Page 7 - Company News

JIIF plans to invest ₹80-100 cr in 12-18 months in early-stage startups

Investment platform JITO Incubation and Innovation Foundation on Monday said it plans to invest Rs 80-100 crore in early-stage startups in the next 12-18 months. The platform has invested over Rs 150 crore across more than 100 pre-seed and seed-stage startups over the past two years, and reported over 15 exits during the period. "Over the next 1218 months, the platform plans to invest approximately Rs 80100 crore, with an aim to back 2025 startups annually. Its investment ticket size currently ranges between Rs 1.5 crore and Rs 2 crore, depending on stage and sector," JIIF said in a statement. The platform has also made a Rs 26.5-crore investment in Mumbai-based Atomic Capital. The move allows JIIF to participate in a wider set of investment opportunities beyond direct startup investments. JIIF further said that it plans to launch an accelerator programme focused on the Asia-Pacific region, covering India, the Middle East and Southeast Asia, where the programme will target early-st

Nykaa projects strongest net revenue growth in three years in Q4FY26

This update made the firm's stock price surge by 3 per cent in early trading hours. The stock closed at Rs 252.65 per share, up 2.72 per cent from the previous close

TDI Infratech to invest ₹750 crore in 150-acre township project in Ludhiana

Realty firm TDI Infratech on Monday said it will invest Rs 750 crore to develop a 150-acre township in Ludhiana as part of its expansion plan. In the township, the company said it will build luxury group housing, residential plotted developments and low-rise independent floors, targeting both end-users and long-term investors. The project will span over 6 million square feet of developable area. The company, in a statement, said it is "developing about 150 acres of land in Ludhiana for an integrated township with an estimated investment value of Rs 750 crore." Speaking on the expansion, Akshay Taneja, Managing Director, TDI Infratech, said Ludhiana represents a high-potential market with strong economic fundamentals and sustained end-user demand. "Our acquisition of approx 150 acres reflects a long-term commitment to developing a benchmark township that integrates premium housing formats with robust infrastructure and lifestyle amenities. This project also marks an important miles

Bharti Airtel deploys over 4,300 new 5G sites in eastern Uttar Pradesh

Bharti Airtel on Monday said it has deployed more than 4,300 new 5G sites across eastern Uttar Pradesh in the last 12 months, boosting its network presence in the region. The large-scale network expansion was undertaken across 48 districts of the UP East circle, covering 34 million people across urban centres, growth towns and remote rural villages. By adding an average of 12 new sites every day, Airtel has accelerated the rollout of high-speed connectivity, ensuring customers experience consistent performance for work, education, entertainment and digital payments, the company said in a statement. Customers in Lucknow, Kanpur, Varanasi, Prayagraj, Gorakhpur, Ayodhya, Jhansi and several other districts will directly benefit from this enhanced network footprint. The expanded coverage will enable seamless access to high-speed 5G services, supporting the everyday digital needs of citizens, students, micro entrepreneurs, enterprises and government institutions across urban and rural ...

UAE's Valura.ai makes India debut, onboards 1,000 wealth advisors

Valura.ai, an AI-native global investment platform, on Monday announced the onboarding of over 1,000 wealth advisors across India ahead of its official launch, with a collective AUM pipeline exceeding Rs 3,000 crore over the next 12-18 months. The platform provides access to over one lakh global securities with client assets held in local custody within the IFSC at GIFT City under IFSCA regulation, rather than being routed through offshore brokers. The onboarded network includes independent financial advisors (IFAs), registered investment advisors (RIAs), mutual fund distributors, and chartered accountants. The pre-launch response signals strong demand for a credible global investing infrastructure at a time when India's outbound investment surged 67 per cent to USD 41.6 billion in FY25, and the rupee has depreciated over 8 per cent against the US dollar in the past 12 months, Valura.ai said in a release. "Valura combines AI-driven research and portfolio construction with seamless

