Page 49 - Company News

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

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