Page 3 - Company News

Aurobindo Pharma enters US inhalation market with generic Advair launch

The launch marks Aurobindo Pharma's entry into the US inhalation market and expands its complex generics portfolio beyond conventional oral solid formulations

Tata Power Renewable adds TN solar project, portfolio reaches 12.3 GW

The 100 MW group captive solar project in Tamil Nadu will supply power to TP Solar, Tata Electronics and Tata Realty, while taking TPREL's operational capacity past 7 GW

Maruti Suzuki raises five-year capex plan to ₹77,500 crore till FY31

Maruti Suzuki will spend ₹77,500 crore through FY31 on capacity expansion, new models and R&D, while its CEO said cars made since 2008 are E20-compatible

HDFC Bank's Sashidhar Jagdishan moots a 'clean slate' for successor

Challenges before India's largest private bank: From finding a new MD & CEO to reviving its margins

Apple may shift 30-35% of global iPhone production to India in next 5 years

Apple could raise India's share of global iPhone production to 30-35% over five years as John Ternus takes charge and India gains a deeper role in its supply chain

Ather Energy invests ₹500 crore to develop Konarc, new scooter platform

The company also said a 200 km version of Ather S and a feature-loaded Z version with a 125 km IDC (Indian Driving Cycle) range are also in the pipeline

Cashfree rolls out AI agents for merchants to automate payment operations

Cashfree is targeting Rs 20,000 crore in lost GMV through AI agents that can follow up on abandoned carts, retry failed payments and manage disputes

Cyient to focus beyond project-led ER&D deals; eyes long-term deals

The company has increased spending on sales and marketing, cut general and administrative costs, revamped sales teams in some businesses

Ola Electric gets ₹95.8 crore PLI boost as it works to cut cash burn

The latest PLI sanction gives Ola Electric incremental liquidity as the company works to lower operating losses and reduce cash consumption

HDFC Bank CEO search puts investor confidence, governance to test

The announcement on Saturday that Jagdishan - a three-decade HDFC Bank veteran - won't seek reappointment puts to rest months of speculation that he was eyeing an extension

HDFC Bank likely to name deputy MD Kaizad Bharucha, outsider for CEO

The CEO search comes after about six months of upheaval at HDFC Bank where leadership issues have weighed on its shares

Pidilite sees Q2 demand holding steady, rules out immediate price hikes: MD

The maker of Fevicol, Fevikwik and Dr Fixit remains confident of delivering double-digit underlying volume growth in FY27 while maintaining profitability

ONGC explores drillship buy for deepwater capacity under Samudra Manthan

The initiative is aimed at creating dedicated, priority-access deepwater drillship capacity, according to the EOI issued by ONGC

Jindal Stainless to expand coin blank capacity by 20% to meet demand

Coin blanks are produced at the country's largest stainless steel maker's Special Products Division (SPD) in Hisar under high security arrangements

Amrutanjan Health plans to set up 100,000 direct chemist outlets in FY27

The company's focus is to increase distribution touchpoints beyond its strong markets in the south and east

HDFC Bank may resort to interim arrangement till it gets a regular CEO

Among internal candidates, Bharucha still has more than two years as board member

Tata Chemicals acquires US soda ash contracts worth over 500,000 tonnes

TCNA has been declared the successful bidder in the Chapter 11 bankruptcy proceedings of SVM USA

HDFC Bank CEO Jagdishan not seeking reappointment, to retire in October

HDFC Bank MD & CEO Sashidhar Jagdishan will retire on October 26, 2026, after deciding not to seek reappointment, the bank said

Max Estates to enter Delhi housing mkt with 84 acre land deal in Najafgarh

The developer will acquire 84.71 acres in Najafgarh through a Rs 420.2 crore non-cash share swap, marking its first residential entry into Delhi

Max Estates buys 85-acre land in Delhi, eyes ₹10,000-12,000 cr revenue

The company will develop residential and commercial projects on this land parcel and expects revenue of Rs 10,000-12,000 crore from upcoming projects on the site