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Can Lumino Industries IPO deliver long-term growth for high-risk investors?Lumino Industries plans a ₹700 crore initial public offering to reduce debt and boost manufacturing capacity. The company expects to benefi...
Disney's losses from Reliance JV down to $44 million in June quarterWalt Disney's Indian joint venture with Reliance Industries saw losses narrow significantly in the recent quarter. The combined entity, Jio...
JSW MG seeks PHEV tax incentives, targets 70% localisation by 2027JSW MG Motor India is pushing for lower taxes on plug-in hybrid electric vehicles. The company targets 70% localization for its Windsor and...
JSW MG Motor India plans Rs 6,000 cr investment for capacity expansion, operationsJSW MG Motor India will invest Rs 6,000 crore for plant expansion and operations. The Halol plant capacity will double to 2.20 lakh units b...
JSW MG Motor launches Hector Tomahawk EV, PHEV: Check price, range, featuresJSW MG Motor India has launched the Hector Tomahawk in electric and plug-in hybrid versions. These new models are available under a Battery...
IT firms turn to bundled deals to weather AI deflationIndian IT service providers are increasingly using structured deals that combine acquisitions with long-term service contracts. Experts say...
Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potentialTCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 mi...
Oriental Hotels board approves merger with Indian Hotels Company Limited (IHCL)Oriental Hotels Limited's board approved an amalgamation scheme with The Indian Hotels Company Limited. This significant merger requires ap...
Welspun RE biz race: Macquarie, RP Sanjiv Goenka in last lapWNEL has a relatively small operating renewable energy portfolio, with about 45 MW of operational capacity. Its largest project under const...
Starbucks India brews up a fresh plan; puts expansion back on the menuStarbucks India plans aggressive store expansion after a two-year business model recalibration. The company reported four consecutive quart...
Zydus Lifesciences gets USFDA nod for generic ascorbic acid injectionZydus Lifesciences secured final USFDA approval for its generic ascorbic acid injection. This approval is for the treatment of scurvy in sp...
Pharmeasy-parent’s loss narrows in Q1, revenue up 10%API Holdings, parent of PharmEasy and Thyrocare, narrowed its Q1 FY27 loss to Rs 29.6 crore from Rs 145.4 crore a year earlier, while reven...
Biocon shares rise 2% after USFDA approval for Yesintek single-dose prefilled autoinjectorBiocon shares rose after its US subsidiary received supplemental FDA approval for Yesintek single-dose prefilled autoinjectors in two stren...
Tata Succession Plan: Senior executives and family scions seen in early list for top job after Chandrasekaran's exitTata Sons has begun the search for N Chandrasekaran’s successor after he announced plans to step down as chairman in February. Tata Steel C...
Black Box Q1 net profit up 18% to Rs 56 croreBlack Box has announced a remarkable eighteen percent rise in profits for the June quarter, attributed to a solid order book and growth in ...
Siemens Q1 Results: Net profit declines 18% to Rs 343 croreSiemens Ltd reported a decline in net profit of over eighteen percent in the June quarter, largely due to fluctuating commodity prices and ...