Company News

Bharti Airtel gain subscribers; Vodafone Idea continues to trail

Jio, on the other hand, continues to remain as the largest carrier and additions may not appear high due to the base effect

Noon emerges from stealth with $44 million for AI design tool

Startup backed by First Round Capital and executives from Stripe, OpenAI and Apple develops AI-driven design tool integrating code and workflows

Nalco posts record FY26 performance with 77 lakh tonnes bauxite evacuation

Nalco achieves record production and sales in FY26, with bauxite evacuation crossing 77 lakh tonnes and strong growth across alumina, aluminium and power operations

JLR Q4 sales rise 61% as production normalised after cyber attack

JLR, Britain's largest carmaker, is owned by Tata Motors Passenger Vehicles and makes up close to 80 per cent of the Indian automaker's revenue

Large state run banks see healthy loan growth in FY26, beat deposits

State-owned banks PNB and Central Bank of India report strong double-digit credit growth in FY26, with advances rising faster than deposits across lenders

ANI-OpenAI dispute: Delhi High Court reserves order in AI copyright case

The Delhi High Court has reserved its order in ANI's copyright case against OpenAI, which alleges its news articles were used to train ChatGPT without permission or payment

RBI clears Emirates NBD's $3 billion acquisition of up to 74% in RBL Bank

RBI approves Emirates NBD's plan to acquire up to 74% stake in RBL Bank for $3 billion, granting key regulatory relaxations and paving the way for the largest foreign bank investment

FMCG firm Emami to acquire remaining 73.5% stake in Axiom Ayurveda

Emami will acquire full control of Axiom Ayurveda in a phased deal exceeding Rs 300 crore, strengthening its presence in health, wellness and the fast-growing beverage segment

JioBlackRock CEO Marc Pilgrem to exit, Swapnil Bhaskar to take charge

Marc Pilgrem will step down from JioBlackRock Investment Advisers and return to BlackRock, with Swapnil Bhaskar set to take over as CEO as the venture expands its digital wealth platform

Bharti Airtel becomes second-largest telco globally with 650 mn users

Bharti Airtel strengthens its global standing with 650 million users across India and Africa, while expanding into digital services, financial products and satellite communications

TVS Venu group to acquire PGIM'S asset management business in India

TVS Venu Group signs definitive agreements to acquire PGIM India's asset management business from Prudential Financial, subject to regulatory approvals and closing conditions

Allied Blenders & Distillers appoints Amar Sinha as managing director

ABD appoints Amar Sinha as managing director as Alok Gupta's tenure nears end, aiming to drive growth and transformation in India's premiumising spirits market

Govt plan to levy data tax may earn nearly ₹30K cr in revenue: IIFL Capital

₹1/GB data tax could fetch ₹30,000 crore but raise mobile bills by up to 20%, says IIFL; proposal may face pushback over regressive impact

Suzuki Motorcycle sees FY27 domestic growth below 7-8% amid cost pressures

Suzuki Motorcycle India expects FY27 domestic growth below earlier estimates as rising commodity costs and global uncertainty from West Asia conflict weigh on demand

Mahindra to raise SUV, commercial vehicle prices by up to 2.5% from April 6

The company attributed the latest price hike to a combination of cost escalations

Emcure slashes obesity drug Poviztra price by up to 55% amid competition

Emcure cuts Poviztra prices by up to 55% following Novo Nordisk's move, lowering monthly treatment costs for semaglutide-based obesity therapy in India

Chandrasekaran asks Tata group heads to brace for West Asia conflict impact

According to a PTI report, the Tata Group chairman asked over 30 CEOs and MDs to prepare for a tougher business environment, and to manage spending and review project starts

LG Electronics crosses one million AC sales in Q1 2026 amid strong demand

LG Electronics India crosses one million AC sales in Q1 2026, marking its fastest summer start, driven by early product launches, strong demand and supply chain efficiency

TotalEnergies, Masdar to form $2.2 billion renewable JV for Asia

TotalEnergies and Masdar to set up $2.2 billion JV to develop solar, wind and storage projects across nine Asian markets, combining existing assets and future pipeline

Franklin Templeton MF launches Sapphire Equity Long-Short SIF strategy

Franklin Templeton MF launches its first specialised investment fund, Sapphire Equity Long-Short SIF, using a quantitative strategy with selective shorting to manage downside risks