Company News

RBI ends suspense, asks Tata Sons to go in for immediate public listing

The central bank on Sep 11, 2026, rejected Tata Sons' application for exemption from the core investment company category, making a public listing mandatory amid leadership turbulence at the group

Zudio crosses 1,000-store milestone in 10 yrs, expands to 300 cities

The value-fashion chain, launched in 2016, has served more than 100 million customers over the past decade as Trent rapidly expands its retail footprint across India

Q-com platform Zomato levies additional ₹5 fee on cash on delivery orders

Social media users have reported the cash-on-delivery fee going up to ₹20 in some locations, adding another charge for customers who choose to pay for their food orders in cash

Drydocks World, Cochin Shipyard form 50:50 JV for ship repair facility

The joint venture will operate, consolidate and expand Kochi's International Ship Repair Facility, adding capacity for Indian, regional and international vessel customers

States should not put a price cap on EV road tax benefit: BMW India CEO

BMW India chief Hardeep Singh Brar says price-based caps on EV road-tax benefits could push luxury-car buyers to neighbouring states and weaken the clean-vehicle transition

Bank of India raised $2.4 bn FCNR-B deposits, Indian Bank $2.3 bn

The state-owned lenders are using cheaper foreign-currency funding to meet rupee liquidity needs, extend loans and reduce dependence on high-cost deposits and borrowings

Distribution expansion, new products to drive HDFC AMC's growth

HDFC AMC is betting on wider distribution, new products and alternative investments to drive AUM growth, even as higher costs and margin pressure weigh on performance

Coforge NRC chair resigns citing differences, tension between directors

The IT services firm, however, refuted Singh's claims as "unfounded" and an "afterthought", saying his resignation followed an internal audit review that flagged governance lapses

OMCs' margins to be under pressure with crude above $100 per barrel: Report

Equirus Securities sees HPCL as the most vulnerable among major oil marketers, while BPCL is relatively better placed due to stronger integration and distillate yields

Flipkart's Super.money bets on AI agents to take on bigger rivals

The fintech has begun rolling out its consumer agents and plans to cover all of its customer base in the next two months, Chief Executive Officer Prakash Sikaria said

Chairman OP Bhatt hid audit findings from board members, says Coforge

The IT services firm said reports were available only to OP Bhatt and NRC chair DK Singh, while the chairman's lowest rating was not disclosed or discussed with the full board

SBI to complete software, hardware deployment for DPDP compliance by Dec

SBI has procured software and hardware as part of its preparations for compliance with the DPDP framework, with installation and deployment expected to be completed by December

BMW India to hike prices again due to rupee depreciation, commodity costs

The auto maker has cumulatively hiked prices by up to 5 per cent for the BMW and MINI vehicle portfolios spread across three price revisions in 2026 till now in India.

HSBC's Anita Mishra to move to London; Hiren Sanghvi to head India markets

Hiren Sanghvi will replace her as head of markets and securities services in India

SBI to use UPI data to lend to small businesses without GST registration

India's largest lender is developing a solution that will use UPI transaction data as a proxy for sales to extend loans to small businesses outside the GST system

Fintech rules must match risks, not make firms resemble banks: RBI's Murmu

RBI Deputy Governor Shirish Chandra Murmu says regulation should address risks appropriately while allowing responsible innovation and experimentation to scale

Godrej Enterprises powers ISRO's successful EOS-05 satellite mission

Godrej Enterprises Group supplied Vikas engines, cryogenic engine nozzles and satellite thruster components that supported EOS-05's journey from lift-off to orbit

Tata Steel scaling up AI, connected workforce systems to boost safety

The company is using AI-enabled surveillance to detect unsafe acts and generate immediate alerts for supervisors, instead of relying only on common practices to monitor thousands of camera feeds.

Alembic Pharma clears USFDA inspection at Vadodara bioequivalence facility

Alembic Pharmaceuticals said the USFDA completed an unannounced inspection of its Vadodara bioequivalence facility with no Form 483 observations

Decathlon India's wholesale business grows 20-fold, adds 10% to revenue

High-altitude terrains across Jammu & Kashmir, Leh & Ladakh, Himachal Pradesh and the Northeast, contribute more than 40 per cent of total B2B revenues