Page 3 - Company News

Noel Tata votes against reappointment of V Srinivasan, Vijay Singh at TEDT

Reports state that Venu Srinivasan and Vijay Singh will cease to be trustees at TEDT after May 10, as Mehli Mistry and J N Mistry also voted against their reappointments

CCI orders antitrust probe into Pernod Ricard over exclusive retailer deals

Complaint alleges Pernod gave $24 million in corporate guarantees to help city retailers secure loans in 2021, in return for ensuring 35% of shop stock comprised Pernod brands

Coal India lines up ₹1 trillion capital expenditure push over 5 years

Focus on overhauling and diversifying operations: CMD

NTPC to seek AEC approval for first 1,400 MW nuclear project soon

State-run NTPC plans to set up two 700 MW PHWR units and may invest around Rs 28,000 crore in the project targeted for commissioning by 2032

Flipkart deploys AI tools to scale small-town sellers across India

Walmart-owned Flipkart is using AI-powered dashboards and regional-language support to help Tier 2 and 3 sellers expand nationally ahead of a planned IPO

CMS Info Systems bags Rs 400 crore ATM outsourcing deal from HDFC

The five-year mandate covers 6,000 ATMs and includes currency logistics, ATM modernisation and deployment of CMS's AI-powered HAWKAI platform

Armani weighs splitting 15% stake equally among preferred buyers: Report

Armani may split a 15% stake among L'Oreal, EssilorLuxottica and LVMH as the luxury house moves to execute Giorgio Armani's succession plans

DMRC partners with Airtel Payments Bank to launch Rupay NCMC cards

DMRC's co-branded RuPay NCMC cards with Airtel Payments Bank will let commuters pay for metro travel across multiple cities and recharge digitally through apps

Godrej Properties aims 14% rise in pre-sales in FY27: Pirojsha Godrej

Godrej Properties expects strong housing demand to drive a 14% rise in FY27 pre-sales despite global uncertainties and West Asia tensions

LTTS CEO Amit Chadha's FY26 remuneration drops 17.4% to ₹15 crore

The annual report noted that Chadha's remuneration was paid in US dollars, and the reported figure is the Indian rupee equivalent

NTPC prepares first feasibility study for nuclear project, to seek DAE nod

The approval will pave the way for NTPC to begin work on its first standalone nuclear project in India as the PSU is keen to achieve at least 2 GW of nuclear capacity by 2032

Titan unfazed about gold supply issues as exchange programmes aid sourcing

Titan, whose FY26 topline crossed Rs 75,000 crore, said the company's gold exchange programme has been running successfully since the third quarter

Pidilite signals further price hike as West Asia war fuels input inflation

The company, which owns popular brands such as Fevicol, Dr Fixit, FeviKwik and M-Seal, had announced a price hike in April, followed by a second round in May

Nalco's alumina exports to West Asia hit by geopolitical tensions: CMD

National Aluminium Company (Nalco) also said that a shift in export destinations due to supply disruptions in West Asia has contributed to a decline in global spot alumina prices

Tata Trusts defers board meeting till May 16 amid concerns over veto powers

The top agenda for friday's meeting was a review of tata trusts representation for nominee directors on the tata sons board

Sagar Business unveils India's first TJK Superflex weldmesh unit

Sagar Business Ventures and Tata Steel launched India's first TJK Superflex weldmesh line in Odisha to boost construction efficiency and precision

Biocon eyes in-licensing opportunities to expand biosimilars portfolio

Biocon is scouting for biosimilar in-licensing opportunities while banking on multiple FY27 product launches to drive growth, margins, and market expansion

Vodafone weighs stake transfer to shore up Voda Idea's capital base

The UK telecom company, which owns 19% of Mumbai-listed Vodafone Idea Ltd., is considering transferring part of its shareholding to the Indian company to hold in treasury

From fantasy gaming to stock broking: Dream11 parent's next big bet

Dream11 parent Dream Sports has launched AI-powered stock broking platform DreamStreet as it continues to diversify beyond fantasy gaming, betting on first-time investors and Tier-2 and Tier-3 users

Hope to continue growing at 25% till 2031: BenQ India MD Rajeev Singh

BenQ India bets on premium displays, projectors, and India-focused products