Company News
Amazon expands ultra-fast delivery service Amazon Now to over 120 cities
Amazon Now has doubled its footprint in two weeks, bringing minute-level deliveries to customers in cities including Amritsar, Abohar, Jalandhar, Ambala, Mangalore, Manipal, Vizag, Kochi, Changanasser
Novo eyes childhood obesity pilots in India, seeks wider public-sector role
Next-gen pipeline spans higher-dose, combination and oral therapies; company says it can meet India's demand for GLP-1 medicines as the market expands
Aurobindo Pharma's Acrotech enters US dermatology market with Adquey launch
To support the launch and expand this therapeutic segment, the company has set up a dedicated dermatology business unit, the filing said.
JSW Cement announces merger with its listed subsidiary Shiva Cement
JSW Cement will issue five shares for every 41 Shiva Cement shares held by public shareholders; the proposed merger is expected to be completed within 12-14 months
Subscriber gains positive but Vodafone Idea yet to bridge funding gap
Improving subscriber trends and ARPU offer some comfort, but Vodafone Idea still needs substantial funding to finance its ₹45,000 crore capex plan and meet obligations
MobiKwik co-founder Upasana Taku buys 1.07 lakh shares for ₹2.12 crore
Upasana Taku bought 1.07 lakh MobiKwik shares in two open-market transactions at about ₹198-199 apiece, taking her holding in the fintech firm to 80.65 lakh shares
Kajaria Ceramics eyes volume recovery, steady margins on stronger demand
Strong FY27 growth guidance, revival in the project segment and brownfield expansions are positives, while competition from Morbi players remains a key downside risk
IIFCL UK moves NCLT against Reliance Infrastructure arm over ₹1,745 cr dues
Lender seeks insolvency proceedings against Mumbai Metro One over alleged ECB default; NCLT flags limitation, Section 10A and other defects in the petition
Member of Tata Trusts seeks governance probe as rift deepens
Tata Trusts senior trustee Venu Srinivasan has sought an investigation into why the philanthropic arm is increasingly intervening in the commercial affairs of Tata Sons.
UP dairy sector draws ₹695 crore investment proposals from 22 companies
Twenty-two companies proposed investments worth ₹695.18 crore across Uttar Pradesh at the UP International Trade Show, with the projects expected to create over 2,500 jobs
State Bank of India buys nearly 40% of Reliance's $1.35 billion debt sale
The state-run bank is estimated to have bought bonds worth nearly 50 billion rupees, or about 40% of the offering
JSW Cement to merge its listed subsidiary Shiva Cement with itself
Board approves 5:41 swap ratio
Mangalore Refinery Petrochem cancels fuel export tenders after fire at site
MRPL notified buyers that it had withdrawn tenders to export diesel, jet fuel and reformate later this month, according to three company notices
L&T Transportation Infra vertical secures ₹3,500 cr contracts in Dubai
The two contracts cover roads, bridges, tunnels, an interchange and cycling infrastructure, with both projects scheduled for completion by the end of 2028
India key market for Canon, plans to expand retail network by 2027: CEO
The company, which aims for 10,000 active resellers in India by 2027, has been recording double-digit growth across its core businesses
Vedanta raises ₹2,000 crore through issuance of non-convertible debentures
The fundraise is aimed at diversifying the company's funding mix and bolstering its balance sheet as it refinances existing debt
Coca-Cola considering December filing for India bottling unit's $1 bn IPO
The Atlanta-based drinks giant has also added Axis Capital Ltd. and IIFL Capital Services Ltd. to the roster of banks working on the Hindustan Coca-Cola Beverages Pvt deal
ED arrests Vatika Group promoters in ₹154 crore money laundering case
Vatika Group's Chairman and MD Anil Bhalla and promoter Gautam Bhalla were arrested on Tuesday under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002
DoorDash opens first India office in Hyderabad, plans 3,000-plus jobs
The Hitec City hub starts with 500 professionals and will support customer experience, integrity and corporate functions for DoorDash's global operations
FSSAI suspends Seven Seas Hospitality licence over safety violations
Fungal growth on food materials, presence of insects, poor hygiene, filth and odour were observed during the inspection, according to the regulator