Page 6 - Company News

Anarock enters project management services vertical, hires 550 people

Mumbai-based Anarock Group, which clocked a total income of Rs 755 crore last fiscal, is expecting a revenue of Rs 125 crore from the PMES business during the 2026-27 fiscal

Maruti Suzuki to set up manufacturing plant in Guj; ₹4,960 cr plan okayed

Company to spend ₹4,960 crore on "land acquisition, development and preparatory activities" in Khoraj

Maruti Suzuki board approves ₹4,960 cr proposal to acquire land in Gujarat

The company's board, at its meeting held on Monday, granted approval to acquire land for the expansion of production capacity at Khoraj Industrial Estate from Gujarat Industrial Development Corporatio

Shapoorji Pallonji unit likely to face higher costs in new fundraising

Goswami Infratech, the SP Group's real estate and civil engineering company, is planning to raise as much as ₹25,000 crore ($2.77 billion) through a two-year zero-coupon bond issue

India's iPhone exports hit ₹2 trillion in CY25, a first since 2021

Apple's iPhone exports from India crossed ₹2 trillion in 2025, marking a major milestone for the PLI scheme and India's fast-deepening electronics manufacturing ecosystem

Adani group to invest ₹1.5 trn in Kutch, boost energy and port capacity

Adani said that every one of these investments aligns with India's national priorities: employment generation, industrial competitiveness, sustainability, and long-term resilience

NTPC to set up coal-to-SNG project at ₹10,000 cr capex in Chhattisgarh

In October 2025, NTPC announced signing an agreement with Engineers India Limited (EIL) to develop a coal-to-synthetic natural gas (SNG) facility

Lodha Developers acquires 5 land parcels in Q3 for projects worth ₹34k cr

Lodha Developers believes that the acquisition of these land parcels would allow the company to have better visibility of future growth

Space startup OrbitAid to showcase in-orbit refuelling tech for satellites

OrbitAid Aerospace is set to launch AyulSAT, a dedicated tanker-satellite, onboard the Polar Satellite Launch Vehicle (PSLV) on Monday to perform internal propellant transfer

Signature Q3 sales bookings fall 27% to ₹2,020 cr on lower housing sales

Real estate developers generally clock better sales bookings during the October-December period because of festive demand

Multi-tech pathway approach key to achieving energy security goals: Toyota

The company, a joint venture between Japan's Toyota Motor Corporation and India's Kirloskar group, said that a multi-technology approach is required towards combating carbon emissions

Volvo India eyes all-electric future as GST 2.0 lifts mild-hybrid demand

With the company refreshing its ICE (internal combustion engine) portfolio in 2025, flagship models XC90 and XC60 saw "a considerable double-digit growth in monthly sales

Warburg Pincus to invest ₹960 crore in Fleur Hotels, buy 41.09% stake

Lemon Tree Hotels announces strategic reorganisation, Fleur to be listed on bourses separately

Crest Ventures forms JV for Mumbai realty project with ₹1,850 cr revenue

The company's subsidiary, Crest Urban Living, has entered into a Joint Development Agreement (JDA) with Vensco Projects LLP for the development of a premium mixed-use project in Chembur, Mumbai

PhonePe launches PG Bolt to secure Visa, Mastercard payments via app

The solution utilizes device tokenization to provide a secure and efficient in-app checkout experience for PhonePe platform users and merchant partners, the company said in a statement

Prestige Group JV buys 16.38-acre land parcel in Chennai for ₹561 crore

Realty firm Prestige Estates Projects Ltd's joint venture firm has agreed to purchase a 16.38-acre land at Padi in Chennai for Rs 561 crore to build a real estate project.

Motherson acquires office space in Mumbai's BKC for ₹100 crore

Samvardhana Motherson has bought office space worth about ₹100 crore in Mumbai's BKC, underlining strong corporate demand amid a record-breaking year for the office real estate market

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

The telco will also pay ₹100 crore annually, from March 2032 to March 2035

Groww faces proxy advisory pushback over Esop, board nomination proposals

The stockbroker is seeking shareholder approval for amendments to the ESOP scheme and rights for founders to appoint directors to the board

AGR case: Vodafone Idea may consider raising debt to accelerate growth

While Vodafone Idea has shifted focus toward other options including raising debt, a potential equity investment may still take place, the people said