Page 9 - Company News

Embassy Reit bullish on India's market; eyes organic, inorganic growth: CEO

Embassy REIT owns and operates a portfolio of over 52 million square feet of office spaces across Bengaluru, Mumbai, Pune, Delhi-NCR and Chennai

Dabur accuses FSSAI of favouring rivals over '100%' product claims

Dabur has accused FSSAI of favouring other manufacturers over its restrictions on "100 per cent" claims on food products

Thermo Fisher eyes 15-20% India customer growth on biopharma research boost

The US-based company said it is eyeing continued double-digit growth in India driven by rising demand from biopharma, semiconductor, and clean energy sectors

Airtel Business, ITI partner to provide digital solutions to enterprises

The move is expected to enhance Airtel Business' share in the public sector, including Defence sector, by leveraging quota of ITI Ltd

CESC unit to acquire renewable assets from ReNew Solar for $510 million

The transaction, expected to close before October 31, will be funded by the parent company, and will accelerate the group's plan to build a 10 GW renewable energy platform over the next few years

Mahindra Group announces Amit Sinha CEO of Holidays and Lifespaces sector

The move comes amid the group's strategic focus on Holidays and Lifespaces sectors aimed at accelerating growth and realising operational synergies across businesses

IFC to invest ₹225 crore in NDR Smart Spaces for warehousing expansion

The International Finance Corporation (IFC) on Monday announced an equity investment of Rs 225 crore (around USD 23 million) in NDR Smart Spaces.

Blue Cloud Softech's US arm signs $150 mn AI infra deal with SpaceX Int'l

Blue Cloud's US subsidiary will provide AI infrastructure, cybersecurity, telecommunications and data centre solutions to SpaceX International under an 18-month agreement

Tata Trusts meets this week ahead of high-stakes AGM over quorum concerns

Tata Trusts is set to meet on August 13 ahead of Tata Sons' August 18 AGM, with quorum concerns and N Chandrasekaran's reappointment among key issues

Premiumisation to bolster retail portfolio: Senior DLF executive

DLF expects its retail portfolio to sustain healthy growth as premiumisation lifts footfalls, consumption rises 11-12 per cent and new mall projects support rental income

Maruti Suzuki posts record sales, eyes faster path to next million vehicles

Maruti Suzuki expects small-car revival, new SUVs, capacity expansion and record exports to help it reach its next million-vehicle sales milestone sooner than anticipated

Signature Global eyes low-rise, large-format projects beyond NCR market

The Gurugram-based developer is eyeing low-rise, large-format projects outside Delhi-NCR while targeting launches worth Rs 15,000 crore and sales of Rs 10,000 crore in FY27

Dixon Tech-Vivo JV to close in 2 months, revenue to flow from Q3: CEO

Dixon Technologies expects its Vivo joint venture to close within two months, with revenue contribution starting in Q3 as the partnership expands mobile manufacturing capacity

Godrej Properties to generate ₹20k cr operating cash flow by FY28: Chairman

Godrej Properties expects over ₹20,000 crore in operating cash flow over the next seven quarters, supporting expansion and helping it target ₹39,000 crore in FY27 sales

Signature Global awards ₹920 cr construction contracts for Gurugram project

Signature Global is developing a 13.55-acre housing project 'Sarvam at DXP Estate' at Sector 37D, Dwarka Expressway, Gurugram

Titan sees positive momentum in July, to beat FY30 growth targets: MD

The growth we have seen in the first quarter, and we are also seeing that July is not bad. I am seeing a certain positivity so far in the last four months, Ajoy Chawla said

Oil India chairman Ranjit Rath among applicants for top job at ONGC

Rath, 54, is seeking the ONGC chairman and managing director's post for a second consecutive year after the government relaxed eligibility criteria, including the maximum age for the position

Maruti Suzuki chairman calls for faster reforms, easier business climate

Chairman Bhargava also said that considering how the car industry has grown post GST2.0, there could be some changes in the company's longer-term target

Ownly, magicpin target bigger share of India's food delivery market

The developments come as India's food delivery sector sees more platforms seeking a foothold in the market, while restaurants push for greater control over commercial terms and customer-facing promoti

Jindal Stainless to identify site for ₹40,000 cr Maharashtra project: CEO

According to the company, the proposed stainless steel facility will have a total capacity of 4 million tonnes per annum and will be constructed in phases