Company News
Pine Labs pumps nearly ₹25 crore into subsidiary to fund expansion plans
The rights issue investment will help Synergistic Financial Networks meet working capital requirements and support its future expansion plans
 "Pine Labs pumps nearly ₹25 crore into subsidiary to fund expansion plans")
Musical chairs? Axis Bank, Bandhan Bank CFOs quit within an hour
Back-to-back CFO resignations at Axis and Bandhan Bank fuel speculation of a leadership reshuffle, with Puneet Sharma tipped for HDFC Bank's top finance role
 "Musical chairs? Axis Bank, Bandhan Bank CFOs quit within an hour")
HAL milestone shows why India must build its own fighter aircraft engine
HAL delivers its 1,000th overhauled AL-31FP engine for the IAF, highlighting India's growing aero-engine MRO capability amid delays in GE F414 engine negotiations
 "HAL milestone shows why India must build its own fighter aircraft engine")
Tata Motors eyes global top-four CV spot as Iveco acquisition advances
Chairman N Chandrasekaran says the combined Tata Motors-Iveco business could lift annual revenue to $35-40 billion in five years, boosting global scale and technology
 "Tata Motors eyes global top-four CV spot as Iveco acquisition advances")
Apple accuses CCI of 'copy-pasting' rivals' claims in antitrust probe
The iPhone maker has asked India's competition watchdog to set aside an investigation report that found it engaged in abusive conduct, alleging investigators relied heavily on complaints from rivals
 "Apple accuses CCI of 'copy-pasting' rivals' claims in antitrust probe")
Kotak Mahindra Bank's shares tumble over 3% on CEO Ashok Vaswani's exit
Stock declines over 3% after Ashok Vaswani says he will step down in December, with brokerages warning leadership succession uncertainty could weigh on sentiment
 "Kotak Mahindra Bank's shares tumble over 3% on CEO Ashok Vaswani's exit")
Prosus' India revenue up 13%; PayU turns profitable, Swiggy offsets gains
Dutch technology investor reports $781 million India revenue in FY26 as PayU posts positive adjusted Ebitda for the first time, while Swiggy's quick-commerce investments weigh on profits
 "Prosus' India revenue up 13%; PayU turns profitable, Swiggy offsets gains")
Comcast plans to split into two firms by spinning off NBCUniversal, Sky
Comcast, based in Philadelphia, will continue providing internet services to residential and business customers
 "Comcast plans to split into two firms by spinning off NBCUniversal, Sky")
Samsung, SK Hynix back South Korea's $576 billion AI-chip investment plan
Samsung and SK Hynix will invest $517.87 billion with suppliers to build two new chip fabrication sites
 "Samsung, SK Hynix back South Korea's $576 billion AI-chip investment plan")
Axis Bank FY26 attrition rate down to 22.4%; employee count drops 3%
The lender hired more than 31,000 employees during FY26 and expanded its branch network, while reducing attrition and stepping up investments in AI and workforce productivity
 "Axis Bank FY26 attrition rate down to 22.4%; employee count drops 3%")
Yes Bank gets board nod to raise ₹16,000 crore through equity and debt
Yes Bank said the fundraising would not result in more than 10% dilution of existing shareholders' stake
 "Yes Bank gets board nod to raise ₹16,000 crore through equity and debt")
WhatsApp begins username reservations, feature to roll out later this year
The messaging platform will let users reserve unique usernames that can be shared instead of phone numbers, with the feature becoming available later this year
 "WhatsApp begins username reservations, feature to roll out later this year")
Ola entities renew lease for 430,000 sq ft office space in Bengaluru
Ola Electric Technologies and ANI Technologies have renewed separate leases for 430,000 sq ft at Bengaluru's Prestige RMZ Star Tech campus with a combined rental of Rs 281.11 crore
 "Ola entities renew lease for 430,000 sq ft office space in Bengaluru")
Sterling and Wilson Renewable Energy secures $560 mn solar project in Egypt
The company, in a joint venture with Hassan Allam Construction, will develop a 1,000 MW solar project with a 600 MWh battery energy storage system in Egypt
 "Sterling and Wilson Renewable Energy secures $560 mn solar project in Egypt")
Zerodha plans foray into investment banking, seeks Sebi registration
Zerodha has applied for a Category 1 merchant banking licence from Sebi, marking its entry into IPOs and corporate finance as it diversifies beyond broking
 "Zerodha plans foray into investment banking, seeks Sebi registration")
Bandhan Bank CFO Rajeev Mantri resigns, to step down on September 25
In a regulatory filing, the lender said Mantri submitted his resignation in a letter dated June 29, 2026, to pursue another opportunity for career growth
 "Bandhan Bank CFO Rajeev Mantri resigns, to step down on September 25")
SBI raises $300 mn via 3-year dollar bonds at SOFR plus 100 basis points
The country's largest lender becomes the latest Indian issuer to tap overseas debt markets under the RBI's concessional swap window with a $300 million bond issue
 "SBI raises $300 mn via 3-year dollar bonds at SOFR plus 100 basis points")
Axis Bank CFO Puneet Sharma quits after six years; no successor announced
In a regulatory filing, the private sector lender said Sharma submitted his resignation on June 28 to pursue the next phase of his professional career
 "Axis Bank CFO Puneet Sharma quits after six years; no successor announced")
TVS Motor looking ahead with 'measured optimism': CMD Sudarshan Venu
"The road ahead is unpredictable, complex and exciting," he said
 "TVS Motor looking ahead with 'measured optimism': CMD Sudarshan Venu")
Serentica Renewables to invest ₹1 trillion in Rajasthan renewable projects
KKR-backed Serentica Renewables plans to invest Rs 1 trillion in Rajasthan as it expands its solar and battery storage portfolio to support industrial decarbonisation
 "Serentica Renewables to invest ₹1 trillion in Rajasthan renewable projects")