Business

Auri Grow Launches CarbonKrishi AI Platform to Monetise Farm-Based Carbon Credits Indore, January 6, 2026: Auri Grow India Limited (NSE: AURIGROW) has announced the launch of CarbonKrishi, an AI-enabled digital platform designed to enable Indian farmers to measure, aggregate, verify, and monetise agricultural carbon credits, marking the company’s strategic expansion into the AgriTech and ESG-led sustainability space. Strategic Expansion Into AgriTech and ESG CarbonKrishi has been conceptualised as a technology-driven marketplace that connects eligible farmers practicing sustainable agriculture with domestic and global corporate buyers seeking credible carbon offsets. The initiative positions Auri Grow beyond traditional agricultural...

Ranchi, January 6, 2026: Ethos Limited (ETHOSLTD) has strengthened its national retail presence with the inauguration of a new Ethos Watch Boutique in Ranchi, Jharkhand, marking another milestone in its expansion strategy within India’s luxury retail segment.The newly opened boutique is located at the Ground Floor of Nucleus Mall on Circular Road, Lalpur, positioning the brand at a prominent high-footfall destination in the city. The launch underscores Ethos’ focus on deepening its reach in emerging luxury consumption markets beyond metro cities.With this addition, Ethos now operates 88 watch boutiques across India, reflecting steady progress in its physical retail expansion aligned with rising demand for premium and luxury...

Kolkata, January 6, 2026 – Shyam Metalics and Energy Limited (SMEL) reported a mixed sales performance for December 2025 and the third quarter of FY26, marked by strong sequential growth in stainless steel, speciality alloys, CR coils, sponge iron, and HR tubes, while carbon steel, pellets, aluminium foil, and pig iron faced volume moderation across select periods. The company’s diversified product portfolio helped offset softness in certain segments, with capacity-led gains in value-added products continuing to support overall operations. Stainless Steel Performance Stainless steel remained one of the strongest contributors during the month, supported by a sharp rise in sequential volumes and improved realizations. Stainless Steel...

Erode, January 6, 2026 – SKM Egg Products Export (India) Limited (NSE: SKMEGGPROD, BSE: 532143) on Tuesday clarified that its poultry operations continue to function normally, with no bird flu concerns impacting its farms located in Tamil Nadu.The company stated that all its eggs are produced exclusively in Tamil Nadu and it has no operational exposure to Kerala, where avian influenza cases have been reported recently. It further highlighted that its own poultry farm operates as an avian influenza-free compartment and is under continuous health surveillance.According to the company, birds at its facilities are regularly monitored to safeguard against avian influenza, Newcastle disease, and salmonella. Surveillance efforts in Tamil...

Chandigarh, January 6, 2026 – Nectar Lifesciences Limited has seen strong demand in its ongoing share buyback, with the offer subscribed 1.60 times as of 9:20 a.m. on January 6, 2026, the final day of the tender window. The company is executing a fixed-price buyback of up to 3 crore equity shares at ₹27 per share, with the offer period running from December 31, 2025 to January 6, 2026. Buyback SnapshotParticularsDetailsCompanyNectar Lifesciences LimitedSymbolNECLIFESeriesBBOffer TypeBuybackIssue TypeFixed PriceOffer Price₹27 per equity shareFace Value₹1Issue Size3,00,00,000 equity sharesOffer PeriodDecember 31, 2025 to January 6, 2026Subscription Status (As on January 6, 2026 | 9:20 a.m.)...

Gurugram, January 6, 2026: Dr Lal PathLabs Limited (NSE: LALPATHLAB | BSE: 539524) on Tuesday announced the launch of SOVAAKA, a next-generation diagnostic and wellness centre in Gurugram, marking a strategic expansion into personalised preventive and lifestyle healthcare.SOVAAKA has been positioned as a diagnostic experience centre built around the philosophy of “Science Behind Wellness,” combining precision diagnostics, advanced imaging, medical expertise and digital health integration under one roof. The initiative reflects the company’s focus on shifting healthcare delivery from reactive disease detection to proactive health prediction and early intervention.The centre offers customised, doctor-designed wellness programmes...

US President Donald Trump said the United States is set to receive more than USD 600 billion in tariff revenues, asserting that the country has emerged significantly stronger both financially and in terms of national security due to the levies imposed on multiple countries.In a post on Truth Social, Trump said the US has already collected, and will soon be receiving, over USD 600 billion in tariffs. He claimed that these developments have not received adequate attention, alleging that sections of the media are deliberately downplaying the issue ahead of an upcoming tariff-related decision by the US Supreme Court.According to Trump, the tariff measures have made the United States more financially resilient and globally respected...

