Page 5 - Company News

Krafton India makes strategic investment in Bitkraft Ventures' global fund

Krafton India on Monday announced a strategic investment in Bitkraft Ventures' Global Fund, underscoring its commitment to supporting the growth of India's gaming and startup ecosystem.

IPO-bound Laxyo expands operations in Africa, bags ₹200-cr order in Zambia

The project, being executed through its subsidiary, Laxyo Evapeta Zambia Ltd, represents the company's first overseas raise-boring contract and currently accounts for 12.6% of its total order book

Nayara Energy crosses 7,000 petrol pumps in India, expands retail network

The company in a statement said it added more than 500 outlets over the past 18 months, equivalent to nearly one new station a day, as it continued to invest in strengthening its nationwide retail net

ArcelorMittal ties with Amazon Web Services to automate global operations

The firm will converge some of its operational technology and information technology on AWS infra, designed for security and scale, extending cloud and AI to the edge of its production environments

IHG Hotels & Resorts to develop 115-key Holiday Inn hotel in Mathura

The hotel is scheduled to open in early 2030 and will offer 115 rooms and suites, the global hospitality company said in a statement

Maruti Suzuki to set up advanced manufacturing labs at 5 Gujarat ITIs

Maruti Suzuki will establish Advanced Manufacturing Labs at five ITIs in Gujarat to strengthen industry-ready skills and support the state's expanding automotive manufacturing ecosystem

Aurobindo Pharma gets US FTC nod for $250 million acquisition of Lannett

The transaction, valued at $250 million on a cash-free, debt-free basis and inclusive of normalised working capital, is expected to close before the end of this month

Reliance Jio IPO may reshape telecom sector, tariffs and satcom play

Jio Platforms' proposed listing could sharpen investor scrutiny of India's telecom sector, with focus shifting to tariff hikes, satellite broadband and AI-native services

From Jio to O2C: Why Ambani still sees energy driving Reliance growth

As telecom, retail and digital businesses contribute larger share of revenue, Mukesh Ambani says Reliance's O2C and oil & gas divisions remain crucial cash generators and key drivers of future growth

Mahindra Lifespaces eyes ₹45K cr project launches over next 2 years

Mahindra Lifespaces plans ₹45,000 crore worth of project launches over the next two years as it accelerates expansion to achieve ₹10,000 crore annual sales by FY30

Voltas crosses 1 million AC sales mark in record time during FY27

Voltas said robust consumer demand, an expanded distribution network and marketing initiatives helped it cross the 1 million air-conditioner sales mark in record time during FY27

Tata Motors secures orders for over 3,400 electric commercial vehicles

Tata Motors secured orders for over 3,400 electric commercial vehicles, signalling wider adoption of EVs beyond pilot projects

Premium segment may account for 20% in overall topline by 2032: Steelbird

Steelbird expects premium helmets to contribute 20% of revenue by 2032 as it ramps up capacity and expands the Ignyte range

Jyothy Labs to expand Exo into broader franchise as Henkel exits portfolio

After Henkel ended its Pril and Fa licensing pact, Jyothy Labs is betting on Exo to drive premiumisation and future growth

Prestige to launch 2 housing projects in Delhi-NCR, eyes ₹7,000 cr revenue

In April last year, Bengaluru-based Prestige Group launched its first housing project in Delhi-NCR with a total revenue potential of around ₹12,000 crore

ONGC now a 'gas-and-oil' company as output shifts to natural gas: Chairman

Arun Singh said gas is emerging as the dominant growth driver for the state-run explorer, with rising domestic demand, supportive pricing reforms and new field developments pushing production higher

Voltas sells record 1 million AC units in Q1FY27 amid strong demand

The Tata Group company claimed it has achieved the landmark in record time and further strengthened its leadership position in the Indian room air conditioner (RAC) market

Dalmia Bharat to raise ₹4,000 cr, targets capacity growth by FY31

Dalmia Bharat remains optimistic about the cement industry's growth prospects and expects cement demand to expand at a compound annual growth rate (CAGR) of 6-7 per cent

Sun Pharma to acquire 100% stake in Innovcare Lifesciences for $28.7 mn

Sun ​Pharmaceutical Industries said ‌it will acquire 100% of ​Innovcare Lifesciences

Flipkart extends Indian ecommerce lead, Myntra widens lead in fashion: BofA

BofA said Myntra's leadership in fashion appears to be deepening, aided by relatively limited competition in premium fashion and beauty categories