Company News

Adani firms report record $16 bn capex, all-time high Ebitda in FY26

Consolidated EBITDA rose 5.6 per cent year-on-year, according to the group's annual results and credit compendium released on Tuesday

ED carries out searches against Vedanta Group as part of Fema probe

The searches are part of a Foreign Exchange Management Act (Fema) violation investigation

50% music streaming users face subscription traps, hidden charges: Survey

Nearly two-thirds of Indian users of music streaming platforms have frequently faced manipulative subscription practices designed to discourage cancellations, a survey by LocalCircles found

Ceat bets on CAMSO to drive next phase of off-highway tyre growth

The tyre maker expects tracks and developed markets such as North America and Europe to power growth as access to additional CAMSO categories expands

Transrail bags new orders worth ₹575 crore across T&D, pole businesses

As of March 31, the company's unexecuted order book (including L1 or Lowest Bidder position) stood at ₹16,361 crore, up 12 per cent year-on-year

Bank fraud case: Ex-RCom executive lodged in Arthur Road Jail after arrest

A Mumbai court allowed the CBI to arrest Jhunjhunwala, who was in judicial custody in New Delhi in a related money laundering case being probed by the Enforcement Directorate

HUL inaugurates AI-powered fragrance hub to accelerate product innovation

The new Unilever Fragrance Hub in Mumbai combines consumer insights, science, and AI to accelerate fragrance innovation and strengthen India's role as a global R&D centre

L&T assesses opportunities in coal gasification amid energy transition

L&T says coal gasification aligns with its energy-transition strategy and will be evaluated selectively amid the government's push for cleaner use of domestic coal

Anant Raj to invest ₹20,000 crore in Haryana data centre expansion

Realty developer Anant Raj has signed an MoU with the Haryana government to invest Rs 20,000 crore in data centre infrastructure and create about 6,000 jobs

Black Box and AIONOS collaborate to accelerate enterprise AI adoption

Black Box and AIONOS partner to accelerate enterprise AI transformation by combining digital infrastructure with AI platforms for global-scale deployment

Wipro raises stake in insurance tech firm Aggne to 80% for $28.5 million

The additional investment in the insurance technology firm is expected to strengthen Wipro's AI- and IP-led transformation capabilities in the property and casualty segment

Wockhardt eyes $1.5 bn peak sales from Zaynich, targets US launch by yr-end

Novel antibiotic to be launched in India around the same time; company to commercialise product on its own in US

Maruti's mini-car sales up 147% in April-May on easing constraints

Maruti Suzuki reports a sharp rebound in mini-car sales as production constraints ease, while rising fuel prices drive stronger demand for CNG-powered vehicles

Mobis India fire: Hyundai Motor, Kia production may be hit briefly

A fire at Mobis India's Chennai-area facility may disrupt Hyundai and Kia production for at least a week, prompting efforts to source components from South Korea

Zee partners FIFA to broadcast 39 global football events in India till 2034

Zee Entertainment secures FIFA media rights in India until 2034, covering 39 global football events, including the FIFA World Cups and Women's World Cup

Amazon Data Services India buys 10.6 acres of land in MMR for ₹125 cr

Amazon Data Services India has acquired 10.6 acres in Palava, Thane, from Lodha Developers for Rs 125.13 crore as it expands its data centre presence in the Mumbai region

Cars24 launches AI Labs, commits $20 mn to back AI startups and founders

Auto-tech platform Cars24 launches AI Labs to build AI-first products and support founders through funding, mentorship and partnerships with OpenAI, AWS and ElevenLabs

Suzlon Group appoints Ashok Ramchandran as President of India business

His appointment comes at a very crucial time as Suzlon accelerates its transition towards becoming a wind-first full-stack renewable energy company

Honda Motorcycle and Scooter India sales rise 12% to 518,000 units in May

Exports for May 2026 jumped 23.62 per cent to 59,166 units against 47,859 units in the corresponding month last year

Coal India's production falls 11.6% in May despite record power demand

CIL's subsidiaries whose production declined during May include Mahanadi Coalfields Ltd (MCL), Western Coalfields Ltd (WCL), Bharat Coking Coal Ltd (BCCL) and Eastern Coalfields Ltd (ECL)