Company News

Airtel prepaid plan changes may hike average revenue per user by ₹4-12

Recently, Bharti Airtel withdrew four prepaid plans -- ₹299, ₹579, ₹619 and ₹649 -- leaving subscribers of the popular ₹ 299 plan with pricier options to choose from

Lodha Developers plans 21 housing project launches worth ₹24,000 crore

According to its latest investors presentation, Lodha Developers has a strong launch pipeline for the remaining three quarters of this fiscal year

Punjab & Sind Bank eyes QIP option to raise funds, cut govt stake: MD Saha

Currently, the government holds a 93.85 per cent stake in Delhi-headquartered Punjab & Sind Bank. This is the highest stake of the Government of India in any public sector bank

Amber to start manufacturing Oppo, OnePlus, Realme phones from Q4FY27

Amber Enterprises India Executive Chairman and CEO and whole-time director Jasbir Singh, said that the firm expects to start with production of 8 million units of Oppo group smartphone brands

Shera Energy eyes 25-30% revenue growth in FY27, bets on capacity expansion

The NSE-listed company, which is also into recycling, began operations in 2003 with aluminium winding wires and had annual revenues of around ₹20 crore during its early years

Indian Bank plans to raise $400 mn via ECB this week: MD Binod Kumar

In addition, the public sector lender may mop up another $600 million via ECB before the Reserve Bank of India's deadline of December 31, 2026

EPL sees beauty, cosmetics segment as growth driver, lifts revenue guidance

EPL sees the growth momentum continuing in July after reporting 25 per cent topline growth in the June quarter, and has raised its revenue guidance for the near term to 16-18 per cent

Jindal Stainless investing ₹900 cr to increase cold rolling capacity: MD

The investment will increase the company's cold rolling capacity from 2.05 MTPA to 2.67 MTPA by FY28, he said in the company's annual report for FY26

ONGC gets US licence to resume Venezuela operations, eyes operatorship

The US approval removes a key hurdle for ONGC's Venezuelan investments and could pave the way for the state-run explorer to expand production, sign new agreements and take over operatorship

India among ORIX's top two global growth markets: Group CEO Takahashi

The company believes that it can increase the size of its fleet in India to around 1 lakh to 1.5 lakh vehicles in the short to medium term from the current 50,000

India Inc backs PM Modi's I-Day address, vows to boost investment, jobs

Industry shares the prime minister's resolve to build on this momentum and is ready to match it with sustained investment in areas of strategic importance

Tata Sons AGM on Aug 18 may not happen as SRTT has no representative

Sir Ratan Tata Trust cannot nominate a representative due to a Maharashtra Charity Commissioner order, potentially leaving Tata Sons without the quorum needed to hold its annual general meeting

Brigade Enterprises sales bookings dip 5% to ₹1,061 crore in Apr-Jun

Realty firm's sales volumes declined 22% to 0.74 million sq ft in the June quarter, while average sales realisation rose 21% to ₹14,256 per sq ft

Accel India IV offloads 2 crore Urban Company shares, cuts stake to 4.84%

Accel India IV (Mauritius) has offloaded a 1.3 per cent stake in home services platform Urban Company through an open market transaction.

Reliance, Rolls-Royce to develop indigenous combat engine for AMCA together

The proposed partnership would combine Britain's storied aero-engine maker's technology and expertise with Reliance's technology, manufacturing and execution capabilities to develop AMCA engine

Dixon Tech issues $220 mn guarantee to Lenovo for Padget Electronics div

There is no immediate impact on Dixon, though the guarantee will be reflected as a contingent liability in the company's books.

SAT grants Zee interim relief, allows ₹3,143 crore preferential issue

The tribunal permitted Zee and Punit Goenka to complete the preferential warrant issue subject to payment of penalties, but the Sebi-imposed market debarment will continue

HAL partners with Adani Defence, BEML to produce LCH Prachand

HAL has augmented the capacity and already commenced production of the 156 Prachand LCHs ordered for the Indian Armed Forces at its new helicopter manufacturing facility in Tumakuru, Karnataka

Bagmane Prime Office Reit eyes nearly doubling portfolio over next 7-8 yrs

Blackstone-backed Reit sees growth supported by a 47.2 msf sponsor pipeline, low leverage and potential acquisitions across India's top six office markets

Kalpataru Projects International bags new orders worth ₹3526 crore

Kalpataru Projects International on Friday said the company has secured new orders worth Rs 3526 crore.