Page 2 - Company News
SAIL to invest over ₹35,000 crore in expansion over next two years
SAIL plans to spend over Rs 35,000 crore over the next two years on capacity expansion projects at its IISCO, Bokaro and Bhilai steel plants
 "SAIL to invest over ₹35,000 crore in expansion over next two years")
Nibe shares skyrocket after successful trials of Suryastra rockets
Nibe Limited shares rallied sharply after successful trials of the Suryastra rocket system and Vayu Astra-1 loitering munition boosted investor optimism
 "Nibe shares skyrocket after successful trials of Suryastra rockets")
Technology to be main focus area for Essel Group in next growth phase
Essel Group says technology will anchor its future growth strategy as it marks 100 years of operations and expands its focus on digital and content platforms
 "Technology to be main focus area for Essel Group in next growth phase")
Maruti Suzuki to hike prices across models by up to ₹30,000 from June
In a regulatory filing, the company said the price revision would come into effect from June 2026, adding that the exact increase would differ across models
 "Maruti Suzuki to hike prices across models by up to ₹30,000 from June")
Agoda bets on resilient India market to expand its global travel business
Agoda is expanding accommodation supply, localisation and fintech offerings in India as resilient travel demand boosts domestic and outbound tourism
 "Agoda bets on resilient India market to expand its global travel business")
Sajjan Jindal's JSW Motors secures ₹8,000 crore SBI funding for EV push
SBI will partly fund JSW Motors Ltd.'s 'greenfield manufacturing facility' in Maharashtra, and may sell down part of the exposure to other lenders in the event of demand in the secondary loan market
 "Sajjan Jindal's JSW Motors secures ₹8,000 crore SBI funding for EV push")
Quick commerce firm Zepto plans ₹11,000-crore IPO in July: Report
If the listing goes through, Zepto will join rivals Zomato and Swiggy, which are already listed on stock exchanges
 "Quick commerce firm Zepto plans ₹11,000-crore IPO in July: Report")
Scapia raises $63 million in Series C round led by General Catalyst
Bengaluru-based travel fintech startup Scapia will use the fresh capital to scale travel offerings, expand AI capabilities and grow its customer base
 "Scapia raises $63 million in Series C round led by General Catalyst")
Adani Ports to acquire Jaypee Fertilisers for ₹1,500 cr through insolvency
The acquisition aligns with the company's ambition to expand its MMLP (Multi-Modal Logistics Park) network from 12 to 16 and warehousing capacity by 4X by 2031
 "Adani Ports to acquire Jaypee Fertilisers for ₹1,500 cr through insolvency")
Rising freight rates amid global tensions hit steel sector: Tata Steel
India's steel industry has remained relatively insulated from global disruptions, due to strong domestic demand and lower dependence on imported finished steel
 "Rising freight rates amid global tensions hit steel sector: Tata Steel")
Adani Power to acquire 24% stake in JJPVL, key thermal assets for ₹4,194 cr
Adani Power has inked a Business Transfer Agreement for the acquisition of the 180 MW thermal power plant of Jaiprakash Associates located in Churk and other related assets
 "Adani Power to acquire 24% stake in JJPVL, key thermal assets for ₹4,194 cr")
Maruti Suzuki Chairman R C Bhargava puts biogas ahead of hybrids
Cleaner fuel deserves stronger incentives, says Bhargava
 "Maruti Suzuki Chairman R C Bhargava puts biogas ahead of hybrids")
NephroPlus sharpens global dialysis push as overseas business grows
NephroPlus said overseas markets now contribute nearly 42 per cent of revenue as the dialysis provider expands globally through acquisitions, PPP projects and clinic additions
 "NephroPlus sharpens global dialysis push as overseas business grows")
Tata Power EV arm expands charging network on Delhi-Mumbai Expressway
Tata Power on Wednesday said its arm Tata Power EV Charging Solutions has expanded the ultra-fast EV charging network in collaboration with Indian Oil Corporation on the Delhi-Mumbai Expressway.
 "Tata Power EV arm expands charging network on Delhi-Mumbai Expressway")
Wipro's long wait for a turnaround continues after more than a decade
Srini Pallia, the insider leading the company, is focusing on large deals to boost revenue
 "Wipro's long wait for a turnaround continues after more than a decade")
Legal battle over Yes Bank AT1 bond write-off reaches Supreme Court
The dispute stems from the 2020 reconstruction of Yes Bank, when Rs 8,400 crore of AT1 bonds were written down as part of the RBI-led rescue plan
 "Legal battle over Yes Bank AT1 bond write-off reaches Supreme Court")
CAG calls for closer ties with CCI to protect markets and public funds
Comptroller and Auditor General Sanjay Murthy said audit findings and competition enforcement must work together to safeguard public finances and ensure market integrity
 "CAG calls for closer ties with CCI to protect markets and public funds")
Kalpataru Projects eyes ₹30K cr orders in FY27 amid expansion push
The EPC company plans to expand into solar and nuclear sectors while targeting higher revenue growth and margin improvement in FY27
 "Kalpataru Projects eyes ₹30K cr orders in FY27 amid expansion push")
Samsung reaches tentative labour union deal, averting crippling strike
Samsung Electronics reaches tentative wage deal with union, easing fears of major semiconductor supply disruptions
 "Samsung reaches tentative labour union deal, averting crippling strike")
SC says fake citations issue in Essel insolvency case under review
The Supreme Court said concerns over allegedly fake judicial precedents cited in the Essel Infraprojects insolvency case were being examined administratively by a committee
 "SC says fake citations issue in Essel insolvency case under review")