Company News

Vedanta sets May 1 record date for demerger; investors to get four stocks

Vedanta moves ahead with restructuring plan to split into four independent listed entities, with shareholders to receive one share in each business

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

SC flags two-year delay in NCLT approvals, seeks nationwide insolvency data

Top court raises concerns over prolonged pendency of resolution plan approvals, asks NCLT and IBBI to furnish nationwide data on delays and backlog

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

Maruti discontinues Ignis amid SUV shift, small cars face supply crunch

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

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

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

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

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

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

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

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

Tissot launches official e-commerce platform in India, enters direct retail

Swiss watchmaker Tissot debuts its official online platform in India, aiming to deepen customer engagement and strengthen its digital presence in a fast-growing market

NDR InvIT to raise ₹726.8 crore via preferential issue to fund acquisitions

Funds to be used for asset acquisitions including NDR Space and capex needs, as InvIT looks to expand its warehousing and industrial parks portfolio across key markets

Understanding Trusts: What they are, how they work, and why they matter

As wealth becomes more complex, the trust structure is emerging as a vital tool for founders and families. Here's a simple breakdown of what they are, how they function, and why they matter

Jindal Stainless enters retail, expands into construction value chain

The move will allow the company to directly reach end-consumers, builders and fabricators, moving beyond its traditional B2B model.

'Samsung sees innovation, education as enabler of progress in India'

The company, which increased its CSR commitment in India to Rs 193.89 crore for 2025-26, from Rs 144.48 crore in 2024-25, has helped 15 lakh people benefit from Samsung India's citizenship programmes

Groww faces earnings test after stock surge makes it expensive brokerage

Groww is likely report net income doubled to ₹660 crore in the three months through March from a year earlier, according to analyst estimates

Bai Hirabai Trust to alter clauses on trustee eligibility: Tata Trusts

Move comes days after former trustee Mehli Mistry challenged the appointments of Venu Srinivasan and Vijay Singh to the Bai Hirabai Trust in a complaint to the Maharashtra Charity Commissioner

2 of 3 life trustees at Sir Ratan Tata Trust may need to step down

Immediate corrective action mandated to comply with rules