Page 2 - Company News

Amazon expands its dedicated air cargo services to northeastern region

Amazon has expanded its dedicated air cargo network, Amazon Air, to the Northeast with new Delhi-Kolkata-Guwahati routes aimed at cutting transit times and improving delivery speeds

Delays in mine clearances may hinder India's steel growth targets: JSPL

Delays in mine operationalisation and statutory clearances could hamper India's ambition of reaching 400 million tonnes of steel production by 2030, a JSPL executive warned

Titan's Helios Luxe brings German watchmaker Alexander Shorokhoff to India

Titan's Helios Luxe has partnered with German watchmaker Alexander Shorokhoff to introduce limited-edition watches in India, targeting the country's fast-growing accessible luxury segment

RBI imposes ₹2.7 lakh penalty on Manappuram Finance for KMP pay breach

The Reserve Bank of India has imposed a Rs 2.7 lakh penalty on Manappuram Finance for violating guidelines on compensation of key managerial personnel following a statutory inspection

Jindal Stainless flags operations disruption due to fuel shortage

Jindal Stainless, the country's biggest stainless steel producer, had last week warned of possible shipment delays

Global investors unwilling to let go of Adani bonds despite global tensions

According to people familiar with the matter, some US-based institutional investors have also continued to add to their holdings in Adani-linked bonds in the secondary market

After Audi, Mercedes to hike prices by 2% from April amid forex volatility

The decision is largely driven by continued forex volatility, particularly the sustained depreciation of the rupee against the euro, along with rising input costs

Amazon Air expands to Northeast, adds Guwahati, Kolkata to cargo service

The expansion, expected to speed up shipments by 5x, will support deliveries across all seven sister states- Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura

Godrej Properties buys 44-acre land in Coimbatore, expects ₹450 cr revenue

The company plans to develop a premium plotted residential project with a developable potential of 1.1 million square feet and an estimated revenue potential of ₹450 crore

HFCL secures ₹10,159-cr order from foreign firm for optical fibre cable

HFCL did not disclose the name of the customer in the filing

India is the second-largest market for Hittech: Chairman Andreas Hettich

German furniture fittings major says India has overtaken China and the US to become its second-largest market as it expands manufacturing and targets double-digit growth

West Asia crisis threatens 2 mbpd of Gulf refining capacity: Rystad Energy

Up to 2 million barrels per day of Gulf refining capacity faces disruption as the Strait of Hormuz remains closed amid US-Iran tensions, threatening global oil supply, says Rystad Energy

Vi executives to meet institutional investors in HK, Singapore next week

Telecom operator's management plans investor meetings in Singapore and Hong Kong as it seeks overseas funding to support its multi-year capex programme

HCLTech Chennai employees asked to work from home amid LPG crisis

IT services firm allows employees at its Chennai centre to work from home as LPG shortages disrupt canteen operations; some peers also see limited food services

GenAI courses see fastest traction in India: Coursera CTO Furniturewala

There are roughly 4 mn enrolments from India in AI and Gen-AI courses on Coursera, he said, adding that this pace of upskilling and reskilling was necessary to unlock a $1.7 trn economic opportunity

CARS24 acquires Vehicle Info to build full-stack vehicle ownership platform

Acquisition of automotive utility app Vehicle Info will help CARS24 expand beyond buying and selling vehicles to build a platform offering services across the entire ownership lifecycle

Glass manufacturer HNGIL seeks uninterrupted industrial LPG supply

Company warns disruption in LPG supply could damage furnaces and impact operations at its plants as West Asia tensions tighten energy markets

Vinay Tonse joins Yes Bank as MD & CEO designate after RBI approval

Former SBI managing director Vinay Muralidhar Tonse joins Yes Bank as MD & CEO designate for three years and will take charge from incumbent Prashant Kumar in April 2026

Bank of Baroda raises $500 million through five-year syndicated loan

State-run lender raises $500 million through a five-year syndicated loan via its GIFT City IFSC unit, attracting investors across Asia and aiming to diversify funding sources

TVS Motor unveils electric scooter Orbiter V1; expands EV portfolio

This BaaS model separates the vehicle price from the battery cost, helping customers better understand both the upfront purchase and the ongoing running cost of an electric vehicle