Company News

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

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

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

RIL to maximise LPG output, divert KG-D6 gas to priority sectors

Reliance Industries says it will maximise LPG output at its Jamnagar refinery complex and divert KG-D6 basin gas to priority sectors to support stable domestic fuel supplies

VinFast launches 'Trade Gas for Electric' programme amid fuel volatility

Vingroup's VinFast offers extra discounts on electric cars and scooters for customers switching from gasoline vehicles, while cutting fares on its Xanh SM mobility platform

IBBI pushes transparency as CoC decisions in bankruptcy cases draw scrutiny

Recent proposals by the insolvency regulator aim to increase transparency and accountability in the Committee of Creditors' decisions after the Supreme Court flagged gaps in the IBC process

Renault puts India at centre of futuREady plan; four models by 2030

Renault names India a key global production and growth hub in its futuREady strategy, with plans to launch four new models in the country by 2030 as part of a global rollout of 36 vehicles

VECV names B Srinivas MD; Vinod Aggarwal to take over as chairman

VE Commercial Vehicles appoints B Srinivas as managing director and CEO from April 1, while Vinod Aggarwal transitions to chairman after leading the company for nearly two decades

Happiest Minds Technologies revises FY27 revenue growth guidance to 12.5%

Happiest Minds raises FY27 revenue growth guidance to 12.5 per cent from 10 per cent, citing strong momentum from its AI-First strategy and growing demand across key sectors

Hindustan Zinc signs MoU with CMR Green to set up zinc alloy unit

The manufacturing facility will be set up at Zinc Park in Rajasthan and will produce zinc alloys used in sectors such as automotive, infrastructure, die-casting and consumer goods