Page 2 - Company News
Balmer Lawrie to expand domestic rail, third-party logistics operations
The company is expanding its supply chain touchpoints with greater emphasis on domestic logistics operations, including its new rail logistics and third-party logistics businesses
 "Balmer Lawrie to expand domestic rail, third-party logistics operations")
JSW Energy, JSW Steel plan to raise $300 million through bonds in Oct-Dec
JSW Energy plans to raise around ₹1,500 crore through up to five-year bonds, while JSW Steel could raise around ₹1,350 crore via three-year or four-year debt
 "JSW Energy, JSW Steel plan to raise $300 million through bonds in Oct-Dec")
Dilip Buildcon wins ₹1,265 crore EPC work for Maharashtra power project
Dilip Buildcon has been selected by RECPDCL for a Maharashtra intra-state transmission project, with its EPC component valued at ₹1,265 crore excluding GST
 "Dilip Buildcon wins ₹1,265 crore EPC work for Maharashtra power project")
Biocon's Pertuzumab gets EMA CHMP recommendation for breast cancer care
Biocon's Pertuzumab has received a positive EMA CHMP recommendation, becoming the first biosimilar to clear the agency's new tailored clinical development approach for HER2-positive breast cancer
 "Biocon's Pertuzumab gets EMA CHMP recommendation for breast cancer care")
Automotive major Stellantis takes full control of India manufacturing JV
Plans to nearly triple output from TN plant by 2027
 "Automotive major Stellantis takes full control of India manufacturing JV")
Tata's rival camps line up top lawyers ahead of looming legal battle
Both sides are being advised by lawyers who have represented India's biggest companies, and have also recently hired senior counsel who are among the country's top litigators
 "Tata's rival camps line up top lawyers ahead of looming legal battle")
Top 10 pharma firms sustain volume growth as smaller rivals struggle
The top 10 in August included Sun Pharma, Cipla, Abbott, Mankind Pharma, Torrent Pharmaceuticals, Alkem Laboratories, Intas Pharmaceuticals, Lupin, Zydus Lifesciences and Dr Reddy's Laboratories
 "Top 10 pharma firms sustain volume growth as smaller rivals struggle")
Assam CM lays foundation for Adani's ₹48,000 crore power project at Chapar
The 3,200 MW ultra-supercritical thermal power plant at Chapar will be commissioned in phases from December 2030 and is expected to generate 5,000 jobs once operational
 "Assam CM lays foundation for Adani's ₹48,000 crore power project at Chapar")
Dispute over third term for Chandrasekaran: The many shades of AoA
Legal opinion with Tata Sons suggests casting vote in order
 "Dispute over third term for Chandrasekaran: The many shades of AoA")
Coal India plans to raise annual R&D spending to ₹500 crore by FY30
The state-run miner plans to scale up research spending across mining, critical minerals, clean coal and energy-transition technologies, with the annual outlay reaching Rs 500 crore by FY30.
 "Coal India plans to raise annual R&D spending to ₹500 crore by FY30")
Losses mount at Tata Sons' unlisted firms, led by Air India in FY26
Seven out of its 16 unlisted subsidiaries reported a net loss in FY26 led by Air India
 "Losses mount at Tata Sons' unlisted firms, led by Air India in FY26")
Noel Tata prepares for court battle over Chandrasekaran's reappointment
Senior Supreme Court advocate Abhishek Manu Singhvi, in a social media post, said on Sunday that he had entered the fray in the Tata dispute, indicating that a legal process may be fast-tracked
 "Noel Tata prepares for court battle over Chandrasekaran's reappointment")
ASML begins India operations, plans to hire young engineering graduates
The company has a monopoly in advanced lithography technology, and no advanced chip in the world can be made without its equipment
 "ASML begins India operations, plans to hire young engineering graduates")
ACE sees exports hitting 15% of revenue in 3 years: Sorab Agarwal
"If the West Asia disruption had not happened, we could have reached 8-10% (Share of exports in revenue) in H1FY27 instead of 7-8%" says Sorab Agarwal
 "ACE sees exports hitting 15% of revenue in 3 years: Sorab Agarwal")
Lam Research India looks to source locally for new silicon ingot: Raghavan
Last week, Lam Research India announced its plan to invest ₹10,000 crore in India
 "Lam Research India looks to source locally for new silicon ingot: Raghavan")
Ease of doing business is not a consideration even today: Anjan Chatterjee
Speciality Restaurants' Anjan Chatterjee on liberalisation, scaling brands, competition and the challenges confronting India's restaurant industry
 "Ease of doing business is not a consideration even today: Anjan Chatterjee")
Tata Trusts calls Chandra's reappointment 'void', questions casting vote
Tata Trusts says the September 17 resolution failed the Article 121 test as its two nominees split 1-1
 "Tata Trusts calls Chandra's reappointment 'void', questions casting vote")
Tessolve in talks to acquire two firms, eyes $500 mn revenue in 3-4 years
Tessolve acquired a 100 per cent stake in Dream Chip in November 2024 for ₹400 crore
 "Tessolve in talks to acquire two firms, eyes $500 mn revenue in 3-4 years")
Oriental Insurance to invest ₹500 crore to bolster digital capabilities
Oriental Insurance plans to strengthen data security, build a data lake and expand digital products as it seeks to improve customer experience
 "Oriental Insurance to invest ₹500 crore to bolster digital capabilities")
Titan open to acquiring smaller brands, sees growth in premium segment
Titan is evaluating acquisitions and investments in smaller watch companies as it expands its premium and luxury portfolio
 "Titan open to acquiring smaller brands, sees growth in premium segment")