Page 54 - Company News

CIL allows direct participation of foreign coal buyers in e-auction

Currently, overseas consumers access Coal India's coal only through Indian traders

Supriya Life Sciences bets on regulated markets with new facility

The Mumbai-based pharma company has commissioned a ₹165-crore formulations plant at Ambernath to support contract manufacturing and strengthen its presence in regulated global markets

Devyani International-Sapphire merger set to add spice to QSR competition

Merger with Sapphire Foods will create a unified Yum! India franchise, while Devyani's non-Yum brands and acquisitions are expected to support topline growth

ITC sheds $7 billion as tax hike on tobacco products triggers rating cuts

ITC shares slump as steep excise duty hike on cigarettes wipes out over $7 billion in market value and triggers a spate of brokerage downgrades

LIC launches special campaign to revive lapsed life insurance policies

Campaign running from January 1 to March 2, 2026, allows revival of lapsed individual policies with concessions on late fees, aimed at restoring insurance cover for policyholders

No more fake Little Hearts: Delhi HC asks Amazon to delist copycat products

The copies were being sold online under the name 'Little Hearts' and looked very similar to Britannia's original product

Adani Total Gas slashes CNG, piped gas prices after PNGRB tariff reset

CNG and domestic piped natural gas prices have been cut by up to ₹4, the company said

Bajaj Auto reports 14% rise in total sales to 369,809 units in December

Total domestic sales were at 169,373 units last month as against 162,420 units in the year-ago period, up 4 per cent, Bajaj Auto Ltd said in a regulatory filing

Maruti Suzuki clocks record annual production of 2.255 mn units in 2025

Maruti Suzuki India Managing Director and CEO Hisashi Takeuchi attributed the record production to the efforts of the company's employees and the strong synergy that it shares with supplier partners

Cognizant hit with many US class-action lawsuits after TriZetto data breach

The complaints state that TriZetto, which provides healthcare claims, failed to protect personal data and did not inform affected people in a timely manner after a cyberattack

Ships with Russian oil signal Reliance's Jamnagar refinery as destination

The vessels, laden with nearly 2.2 million barrels of Urals, are currently signaling the huge Jamnagar complex and are expected to deliver their cargoes early this month

NTPC exploring international collaborations to push nuclear ambitions

NTPC is looking to set up around 30 GW of company-owned nuclear projects across various locations in the country

Adani Enterprises to launch public bond issue next week, say bankers

The planned fundraising also includes ₹500 crore in a greenshoe option, the bankers said, which firms typically exercise when pricing is favourable

Devyani, Sapphire to merge and create single franchisee for Pizza Hut & KFC

Devyani International will absorb Sapphire Foods under a share-swap merger to create a single Yum! India franchisee for KFC and Pizza Hut

Bharti gained most among India's top biz groups in 2025; Tatas stay ahead

All three Bharti group companies out-performed in CY25 but the biggest gains came from their flagship Bharti Airtel

Coal India posts 4.6% output growth in December, but offtake drops 5.2%

Coal India on Thursday reported a 4.6 per cent year-on-year (y-o-y) growth in production and a 5.2 per cent fall in offtake in December.

Food services provider Compass India looks to tap into travel retail

Compass group India serves nearly 1.2 million meals a day through 900 cafeterias, operating across around 45 cities

Maruti Suzuki to decide soon on revising small car prices: Official

The year also marked the commencement of export of Suzuki's first Battery Electric Vehicle (BEV), the e VITARA from its Hansalpur facility

Vodafone Idea slapped with ₹638 crore GST penalty, plans legal challenge

A day after getting major AGR dues relief, Vodafone Idea was slapped with a ₹637.9-crore GST penalty for alleged tax short payment

Hyundai Motor India records 6.6% sales growth to 58,702 units in Dec

This includes monthly domestic sales of 42,416 units and exports of 16,286 units, Hyundai Motor India Ltd (HMIL) said in a statement