Company News

SC asks SpiceJet to move HC for extension to deposit ₹144 cr in Maran case

Referring to a recent government's bailout programme for airlines, which has an outlay of ₹5,000 crore, senior advocate Mukul Rohatgi sought three months time to deposit the amount

Why startups are restructuring to secure Indian-controlled status

Swiggy's move to qualify as an Indian Owned and Controlled Company shows how new-age internet firms are revamping boards and ownership as quick commerce and ecommerce rules tighten under Fema rules

Prudential's India reboot comes with a distribution problem and growth test

Experts said lack of a strong bancassurance or agency network could remain a structural hurdle for Bharti Life Insurance, even as Prudential brings capital strength and experience in India

US ends civil, criminal cases against Adani after $10 bn investment promise

It is the latest example of Trump's Justice Department abandoning a high-profile case brought under his Democratic predecessor, Joe Biden

Reliance turns to CATL as Chinese tech curbs hit battery ambitions

Reliance is in talks with CATL and other Chinese suppliers for battery components as Beijing's tightening tech curbs reshape its clean energy ambitions

Adani settles alleged Iran sanctions violation case with US Treasury

The settlement does not constitute a finding of guilt or wrongdoing and resolves all related liabilities

Vodafone Idea closing ₹35K crore SBI-led funding 'very fast': CEO

Vodafone Idea expects to close talks with an SBI-led consortium soon after promoter equity infusion and AGR relief improved its financial position

TCS rolls out average salary hikes of 6-8% for employees in India

High performers, employees in the top-rated A+ category, have received hikes of more than 10 per cent, the sources added

TCPL sees strong runway for growth in India: Chairman N Chandrasekaran

He opened his letter stating, "We are operating in an era defined by profound structural shifts, heightened geopolitical sensitivity and rapid technological advancements"

Maruti Suzuki commences production at second unit of Kharkhoda facility

The second unit has an annual manufacturing capacity of 250,000 units. The first unit, which can also produce 250,000 units per year, had started production in February 2025

Salesforce burns 12 trillion AI tokens, says won't displace humans

Not every process needs to be agentified, says Vala Afshar

India to drive Hyundai Motor's global production, export road map

Hyundai Motor India plans to cross 1 million units of production capacity by FY28, with Chennai playing a central role in exports and new model launches

SC to hear tax department plea against Vedanta relief in TDS dispute

The Supreme Court agreed to examine the Income Tax Department's plea against a Madras High Court ruling that granted Vedanta partial relief in a TDS dispute

IndusInd Nippon Life Insurance FY26 profit rises 15.12% to ₹248 crore

Strong new business growth lifts IndusInd Nippon Life Insurance FY26 profit

ICICI Bank to retain majority stake in ICICI Prudential Life Insurance

ICICI Bank reaffirmed its long-term commitment to ICICI Prudential Life Insurance after Prudential plc announced plans to reduce its stake below 10 per cent

Liberty Mutual increases stake in Liberty General Insurance to 74%

Liberty Mutual Insurance has raised its stake in Liberty General Insurance to 74 per cent, strengthening control of the Indian insurer amid growing foreign investment interest in the sector

TVS Venu Group to acquire up to 9.9% stake in Jana Small Finance Bank

TVS Venu Group comprises of TVS Motor, TVS Credit, TVS Emerald and other entities, including promoter entities with a revenue of $ 6.5 billion in FY26

JSW Energy sells 25 million JSW Steel shares for ₹3,150 crore via bulk deal

Post-transaction, the company's balance holding is 4,50,38,350 equity shares of JSW Steel Ltd, a regulatory filing said

United Breweries announces closure of brewery unit in Ludhiana from June 30

UBL further said this long-term lease will play a pivotal role in meeting the future demand efficiently and sustainably through enhanced operations within the Punjab

Tata Power, Druk Green ink pact for Bhutan's clean energy framework

Training programmes will be delivered through Tata Power Skill Development Institute (TPSDI)