Company News

India flies out of emerging market bracket of BSH Home Appliances

BSH Home Appliances has made India a standalone region after 7% growth in 2025, driven by premiumisation and rising demand across key appliance categories

UltraTech settles dispute with Jaiprakash over Dalla Super unit and mines

In a regulatory filing, UltraTech Cements said it will redeem 1,00,000 Series A Preference Shares of face value ₹1,00,000 each totalling ₹1,000 crore

Fino Payments Bank chief Rishi Gupta granted bail in GST case

Fino Payments Bank chief Rishi Gupta has been granted bail in a GST evasion case, with the court imposing conditions including passport deposit and regular appearances

AM/NS India CEO Dilip Oommen to retire; Amit Harlalka named successor

AM/NS India CEO Dilip Oommen will retire on June 30 after over two decades, with CFO Amit Harlalka set to take over as chief executive from July 1

Sunita Maheshwari reappointed independent director at HDFC Bank

HDFC Bank has reappointed Sunita Maheshwari as an independent director for three years, subject to shareholder approval, strengthening its board composition

EESL plans fresh tenders for 500K induction cookstoves in two phases

The National Efficient Cooking Programme (NECP) is a flagship initiative under the government of India's "Go-Electric" campaign, launched on November 2, 2023

RIL denies reports of company buying Iranian crude supplies

Earlier this week, a Reuters report said Reliance had purchased over 5 million barrels of Iranian crude from the National Iranian Oil Company, though delivery timelines remained unclear

Moving Tech Innovation enters Europe with acquisition of Automicle Holding

Deal marks firm's entry into Europe as it takes its zero-commission, community-led mobility model global, aiming to scale open, city-first transport systems across markets

AM/NS India CEO Dilip Oommen to retire; Amit Harlalka named successor

AM/NS India CEO Dilip Oommen will retire on June 30 after 22 years with the company. CFO Amit Harlalka will take charge from July 1, marking a leadership transition at the steelmaker

Samar Mittal, Vibha Mehra to lead Nokia's India ops in dual-head model

The dual leadership structure aims to sharpen business execution and stakeholder engagement as Nokia looks to tap growth in rural 5G, enterprise solutions and AI-led networks

Thyssenkrupp, Jindal Steel sale talks falter on pension and energy costs

The companies could decide to officially stop negotiations as soon as next month, one of the people said

Sebi begins review of former HDFC Bank chairman Chakraborty's exit letter

In his resignation letter, Chakraborty cited "certain happenings and practices within the bank" that he said were "not in congruence" with his personal values and ethics

SBI fraud case: CBI conducts searches at Reliance Telecom, ex-directors

The agency acted on a complaint from SBI about it being defrauded and suffering a wrongful loss of ₹114.98 crore

Pune-based realty developer Amar Builders buys land parcel for ₹300 crore

Citycon Infratech, linked to Amar Builders, acquires 13.22-acre land parcel in Pune's Mundhwa for Rs 300 crore, as residential market trends show mixed signals across segments

Allianz Jio Reinsurance begins operations after approval from Irdai

Joint venture between JFSL and Allianz starts underwriting reinsurance in India, aiming to boost risk capacity and support the country's growing insurance ecosystem

Indian Oil buys first Iranian LPG since 2018 as crunch worsens amid war

The refiner will share the shipment with its state-owned peers Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd

Thyssenkrupp, Jindal Steel sale talks falter on pension, energy costs

While talks over a sale of Thyssenkrupp Steel Europe (TKSE) are ongoing and could ‌still result in an agreement, a deal is now seen as less likely after nearly six months of discussions

Cairn Oil & Gas mulls hiring Americans to build India's shale sector

Cairn's aim is to hire 10 Americans to apply the US shale playbook in India, where the company hopes to shave drilling and completion times by one-third to accelerate the ramp up of output

Adani in talks with Meta, Google for partnerships in data centre business

Walmart Inc.'s Flipkart is also engaged in talks with the tycoon and the Adani Group is exploring sites across Indian states for the centres

Infosys acquires Optimum for $465 mn to deepen healthcare, AI capabilities

Deal strengthens Infosys' healthcare vertical and AI-led capabilities, adding clients, talent and consulting expertise in provider segment