Company News
Eli Lilly backs crackdown on fake Mounjaro in Gurugram, flags safety risks
Following the confiscation of counterfeit injections, pharmaceutical company Eli Lilly, the manufacturer of Mounjaro, reacted to the seizure
 "Eli Lilly backs crackdown on fake Mounjaro in Gurugram, flags safety risks")
Smartworks crosses 10 million sq ft operational portfolio milestone
Flexible workspace provider reaches key milestone as demand from enterprises and GCCs drives growth in large campuses, multi-city deployments and long-term contracts
 "Smartworks crosses 10 million sq ft operational portfolio milestone")
AI-led innovations to contribute 40% to revenue in 3-5 years: LEAD Group
The ed-tech firm expects AI-led products to power future growth, with tools like Ms Curie and Fluento driving personalised learning across schools in India
 "AI-led innovations to contribute 40% to revenue in 3-5 years: LEAD Group")
NavPrakriti to invest ₹100 crore in Odisha critical minerals facility
Battery recycling firm plans greenfield plant to extract cobalt, nickel and lithium, boosting domestic recovery of critical minerals and strengthening supply chains
 "NavPrakriti to invest ₹100 crore in Odisha critical minerals facility")
Oberoi Realty sees pronounced rise in Q4FY26 bookings at ₹1,673 crore
Oberoi Realty reported a 96 per cent rise in Q4 FY26 bookings to ₹1,673 crore, with strong growth in units sold and carpet area booked
 "Oberoi Realty sees pronounced rise in Q4FY26 bookings at ₹1,673 crore")
Why Lenskart faced backlash over dress code, and what has changed now
After online outrage over alleged grooming rules, the company apologises and rolls out a revised style guide addressing concerns around religious symbols
 "Why Lenskart faced backlash over dress code, and what has changed now")
Bhive ropes in Milind Soman as Brand Ambassador for fitness workspaces
Bhive has appointed Milind Soman as brand ambassador as it sharpens its focus on fitness-led workspaces and campus-style coworking models
 "Bhive ropes in Milind Soman as Brand Ambassador for fitness workspaces")
Maruti Suzuki fast-tracks production to clear backlog of 200K orders
R C Bhargava, Maruti Suzuki chairman, said production was likely to hit 500,000 cars in FY27
 "Maruti Suzuki fast-tracks production to clear backlog of 200K orders")
Maruti Suzuki retires Ignis; supply woes hit S-Presso and WagonR
Maruti Suzuki phases out Ignis amid weak demand, even as strong bookings and production constraints lead to supply shortages in Wagon R and S-Presso models
 "Maruti Suzuki retires Ignis; supply woes hit S-Presso and WagonR")
IBC clock stalls: Supreme Court flags NCLT's nearly two-year lag
Top court raises concerns over prolonged pendency of resolution plan approvals, asks NCLT and IBBI to furnish nationwide data on delays and backlog
 "IBC clock stalls: Supreme Court flags NCLT's nearly two-year lag")
Allana group, Captain Fresh join hands to open 4K retail stores in India
In the joint venture (JV) called Indian Retail Alliance Private Ltd (IRAPL), Allana group will hold 51 per cent, while Captain Fresh will have around 49 per cent stake
 "Allana group, Captain Fresh join hands to open 4K retail stores in India")
Vedanta sets May 1 as record date for long-awaited demerger plan
Vedanta moves ahead with restructuring plan to split into four independent listed entities, with shareholders to receive one share in each business
 "Vedanta sets May 1 as record date for long-awaited demerger plan")
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
 "RuPay tailwind drives fintech push for co-branded credit cards on UPI")
HPCL delays refinery inauguration after fire at Rajasthan project site
Massive fire near crude distillation unit at Balotra refinery site prompts postponement of PM Modi's visit; no casualties reported, probe underway
 "HPCL delays refinery inauguration after fire at Rajasthan project site")
Lilly backs regulatory action after fake Mounjaro seizure in Gurugram
Drugmaker highlights patient safety risks and pledges cooperation with authorities after seizure of suspected counterfeit Mounjaro products in Gurugram
 "Lilly backs regulatory action after fake Mounjaro seizure in Gurugram")
Vedanta revised JAL bid after learning evaluation standing: Lenders
Lenders allege Vedanta altered its JAL bid after accessing sensitive scoring details, raising concerns over fairness in the insolvency resolution process
 "Vedanta revised JAL bid after learning evaluation standing: Lenders")
PayU inFINity 3.0 cohort to co-create projects within Prosus ecosystem
Selected fintech startups under PayU's accelerator programme to access Prosus ecosystem, mentorship and grants to scale solutions focused on financial inclusion
 "PayU inFINity 3.0 cohort to co-create projects within Prosus ecosystem")
In uncertain times, travel platform Thomas Cook launches visa insurance
Thomas Cook India launches visa rejection insurance to protect travellers from non-refundable losses amid evolving global travel uncertainties
 "In uncertain times, travel platform Thomas Cook launches visa insurance")
Bhinder steps down as Aavas Financiers MD & CEO; Manu Singh to succeed
Aavas Financiers board accepts Bhinder's resignation and appoints Manu Yeshpal Singh as successor, with the transition subject to regulatory and shareholder approvals
 "Bhinder steps down as Aavas Financiers MD & CEO; Manu Singh to succeed")
Table Space adds 4.25 lakh sq ft workspace in Pune, Navi Mumbai for GCCs
Expansion across Pune and Navi Mumbai takes Table Space's Maharashtra footprint to 2.6 million sq ft as demand from global capability centres continues to rise
 "Table Space adds 4.25 lakh sq ft workspace in Pune, Navi Mumbai for GCCs")