Company News

Flipkart elevates senior executives ahead of potential IPO launch

Walmart-owned e-commerce firm strengthens leadership bench to support next phase of growth and scale

ED raids Raheja Developers in money laundering case over fraud with buyers

The searches are being conducted in the matter of alleged fraud with the home buyers and non delivery of flats in its project Raheja Revanta, as per the officials

Lodha Developers targets 17% pre-sales growth in FY27 at ₹24,000 crore

During the full 2025-26 fiscal, the company's sales bookings rose 16 per cent to ₹20,530 crore from ₹17,630 crore in the preceding year

Stellantis India hits 50,000 vehicle milestone at TN manufacturing unit

Stellantis India marks the rollout of its 50,000th vehicle from the Thiruvallur plant, underlining India's role in global manufacturing, exports, and engineering excellence

Mercedes-Benz's India demand holds pace despite supply snags: Santosh Iyer

Mercedes-Benz India sees steady demand despite West Asia disruptions, but flags rising costs and supply delays that may push car prices higher

RBI cancels Paytm Payments Bank licence; cites governance lapses

Regulator cites governance concerns; says bank has sufficient liquidity to repay all deposits upon winding up and will approach High Court

Jio Platforms is moving 'steadily' towards IPO, says Mukesh Ambani

Jio Platforms net profit up 13% to ₹7,935 crore in Q4

SMFG infuses ₹1,075 crore into India NBFC arm to drive next phase

Capital infusion via rights issue to strengthen balance sheet and support digital-led expansion and risk management at SMFG India Credit

IndusInd Bank strengthens board, appoints 2 WTDs, 2 independent directors

IndusInd Bank strengthens its board with key executive and independent director appointments after leadership changes triggered by last year's accounting lapse

SBI General's FY26 profit rises 8.7% to ₹553 crore on premium growth

SBI General Insurance reports modest profit growth in FY26, supported by higher premiums, improved loss ratio, and gains in market share

IKS eyes US healthcare growth with TruBridge deal, targets AI synergies

IKS Health's proposed TruBridge acquisition aims to integrate EHR and workflow tools, drive cost efficiencies, and unlock AI-led gains in the US healthcare market

Shortage of memory chips likely to continue till 2027-end: Asus Co-CEO

While memory chip shortage has hit sales in markets across the globe, the Indian market has been resilient so far, said Asus global Co-Chief Executive Officer Samson Hu

CropLife India seeks 5-year data protection in Pesticides Management Bill

The organisation warned that its absence discourages companies from introducing newer and safer crop protection technologies in India

63SATS Cybertech partners with PDA to build cyber defence platform

Both 63SATS and PDA will provide clients with complete protection across the entire risk lifecycle: prevention, detection, response, regulatory compliance, legal defence and recovery

Parminder Singh named CEO of Reliance-Meta AI joint venture REIL

Reliance-Meta AI joint venture REIL names Parminder Singh as CEO to drive enterprise AI capabilities, backed by Meta's technology and Reliance's infrastructure and reach

Top 5 IT cos' net hiring down for FY26; uncertainties to continue

Top IT firms see net hiring decline in FY26 as AI-led shifts, weak demand, and global uncertainties slow recruitment and dampen fresher hiring outlook

Classic Legends reroutes exports to Europe amid US uncertainties

Classic Legends shifts export focus to Europe and other markets while turning profitable, navigating US uncertainty and supply chain disruptions

Google to set ball rolling for $10 billion Vizag AI data centre next week

Google is set to begin work on its $10 billion hyperscale data centre in Visakhapatnam, marking a major FDI push and advancing Andhra Pradesh's 'AI City Vizag' plans

M&M patent portfolio grows 20-fold over decade on strong R&D push

Mahindra & Mahindra's patent portfolio has expanded sharply over the past decade, with granted patents rising over 20-fold, reflecting a stronger focus on R&D and innovation

India builds China-light Apple supply chain, overtakes Vietnam in suppliers

Supplier base 3x, tops Vietnam; China share below 10%