Company News

Tata Motors sees EV profitability nearing ICE parity as costs decline

The company said falling battery costs, localisation and tighter emission norms for petrol and diesel vehicles are steadily improving the long-term economics of electric vehicles

Nomura leases office space in Mumbai's Worli at ₹2.79 crore per month

Nomura has leased 38,478 sq ft of office space in K Raheja Corp's Altimus tower in Mumbai's Worli under a 10-year agreement with annual rental escalation

Latest capital infusion would suffice Axis Finance's 3-3.5 year growth

Axis Finance's Rs 2,250-crore capital infusion from Axis Bank and Kedaara Capital is expected to support the NBFC's growth and delay upper-layer classification

Explained: Why Tata Sons is facing mounting pressure to go public

Until now, Tata Sons has remained unlisted, but there is now pressure to list from ​internal stakeholders, including its second largest shareholder, the Shapoorji Paloonji (SP) Group

Adani fraud case timeline: From US bribery probe to $18 mn SEC settlement

The Gautam Adani bribery and fraud case in the US is nearing closure after reports said the Adani Group chairman has agreed to settle the SEC's civil lawsuit

Shapoorji Pallonji in talks with Cerberus, Farallon for $1.5 billion bond

The infrastructure-focused conglomerate, backed by billionaire Shapoor Mistry, is proposing to offer 18.75 per cent yield on the zero-coupon bonds of its unit Goswami Infratech Pvt

Redington shifts to air freight as West Asia conflict disrupts trade

Air freight ‌rates have surged since the US-Israeli war on Iran began at the end of February, as higher fuel costs and disrupted sea shipments squeeze capacity

Gautam Adani, nephew near end of US legal battle with $18 mn SEC settlement

Adani and his nephew Sagar agreed to pay a total of $18 million to settle Securities and Exchange Commission allegations that they made false and misleading representations about Adani Green Energy

Signature Global eyes launches worth ₹15,000 cr in FY27: Pradeep Aggarwal

Realty firm expects stronger sales momentum from branded residential projects and existing inventory in Gurugram during FY27

Airtel to double down on levers to raise Arpu; flags 'broken' pricing model

Telecom major plans sharper focus on fibre rollout and pricing strategy as West Asia crisis and rising equipment costs weigh on profitability

Sunil Bharti Mittal charts Airtel succession with 51% promoter stake goal

Promoter shareholding in Bharti Telecom to rise to over 51% through buybacks, dividends

ED freezes ₹526 crore deposits in money laundering case against Gameskraft

The searches against the Bengaluru-based company were launched on May 7 in Delhi-NCR and the capital city of Karnataka. The raids concluded on May 13, the agency said in a statement

Satin Creditcare Network aims to reach ₹32,000 crore AUM by FY30

Microfinance lender expects stronger growth and better collection efficiencies as it expands branches and diversifies operations

Hudco's loan sanction pipeline includes ₹13,000 crore city projects

State-run lender reports 49 per cent rise in FY26 net profit as it advances urban project financing under the Centre's Urban Challenge Fund

RPG Group on PM Modi's call for restraint: WFH, cleaner mobility

Harsh Goenka says the conglomerate is expanding remote work, limiting travel and accelerating electric mobility adoption amid West Asia tensions

New Era Cleantech advances ₹20,000 crore coal-to-chemicals project

Company aims to complete financial closure and place EPC orders for the first phase of its Maharashtra coal gasification project by December 2026

Supreme Court refuses to stop RIPL board meet in Sunjay Kapur estate case

Apex court urges mediation in inheritance dispute between Rani Kapur and Priya Kapur while allowing key company meeting to proceed

Gautam Adani may get relief as US weighs dropping fraud charges

Ending the cases would be a significant boon to the Adani Group, one of India's most powerful companies, whose interests range from coal mining to renewable energy and airports

Myntra bets on small-town creators to drive online shopping growth

The fashion retailer aims to bring 1 million creators into its affiliate ecosystem as creator-led commerce contributes a growing share of sales

Bajaj group enters healthcare sector with ₹2,500 crore Pune project

Nirav Bajaj, the Chief Executive and Managing Director of Bajaj Integrated Health System, said the group will expand into up to 12 cities over the next decade