Company News

Bondada Engineering eyes ₹10,000 cr investment for 25 GW RE, data centres

Bondada Engineering plans Rs 10,000 crore investment to build 25 GW renewable capacity and expand into data centres and defence manufacturing by 2030

PhonePe launches AI tool to speed up merchant payment integrations

Walmart-owned PhonePe says its AI-powered integration layer can reduce merchant onboarding timelines from weeks to minutes, especially for small businesses

Amazon opens its supply chain to all: Can Indian logistics firms keep up?

Amazon has opened its logistics network to all businesses, intensifying competition for global and Indian delivery firms and raising questions on pricing, margins, and scale

M&M strengthens supply-chain resilience as geopolitical risks persist

Mahindra & Mahindra is strengthening localisation, multi-sourcing and platform flexibility to counter geopolitical disruptions and secure growth in its auto business

Hyundai reiterates commitment to India as it marks 30 years of operations

Established on May 6, 1996, the company's arm Hyundai Motor India Ltd (HMIL) has invested ₹40,700 crore since its inception

2W industry to grow high single digits despite West Asia crisis: Hero

About 21.71 mn two-wheelers were sold in India in FY26, recording a 10.7% year-on-year growth, primarily driven by the GST rate cuts implemented in September 2025

Godrej Enterprises' commercial aviation biz eyes 15-20% growth till FY32

The company is developing in-house design platforms for key components as it shifts from a build-to-print model to a design-led player higher up the value chain

SP Group unit receives debt downgrade ahead of $3 billion refinancing

The ‌real estate and civil engineering firm's non-convertible debentures were downgraded to B+, from BB-, CareEdge said on Wednesday

L&T secures mega JSW Steel order for capacity expansion in Ballari, Paradip

L&T has secured its largest domestic metals-sector order from JSW Steel to build critical facilities as the steelmaker expands capacity in Ballari and Paradip

Sun Pharma weighs multiple funding options for $12 billion Organon deal

The Indian drugmaker is considering seeking consent from Organon bondholders to swap their holdings into Sun Pharma debt

Zee sues Nykaa over alleged use of copyright songs on Instagram reels

Zee Entertainment said Nykaa had used several of its copyrighted songs in reels to promote products to millions of followers

Temperatures on the rise, online platforms offer relief to gig workers

E-commerce and food delivery firms step up cooling infrastructure, insurance cover and welfare measures for gig workers as rising temperatures and heatwave warnings intensify across India

Bombay HC quashes Lilavati Trust bribery case against HDFC Bank CEO

The court, while quashing the FIR, said continuance of the same would be nothing but an "abuse of the process of court" and that the same was not a bona fide complaint

Apple Inc's iPhone 17 leads Vivo, Oppo in phone sales: Counterpoint

Apple's iPhone 17 leads India's smartphone market in Q1 CY2026 despite its premium pricing, driven by stable prices, strong demand, and EMI-led affordability

NCLAT sets aside ₹301.6 crore CCI penalty on Grasim, orders fresh hearing

The order was challenged by Grasim before the NCLAT, which is also an appellate authority over CCI, which asked the regulator to hear afresh

Poonawalla Fincorp's Q4FY26 results: Net profit jumps 4x to ₹255 crore

Poonawalla Fincorp reports over fourfold rise in Q4FY26 net profit, supported by strong NII growth and nearly 70% increase in assets under management

Vedanta outlines mega expansion across aluminium, oil, power post demerger

Vedanta plans to double aluminium capacity, scale oil output and expand power portfolio as it pursues aggressive growth across sectors following its demerger

Carrier Global to break ground on ₹1,000 crore chiller facility at Sri City

Carrier Global will set up a Rs 1,000 crore chiller manufacturing unit at Sri City, boosting Andhra Pradesh's ambition to become a global hub for data infrastructure and components

L&T wins ₹2,500-5,000 cr coal-to-ammonium nitrate project in Odisha

The project will produce 2,000 tonnes of ammonium nitrate daily, reducing imports, conserving foreign exchange, and strengthening India's energy and chemicals sectors

Netradyne acquires Moove to expand AI fleet safety business in Europe

The deal adds local operations and customers as SoftBank-backed Netradyne expands its AI-powered fleet safety business and strengthens its presence across key European markets