Company News

Khyber Group eyes ₹38 cr revenue from trout farming biz, to invest ₹60 cr

The nearly ₹650-crore Khyber Group, which operates in various sectors such as cement and hospitality, has invested ₹112 crore so far in Khyber Aquaculture

Chalet Hotels targets 5,500 keys by FY30, bets on hybrid model: CEO

The expansion marks a shift in Chalet's business model, with the company now pursuing a combination of third-party operated hotels, franchise properties and hotels under its own Athiva brand

NMDC to start commercial coal production by Q3, eyes 1 MT sales in FY27

Under the Ministry of Steel, Hyderabad-based NMDC alone caters to the country's 20 per cent need of iron ore -- a key raw material needed to produce steel

Videotex gets Google ODM certification, eyes ₹800 cr revenue in 3 years

The company, which has an installed capacity to produce 2.2 million TV units annually, also plans to enter into large appliances, with the first category expected to enter mass production

Difficult phase for microfinance behind us, Q2 to see growth: IndusInd MD

IndusInd Bank faced a severe governance and accounting crisis in 2025 centred around its microfinance subsidiary, Bharat Financial Inclusion Ltd (BFIL)

Hyundai Motor India expects 30% sales from rural markets in 3-4 yrs: CEO

Hyundai Motor India Ltd (HMIL) is also intensifying its rural focus on network expansion with six out of every ten new outlets being opened in such markets, he added

SBI to hire 12,000 personnel, add 250 new branches during FY27: Chairman

SBI had hired 4,640 officers, 19,340 associates, and 1,653 contractual staff in 202526, taking the total number of hires to 25,633, as per the bank's annual report for FY26

Novartis India eyes therapy-aligned acquisition, Tier 2-3 market push

The company's future strategy focuses on five anchor therapy areas: pain management, wellness, women's health, neuroscience, and transplant immunology

HUL aims 22-24% Ebitda margin in medium term, to hike capex to 3%: CEO

The company, which is focusing on cost management, has an Ebitda margin of 23.6 per cent for FY26, down by about 70 basis points year-on-year

RPG Life Sciences to invest ₹500 cr in manufacturing, API capabilities

RPG Life Sciences Managing Director Ashok Nair said the company has embarked on a significant expansion phase, backed by a committed capital infusion of ₹700 crore

Jio completes 10 years of operations, Akash Ambani thanks employees

Reliance Jio has completed 10 years of operations, with chairman Akash Ambani thanking employees for their role in building the telecom company and its digital services

RBI approves LIC to acquire up to 9.99% stake in ICICI Bank within a year

RBI has approved LIC to acquire up to 9.99 per cent of ICICI Bank's paid-up share capital or voting rights within one year, subject to regulatory conditions

Cyrix Healthcare acquires Blue Star E&E's MedTech Solutions business

The acquisition also bolsters AURUM, Cyrix's refurbished medical equipment business, by enhancing its capacity to handle refurbished CT and MRI systems

NCLT stays ₹16-cr sale of Byju's K3-linked assets, flags valuation concerns

The NCLT has ordered status quo on assets sold by Byju's parent Think and Learn, amid allegations that assets worth ₹1.5 billion were sold for ₹160 million

TCS selects Hyderabad for HyperVault's 1 GW AI data centre campus

TCS subsidiary HyperVault has selected Hyderabad for a 1 GW AI data centre campus, with investments of up to ₹70,000 crore planned by the company and its partners

Manipal bets on greenfield growth; 80% of planned beds to be from scratch

Sahyadri acquisition lifts FY26 revenue 25%, but higher debt, depreciation and taxes pull PAT down 15%; ARPOB rises 9%

RPG Life Sciences scouts for larger API assets after ₹215 cr acquisitions

The drugmaker has more than ₹500 crore of capital available and is evaluating businesses that can add differentiated chemistry, regulatory access and export capabilities

PVR INOX executive asked to leave amid alleged ₹200 crore kickback probe

PVR INOX asked senior executive Pramod Arora to leave in April after an internal probe into alleged kickbacks worth ₹200 crore from developers involved in cinema projects, The Economic Times reported

Tata Motors launches all-cash offer for Iveco; acceptance opens September 7

Tata Motors will offer 14.10 euros per common share to acquire all shares of Italian commercial vehicle maker Iveco Group, with the acceptance period running from September 7 to October 26

Hindustan Unilever aims to chase premiumisation, enter new spaces

FMCG major targets volume-led profit growth and premiumisation, while stepping up investments in premium brands, quick commerce, specialised channels and AI capabilities