Company News

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

Ravi K assumes charge as CMD of HAL, succeeds DK Sunil at aerospace PSU

Ravi brings over 30 years of experience across various sectors such as A&D, manufacturing and electronics, Hindustan Aeronautics Limited (HAL) said in a release

Renault India domestic sales more than double to 5,413 units in April

The newly launched Renault Duster has received a strong market response, with demand picking up in the very first week of the commencement of deliveries in the latter part of April

Tata Motors Passenger Vehicles sales rise 31.12% to 59,701 units in April

Passenger vehicle sales in the domestic market stood at 59,000 units last month as against 45,199 units in the year-ago period, a growth of 30.5 per cent, Tata Motors Passenger Vehicles Ltd said

Tata Motors commercial vehicle sales rise 28% to 34,833 units in April

Domestic sales were up 27.9 per cent at 32,965 units last month as compared to 25,764 units in April 2025

Mahindra & Mahindra total vehicle sales rise 14% to 94,627 units in April

Domestic passenger vehicle sales last month stood at 56,331 units as against 52,330 units in April 2025, up 8 per cent, Mahindra & Mahindra said

Govt sector, BFSI, and pharma key business drivers, says Qlik India MD

Banking and financial services have been early adopters of technology, and they were the first ones to build data warehouses and data lakes, said Qlik India MD Varun Babbar