Mumbai, January 6, 2026: Mobavenue AI Tech Limited (BSE: 539682) on Tuesday shared a comprehensive business update outlining significant strategic and operational milestones achieved between January 2025 and December 2025, underscoring its transition into an AI-first, technology-driven organization.Global Expansion with UK Subsidiary As part of its international growth strategy, the company has incorporated its first wholly owned subsidiary in the United Kingdom. The move is aimed at expanding its global footprint, strengthening overseas partnerships, and building a borderless ecosystem for advertising and consumer growth platforms.Strategic Acquisition Strengthens AI Capabilities During the review period, the company completed the...

Ahmedabad, January 6, 2026: Adani Ports and Special Economic Zone Limited reported a steady improvement in cargo throughput during December 2025, supported by strong container traffic and resilient year-to-date logistics performance. December 2025 Operational Performance During December 2025, the company handled 41.9 million metric tonnes (MMT) of total cargo, marking a 9 percent year-on-year increase. The growth was primarily driven by container volumes, which recorded an 18 percent YoY rise, reflecting continued strength in trade-linked cargo movement across Adani-operated ports. Cargo and Logistics SnapshotParticularsDecember 2025YoY ChangeTotal Cargo Handled41.9 MMT+9%Container Cargo—+18%Rail Logistics Volume59,037...

Bengaluru, January 6, 2026: Biocon Limited (BSE: 532523 | NSE: BIOCON) on Monday completed a major share swap and cash acquisition transaction, significantly strengthening its control over subsidiary Biocon Biologics Limited. The transaction involved both preferential allotment of equity shares and acquisition of shares from existing investors. Key Transaction Highlights Biocon completed the acquisition of 26.19 crore equity shares of Biocon Biologics from multiple investors and, in return, issued 17.13 crore equity shares of Biocon on a preferential basis. The equity shares were allotted at an issue price of ₹405.78 per share, fully paid-up, with a face value of ₹5 each. Details of Share Swap and AllotmentAllotteeBBL Shares...

Hyderabad, January 5, 2026: Heritage Foods Limited on Monday announced the completion of its acquisition of a majority stake in Peanutbutter and Jelly Private Limited, marking a strategic expansion into the branded foods and quick-service restaurant space. The company has acquired 51 percent equity share capital of Peanutbutter and Jelly Private Limited after fully discharging the purchase consideration of ₹9 crore. With the transaction now closed, Peanutbutter and Jelly Private Limited has officially become a subsidiary of Heritage Foods Limited. Transaction Details The acquisition was executed through a share purchase arrangement with Sky Gate Hospitality Private Limited, the erstwhile shareholder of Peanutbutter and Jelly Private...

New Delhi, January 5, 2026: Dabur India Limited (NSE: DABUR, BSE: 500096) on Monday shared a business update for the quarter ended December 31, 2025, indicating early signs of demand recovery across key categories, supported by improving consumer sentiment and stabilisation in trade channels.Demand Recovery Gathers Pace in Q3 The company said demand trends showed improvement during the quarter, aided by GST rate revisions and inventory rationalisation by distributors and retailers during October. Post trade stabilisation, both urban and rural markets witnessed better sentiment, with rural demand continuing to outperform urban demand.Segment-Wise Performance Outlook Home and Personal Care The Home and Personal Care segment is...

New Delhi, January 5, 2026: Oil and Natural Gas Corporation Limited (ONGC) has made a strategic entry into ethane shipping by forming two joint venture companies with Japan-based Mitsui O.S.K. Lines Ltd, marking a key step in business diversification and energy logistics integration. ONGC has signed joint venture and capital contribution agreements to acquire equity stakes in Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited, both registered at GIFT City, Gandhinagar. Equity Structure and Investment Details Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of ₹100 each in both joint venture entities. Post allotment, the ownership structure will be evenly split between the partners...

Gurugram, January 6, 2026 (IST): Ritco Logistics Limited (NSE: RITCO, BSE: 542383) reported a strong close to calendar year 2025, securing new transportation contracts valued at approximately ₹205 crore during December. The fresh wins span multiple industrial sectors, underscoring the company’s diversified business model and execution capabilities across India’s logistics landscape.Transportation Vertical Drives December Order Wins Polymer Segment Anchors Order Book The company secured a high-value, multi-year transportation engagement worth around ₹165 crore from a leading polymer manufacturer based in Rajasthan. The contract involves multi-location movements across India and is supported by Ritco’s dedicated full-truckload fleet...

