Page 2 - Company News
Why Jio Credit is emerging as Bank of America's key India growth engine
Bank of America's $1.9 billion investment could fuel Jio Credit's growth for at least two years as the fast-growing NBFC expands into new areas of lending.
 "Why Jio Credit is emerging as Bank of America's key India growth engine")
Ride-hailing app Rapido gets Karnataka licence for cab services till 2031
Over the years, Rapido has built a presence across 21 cities in the state, supporting over 3.14 lakh captains and serving more than 2.04 crore registered customers.
 "Ride-hailing app Rapido gets Karnataka licence for cab services till 2031")
L&T to set up India's largest Nvidia B300 AI factory for Together AI
L&T's Vyoma.AI will set up a 10,000-GPU Nvidia B300 AI factory at its Chennai data centre campus for US-based AI firm Together AI
 "L&T to set up India's largest Nvidia B300 AI factory for Together AI")
TaMo PV Q1 PAT falls 80% as JLR volumes, higher commodity costs weigh
TaMo eyes 70% volume growth in EVs for FY27; expects domestic PV industry to grow 10%
 "TaMo PV Q1 PAT falls 80% as JLR volumes, higher commodity costs weigh")
Hinduja Group to invest ₹2,500 cr in TN across renewables, EV ecosystem
The investment includes over 200 MW of renewable energy projects and electric buses, spanning solar, wind, battery technologies, charging infrastructure and mobility solutions
 "Hinduja Group to invest ₹2,500 cr in TN across renewables, EV ecosystem")
Murugappa's Montra Electric goes global, enters Nepal, Tanzania, W-Africa
The Murugappa Group's green mobility brand has begun exports of its Super Auto to Nepal and Tanzania and secured orders across West Africa as it targets high-growth EV markets.
 "Murugappa's Montra Electric goes global, enters Nepal, Tanzania, W-Africa")
1 in every 7 Swiggy food orders placed from 99 Store's curated offering
Launched in July 2025, 99 Store is a curated in-app offering that caters to value-conscious customers.
 "1 in every 7 Swiggy food orders placed from 99 Store's curated offering")
Centricity raises ₹280 cr in Series A funding led by SMBC Asia Rising
In addition, existing investors, including Lightspeed India Partners, Burman Family Office, RAAY Investments, Stride Venture, and Innoven Capital, also participated in the funding round
 "Centricity raises ₹280 cr in Series A funding led by SMBC Asia Rising")
Hinduja Group to invest ₹2,500 crore across businesses in Tamil Nadu
The investments will include renewable energy, electric mobility, automotive, financial services, energy, battery charging infrastructure and digital mobility solutions, the group said in a statement
 "Hinduja Group to invest ₹2,500 crore across businesses in Tamil Nadu")
Tata Trusts to set up Selection Committee to pick Chandra's successor
The development follows Chandrasekaran's decision, communicated to the Tata Sons board on Wednesday, not to offer himself for another term as chairman.
 "Tata Trusts to set up Selection Committee to pick Chandra's successor")
Larsen and Toubro secures AI data centre order worth up to $1.57 billion
The order secured by L&T's AI infrastructure subsidiary, LTN Compute is in the range of ₹10,000 crore to ₹15,000 crore ($1.05 billion to $1.57 billion), and marks L&T's foray into the AI factory busi
 "Larsen and Toubro secures AI data centre order worth up to $1.57 billion")
Tata Trust passes resolution to initiate setting up of selection committee
Sir Dorabji Tata Trust has passed a resolution to initiate the setting up of a selection committee to recommend a successor to N Chandrasekaran as Tata Sons chairman
 "Tata Trust passes resolution to initiate setting up of selection committee")
Bluehill.VC announces final close of maiden deep-tech fund at ₹400 crore
The fund received participation from SIDBI, the Kerala and Uttar Pradesh governments, family offices, entrepreneurs and UHNIs from India and the West Asia
Black Box wins $131 million data centre order from US hyperscaler
Digital infrastructure services provider Black Box will execute a major US data centre project over about three years, with further expansion expected
 "Black Box wins $131 million data centre order from US hyperscaler")
Tata chief Chandrasekaran's exit puts $120 billion spending plan at risk
Natarajan Chandrasekaran's resignation creates uncertainty over Tata's five-year investment push as Noel Tata weighs a more cautious approach to capital spending
 "Tata chief Chandrasekaran's exit puts $120 billion spending plan at risk")
Paytm CEO, CFO get Sebi notice over 2023 disclosure curbing small loans
The company, in a statement on December 6, 2023, said it would issue fewer sub-₹50,000 (about $525) personal loans, after the Reserve Bank of India tightened rules on consumer lending
 "Paytm CEO, CFO get Sebi notice over 2023 disclosure curbing small loans")
After Ratan Tata's demise, an unravelling script engulfs the Tata group
Divisions over governance, Tata Sons' listing, the SP Group's exit and mounting business losses eroded the consensus behind Chandrasekaran's proposed third term
 "After Ratan Tata's demise, an unravelling script engulfs the Tata group")
Manappuram ends family-led era, appoints Ashish Singh as new CEO
Manappuram Finance is moving from promoter-led management to a professional leadership model as Bain Capital deepens its stake in the gold loan-focused NBFC
 "Manappuram ends family-led era, appoints Ashish Singh as new CEO")
What's next: The AI and A-I challenges for Tata group after Chandra's exit
N Chandrasekaran's exit comes as Tata Group faces twin challenges from AI-led disruption at TCS and mounting losses and a delayed turnaround at Air India
 "What's next: The AI and A-I challenges for Tata group after Chandra's exit")
Who's next for Tata Sons as Chandra steps away? A winding road ahead
Tata Sons must constitute a selection committee to choose its next chairman amid governance disputes at Tata Trusts and unresolved questions over listing and the SP Group
 "Who's next for Tata Sons as Chandra steps away? A winding road ahead")