Company News

Bahwan CyberTek launches CloudXcel to introduce AI-driven cloud engineering

The AI-powered platform integrates automation, governance and FinOps intelligence to help enterprises accelerate cloud adoption, optimise costs and maintain security and compliance at scale

NCLAT rejects Vedanta's plea against selection of Adani group's bid for JAL

JAL, which has high-quality assets and business interests in various sectors, was admitted to the CIRP in June 2024 after it defaulted on payments of loans aggregating ₹57,185 crore

Sun Pharma exploring Eurobonds, bond swaps to fund US-based Organon buy

According to bankers, the Indian pharma major plans to raise around $10 billion from various sources, while the remaining will be funded through internal accruals

Tata Trusts set to review representation at Tata Sons board this week

If the review implies Srinivasan's exit from the Tata Sons board, Noel Tata will remain the only trustee nominee there

Artha Venture's early bets begin to pay off as exit opportunities mount

Artha's Anirudh Damani says disciplined entry valuations-not market timing-are driving its biggest wins

Lodha Developers aims 2.5x jump in annual PAT to ₹8,500 cr by FY31: MD

Recently, Lodha Developers reported that its net profit increased to Rs 3,430.7 crore last fiscal from Rs 2,766.6 crore in the preceding financial year

Ceigall India's joint venture CIL-SAM bags ₹918 cr order from Jaipur Metro

The ten stations to be constructed under the package are Prahladpura, Manpura, Bilwa Kalan, Bilwa, Goner Mod, Sitapura, JECC, Kumbha Marg, Haldighati Gate, and Pinjrapole Gaushala

Shortage of competition in Indian market to support Unilever's growth: CEO

The British multinational consumer goods maker "sees opportunities coming from the constraints in supply in the global market" even as its multipolar supply chain remains resilient

SIS targets ₹20,000 crore revenue in FY27, eyes 500,000 workforce by 2030

SIS, which reported a 21 per cent increase in revenue to Rs 16,030 crore in FY26, expects growth momentum to sustain on the back of new client additions

Radisson aims 160 hotels, 19,500 keys in India by 2026-end: South Asia MD

The global hospitality chain operates 142 hotels in India and has 84 more under development, reflecting a strong pipeline towards medium-term visibility

Maruti Suzuki India starts FY27 with increase in market share to 42%

According to industry estimates, the company, which posted a record domestic sales of 1,91,122 units in April, gained nearly 3 percentage points in market share the month

Latest RBI rules for shadow lenders may put Tata Sons IPO on radar

The Reserve Bank of India this week said shadow lenders that are accepting money from associates and group entities will be counted as having indirect access to public funds

CDSL Q4 FY26 results: Net profit falls to ₹80 crore, income rises

Total income during the quarter was ₹268 crore as against ₹256 crore in the same quarter of FY25, a company statement said

TVS Motor reports 7% growth in total sales at 473,970 units in April

Total two-wheeler sales grew 6 per cent at 455,333 units last month as against 430,150 units in April 2025, TVS Motor Company said in a statement

Centre allows force majeure relief for govt contracts amid West Asia crisis

Measure allows deadline extensions of up to four months without penalties for firms hit by supply disruptions, subject to case-by-case approval and only if they were not in default before February 27

AGR relief eases Vodafone Idea pressure, spectrum debt concerns remain

Reduction in AGR dues may improve Vodafone Idea's ability to raise funds, but rising spectrum payment obligations from FY27 remain a key concern for analysts

Adani Group unveils restructuring to speed up decisions, drive growth

The Adani Group will introduce a three-layer organizational structure with fewer decision-makers, and have greater focus on liquidity and access to capital

RBI should direct Tata Sons to list by March 2027: InGovern Research

It also requested the RBI to issue a definitive public order rejecting Tata Sons' application for de-registration as a core investment company that was filed to avoid a public listing

RuPay tailwind drives fintech push for co-branded credit cards on UPI

Fintech companies ramp up RuPay-linked credit cards to tap UPI-driven usage, boost transaction volumes, and expand reach among new-to-credit customers

Ola Electric's April enrolment up 20% despite dip in 2W EV market

Company bucks 22% industry decline in April with strong MoM growth, driven by improving operations, customer confidence and rising demand for its expanding EV portfolio