Companies

British defence giant Rolls-Royce on Thursday announced a mega plan to scale-up its business in India across vital sectors of defence and energy, including co-development of a next-generation combat jet engine. The announcement came a day after the company's CEO Tufan Erginbilgic met Prime Minister Narendra Modi. Under the ambitious initiative, Rolls Royce is looking at more than doubling the size of the its workforce to approximately 10,000 people in India and a 10-fold increase in local supply chain sourcing with a long-term goal to build on its decades-old presence in the country. "As we grow our participation in programmes across India's defence, aviation and energy sectors, we will expand our ecosystem in India, as we have done successfully in other countries," Erginbilgic said. The leading aero-engine maker has already been working on making India its third "home market" outside of the UK in line with a plan to unlock the full potential of opportunities across an array of ...

At 13.1%, fixed asset creation by leading listed firms hit six-year high in H1FY26

JM Financial Ltd has reported a 50 per cent jump in its consolidated profit after tax of Rs 313 crore for the third quarter ended December 2025, driven by strong performance in its corporate advisory, capital markets and private business segments. The company had posted a profit after tax (PAT) of Rs 209 crore in the same period of the last year, the Mumbai-based company said in a regulatory filing on Thursday. For the nine months ended December 2025, JM Financial's PAT jumped 69 per cent year-on-year to Rs 1,037 crore, it added. Fees and commission income increased by 32 per cent to Rs 306 crore, while operating PAT rose 17 per cent to Rs 244 crore. Its consolidated net worth stood at Rs 10,418 crore, up 17 per cent. Vishal Kampani, Vice Chairman and Managing Director, JM Financial Ltd, said the company crossed Rs 1,000 crore in PAT during the first nine months, with strong execution of strategies across businesses. "Private Markets, which provides a natural hedge to volatility i

StarAgri has remained profitable since inception, while its non-performing assets continue to remain below 1 per cent, reflecting disciplined risk management and balance sheet strength

The fabless semiconductor start-up plans to expand its engineering team and develop integrated chips for industrial IoT, automotive and medical devices

Revenue for the quarter grew 8.3 per cent to Rs 14,393 crore. On a quarter-on-quarter basis, revenue was up 2.8 per cent

Consumer Affairs Minister Pralhad Joshi says firms are innovating on dark patterns, prompting daily complaints; he cites NCH refunds and CCPA actions in 2025

Bengaluru-based PlasmaGen Biosciences raised ₹150 cr in a minority equity round led by ViNS Bioproducts at a valuation of over ₹1,500 cr to scale international operations

The JV plans to commercialise 18 semiochemical and pheromone technologies developed by ATGC Biotech in multiple international markets, including Israel, Brazil, Australia and countries in Africa

Eyes listing on insurance arms, focus NRIs through GIFT City, pension funds biz post Allianz exit

SKF India Industrial expects revenue to scale to about ₹4,500 crore in five years, with margins improving post-2028 as a Pune plant-led capex cycle is completed and efficiency rises

Marvell's India country head on how India has become the company's second-largest R&D hub, contributing to 90% of product lines and driving custom silicon for AI infrastructure

Apple has named former Microsoft and Google executive Amar Subramanya as vice president of AI, reporting to Craig Federighi, as John Giannandrea steps down and moves into an adviser role

SAVWIPL has crossed two million locally built vehicles, powered by strong sales, an India-focused platform strategy and rising exports across global markets

IPO-bound Meesho has swung to positive free cash flow in FY25, with analysts crediting its no-inventory, no-logistics, asset-light model for driving margins, capital efficiency and rapid scale

The retailer will open its second Bengaluru store at Puravankara's upcoming Kanakapura Road project, set to be handed over in early 2026

Haldiram Group is in talks with US-based Inspire Brands to launch the Jimmy John's sandwich chain in India, marking its entry into the western-style QSR space to compete with global brands

After seven years with the Flipkart Group, including four at Myntra, CFO Abhishek Gupta to pursue new career opportunities, according to the sources

The Flipkart-backed logistics firm will use proceeds to expand infrastructure and branding after processing over 436 million orders in FY25

Strong growth in Uber Courier and Courier XL fuels expansion plans into 10 more cities next year, highlighting India's rising appetite for on-demand delivery