Page 99 - Company News

KKR aims to raise $15 billion in new Asia private equity fund: Report

KKR started marketing the fund to investors this week, said the sources, who all declined to be named as the information was confidential

IL&FS completes transfer of CNTL to Cube Highways in ₹6,145-crore deal

Lenders are expected to recover between 98% and 124% of their exposure, depending on the seniority of their loans

Ashok Leyland gears up to roll out new range of heavy-duty diesel trucks

The company has also forayed into other greener technologies such as CNG, LNG and even hydrogen, MD and CEO Shenu Agarwal added

ElasticRun trims FY25 loss to ₹145 cr, revenue up 9% on private-label push

ElasticRun has narrowed its FY25 loss to Rs 145 crore as revenue increased 9 per cent, backed by stronger private-label traction, regional brands, and a deeper logistics push

Transrail bags ₹548 cr in new orders; adds a new country in MENA region

The company also holds an L1 position worth ₹2,575 crore, which offers strong visibility for future order inflows and strengthens prospects for the remainder of FY26

Blackstone partners with Casagrand to develop industrial parks in Chennai

Blackstone will invest about Rs 700 crore to develop two Grade A industrial and logistics parks across 154 acres in Sriperumbudur with Casagrand Industrial & Warehousing

Jeh Aerospace opens next-gen manufacturing hub as global orders surge

Jeh Aerospace has launched its next-generation Mach 2 manufacturing hub in Hyderabad, expanding capacity nearly fourfold and embedding AI, autonomous machining and digital-twin systems

Godrej Properties buys Bengaluru plot with ₹2,400 crore revenue potential

Godrej Properties has purchased a 3.8-acre land parcel on Sarjapur Road in South Bengaluru with a revenue potential of ₹2,400 crore

ACME Solar commissions additional 16 MW of Gujarat wind power project

The revised SCOD date is March 5, 2026 and the project has been early commissioned with part capacity of 44 MW in first two phases

GE Aerospace to invest $14 million in its Pune manufacturing facility

In a release on Thursday, the company announced it will invest $14 million in the Pune manufacturing facility and added that the investment builds upon the $30 million announced last year

Zomato to share customers' data with restaurants: Here's what it means

This move may end almost 10 years of disputes, during which restaurants accused food delivery apps of masking customer data

Stylework raises ₹30 crore in pre-Series B round to scale operations

Workspace aggregator Stylework has secured Rs 30 crore in pre-Series B funding to boost its tech platform, expand across markets and strengthen leadership hiring amid rapid growth in India's flexible

ED attaches fresh assets in case against Anil Ambani's Reliance Group

The federal investigative agency had earlier attached properties worth ₹7,500 crore in this case

Pajson Agro receives in-principle approval from BSE to raise funds via IPO

The initial public offer (IPO) is entirely a fresh issue of a little over 63.09 lakh shares with a face value of Rs 10 each, according to the draft red herring prospectus

Godrej Properties eyes ₹3,500 cr from new 30-acre Bengaluru township

In October, the company had bought a 26-acre land parcel at Sarjapur, Bengaluru to develop a housing project with an estimated revenue of ₹1,100 crore

Provogue India defrauded of ₹90 cr, former director among 4 booked

Provogue India Ltd, based in Mumbai, manufactures and sells a wide range of products, including men's and women's apparel, accessories and luggage

Muthoot Finance turns India's gold obsession into soaring family fortune

Their family-run gold-loan business is surging as consumers tap rising bullion prices for quick cash, driving the firm's stock to a record and lifting the Muthoot family's wealth to new heights

Luma AI secures $900 mn to accelerate multimodal AGI frontier push

This Series C is a milestone in the company's mission to build multimodal general intelligence: AI that can generate, understand and operate in the physical world

Private lender ICICI Bank raises senior citizen deposit rates to 7.2%

ICICI Bank has increased senior citizen retail deposit rates to 7.2% for deposits, even as policy rates soften and loan growth outpaces deposit mobilisation across the banking sector

JSW MG Windsor EV crosses 50,000 sales in under 400 days of launch

MG's Windsor EV has crossed 50,000 sales in just over 13 months, becoming India's fastest four-wheeler EV to reach the milestone and sharply lifting the company's electric vehicle market share