid advisor will assess mine viability, optimal acquisition premiums and participation in upcoming auctions

SunSource Energy founder-led trio plans ₹10,000 crore cleantech push

The first project involves a 6 gigawatt solar cell and module manufacturing plant with integrated ingot and wafer facilities at Chhatrapati Sambhajinagar in Maharashtra

Reliance Consumer Products sees four brands cross ₹1,000 crore mark

Reliance Consumer Products Ltd said four of its brands have crossed the ₹1,000 crore mark, with gross revenue touching ₹15,000 crore year-to-date in FY26, aided by strong festive-quarter performance

Sunteck Realty to launch ₹3,000 crore ultra-luxury goregaon project

Sunteck's rental revenue is expected to rise from Rs 70 crore in fiscal year 2025 (FY25) to Rs 320 crore and capital value from Rs 1,050 crore to Rs 5,000 crore by FY28-29

Lodha Developers net debt rises 15% to ₹6,170 cr on land acquisitions

During the latest December quarter, the company acquired 5 land parcels in Mumbai Metropolitan Region (MMR), Delhi-NCR and Bengaluru to develop projects

EXL to open 2 centres in Tier 2/3 cities, expects AI spend to surge in 2026

The firm, which employs nearly 45,000 of its 60,000-plus strong global workforce in India, is lining up client and infrastructure plans for the two new centres

Board meet to appoint Neville on Sir Ratan Tata Trust as trustee cancelled

The cancellation of the meeting comes over two months after the failure of the first attempt to induct Neville Tata on the board of SRTT, which holds 23.6% in Tata Sons

BCCL IPO boosts confidence as Coal India weighs more unit listings: CMD

The IPO of Bharat Coking Coal Ltd (BCCL), an arm of Coal India Ltd (CIL), got fully subscribed within minutes of opening for bidding on January 9