Company News

'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

Delhi HC stay on Tata Play GST order flags 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

Govt AGR relief to Vi positive; focus shifts to spectrum debt overhang

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

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

Ola Electric April registrations rise 20% despite EV market decline

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

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

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

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

EisnerAmper looks to expand headcount of GCC operation by 10% in 3 years

The firm recently opened its second Mumbai office and has committed over $5 million over the next three to five years toward office space in the city, in addition to its existing investments

Hyundai Motor India domestic sales up 17% at 51,902 units in April

Domestic sales in April this year were the highest ever for the month since inception, Hyundai Motor India Ltd said in a statement

Class action suit against Jindal Poly Films to be heard by Principal Bench

NCLT Special Bench adjourns hearing, citing jurisdiction; Sebi seeks time for rejoinder as minority shareholders move intervention applications

Cognizant may cut 7,000-15,000 jobs as part of its Project Leap programme

Cognizant may cut up to 15,000 jobs as it pivots to an AI-led model, reflecting deeper shifts in IT services economics and weakening demand

Vi's AGR dues slashed by 27% to ₹64,046 crore after DoT reassessment

DoT committee finalises AGR reassessment, with most dues to be paid in instalments between FY36 and FY41, extending relief to the financially stressed telecom operator