Company News

GenZ driving Amazon's fashion & beauty sales: Senior exec Nikhil Sinha

Gen Z shoppers drive Amazon's festive growth as premium brands double their sales share to 20%, while non-metro markets account for over half of fashion and beauty orders

Oberoi Realty open to land buys, joint development deals across Delhi-NCR

Chairman Vikas Oberoi says the developer is exploring land purchases and joint development agreements across Delhi, Noida and Gurugram, while some launches await regulatory clearances

Sobha Q2 profit plunges 54.5% to ₹33 crore even as H1 sales hit record

The Bengaluru-based developer reported a 31.3% decline in Q2 revenue to Rs 967.06 crore, while first-half sales grew 47.2% and collections increased 4.8% year-on-year

Tata Trusts replies on SDTT complaint; Charity Commissioner to decide soon

Sir Dorabji Tata Trust has submitted its response to governance complaints filed by two trustees, with the Maharashtra Charity Commissioner expected to decide the next course of action

1 Finance gets Sebi in-principle nod to launch passive-only MF business

The wealth-tech firm plans to launch its MF Lite fund house in Q4FY27 after meeting regulatory requirements, potentially becoming the first AMC under Sebi's new framework

ZF expects India sourcing to grow 10-15% annually over next 3-4 years

ZF Group has seen India sourcing rise 20% in three years and expects further growth, citing a 20% cost advantage from Indian suppliers even after shipping expenses

Even Healthcare raises $50 mn in Khosla Ventures-led Series B funding

The managed care company plans to open five hospitals across Bengaluru over the next six months as its valuation triples from its previous fundraise, taking total funding past $120 million.

Sopra Steria leases 4.74 lakh sq ft office space in Noida for 15 years

The French technology company has leased office space at Maconns Grande in Noida's Sector 132 for 15 years at a monthly rent of Rs 3.755 crore, with a 10% escalation every three year

Jio Platforms draws nearly $25 billion in IPO anchor investor bids

Jio Platforms is set to raise up to $3.2 billion at a valuation of $108.3 billion in what will be ​India's biggest ever IPO

Signature Global enters senior living with Manasum, eyes ₹575 cr sales

The companies will develop 164 senior living units at Sarvam DXP in Gurugram, with prices starting at around Rs 3.7 crore per unit and handover expected in 48 months

Alembic Pharma receives USFDA approval for generic ear infection drug

The product is indicated for the treatment of certain ear infections in paediatric patients aged six months and older, as well as adults and elderly patients

ACME Solar signs 300 MW power supply pact with Seci at ₹6 per unit

The assured peak supply under Seci's FDRE-IX tranche was at a tariff of ₹6 per unit, with an effective date of October 6, 2026, a company statement said

HFCL Q2 results: Profit surges to ₹394 crore as AI data centre demand rises

HFCL had posted net profit of around ₹72 crore in the same period a year ago

Odisha HC quashes ₹696 cr demand, sets aside ₹1,473 cr notice to JSW Steel

Court has quashed a ₹696.32 crore demand against JSW Steel over mineral dispatch shortfalls at its Jajang iron ore block. It also set aside a separate ₹1,473 cr demand for FY25

Truecaller expects $91 million tax claim from India over transfer pricing

A transfer price is the actual price charged in a transaction between related entities, according to Income Tax website

PhonePe Invest aims to bring everyday savers into equities: Rahul Chari

PhonePe on Monday rebranded its investing and trading platform Share.Market as PhonePe Invest, bringing it into its broader financial ecosystem

Brookfield's $2.53 bn bid for Reliance Worldwide clears 'go shop' hurdle

The plumbing supplies firm agreed in Sep to a scheme implementation deed under which Brookfield Capital Partners and its affiliates would acquire all of Reliance Worldwide's shares for $3.38 apiece

India's VC funding for startups stays flat at $10.9 billion in 2026 so far

Venture capital funding for Indian startups reached $10.9 billion across 1,253 rounds in 2026 so far, with investors concentrating funds in fewer companies and deeptech ventures.

IPO review: Jio Platforms' ₹30,213 crore mega offer is at a minor premium

Brokerages say the firm is well positioned to sustain industry-leading growth, given market leadership, multiple triggers

RCom RP files curative petition, challenging February SC spectrum ruling

Resolution professional Anish Nanvaty seeks recall of the Supreme Court verdict excluding spectrum from IBC proceedings, arguing that the ruling causes irreversible harm to lenders