Company News

Yes Bank gets board nod to raise ₹16,000 crore through equity and debt

Yes Bank said the fundraising would not result in more than 10% dilution of existing shareholders' stake

Axis Bank cuts attrition to 22.4% in FY26 despite 3% fall in employee count

The lender hired more than 31,000 employees during FY26 and expanded its branch network, while reducing attrition and stepping up investments in AI and workforce productivity

Kotak Mahindra Bank's shares tumble over 3% on CEO Ashok Vaswani's exit

Stock declines over 3% after Ashok Vaswani says he will step down in December, with brokerages warning leadership succession uncertainty could weigh on sentiment

Prosus' India revenue up 13%; PayU turns profitable, Swiggy offsets gains

Dutch technology investor reports $781 million India revenue in FY26 as PayU posts positive adjusted Ebitda for the first time, while Swiggy's quick-commerce investments weigh on profits

Zerodha plans foray into investment banking, seeks Sebi registration

Zerodha has applied for a Category 1 merchant banking licence from Sebi, marking its entry into IPOs and corporate finance as it diversifies beyond broking

Bandhan Bank CFO Rajeev Mantri resigns, to step down on September 25

In a regulatory filing, the lender said Mantri submitted his resignation in a letter dated June 29, 2026, to pursue another opportunity for career growth

SBI raises $300 mn via 3-year dollar bonds at SOFR plus 100 basis points

The country's largest lender becomes the latest Indian issuer to tap overseas debt markets under the RBI's concessional swap window with a $300 million bond issue

Tata Motors eyes global top-four CV spot as Iveco acquisition advances

Chairman N Chandrasekaran says the combined Tata Motors-Iveco business could lift annual revenue to $35-40 billion in five years, boosting global scale and technology

Axis Bank CFO Puneet Sharma quits after six years; no successor announced

In a regulatory filing, the private sector lender said Sharma submitted his resignation on June 28 to pursue the next phase of his professional career

TVS Motor looking ahead with 'measured optimism': CMD Sudarshan Venu

"The road ahead is unpredictable, complex and exciting," he said

Serentica Renewables to invest ₹1 trillion in Rajasthan renewable projects

KKR-backed Serentica Renewables plans to invest Rs 1 trillion in Rajasthan as it expands its solar and battery storage portfolio to support industrial decarbonisation

Tata Motors set to complete Iveco transaction by Q2FY27: N Chandrasekaran

Addressing shareholders at the company's second Annual General Meeting here, he said the deal is a significant strategic step in advancing Tata Motors' global ambition

Technology to be central to Hindustan Zinc's next phase of growth: Chair

Describing the company's long-term strategy as Hindustan Zinc 2.0, she said the company is evolving from being the world's leading integrated zinc producer into a broader energy transition company

Tech Mahindra ties up with Perplexity to strengthen AI-led enterprise sales

Tech Mahindra will deploy Perplexity Enterprise Pro across its sales and customer-facing teams to improve access to AI-powered, source-backed insights and strengthen client engagement

Bajaj Auto's ₹5,632.8 crore share buyback to kick off from July 1

The company will repurchase up to 4.694 million equity shares at ₹12,000 apiece through a buyback programme worth up to ₹5,632.8 crore, with the offer remaining open until July 7

Apple accuses CCI of 'copy-pasting' rivals' claims in antitrust probe

The iPhone maker has asked India's competition watchdog to set aside an investigation report that found it engaged in abusive conduct, alleging investigators relied heavily on complaints from rivals

Serentica Renewables to invest ₹1 trillion in Rajasthan clean energy sector

The company said Rajasthan now accounts for over 50 per cent of its total solar portfolio, with major assets located in Bikaner and Jaisalmer

Icra to acquire remaining 40% stake in D2K Technologies for ₹32 crore

Pursuant to this, Icra Analytics will hold 100 per cent of the equity share capital of D2K Technologies on a fully diluted basis, Icra said in a regulatory filing

BPCL to acquire 40% stake in Tiki Tar and Shell India for ₹85 crore

The acquisition, which has received approval from the Department of Investment and Public Asset Management (DIPAM), is expected to be completed within 90 days

Oberoi Realty to invest ₹6,000 cr to build first Delhi-NCR housing project

The company launched the first phase of its housing project 'Three Sixty North', located at Golf Course Extension Road in Gurugram, comprising 832 units across 6 towers