Page 48 - Company News

Tesla showcase at ACKO Drive in Bengaluru open to public from Jan 15-31

The showcase will be held at the ACKO Drive Service Centre and it will be open to the public from January 15 to 31, according to a press release

Kolte-Patil Developers signs ₹850-crore housing JD project in Pune

Blackstone-backed Kolte-Patil Developers has signed a joint development deal for a residential project in Pune's Bhugaon micro-market with a gross developable value of ₹850 crore

Ola Electric announces expansion of 4680 Bharat Cell platform

Ola Electric on Wednesday announced the expansion of its 4680 Bharat Cell platform.

Piramal Fin aims to raise up to $1 billion in foreign loans every year

The company has a target to get 12-15 per cent of its overall liabilities from foreign sources, he said, adding that this will be across all routes

Indian Oil buys first Ecuador crude cargo as it diversifies from Russia

IOC bought 2 million barrels of medium-heavy sour Oriente oil, the sources said, without elaborating ‌on the pricing and seller

HCLTech counts on M&As to add 1.5% to revenue: CEO & MD C Vijayakumar

IT companies are looking to diversify and look beyond traditional revenue segments, as growth has remained damp over the last few years

Tata Motors ramps up capacity amid strong demand for Sierra, Punch

The country's third-largest PV maker is scaling up output through debottlenecking and brownfield expansion as demand for Sierra builds and the Punch facelift, including a CNG automatic, gains traction

Elie Saab forays into Indian branded residence market with M3M group

Elie Saab to open first retail store this year

Standard Chartered Bank won't push standalone credit cards going forward

Bank will focus on multiproduct relationships with individual clients, which is anchored in wealth solutions, and international banking

Polygon Labs set to acquire two crypto firms for over $250 million

These acquisitions come at a time of a favourable regulatory environment for the sector in the United States (US), with further plans to scale in markets where regulations are favourable

USK Capital acquires US-based snacking brand Go Raw

The office acquired a majority stake in Go Raw's parent, Freeland Foods LLC, through one of the operating entities owned and controlled by USK Capital under the overseas direct investment route

CCI clears ChrysCapital's proposal to acquire stake in Nash Industries

Mumbai-based ChrysCapital is acquiring stakes through its three affiliates, ChrysCapital Fund X, Two Infinity Partners and Blue Wave Investments Ltd. These entities invest in different sectors

Ducati India plans 10 new model launches in 2026, price reveal soon

Of the 10 new models, one motorcycle model, Panigale V4R, has already hit the market on January 2, Ducati said

RedTape founders look to sell majority stake, approach Blackstone, KKR

EY has reached out to private equity firms Blackstone and KKR and Co to explore potential offers for the family's stake, said two of the three sources

Indofast Energy to install 23 battery swapping stations on Mumbai Metro 3

Currently, Indofast Energy has 19 swap stations in Mumbai, including the company's 1,000th station at Lokmanya Tilak Terminus

zingbus bets on demand-led expansion to hit ₹350 crore revenue in FY26

This growth is supported by extensive intercity route expansion across north and south India, launching 28 new routes for zingbus Maxx and zingbus Plus, the company said

PhysicsWallah plans to open 70 offline centres each year: CFO Sachdeva

Ed-tech firm plans to expand into more categories, eyes markets in South India

Liquidnitro Games raises $19.1 mn in Series A led by Northpoint Capital

The Hyderabad-based game production firm said the funding will help scale its AI-enabled production platform, expand partnerships through co-investments and grow its footprint across India

TVS SCS wins Daimler contract for end-to-end in plant warehouse management

TVS Supply Chain Solutions will manage end-to-end warehouse operations at Daimler India Commercial Vehicles' Chennai facility, deploying about 700 staff and using IoT, automation and analytics

L&T wins order worth up to ₹2,500 cr for cable-stayed bridge in West Bengal

L&T will build a 3.2-km 2+2 lane cable-stayed bridge with 177 m span, including 0.9 km and 0.65 km approach roads on Kakdwip and Sagar Island sides