Page 2 - Company News

One97 Communications to infuse ₹100 cr in wealth tech arm Paytm Money

Incorporated in 2017, Paytm Money is engaged in providing investment and wealth management services, including stock broking, mutual fund distribution, and other financial services

Piramal Realty launches Phase 2 of Thane project with ₹4,700 crore GDV

Piramal Realty has launched the second phase of its Piramal Vaikunth project in Thane, with a gross development value of Rs 4,700 crore and an estimated investment of Rs 3,600 crore

PNB to foray into acquisition finance in third quarter: CEO Ashok Chandra

"We have got our policy approved for the acquisition financing in the last board meeting," said PNB MD and CEO Ashok Chandra

Maruti Suzuki to hike prices by up to ₹30,000 across models from August

The price revision, effective from August, 2026, comes as Maruti Suzuki looks to offset rising input costs, with the exact quantum of the increase differing across models

L&T secures over ₹10,000 crore orders from metals and mining companies

L&T's Metals & Minerals business has secured multiple mega orders worth over Rs 10,000 crore, including EPC contracts for iron ore, steel and zinc processing projects across India

Shapoorji Pallonji Group closes one of India's biggest private credit deals

Shapoorji Pallonji Group raised about ₹15,100 crore in one of India's largest private credit deals to refinance debt, backed by domestic and global investors

Sterling Holiday Resorts plans 20 openings over next year: MD& CEO

Thomas Cook (India)'s hospitality arm aims to expand to 95 resorts and 4,500 rooms by 2027, banking on demand for experiential travel despite industry headwinds

Cement manufacturer Nuvoco Vistas Corp lays bricks for ₹13K cr FY27 revenue

The cement maker expects revenue to exceed Rs 13,000 crore in FY27, backed by 7-8 per cent volume growth, stable pricing, demand recovery and ongoing capacity expansion

Takeda gets DCGI approval for QDENGA, India's first dengue vaccine

The vaccine has been approved for individuals aged 4-60 years and can be administered without prior dengue screening, marking India's first vaccine-based strategy against the disease

Bupa open to raising stake in Niva Bupa, says deputy CEO Ankur Kharbanda

Bupa is open to increasing its stake in Niva Bupa as its India business outperforms global operations, with the insurer also focusing investments on technology and distribution

Emcure broadens Poviztra's use for MASH after CDSCO nod for semaglutide

The drugmaker will market Poviztra for treating MASH after CDSCO approved the new indication for innovator semaglutide, expanding the medicine's approved uses in India

Aditya Birla Capital bets on AI-led growth, aims 25% loan CAGR in 3 years

ABCL is embedding generative and agentic AI across key functions while targeting 25 per cent loan growth over the next three years, backed by retail and MSME lending

Hero Homes unveils 17.3-acre Greater Noida project, eyes ₹5,400 cr revenue

The residential project in the DMIC Integrated Industrial Township will span 6 million sq ft and is expected to generate Rs 5,400 crore in revenue, the company said

IL&FS Group repays ₹50,387 cr debt by June 2026, achieves 82.6% of target

This is around 4 per cent higher than ₹48,463 crore repayment by IL&FS as per the last status report filed in September 2025

Tata Power wins LoA from SECI to supply 324 MW from Maharashtra project

The project was awarded under SECI's tariff-based global competitive bidding for the supply of 1,500 MW / 12,000 MWh of power from pumped hydro storage projects being set up in the country

L&T secures multiple EPC orders for iron ore, steel and zinc projects

Larsen & Toubro has secured multiple orders from leading domestic metals and mining companies, including contracts for an iron ore handling plant in Chhattisgarh.

Tata's fashion brand Westside plans biggest push yet with 100 annual stores

The brand which sells apparel, beauty products, home decor, footwear and other accessories such as lab-grown diamonds, operated 300 stores at the end of its most recent fiscal year

Data centres to drive exponential increase in server demand: Lenovo

Lenovo India expects rising data centre investments and AI infrastructure demand to double or triple the country's enterprise server market over the next few years

Gopalpur special economic zone emerges as eastern India's green energy hub

Driven by Tata Steel SEZ, Gopalpur industrial park has attracted over Rs 65,000 crore of investments across green hydrogen, solar, specialty chemicals and advanced manufacturing

Air India Group expects 50-60 new planes in 18 months: Nipun Aggarwal

Air India expects to receive 50-60 new aircraft over the next 18 months as it presses ahead with its transformation despite supply chain and geopolitical challenges