Company News

EDME Insurance eyes overseas expansion, targets ₹1,600 cr business

Talking about the acquisition of UIB Insurance Brokers (India) Pvt Ltd, he said that with the buy, business has increased to about ₹850 crore

Maruti Suzuki plans expansion, to invest ₹35,000 cr in new Gujarat plant

Production at the plant is expected to begin in financial year 2029 and will add to the annual production capacity of 2.4 million vehicles for Maruti

Smartworks eyes 35% annual revenue growth by FY30, plans new-city entry

Coworking firm Smartworks plans 30-35% annual growth over the next few years, driven by capacity additions, enterprise demand and expansion into new Tier I markets

Reliance Retail's Q3FY26 results: Net profit rises 2.1% to ₹3,558 crore

Revenue from operations stood at Rs 86,951 crore, up 9.2%

Wipro's Q3FY26 results: Net profit declines 7% to ₹3,120 crore

Wipro's Q3 profit fell 7% year-on-year due to labour code impact, even as IT services revenue beat estimates and margins improved on cost controls

Bharat Forge signs ₹300 cr contract under EP-VI norms for army, navy

Bharat Forge bags ₹300 crore EP-VI defence contracts to supply indigenous ISR drones and loitering munitions to the Army and Navy, boosting Atmanirbhar Bharat push.

Coca-Cola evaluating acquisition opportunities in India, says CFO

Coca-Cola is evaluating acquisition opportunities in India as it expects the country to become its third-largest market by volume in the coming years

FDA observation to hit Lanreotide supply; Cipla may face earnings risk

Cipla said supplies of its key US drug Lanreotide will remain constrained after its manufacturing partner paused production following USFDA observations

360 ONE Asset to invest nearly $70 million in Iscon Balaji Foods

With this investment, IBF plans to expand its network to over 25,000 farmers over the next three years

Wipro slashes FY26 fresher hiring target to 7,500-8,000 amid muted Q3 show

The adjustment comes after muted third-quarter earnings, during which the Bengaluru-based firm added only about 400 freshers to its rolls

HDFC ERGO MD & CEO Anuj Tyagi resigns, board begins succession process

HDFC ERGO CEO Anuj Tyagi resigns to pursue entrepreneurial plans, with the board starting a structured succession process to ensure leadership continuity

JSW Infra Q3 results: Profit grows 9% to ₹359 crore amid higher revenue

JSW Infrastructure's Q3 FY26 profit rose 8.9% on higher port volumes and revenue growth, though earnings missed analyst estimates

LIC demerger, PSU insurer divestment drive 'Insurance for All by 2047'

An IIM Kozhikode panel has proposed splitting LIC and divesting weak PSU insurers to boost competition, capital and insurance penetration under the 'Insurance for All by 2047' vision

India to be among top three markets of Coca-Cola: Global president Murphy

Indian market has a solid foundation, and the underlying consumer sentiment is quite robust, despite challenges faced by Coca-Cola here in 2025 due to weather-led disruptions, he added

Ola Electric secures BIS nod for India's first home battery system

Ola Shakti is the country's first residential BESS (Battery Energy Storage System) solution, which is designed, engineered, and manufactured in India

L&T Onshore wins major LNG, ethane storage project from Petronet LNG

The EPCC project at Gujarat's Dahej Petrochemical Complex includes LNG, ethane and propane storage tanks and handling facilities, supporting India's first integrated petrochemical complex

LTIMindtree wins ₹3,000 crore CBDT deal for AI-led tax analytics platform

The seven-year contract will modernise India's national tax analytics platform using AI, digital architecture and data analytics to deliver real-time insights for policymakers, the company said

Goldman Sachs plans bond sale of at least $12 billion after Q4 results

Wells Fargo & Co. and Morgan Stanley are also tapping the high-grade bond market, a day after JPMorgan Chase & Co. kicked off the sector's latest round of note sales with a $6 billion transaction

Higher expenses drag Angel One Q3 profit down 4.5% to ₹269 crore

The company's board has approved a stock split in the ratio of 1:10, whereby each equity share with a face value of ₹10 will be subdivided into 10 equity shares of ₹1 each

CCI rejects Apple's plea, warns antitrust case will proceed further: Report

The warning came after the Competition Commission of India said Apple delayed filing responses sought by investigators for over a year, despite multiple extensions, according to a Reuters report