Tube Investments of India (TII), Chennai-based Murugappa Group, is targeting to scale-up its electric vehicle (EV) and medical businesses while planning a capital expenditure of ₹300-350 crore in its core…
Category: Companies
Tata Motors PV posts resilient Q4 but JLR drags full-year numbers; stock closes marginally higher
Tata Motors Passenger Vehicles Limited (TMPVL) on Thursday reported consolidated revenue of ₹1,05,447 crore for the fourth quarter of FY26, up 7.2 per cent year-on-year, as a recovery in Jaguar…
M&M fully exits CIE Automotive, accelerates shift to core investments
New Delhi: Mahindra and Mahindra Ltd (M&M) has sold its entire stake in Spanish auto component maker CIE Automotive SA for €126 million, accelerating its strategy to exit non-core investments…
Alembic Pharma gets USFDA tentative approval for generic prostate cancer drug
Alembic Pharmaceuticals Ltd on Thursday said it has received tentative approval from the US health regulator for its generic version of Darolutamide tablets indicated for treatment of prostate cancer. The…
Matrimony.com Q4 results: PAT jumps 20% y-o-y
Chennai-based online matrimony company reported a profit after tax (PAT) of ₹9.7 crore for the fourth quarter ending March 2026, a 20 per cent year-on-year increase from the ₹8.1 crore…
JSW Steel reports surge in Q4 profits driven by record sales and joint venture
on Thursday reported a sharp rise in fourth-quarter earnings, aided by record steel sales, higher realisations and an exceptional gain from the transfer of its Bhushan Power & Steel Ltd…
Bharti Airtel’s next decade: Mittal outlines tighter control in India, bigger Africa bet
NEW DELHI: Bharti Airtel Ltd plans to raise its stake in Airtel Africa Plc to as much as 90% over the coming years, chairman Sunil Bharti Mittal said on Thursday,…
IHG to bring Kimpton to India through Adani Airports partnership with Jaipur hotel
In one of the larger hospitality-led airport city deals announced recently, IHG Hotels & Resorts, the company that runs Crowne Plaza, Intercontinental and other brands, said it has signed an…
Kaynes Technology misses Street estimates, FY26 guidance
Kaynes Technology India plunged more than 19% on Thursday as India’s third-largest electronics manufacturer drew investor ire over missing revenue and cash flow targets and failing to provide guidance for…
ASK Alternates launches ₹2,500 crore private credit fund
Mumbai: ASK Alternates, part of the Blackstone-backed ASK Asset & Wealth Management Group, has launched its second private credit fund with a target corpus of ₹2,500 crore, including a ₹1,500…