Page 5 - Company News

Biocon opens ₹4,500 crore QIP, sets floor price at ₹387.74 per share

Biocon has opened a ₹4,500-crore QIP and fixed a floor price of ₹387.74 per share. The company said it may offer a discount of up to 5% and will finalise pricing with lead managers

Kotak Mahindra Bank appoints Anup Kumar Saha as whole-time director

He will oversee consumer banking, marketing and data analytics at the bank

PFC plans to raise up to ₹5,000 crore through public issue of NCDs

Power Finance Corporation plans to raise up to ₹5,000 crore via a public NCD issue, offering up to 7.30% returns and targeting retail investors

Reliance says battery manufacturing plans on track, 2026 target unchanged

Reliance had previously indicated 2026 as the target to begin manufacturing battery cells

TCS sees continued headcount decline despite higher fresher intake

TCS' voluntary attrition for the quarter stood at 13.5 per cent, slightly higher than 13.3 per cent in the preceding quarter

JP Morgan's India arm leases 2.7 lakh sq ft in Powai for ₹612 crore

JP Morgan India leases 2.7 lakh sq ft in Powai for ₹612 crore over five years, opting for a premium managed office space operated by Cowrks

Bhumika Realty raises ₹170 cr to fund mixed-use project in Faridabad

Bhumika Realty raises ₹170 crore from Aditya Birla Sun Life AMC-BGO credit platform to fund its ₹700-crore mixed-use project in Faridabad

Suraksha Group completes 6K homes at Jaypee's stalled Wish Town projects

Suraksha Group completes nearly 6,000 homes across 63 towers at Noida's Wish Town, securing OCs for over 3,100 units after Jaypee Infratech takeover

Maruti signs MoU with IOCL to set up service stations at fuel outlets

Under the partnership, customers will be able to access routine maintenance, minor repairs and major services at these facilities

Nissan appoints Thierry Sabbagh to lead operations in India, Middle East

Automaker Nissan on Monday said it has appointed Thierry Sabbagh as Divisional Vice President and President, Middle East, KSA, CIS and India -- Nissan and Infiniti.

New labour codes, restructuring and provisioning impact TCS' Q3 profit

Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS's Q3 FY26 profitability

Anarock diversifies into project management, adds 550 to workforce

Mumbai-based Anarock Group, which clocked a total income of Rs 755 crore last fiscal, is expecting a revenue of Rs 125 crore from the PMES business during the 2026-27 fiscal

Coromandel to set up corporate research centre at IIT Madras Research Park

Coromandel International signs MoU with IIT Madras to set up a corporate research centre, boosting agri innovation, sustainability, and industry-academia collaboration

Finops platform Bluecopa raises $7.5 million in Series A funding round

Finops startup Bluecopa raised $7.5 million in a Series A round led by Analog Partners to expand its AI-native autonomous finance platform globally

ASK Property Fund invests ₹340 cr in Mantra Group projects in Mumbai, Pune

ASK Property Fund has invested ₹340 crore in three Mantra Group residential projects in Mumbai and Pune, backing NCLT acquisitions and ongoing construction

Websol to invest ₹3,538 cr in solar manufacturing complex in AP's Naidupeta

The project, comprising 4 Gw solar cells and 4 Gw solar modules, will be developed in two phases over 120 acres, with commercial production scheduled from July 2027 and July 2028

Bain Capital's plan to acquire Manappuram Finance delayed by RBI concerns

Bain received approval for the Manappuram deal, which was announced last March, from India's market regulator and the competition commission but the RBI is the final authority for the clearance

Reliance says battery-making plans remain on track, denies pause report

Reliance Industries said its battery cell manufacturing plans remain on track, rejecting a report that it had paused the project after talks with a Chinese technology partner fell through

IHCL gets India's 1st sound mark registration in hospitality for Taj brand

The registration legally protects the marquee brand Taj's distinctive sonic identity as a trademark, recognising sound as a core brand asset

Maruti joins hands with IOCL for service facilities at fuel retail outlets

Customers can get routine maintenance, minor repairs, and even major services at these facilities, making car care easier and more accessible, the auto major said in a statement