Page 2 - Company News

CureBay raises ₹100 crore in Pre-Series C round to expand rural network

The Bhubaneswar-based healthtech firm raised Rs 69 crore in equity and over Rs 30 crore in debt to expand its rural clinic network and strengthen AI-powered healthcare services

eMudhra to exit global SSL/TLS certificate business after security flaws

eMudhra said it would voluntarily exit the global SSL/TLS certificate business after vulnerabilities were found in its certificates, raising concerns over digital security.

Swiggy Q2FY27 results: Net loss narrows to ₹922 cr, revenue rises 36%

Swiggy's consolidated revenue from operations stood at ₹7,571 crore in the July-September quarter, compared with ₹5,561 crore in the corresponding quarter last year

Netflix India revenue grew 18% in July-September, view hours grew 24%

The streaming platform said India recorded its largest-ever quarter of paid net additions, supported by a strong content slate and its Flipkart loyalty bundle

Prosus-backed Ixigo aims to lead India's budget-to-mid hotel OTA market

Ixigo aims to become India's largest budget-to-mid-market hotel booking platform in four to five years, with plans to grow the business by over 100% in the next four quarters.

Bharat Biotech arm, VeGen Bio to manufacture advanced cancer treatment

Partnership expands vaccine maker's push into cell and gene therapies; companies target commercialisation of blood cancer treatment by 2028

Eternal Q2 profit jumps 92% to ₹125 crore but falls short of estimates

Eternal's Q2 net profit surged 92.3% to ₹1.25 billion but missed analyst estimates of ₹2.71 billion as rising costs weighed, even as revenue jumped 77.6% on strong Blinkit growth.

Schaeffler India CEO taken into custody over fatal June factory accident

Two workers employed by a service provider died after a sudden carbon dioxide gas discharge during a scheduled cylinder replacement on June 9

Getty Images files for US bankruptcy, advances restructuring plan

Last week, Getty announced plans to file for bankruptcy, marking a major reset ‌after its planned merger ​with rival Shutterstock collapsed ​under the weight of heavy debt and growing competition

West Asia exposure may impact IT major LTM's near-term performance

LTM's Middle East exposure weighed on Q2FY27 revenue growth, while rising AI-led deals and improving BFSI demand offer prospects for recovery despite margin and forex pressures.

Union Bank of India Q2 net profit rises 30.3% to ₹5,537 cr on strong NII

Net interest income grew 20.09% to Rs 10,583 crore, while provisions remained largely unchanged and asset quality improved despite a decline in non-interest income

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

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

Domestic telecom gear maker HFCL has posted a multi-fold jump in consolidated profit to Rs 394.22 crore in the second quarter ended September 30, 2026, driven by demand for optical fibre cables from AI data centres, the company said in a regulatory filing. HFCL had posted net profit of around Rs 72 crore in the same period a year ago. "This is the best-ever quarterly performance in HFCL's history and marks a defining moment in our growth journey. The results reflect the increasing scale, strength and momentum of our business and reinforce our confidence in HFCL's ability to deliver sustained growth and create enduring value for stakeholders," HFCL managing director, Mahendra Nahata, said in a statement. The company has forecasted 80 per cent revenue growth in the current fiscal over financial year (FY) 2026 and expects to achieve the Rs 10,000 crore revenue mark before projected timeline of FY29. HFCL's consolidated revenue from operations more than doubled to Rs 2,541.79 crore dur

DLF eyes revenue growth from FY28 as ₹75,000 cr projects near completion

DLF expects revenue growth to accelerate from FY28 as projects worth ₹75,000 crore near completion. The company also expects further price increases at The Dahlias

Indian Bank raises FY27 growth guidance, pegs ECL impact at ₹3,500 crore

The public sector lender expects advances to grow 13-14% and deposits 11-12% in FY27, while setting aside Rs 2,500 crore so far towards the expected credit loss framework.

YES Bank Q2 profit up 65% at ₹1,080 cr; AT1 ruling impact not yet reflected

On a pro forma basis, the SC ruling on AT1 bonds would result in a net loss of ₹5,217 crore for the quarter and Rs 4,146 crore for the half-year

IDBI Bank Q2 profit falls 39% to ₹2,205 crore on high base of NSDL gains

IDBI Bank's Q2FY27 net profit declined 39% to ₹2,205 crore due to a high base from an NSDL stake sale gain. Excluding the one-off, profit rose 14%

Central Bank of India Q2 profit rises 21% to ₹1,469 cr on strong NII growth

Interest income increased 18.45 per cent Y-o-Y to ₹10,357 crore, supported by a 27.6 per cent rise in interest earned on advances to ₹7,231 crore. Interest expenses rose 13.7 per cent to ₹6,211 crore

Ixigo reports ₹63 crore net profit, 13% revenue growth in Q2 FY27

Ixigo reported an all-time high net profit of ₹63.42 crore in Q2FY27, aided by a partial stake sale in Freshbus, while revenue rose 13 per cent to ₹320.96 crore

Kaizad Bharucha to exit HDFC Bank at end of December after three decades

Bharucha, 60, was among the contenders for the bank's top job, with the board recommending him as its internal candidate for the position of managing director and chief executive officer (MD & CEO)