Company News

Corporate India sheds zombie firms as debt-servicing capacity improves: D&B

Dun & Bradstreet study shows the share of zombie firms fell to 5.5% in 2025 from 8.1% in 2017, signalling stronger corporate debt-servicing capacity

Total recall: Behind the Tata Trusts vs Tata Sons row and boardroom battle

The boardroom battle in India's top industrial conglomerate leaves a trail of unanswered questions

Axis Bank plans 12,500 campus hires, redeploys staff amid AI push

The bank plans to hire around 12,000-12,500 people from campuses in FY27, compared with 11,500-11,600 in FY26

Jakson Green eyes 12.5 GW operational renewable projects in two years

The company is targeting 30 GW of renewable IPP and EPC capacity by 2030 while expanding into green hydrogen, ammonia, battery storage and other energy-transition businesses

Capacity scale-ups to drive Epigral's ₹5,000 crore target by FY31: CMD

The company expects to reach ₹2,900 crore in revenue this fiscal year following revenue of ₹2,500-2,530 crore in 2026

ITC expands dairy business in East India, bets on value-added products

As part of its expansion strategy, ITC has tailored its dairy portfolio to regional tastes, local consumption patterns and evolving consumer preference for quality-assured dairy products

Petronet to pay 1% of profit as commission to its directors for 5 years

The proposal, contained in the notice for the company's forthcoming general meeting, seeks approval for distribution of a sum not exceeding 1 per cent per annum of profits

Tata Motors PV eyes 15% market share soon, targets 20% by FY31: MD

Tata Motors Passenger Vehicles expects to cross 15% domestic market share soon and reach 20% by FY31, backed by new products, faster refreshes and wider powertrain offerings

Prestige Estates shelves ₹2,700 cr hotel biz IPO amid market uncertainty

Prestige Hospitality Ventures had filed a DRHP with Sebi in April 2025 to raise up to ₹2,700 crore; the company may consider a fresh filing if market conditions improve

Zee seeks action against Reliance-Disney's JioStar over copyright breach

Zee has alleged JioStar continued using its music and songs despite a Delhi High Court injunction, escalating the copyright dispute between the companies

Tata Steel, Dutch govt extend joint letter of intent for decarbonisation

The five-month extension gives Tata Steel and Dutch authorities more time to address outstanding issues and work towards an integrated health and decarbonisation project

Microsoft abandons personal AI chatbot race with Copilot reboot

It allows users to edit Word or Excel documents within a Copilot app or browser tab, addressing a common gripe that Microsoft's assistant had only limited reach into its own productivity software

After Bengaluru, Rapido's food delivery app Ownly expands to Hyderabad

Ownly operates on a zero-commission model, charging restaurants a subscription fee instead, and currently partners with more than 20,000 restaurants

Dr Lal PathLabs expands advanced diagnostics portfolio with genomics buy

The ₹168 crore acquisition of a 70 per cent stake in SN Genelab is expected to strengthen Dr Lal's genomics expertise and broaden its advanced diagnostics portfolio

EaseMyTrip rolls out electric buses in Bhopal, targets 5,000 units a year

Easy Green Mobility plans to build annual manufacturing capacity of 5,000 electric buses within five years as EaseMyTrip expands its presence in clean mobility

IIFL Home Finance signs $150 mn JICA loan to boost affordable housing

The financing will support home purchases by women from economically weaker sections and low-income groups in urban and peri-urban areas across India

Decathlon sees strong growth, eyes ₹1,000 cr running sports biz in 4 yrs

Decathlon Sports India, which reported revenue of Rs 4,133.10 crore in FY25, is investing 100 million euros in building and strengthening its manufacturing ecosystem in India.

NCLT clears Sesa Care-Dabur India merger, paving way for integration

The tribunal's approval clears a key step in the transaction announced in October 2024, with Dabur looking to expand Sesa Care using its distribution network

PC Jeweller says it's debt-free, cleared dues of all 14 consortium banks

In a regulatory filing, PC Jeweller informed that the company has "successfully discharged the remaining outstanding debt of the banks and has achieved its financial objective of a debt-free status".

Ather Energy plans aggressive push into overseas markets: CBO Phokela

However, the company will prioritise the domestic market amid the current demand-supply situation, CBO Ravneet S Phokela added.