Thrissur, January 5, 2026: Dhanlaxmi Bank Limited reported a strong expansion in its core business metrics for the quarter ended December 31, 2025, led by sharp growth in advances, gold loans, and MSME lending. Business Performance Snapshot The bank’s total business increased to ₹31,933 crore as of December 31, 2025, reflecting a year-on-year growth of 20.76 percent. The expansion was supported by healthy momentum in both deposits and advances, indicating improved balance sheet traction during the quarter. Key Business Indicators (₹ crore)ParticularsDec 31, 2024Mar 31, 2025Dec 31, 2025YoY Growth (%)Total Business26,44328,21931,93320.76Total Deposits15,06816,01317,83918.39CASA4,6024,6475,0189.04Gross...

Mumbai, January 5, 2026: Central Bank of India (BSE: 532885 | NSE: CENTRALBK) reported strong growth in its key business metrics for the quarter ended December 31, 2025, reflecting sustained momentum in advances and deposits. During the third quarter of FY26, the bank’s total business expanded 15.8% year-on-year to ₹7.74 lakh crore, compared with ₹6.69 lakh crore in the corresponding quarter last year. On a year-to-date basis, total business growth stood at 10.18%. Deposits and CASA Performance Total deposits rose 13.23% YoY to ₹4.51 lakh crore as of December 31, 2025, up from ₹3.98 lakh crore a year ago. On a sequential basis since March 2025, deposits increased 9.17%. CASA deposits stood at ₹2.12 lakh crore, registering an 8.53%...

Karur, January 5, 2026: Karur Vysya Bank has announced a downward revision in its key lending benchmarks, offering relief to borrowers across segments. The bank will reduce its Base Rate by 45 basis points and Benchmark Prime Lending Rate (BPLR) by 45 basis points, with the revised rates coming into effect from January 7, 2026. Revised Lending RatesNature of RateExistingRevisedBase Rate11.15%10.70%BPLR16.15%15.70%The reduction in benchmark rates is expected to translate into lower borrowing costs for customers whose loans are linked to these reference rates. This move aligns with the broader easing in lending conditions and supports credit demand across retail, MSME, and corporate segments. Impact on Borrowers The cut in the...

Mumbai, January 5, 2026: L&T Finance Limited (NSE: LTF | BSE: 533519) reported a strong operating performance for the quarter ended December 31, 2025, with retail disbursements surging 49 percent year-on-year to an estimated ₹22,690 crore, reflecting sustained momentum across key lending segments. The company’s retail loan book also expanded steadily, rising 21 percent year-on-year to approximately ₹1.11 lakh crore at the end of the December quarter, underscoring continued focus on retail-led growth. Retail Disbursements Performance During Q3FY26, growth was broad-based across rural, urban, SME and farmer finance segments, with gold finance also contributing meaningfully during the quarter.SegmentQ3FY25 (Actual)Q3FY26 (Estimated)...

National, January 5, 2026: The Tata Power Company Limited (TATAPOWER) said its renewable energy subsidiary Tata Power Renewable Energy Limited (TPREL) has scaled 1 GWp of rooftop solar installations within the first nine months of FY26, strengthening its leadership in India’s rooftop solar market across residential and commercial and industrial segments. The milestone reflects a sharp acceleration in execution and customer adoption during the year, with installations and capacity additions significantly outpacing the corresponding period last fiscal. Strong FY26 Operating Momentum TPREL added over 1 GWp of rooftop solar capacity in the nine months to December FY26, translating into 127 percent year-on-year growth compared with 444.78...

Mumbai, January 5, 2026: Kotak Mahindra Bank Ltd (NSE: KOTAKBANK) reported steady balance-sheet expansion for the quarter ended December 31, 2025, with strong growth across advances and deposits, reflecting sustained credit demand and stable liability accretion during Q3 FY26. Advances Maintain Strong Traction The bank’s net advances (end of period) rose to ₹4,80,229 crore, marking a 16.0% year-on-year growth and a 3.8% sequential increase. On an average basis, advances stood at ₹4,65,879 crore, up 16.2% YoY and 4.0% QoQ, indicating consistent loan book expansion through the quarter. Advances Snapshot (₹ crore)Particulars31-Dec-2530-Sep-2531-Dec-24YoYQoQNet Advances – EOP4,80,2294,62,6884,13,83916.0%3.8%Net Advances –...