Page 56 - Company News

Infosys declares 85% average Q3 bonus for employees after strong results

Improved variable pay for December quarter follows steady revenue momentum and deal wins, lifting employee sentiment even as technology stocks face pressure over automation concerns

Singapore-based flex space provider Just Co enters Indian market

Gurugram and Bengaluru among first centres as Singapore-based firm launches super-premium workspaces under The Collective brand

Attero to invest ₹7K crore over 5 years in proposed rare-earth corridor

Plans refining push in Tamil Nadu and Andhra Pradesh; lithium recycling capacity to rise to 300,000 tonnes in five years; magnet recycling capacity to increase 100-fold in two years

Crisil net profit rises 7.5% to ₹241 crore in quarter ended Dec 2025

Crisil posts 7.5% rise in Q4 net profit to ₹241.5 crore, declares ₹61 total dividend; Amish Mehta reappointed MD & CEO

Inox Wind Q3FY26 results: Net profit rises by 14% to ₹126 crore

Inox Wind posts 14% rise in December quarter profit to Rs 126.65 crore; order book stands at 3.2 GW with strong FY26 inflows

AI payments firm AvenuesAI net profit at ₹71.88 cr, revenue doubles

Infibeam Avenues, now AvenuesAI, posts 15% rise in Q3FY26 net profit as revenue from operations more than doubles to Rs 2,381 crore

Alkem MedTech to acquire 55% stake in Occlutech for €99.4 million

Alkem Laboratories' devices arm to acquire controlling stake in Swiss cardiac implant maker, marking entry into global structural heart segment

GREW Solar raises ₹1,050 crore to expand solar cell capacity to 8 GW

Chiripal Group-backed solar module maker to scale cell capacity from 3 GW to 8 GW, with fresh funds from Bay Capital and institutional investors

Honasa Consumer expects robust FY27 growth as Mamaearth rebounds: CEO

Launched in 2016, the brand grew popular for its range of "toxin-free" mom-and-baby products such as face washes, shampoos and hair oils

Transrail Lighting secures orders worth ₹2,350 crore in domestic market

Mumbai-based Transrail is an EPC player in the transmission and distribution (T&D) segment, along with civil, railways, poles and lighting, having a footprint across 63 countries

Mahindra LMM bets on e-autos as Udo launch targets next EV growth phase

LMM expects the electrification rate among three-wheelers to rise to 55-60 per cent by 2030 from 35 per cent at present

PFC, REC say merger transition smooth; merged firm to have 20% exposure cap

Power financiers say post-merger single-entity exposure limit will be 20%, expect adequate headroom for borrowings and smooth transition

ONGC's Q3 FY26 results: Net profit increases 22% to ₹11,946 crore

ONGC's board of directors declared second interim dividend of ₹6.25 per equity. The total payout would be ₹7,863 crore for the dividend

Rolls-Royce to expand footprint across India's air, land, sea domains

Under the ambitious initiative, Rolls Royce is looking at more than doubling the size of the its workforce to approximately 10,000 people in India

M&M sees green shoots in US tractor mkt as tariffs ease after trade talks

Mahindra & Mahindra expects improved competitiveness in the US as tariffs drop to 18 per cent, plans to supply inventory from bonded warehouses

Hindustan Unilever fully buys Zywie Ventures, sells stake in Nutritionalab

USV acquires 79% in Nutritionalab for Rs 1,583 cr, including HUL's 19.8%

Driven by FTAs: Ashok Leyland may redraw EU and UK export playbook

Hinduja Group flagship may consider exporting electric buses from India to EU and UK markets, while expanding capacity in West Asia

US LNG imports hinge on pricing: Petronet LNG CEO Akshay Kumar Singh

Petronet LNG chief says any additional US LNG imports will hinge on pricing; Q3 consolidated net profit declines 2.4% to Rs 845.50 crore

Wipro to hike salaries from March 1, bringing much-needed relief to staff

IT major to implement salary increments from March 1 after deferring hikes in September; percentage of increase not immediately specified

Mahindra expands Chennai research valley with ₹196 crore investment

Automaker to invest ₹196 crore in expanding Mahindra Research Valley in Chennai, adding advanced R&D and testing facilities and creating 2,000 jobs this year