Company News

JSW's new energy vehicle bet hinges on technology and battery tie-ups

Having tied up with a Chinese company to produce cars, can JSW snag another such deal to make lithium-ion batteries?

Don't even know where LIC's office is, says Rajesh Exports chief

The stock of Rajesh Exports Ltd has tumbled over 14 per cent since June 3, and hit a new lower circuit limit of Rs 94.50 on Monday

Tata Trusts board skips thorny issues as key decisions remain pending

Tata Trusts confined discussions to routine matters, deferring decisions on N Chandrasekaran's tenure and Tata Sons' potential listing amid legal challenges

Rapido has 25% of cab drivers, 35-40% of market: Co-founder Aravind Sanka

Rapido says it has captured up to 40% of India's cab ride market, onboarded 500,000 drivers and plans expansion into e-rickshaws and more cities

Teachers raise questions about their changing role at PhysicsWallah

As PhysicsWallah scales rapidly, some mentors say academic roles are increasingly tied to student retention and renewals, a claim the company disputes

BMW Group India to hike prices by up to 2% across portfolios from July 1

BMW Group India will raise prices by up to 2% across BMW and MINI models from July 1, citing rupee depreciation and higher logistics costs

Vedanta's Zambia copper unit faces going-concern warning in SEC filing

CopperTech Metals, preparing for a US listing, said Konkola Copper Mines will require continued financial support from Vedanta to sustain operations and fund expansion plans

Court orders probe into alleged illegal fly ash dumping by Vedanta unit

Jharsuguda court directs police to register an FIR and investigate allegations of unauthorised fly ash dumping near the Bheden river by Vedanta Aluminium.

TCS sets up dedicated business unit for AI-native GCC operations

The new Global Value & Innovation Centres unit will help enterprises set up AI-native GCCs and transform existing centres into innovation- and value-driven operations

Grasim to invest ₹3,094 cr to expand Lyocell capacity in Karnataka

It will support Grasim to participate in the growing global demand for sustainable and high-performance textile materials

Bank of India launches Mumbai hub for partnership-led financing businesses

The Strategic Business Branch will house co-lending, pool buyouts, TReDS and supply chain finance operations under one roof to improve efficiency and risk oversight

Kumar Shanker takes charge as managing director of Indraprastha Gas

Former Maharashtra Natural Gas chief succeeds Kamal Kishore Chatiwal and brings more than three decades of experience across the oil and gas value chain

Household PNG needs to be cheaper to accelerate adoption: Former IGL chief

IGL's former Managing Director Kamal Kishore Chatiwal says a larger cost advantage over LPG and lower APM gas prices could accelerate household PNG adoption as India seeks to reduce import dependence

BPCL to shut crude units at Mumbai refinery in September, says report

BPCL plans to shut a 120,000 bpd crude unit and secondary units at its Mumbai refinery for routine maintenance in September-October

Vedanta rebrands copper, nickel businesses as Vedanta Copper, Nickel

Vedanta Nico, renamed as Vedanta Nickel, will sharpen its focus on building a domestic nickel ecosystem and supporting the country's demand for critical minerals

Refex Mobility crosses ₹100 cr revenue mark, posts 2.5x growth in FY26

Refex Mobility crossed ₹100 crore revenue in FY26, driven by rapid EV fleet expansion, enterprise demand and growth in app-based cab rentals

TCS signs deal to modernise Canada Life's IT infra services across Europe

The agreement will see TCS modernise and manage Canada Life's IT infrastructure across its European businesses, leveraging AI and digital capabilities to improve resilience and automation

BEML bets on India's rail, defence boom, targets ₹31,000 cr orders

The state-owned earthmoving equipment, railway rakes, and wagon maker expects diversification across defence and mining businesses to support growth

Adani Ports bags 10-year contract for Argentina's first LNG export project

Contract has been awarded to APSEZ's step-down subsidiary, Adani Harbour International FZCO, through a consortium with Argentina-based Meridian Group

Enterprise AI adoption low due to high token usage, low RoI: Cognizant CEO

Cognizant CEO Ravi Kumar says excessive AI token spending without clear business outcomes is widening the gap between AI capabilities and enterprise adoption