Company News

India is the second-largest market for Hittech: Chairman Andreas Hettich

German furniture fittings major says India has overtaken China and the US to become its second-largest market as it expands manufacturing and targets double-digit growth

West Asia crisis threatens 2 mbpd of Gulf refining capacity: Rystad Energy

Up to 2 million barrels per day of Gulf refining capacity faces disruption as the Strait of Hormuz remains closed amid US-Iran tensions, threatening global oil supply, says Rystad Energy

Vi executives to meet institutional investors in HK, Singapore next week

Telecom operator's management plans investor meetings in Singapore and Hong Kong as it seeks overseas funding to support its multi-year capex programme

HCLTech Chennai employees asked to work from home amid LPG crisis

IT services firm allows employees at its Chennai centre to work from home as LPG shortages disrupt canteen operations; some peers also see limited food services

GenAI courses see fastest traction in India: Coursera CTO Furniturewala

There are roughly 4 mn enrolments from India in AI and Gen-AI courses on Coursera, he said, adding that this pace of upskilling and reskilling was necessary to unlock a $1.7 trn economic opportunity

CARS24 acquires Vehicle Info to build full-stack vehicle ownership platform

Acquisition of automotive utility app Vehicle Info will help CARS24 expand beyond buying and selling vehicles to build a platform offering services across the entire ownership lifecycle

Glass manufacturer HNGIL seeks uninterrupted industrial LPG supply

Company warns disruption in LPG supply could damage furnaces and impact operations at its plants as West Asia tensions tighten energy markets

Vinay Tonse joins Yes Bank as MD & CEO designate after RBI approval

Former SBI managing director Vinay Muralidhar Tonse joins Yes Bank as MD & CEO designate for three years and will take charge from incumbent Prashant Kumar in April 2026

Bank of Baroda raises $500 million through five-year syndicated loan

State-run lender raises $500 million through a five-year syndicated loan via its GIFT City IFSC unit, attracting investors across Asia and aiming to diversify funding sources

TVS Motor unveils electric scooter Orbiter V1; expands EV portfolio

This BaaS model separates the vehicle price from the battery cost, helping customers better understand both the upfront purchase and the ongoing running cost of an electric vehicle

DHL Express Europe presses ahead with West Asia investments despite war

The Deutsche Post DHL group has announced more than 500 million euros ($577 million) in investment in the Middle East through 2030, especially in Saudi Arabia and the UAE

Aster DM Healthcare earmarks ₹4,000 cr to add 4,080 beds in next few yrs

The company, which received the final approval from shareholders for merger with Quality Care India Ltd (QCIL), expects the process to be completed in the next quarter

Infosys to expand Mohali centre, new campus to seat 3,000 employees

The new Software Development Block, part of the expansion, is designed to enhance Infosys' ability to deliver AI-led solutions, cloud services, and digital transformation for global clients

Akzo Nobel India gets regulatory approval to change name to JSW Dulux

The ministry has approved the name change and granted a fresh Certificate of Incorporation with new name JSW Dulux, according to a regulatory filing from the company

RIL to invest in US' first major refinery in 50 years, says Trump

US President Donald Trump announces a Reliance-backed refinery project in Texas under a $300 billion deal, months after India and the US signed a major bilateral trade pact

Rasna eyes up to 20% growth as early summer boosts beverage demand

Rasna expects 15-20 per cent revenue growth this year as early summer boosts demand, with new launches and digital-first marketing aiding sales momentum

LPG shortage forces Infosys to limit catering services on campuses

Food courts at Infosys campuses in Pune, Bengaluru and Chennai will operate with limited menus as LPG supply curbs linked to the West Asia crisis disrupt catering operations

Ashok Leyland breaks ground for EV battery pack facility in Tamil Nadu

Ashok Leyland breaks ground for a battery pack manufacturing facility near Chennai with an investment of Rs 400-500 crore to support localisation and strengthen India's EV ecosystem

Telangana High Court reserves order on Fino Bank MD arrest in GST case

Telangana High Court reserves verdict on plea by Fino Payments Bank MD Rishi Gupta challenging his arrest in an alleged ₹10,000 crore GST evasion case linked to merchant transactions

Cred gets final license from RBI to operate as payment aggregator

Fintech firm Cred receives RBI's final licence to operate as a payment aggregator, allowing it to onboard merchants and process payments across instruments