Page 50 - Company News

Reliance navigates oil market volatility with diverse sourcing, ops shifts

Reliance said it "worked with West Asia suppliers on alternative routing for stranded crude." It, however, did not elaborate

CIL plans comprehensive 10-year roadmap to slash 243 MT coal imports

The proposed roadmap targeting coal import cuts includes a detailed forensic audit of imports, backed by sector-specific policies and phased shift strategies to boost local supply

Adani Green to invest ₹15,000 cr to add 10 GWh battery storage in FY27

The proposed addition will be over and above the roughly 3 GWh of installed storage capacity the company expects to reach shortly, following the commissioning of 1.4 GWh during FY26

'India set to be FlixBus' largest market by passenger volume by 2030'

The company, which entered the Indian market in February 2024, currently offers only intercity bus services in India and plans to further scale its operations on the Delhi-Dehradun corridor

Pine Labs acquires Shopflo in ₹88 crore deal to expand D2C ecosystem

Acquisition of checkout platform Shopflo aims to strengthen Pine Labs' full-stack commerce offering and deepen engagement with D2C merchants across online and offline channels

Mahindra ranks 25th in top 100 valuable global auto brands: Report

Eight Indian auto brands feature in global top 100, with Mahindra leading at 25th as strong SUV demand, EV push and global expansion drive rising brand value

Flipkart elevates senior executives ahead of potential IPO launch

Walmart-owned e-commerce firm strengthens leadership bench to support next phase of growth and scale

ED raids Raheja Developers in money laundering case over fraud with buyers

The searches are being conducted in the matter of alleged fraud with the home buyers and non delivery of flats in its project Raheja Revanta, as per the officials

Lodha Developers targets 17% pre-sales growth in FY27 at ₹24,000 crore

During the full 2025-26 fiscal, the company's sales bookings rose 16 per cent to ₹20,530 crore from ₹17,630 crore in the preceding year

Stellantis India hits 50,000 vehicle milestone at TN manufacturing unit

Stellantis India marks the rollout of its 50,000th vehicle from the Thiruvallur plant, underlining India's role in global manufacturing, exports, and engineering excellence

Mercedes-Benz's India demand holds pace despite supply snags: Santosh Iyer

Mercedes-Benz India sees steady demand despite West Asia disruptions, but flags rising costs and supply delays that may push car prices higher

RBI cancels Paytm Payments Bank licence; cites governance lapses

Regulator cites governance concerns; says bank has sufficient liquidity to repay all deposits upon winding up and will approach High Court

Jio Platforms is moving 'steadily' towards IPO, says Mukesh Ambani

Jio Platforms net profit up 13% to ₹7,935 crore in Q4

SMFG infuses ₹1,075 crore into India NBFC arm to drive next phase

Capital infusion via rights issue to strengthen balance sheet and support digital-led expansion and risk management at SMFG India Credit

IndusInd Bank strengthens board, appoints 2 WTDs, 2 independent directors

IndusInd Bank strengthens its board with key executive and independent director appointments after leadership changes triggered by last year's accounting lapse

SBI General's FY26 profit rises 8.7% to ₹553 crore on premium growth

SBI General Insurance reports modest profit growth in FY26, supported by higher premiums, improved loss ratio, and gains in market share

IKS eyes US healthcare growth with TruBridge deal, targets AI synergies

IKS Health's proposed TruBridge acquisition aims to integrate EHR and workflow tools, drive cost efficiencies, and unlock AI-led gains in the US healthcare market

Shortage of memory chips likely to continue till 2027-end: Asus Co-CEO

While memory chip shortage has hit sales in markets across the globe, the Indian market has been resilient so far, said Asus global Co-Chief Executive Officer Samson Hu

CropLife India seeks 5-year data protection in Pesticides Management Bill

The organisation warned that its absence discourages companies from introducing newer and safer crop protection technologies in India

63SATS Cybertech partners with PDA to build cyber defence platform

Both 63SATS and PDA will provide clients with complete protection across the entire risk lifecycle: prevention, detection, response, regulatory compliance, legal defence and recovery