Page 236 - Company News

Adani Ports, 2 others vie to build 174-acre logistics park in Greater Noida

Adani Ports, Super Handlers, and Empezar Logistics are eyeing to build a 174-acre logistics park in Greater Noida, which is expected to attract an investment of ₹1,200 crore

Whirlpool India stake sale: EQT, Bain lead as Reliance, Havells step back

Private equity firms EQT and Bain Capital are leading the race to acquire a 31 per cent stake in Whirlpool India, as rivals like Reliance Industries and Havells withdraw over valuation concerns

India's Gen Z billionaires lose interest in legacy family businesses

Gen Z heirs of India's business families are increasingly opting out of legacy roles, choosing personal passions over boardrooms

GMR Airports plans record $579 mn rupee-bond sale to refinance debt

The New Delhi-based company is considering to raise the funds through a note due in 18-months to three years and will use the proceeds to refinance existing debt

TCS delays onboarding of over 600 experienced execs: NITES to govt

NITES urges Labour min to intervene after TCS delays onboarding 600 professionals, despite commitments via offer letters. It also calls for compensation and mental health support for affected hires

Rosneft's stake sale in Nayara hits European Union sanctions roadblock

Rosneft's proposed sale of its stake in Nayara Energy has encountered a significant roadblock due to the European Union's latest sanctions on Russia's oil sector

Ola Electric, TVS charge up plans to beat rare-earth magnet crunch

Ferrite magnets are now globally considered a viable and cost-effective option due to their easy availability instead of rare-earth materials like neodymium, making it an affordable option

Geopolitical conflict, early monsoon impact Coca-Cola's India Q2 play

On a consolidated basis, the company's unit case volume declined 1 per cent, as growth in Central Asia, Argentina and China was more than offset by declines in Mexico, India and Thailand

Adani group firm to develop Paytm's IT complex on 10-acre plot in Noida

Paytm was allocated a 10-acre plot in Sector 159 of Noida for the development of the complex in 2018 by the Noida Authority

Ikea India appoints new CEO, Patrik Antoni, to drive growth plans

Ikea India has appointed Patrik Antoni as CEO, effective August 2025, to lead its growth strategy and strengthen its leadership setup in the country

Magellanic Cloud Q1FY26 results: PAT up 22.9%, revenue hits ₹163.96cr

The total income of Magellanic Cloud increased 23.16 per cent to Rs 164.34 crore during the first quarter of the current fiscal year from Rs 159.18 crore a year ago

Akasa Air sees no dip in passenger demand post Air India plane crash

"We really haven't seen any impact. I see the load factors and they are very healthy," Goel said at a media roundtable

Lloyds Metals aims to invest over ₹40,000 crore more in Gadchiroli

Chief Minister Devendra Fadnavis, who is also the guardian minister of the district, inaugurated a 90-km pipeline and a pellet plant built by the company in Gadchiroli earlier in the day

Ebix Tech secures ₹140 crore contract from Maharashtra Transport Corp

Once fully operational, the project is expected to clock transactional volumes to the tune of ₹2,000 crore annually

Amul operator GCMMF unanimously elects Ashokbhai B Chaudhary as chairman

The election meeting was held on Tuesday and witnessed full participation from all 18 member unions of GCMMF, the dairy major said in its release

Vertis Infrastructure Trust raises ₹900 cr via sustainability-linked bond

The SLB is structured with predefined sustainability performance targets that link interest rates to the achievement of ESG outcomes, the InvIT claimed

Ashok Leyland fuels LNG boom in trucks, eyes tie-ups with city gas giants

The plan is being floated as the Petroleum and Natural Gas Regulatory Board (PNGRB) is expecting a multi-fold jump in the number of LNG trucks from 700 at present to 500,000 by 2040

Akasa Air aims to have 226 planes in fleet by 2032, says CFO Ankur Goel

Launched in August 2022, Akasa Air currently flies to 23 domestic and international destinations with a fleet of 30 Boeing 737 MAX planes

Tata Communications partners with AWS for AI-ready network rollout in India

The project, which is likely to involve a capital investment of about Rs 430 crore from Tata Communications, is expected to be completed by the end of FY26, according to a regulatory filing

Patrik Antoni to be new CEO of Ikea India as Susanne Pulverer resigns

Antoni will replace incumbent Susanne Pulverer, current Country Retail Manager & CSO, who has decided to leave her role at Ikea