Page 5 - Company News

Amazon Great Indian Festival opens with record 100% growth in orders

Customers from every pin code placed orders as premium smartphones, home entertainment, fashion and beauty drove demand, with Amazon reporting its biggest-ever opening day

Sebi changed goalposts, seeks order logs: Trading firm Jane Street to SAT

Jane Street seeks order logs and counterparty details to defend itself in the market manipulation case, while Sebi argues that it has disclosed all material relied upon so far

FSSAI issues notices to Dr Reddy's, Nestle, Flipkart over misleading ads

The regulator also suspended Shreyash Retail's licence over expired and rotten food products and sanctioned prosecution against Nex International over excessive pesticide residues

Harness buys select assets of Augment Code to automate software coding

The acquisition brings Augment Code's Cosmos and Auggie CLI products into Harness, strengthening its push towards autonomous coding, testing, security and software deployment

Citi helps Indian companies raise nearly $16 billion so far in 2026

Citi has helped Indian companies raise nearly $16 billion through debt and equity markets in 2026 and advised on M&A transactions worth over $36 billion amid strong deal activity

Samsung sees record $80 bn quarterly profit as AI chip demand surges

Samsung forecasts record Q3 profit of 107.4 trillion won as AI-driven memory chip demand fuels earnings, while tight supply and rising chip costs pressure its smartphone business.

Bio-Synergy targets £3-5 million in India sales with DNA testing kit

UK health science firm partners with Kynora Life Sciences to launch DNA and epigenetics testing kits priced between ₹25,000 and ₹85,000, targeting personalised wellness in India

NTPC arm to soon start commercial operations of 500 MWh BESS capacity: CEO

NVVN CEO Somes Bandyopadhyay said the company plans to commission another 500 MWh of battery energy storage capacity during the current financial year under the government's 3,000 MWh scheme

Post-demerger, Vedanta declares first interim dividend of ₹5 per share

Vedanta said the dividend follows strong second-quarter performance, with record quarterly and half-yearly production across key businesses including zinc, aluminium, ferro alloys and ports

Brigade Group to invest ₹40,000 cr to build realty, hospitality projects

Bengaluru-based Brigade Group on Thursday marked the completion of 40 years in business

Info Edge Q2 billings rise 12.8% to ₹822 crore, recruitment segment grows

The Naukri.com operator's standalone billings rose to ₹822.3 crore in the September quarter from ₹729 crore a year earlier, while H1 FY27 billings grew 13.5 per cent to ₹1,559.3 crore

Reliance could be a cheaper way to own Jio after telecom unit's listing

Reliance shares imply a 36 per cent discount to the value of its roughly two-thirds stake in Jio Platforms, though analysts see about 25 per cent as a more sustainable gap after the telecom unit lists

Amazon cuts around 1,000 jobs; India retail employees among those hit

Amazon has cut nearly 1,000 white-collar jobs, affecting employees in India, the US and the UK. The layoffs mainly impact its Stores unit as the company expands its focus on AI

NTPC plans ₹14,000 crore investment in Chhattisgarh gasification project

NTPC expects around ₹2,000 crore in government support for its proposed Talaipalli plant, which will produce synthetic natural gas and take four to five years to build.

India may provide cheapest AI access to every citizen in 5-7 yrs: Jio exec

India could emerge as a global AI-agent exporter by cutting inference costs and making AI more affordable and accessible domestically

WNS Global Services leases 322,000 sq ft of office space in Thane tower

WNS has leased 322,000 sq ft at Hiranandani Centaurus through two agreements, with monthly rent of about ₹2.90 crore and total rental outgo estimated at ₹619.37 crore.

From roads to solar: DBL plans ₹15,000 crore energy infrastructure push

Dilip Buildcon plans to invest ₹6,572 crore in Madhya Pradesh solar projects, with its overall energy portfolio expected to generate lifetime revenue of ₹68,000 crore

Brookfield to acquire ESR India's logistics portfolio for ₹4,300 crore

The 10.5 million sq ft portfolio marks Brookfield's entry into industrial and logistics real estate in India, with ESR continuing to manage the assets in the near term

Gabriel India forms joint venture with Forvia for advanced seating systems

The joint venture, Faurecia Anand Seating India, will combine Forvia's seating technology with Gabriel India's manufacturing capabilities to serve Indian automakers.

L&T arm bags order worth over ₹5,000 crore for Jharkhand power project

L&T Energy CarbonLite Solutions has secured a limited notice to proceed for the main plant package of the 1,600 MW Chandrapura thermal power project in Jharkhand.