Company News

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

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

HDFC ERGO General Insurance appoints Parthanil Ghosh as MD & CEO

HDFC ERGO General Insurance appoints Parthanil Ghosh as managing director and chief executive officer from April 16, subject to regulatory approvals

SBI, MUFG sign pact to collaborate on M&A, aviation, real estate financing

State Bank of India and MUFG Bank sign a strategic partnership to collaborate on M&A, aviation and real estate financing, supporting cross-border transactions

Embassy Developments clocks ₹495 crore sales in 4 days in Bengaluru

Embassy Developments sells over 500 homes worth about Rs 495 crore within four days of launching Embassy Verde Phase II at Embassy Springs in North Bengaluru

Drone-based logistics firm Skye Air raises $9 million in Series B round

Hyperlocal drone delivery platform Skye Air closes Series B funding, plans expansion into Bengaluru, Mumbai, Pune, Hyderabad, and Kolkata while enhancing its autonomous logistics technology

CreditAccess Grameen to scale overseas borrowings to $400 mn a year

Microfinance lender CreditAccess Grameen plans to increase overseas borrowings to $400 million annually over the next two to three years to diversify funding and support asset growth

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

Isuzu Motors India appoints Takeshi Hirano as Deputy Managing Director

The company, a subsidiary of Isuzu Motors Ltd, Japan, said Hirano succeeds Toru Kishimoto who will assume a new assignment at the parent company

IOC, BPCL, HPCL could see margin pressure amid oil price spike: S&P

S&P Global Ratings have recently revised its 2026 average price assumption for Brent crude oil prices by $5 to $65

Why Reliance's Jamnagar refinery makes it key to Trump's Texas oil plan

Trump announced a Texas refinery with investment from Reliance, the first such US project in 50 years. Jamnagar's world-leading Nelson Complexity Index may explain why RIL was chosen

Adani Energy raises $500 mn bilateral debt from Apollo Global Management

The financing underscores the financing shift for Adani, historically one of the largest Indian issuers, as it borrows to fund ambitious capital spending plans while facing elevated borrowing costs

PhonePe launches 'On-The-Go' card for seamless, offline transit payments

This launch is a step towards India's 'One Nation One Card' vision, aimed at digitizing transit payments across India

Emami Agrotech eyes ₹2,000 crore from HoReCa, food services segment

The company also plans to expand its 'FOR CHEF' portfolio by introducing sauces, condiments, ready-to-cook and ready-to-eat products in the next few months

Tata Consultancy Services wealth erosion tops $100 billion from peak

TCS loses over $100 billion in market value from its 2022 peak as AI uncertainty and IT sector correction trigger a sharp valuation reset

Months after IndiGo meltdown, CEO resigns; Bhatia to take interim role

IndiGo CEO Pieter Elbers resigns citing personal reasons three months after the airline's operational meltdown, with promoter and MD Rahul Bhatia set to lead as interim chief

SAT upholds Sebi order against Sahara group firm in ₹14,106 crore OFCD case

In an order dated March 9, a three-member SAT bench ruled that the OFCDs issued by SICCL between 1998 and 2008 constituted a public offer, bringing them within Sebi's regulatory jurisdiction

TVS Supply Chain strengthens Caterpillar's global network from India

TVS Supply Chain Solutions sets up a 40,000 sq ft warehouse near Chennai to support Caterpillar's global supply chain, enabling multi-country sourcing and faster logistics operations

Reliance boosts LPG production at Jamnagar to stabilise domestic supply

Reliance Industries is taking proactive steps and in line with the government guidelines, the company said in a statement