Company News

Ceigall India's joint venture CIL-SAM bags ₹918 cr order from Jaipur Metro

The ten stations to be constructed under the package are Prahladpura, Manpura, Bilwa Kalan, Bilwa, Goner Mod, Sitapura, JECC, Kumbha Marg, Haldighati Gate, and Pinjrapole Gaushala

Shortage of competition in Indian market to support Unilever's growth: CEO

The British multinational consumer goods maker "sees opportunities coming from the constraints in supply in the global market" even as its multipolar supply chain remains resilient

SIS targets ₹20,000 crore revenue in FY27, eyes 500,000 workforce by 2030

SIS, which reported a 21 per cent increase in revenue to Rs 16,030 crore in FY26, expects growth momentum to sustain on the back of new client additions

Radisson aims 160 hotels, 19,500 keys in India by 2026-end: South Asia MD

The global hospitality chain operates 142 hotels in India and has 84 more under development, reflecting a strong pipeline towards medium-term visibility

Maruti Suzuki India starts FY27 with increase in market share to 42%

According to industry estimates, the company, which posted a record domestic sales of 1,91,122 units in April, gained nearly 3 percentage points in market share the month

Latest RBI rules for shadow lenders may put Tata Sons IPO on radar

The Reserve Bank of India this week said shadow lenders that are accepting money from associates and group entities will be counted as having indirect access to public funds

CDSL Q4 FY26 results: Net profit falls to ₹80 crore, income rises

Total income during the quarter was ₹268 crore as against ₹256 crore in the same quarter of FY25, a company statement said

TVS Motor reports 7% growth in total sales at 473,970 units in April

Total two-wheeler sales grew 6 per cent at 455,333 units last month as against 430,150 units in April 2025, TVS Motor Company said in a statement

Centre allows force majeure relief for govt contracts amid West Asia crisis

Measure allows deadline extensions of up to four months without penalties for firms hit by supply disruptions, subject to case-by-case approval and only if they were not in default before February 27

AGR relief eases Vodafone Idea pressure, spectrum debt concerns remain

Reduction in AGR dues may improve Vodafone Idea's ability to raise funds, but rising spectrum payment obligations from FY27 remain a key concern for analysts

Adani Group unveils restructuring to speed up decisions, drive growth

The Adani Group will introduce a three-layer organizational structure with fewer decision-makers, and have greater focus on liquidity and access to capital

RBI should direct Tata Sons to list by March 2027: InGovern Research

It also requested the RBI to issue a definitive public order rejecting Tata Sons' application for de-registration as a core investment company that was filed to avoid a public listing

RuPay tailwind drives fintech push for co-branded credit cards on UPI

Fintech companies ramp up RuPay-linked credit cards to tap UPI-driven usage, boost transaction volumes, and expand reach among new-to-credit customers

Ola Electric's April enrolment up 20% despite dip in 2W EV market

Company bucks 22% industry decline in April with strong MoM growth, driven by improving operations, customer confidence and rising demand for its expanding EV portfolio

Tata Play GST demand stay shows tighter scrutiny of profiteering claims

High Court stays GSTAT order directing Tata Play to deposit Rs 450 crore, with experts saying ruling could tighten scrutiny of anti-profiteering assessments

'Over the moon excited' by India's growth, says Apple CEO Tim Cook

Apple bets big on India's rising middle class as strong iPhone sales and exports make the country a key growth and manufacturing hub

Vedanta eyes three critical minerals, weighs rare earth magnet foray

Vedanta plans to add three critical minerals in five years and is evaluating rare earth magnet manufacturing as it deepens its play in India's strategic minerals ecosystem

Motorcycle maker Royal Enfield sales rise 31% to 113,164 units in April

Domestic sales were at 104,129 units as against 76,002 units in April 2025, up 37 per cent, Royal Enfield, a part of Eicher Motors group, said

Coal India's production falls 9.7% in April amid rising power demand

With peak summer demand pushing power consumption to record highs, the production shortfall could strain supplies to thermal plants and industries, potentially leading to higher imported coal costs

Ola Electric delivers 20% MoM growth in April, continues recovery momentum

The company said its electric motorcycle portfolio has also seen encouraging traction, especially in large motorcycle markets such as Uttar Pradesh, Bihar, and Madhya Pradesh