Business

Vellayan Subbiah will continue in his role as the executive chairman till the conclusion of his tenure in March 2030, Cholamandalam Investment clarified.

The ED had issued a fresh summons to the Reliance Group chairman, directing him to appear for questioning on February 26, after he failed to attend a scheduled deposition last week.

The deal was arranged as a 90% stock swap, integrating Internshala's early talent marketplace into upGrad's educational and professional skills development ecosystem.

Centum Electronics, an electronics system design and manufacturing company serving the Defence and Aerospace sectors will be designing and developing the Active Electronically Scanned Array (AESA) Radar Systems for the Utility HelicopterMaritime (UH-M) platform.

NSE this month formed a committee and appointed Rothschild & Co. as an independent adviser to oversee the listing process.

After a low of Rs 160 crore net profit in FY24, Motilal Oswal expects Laurus Labs to end FY26 with Rs 850 crore PAT and a 16% CAGR over FY26-28, reaching Rs 1,150 crore.

HDFC Securities projects this company to deliver 7% volume CAGR and 20% Ebitda CAGR between FY25 and FY28.

As credit costs normalise and earnings visibility brightens, the brokerage sees scope for gradual rerating.

Tata Elxsi's margin recovery is expected to be gradual, leading to a 6-7% reduction in our EPS estimate, adds the brokerage.

The brokerage project 8.5% YoY growth for Q3 FY26, following +8.1% YoY in Q2 FY26.

Motilal Oswal maintains 'Neutral' stance on Data Patterns — Check details

Solar Industries—a long-time industrial major is undergoing a strategic shift—with defence and exports becoming central to its future. While the order visibility is strong, valuation leaves little room for error.

IT companies' operating profit growth improved to 11.1%, while it moderated to 4% for non-IT services companies, it said.

The subsidiary of the UK-based HSBC Plc earned a profit before tax of $1.7 billion in the preceding year.

They also said the merger will be "disastrous" for the theater industry, citing Netflix's historic reluctance to put its movies in cinemas.

Kamath said one of the key motivations behind offering LAS was to help clients refinance expensive debt.

DCGI had earlier provided its approval for manufacturing and marketing Semaglutide injection for the treatment of Type 2 Diabetes Mellitus and Obesity.

The announcement was made at the recently concluded AI Impact Summit 2026.

According to ED, the total attachment action taken so far against Anil Ambani and his group companies has been of over Rs 15,000 crore.

Employees dubbed "exemplary," the highest level, will be eligible for a payout of as much as 150% of the bonus target, up from a previous limit of 130%.