Bandhan Bank's loans rise 12.6% to ₹1.54 trn, deposits up 10% in Q4FY26

Bandhan Bank's loans and advances grew 12.6 per cent year-on-year to Rs 1,54,235 crore as of March 31 compared to Rs 1,36,995, the private lender said on Saturday. On a sequential basis, the loan book expanded 6.2 per cent from Rs 1,45,224 crore as of December 31, 2025, according to a provisional unaudited disclosure filed with the bourses. Total deposits rose 10 per cent on-year to Rs 1,66,344 crore at the end of the fourth quarter of 2025-26 against Rs 1,51,212 crore in the corresponding period last year, and were up 6.1 per cent from Rs 1,56,724 crore in the previous quarter. Retail deposits, including CASA, climbed 17.7 per cent year-on-year to Rs 1,22,547 crore, while retail term deposits surged 30.1 per cent to Rs 73,796 crore. The retail-to-total deposits ratio improved to 73.67 per cent from 68.88 per cent a year earlier, the bank said in the filing. CASA deposits stood at Rs 48,751 crore in the fourth quarter, up 2.8 per cent year-on-year, while the CASA ratio stood at 29.

HDFC Bank, BoB report strong credit growth; deposits lag pace

HDFC Bank and Bank of Baroda report robust loan growth in March 2026, with advances outpacing deposits even as time deposits continue to drive overall deposit expansion

Allied Blenders & Distillers appoints Amar Sinha as MD-designate

ABD appoints Amar Sinha as managing director as Alok Gupta's tenure nears end, aiming to drive growth and transformation in India's premiumising spirits market

Microsoft aims to develop large cutting-edge AI models by next year

Microsoft is assembling the com- puting horsepower to build more broadly capable models, Suleyman said

Bharti Airtel gain subscribers; Vodafone Idea continues to trail

Jio, on the other hand, continues to remain as the largest carrier and additions may not appear high due to the base effect

JLR Q4 sales rise 61% as production normalised after cyber attack

JLR, Britain's largest carmaker, is owned by Tata Motors Passenger Vehicles and makes up close to 80 per cent of the Indian automaker's revenue

Large state run banks see healthy loan growth in FY26, beat deposits

State-owned banks PNB and Central Bank of India report strong double-digit credit growth in FY26, with advances rising faster than deposits across lenders

RBI clears Emirates NBD's $3 billion acquisition of up to 74% in RBL Bank

RBI approves Emirates NBD's plan to acquire up to 74% stake in RBL Bank for $3 billion, granting key regulatory relaxations and paving the way for the largest foreign bank investment

Suzuki Motorcycle sees FY27 domestic growth below 7-8% amid cost pressures

Suzuki Motorcycle India expects FY27 domestic growth below earlier estimates as rising commodity costs and global uncertainty from West Asia conflict weigh on demand

Chandrasekaran asks Tata group heads to brace for West Asia conflict impact

According to a PTI report, the Tata Group chairman asked over 30 CEOs and MDs to prepare for a tougher business environment, and to manage spending and review project starts

TotalEnergies, Masdar to form $2.2 billion renewable JV for Asia

TotalEnergies and Masdar to set up $2.2 billion JV to develop solar, wind and storage projects across nine Asian markets, combining existing assets and future pipeline

Govt's new shipping ventures may see split SCI entities' reunion

SCI needs approx ₹6,000 crore to invest as equity in Bharat Container Line, oil tanker biz with OMCs

Claude Code leak: Anthropic cites human error, works to limit damage

Thousands of copies of the code were removed from GitHub in response to copyright takedown requests from Anthropic, according to a notice on the popular developer platform

Rediff files confidential IPO papers eyeing up to Rs 800 cr fundraise

Rediff has filed confidential IPO papers to raise up to ₹800 crore, aiming to expand its enterprise and financial services platforms under AvenuesAI

Circulate Capital raises $220 million in first close of Asia-focused fund

Circulate Capital on Wednesday said it has raised USD 220 million (approximately Rs 2,000 crore) in the first close of its second Asia-focused fund to scale circular supply chains across South and Southeast Asia. The fund has drawn backing from investors, such as Builders Vision and Emerging Market Climate Action Fund (EMCAF). "The fund will now deploy growth capital to scale circular supply chains and recycling businesses across South and Southeast Asia, with a focus on plastic solutions and packaging, as well as electronics and apparel," Circulate Capital said in a statement. It will execute high-growth investments in key markets, such as India, Indonesia, Thailand, Vietnam, the Philippines, and Malaysia. The fundraising comes amid growing recognition of circular supply chains as a strategic priority, driven by tighter regulations, volatile raw material markets and increasing sustainability commitments by global companies. Industry estimates suggest that while the global economy