The government has approved strategic sale of Indian Medicines Pharmaceutical Corporation Ltd (IMPCL) to Skymap Pharmaceuticals Pvt Ltd for over ₹121 crore, the finance ministry said on Tuesday. The government…
Category: Companies
AM/NS India becomes first globally to produce EQ70 high-strength welded pipes
ArcelorMittal Nippon Steel India has become the first steel company in the world to produce the highest strength welded pipes (EQ70 grade) used in marine engineering projects, with certification from…
Zee Entertainment in talks to land FIFA World Cup 2026 broadcast deal in India; to launch Unite8 Sports sports channel
Leading Content & Technology powerhouse Zee Entertainment Enterprises Ltd. (‘Z’) has officially confirmed that it is in talks to land the FIFA World Cup 2026 broadcasting deal for Indian viewers.…
Liberty Shoes Q4 net profit down 5.5% to ₹5.29 cr
Liberty Shoes Ltd on Tuesday reported a 5.5 per cent on-year decline in net profit to ₹5.29 crore for the March quarter of FY26. The company had reported a net…
CleanMax secures $575 m funding for 1 GW RE projects
Clean Max Enviro Energy Solutions (CleanMax) has successfully raised around $575 million to expand its solar and wind projects in India. The financing was structured through multiple lenders both domestic…
Man Industries net down 25% on higher cost
Man Industries (India), a leading manufacturer of large-diameter carbon steel line pipes and coating systems for the oil and gas sector, reported that its net profit in the March quarter…
IMFA acquires 26% stake in EG Urja Strot, signs 29-year renewable power deal
Indian Metals & Ferro Alloys Ltd (IMFA) has acquired a 26 per cent stake in EG Urja Strot Private Ltd for around Rs 110.18 crore. The company has also executed…
EID Parry reports net loss in Q4 due to exceptional charge, consolidated revenue up
Murugappa Group company EID Parry reported a consolidated net loss of ₹287 crore for the quarter ended March 2026 (Q4FY26) compared to a net profit of ₹539 crore in Q4FY25,…
Maruti Suzuki asks employees to adopt WFH where feasible, restrict foreign travel
Car market leader Maruti Suzuki India on Tuesday said it has taken steps, including work from home wherever feasible and restricted foreign travels, in response to Prime Minister Narendra Modi’s…
Marico enters shampoo market with Parachute Advansed Protein Shampoo
Home-grown FMCG major Marico on Monday announced its entry into the hair cleansing segment by extending the coconut hair oil brand Parachute to the shampoo category. Through its Parachute ‘Advansed…