Page 45 - Company News

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

GalaxEye gears up for Mission Drishti, plans 10 satellite constellations

GalaxEye plans to deploy two more satellites by the end of the next few years and six-seven more satellites by the end of the decade, scaling the total satellite constellation to 10 by 2030

Adani Solar only Indian firm in Wood Mackenzie's global top 10 ranking

Adani Solar, the solar photovoltaic manufacturing arm of Adani New Industries Limited (ANIL), was assigned a Grade A classification by the global energy and natural resources consultancy

EIL secures $350 mn contract for Dangote refinery expansion in Nigeria

EIL was the engineering, procurement and construction management (EPCM) consultant for Dangote Group when it first built an oil refinery

Edelweiss Life targets double-digit growth, breakeven by FY27: CEO

The insurer was primarily a one-channel company early on, he said, adding that "we now operate as a multi-channel insurer, with proprietary and partnership distribution contributing roughly 50-50

Amway India loss widens to ₹74.3 cr in FY25, sales dip 10.5% to ₹1,148.2 cr

Amway India Enterprise had reported a total loss of ₹53.38 crore, and its revenue from operations was at ₹1,283.75 crore in the previous financial year

Elon Musk's X offers $1 million reward for best long-form article

The announcement was made on Saturday by X's Creators account, which said the "top article" of the upcoming payout period would receive the $1 million award

EDME Insurance eyes overseas expansion, targets ₹1,600 cr business

Talking about the acquisition of UIB Insurance Brokers (India) Pvt Ltd, he said that with the buy, business has increased to about ₹850 crore

Maruti Suzuki plans expansion, to invest ₹35,000 cr in new Gujarat plant

Production at the plant is expected to begin in financial year 2029 and will add to the annual production capacity of 2.4 million vehicles for Maruti

Smartworks eyes 35% annual revenue growth by FY30, plans new-city entry

Coworking firm Smartworks plans 30-35% annual growth over the next few years, driven by capacity additions, enterprise demand and expansion into new Tier I markets

Reliance Retail's Q3FY26 results: Net profit rises 2.1% to ₹3,558 crore

Revenue from operations stood at Rs 86,951 crore, up 9.2%

Wipro's Q3FY26 results: Net profit declines 7% to ₹3,120 crore

Wipro's Q3 profit fell 7% year-on-year due to labour code impact, even as IT services revenue beat estimates and margins improved on cost controls

Bharat Forge signs ₹300 cr contract under EP-VI norms for army, navy

Bharat Forge bags ₹300 crore EP-VI defence contracts to supply indigenous ISR drones and loitering munitions to the Army and Navy, boosting Atmanirbhar Bharat push.

Coca-Cola evaluating acquisition opportunities in India, says CFO

Coca-Cola is evaluating acquisition opportunities in India as it expects the country to become its third-largest market by volume in the coming years

FDA observation to hit Lanreotide supply; Cipla may face earnings risk

Cipla said supplies of its key US drug Lanreotide will remain constrained after its manufacturing partner paused production following USFDA observations

360 ONE Asset to invest nearly $70 million in Iscon Balaji Foods

With this investment, IBF plans to expand its network to over 25,000 farmers over the next three years

Wipro slashes FY26 fresher hiring target to 7,500-8,000 amid muted Q3 show

The adjustment comes after muted third-quarter earnings, during which the Bengaluru-based firm added only about 400 freshers to its rolls

HDFC ERGO MD & CEO Anuj Tyagi resigns, board begins succession process

HDFC ERGO CEO Anuj Tyagi resigns to pursue entrepreneurial plans, with the board starting a structured succession process to ensure leadership continuity

JSW Infra Q3 results: Profit grows 9% to ₹359 crore amid higher revenue

JSW Infrastructure's Q3 FY26 profit rose 8.9% on higher port volumes and revenue growth, though earnings missed analyst estimates

LIC demerger, PSU insurer divestment drive 'Insurance for All by 2047'

An IIM Kozhikode panel has proposed splitting LIC and divesting weak PSU insurers to boost competition, capital and insurance penetration under the 'Insurance for All by 2047' vision