Page 3 - Company News

Adobe acquires Indian AI automation startup Rilo to boost agentic push

The deal marks Adobe's second known acquisition of an Indian firm as it expands its push into agentic marketing and AI-powered automation

Hyundai expects 8-10% H2 sales growth, aims to outpace PV industry

Automaker expects passenger vehicle industry to grow 5-6 per cent in H2; new mid-size SUV and sub-four-metre EV are expected to help it grow faster than the market

NCLT orders TLPL's RP to halt further disposal of auctioned assets

Bengaluru Bench directs TLPL's resolution professional and auction buyer Comprint to maintain status quo on disputed assets until the next hearing on September 21

Juspay rolls out platform to improve brand discovery across AI interfaces

Breeze Universal connects brands' product catalogues with AI interfaces, allowing shoppers to discover, compare and purchase products within a single conversation

India was fourth-largest iPhone market in Q2 2026, says Omdia data report

Apple shipped 3.45 million iPhones to India in Q2 2026, accounting for 6.25 per cent of its global shipments and giving it a 10 per cent domestic market share

Range Rover goes electric as JLR looks to recharge growth and margins

First electric Range Rover kicks off crucial new-product cycle after British luxury arm weighed on Tata Motors PV earnings amid falling revenue and margins

VinFast steps up India localisation push, engages over 300 suppliers

EV maker plans India-specific models with higher local content; gets approval for Phase 2 expansion of its Thoothukudi plant under a $500 million investment plan

ICICI Bank buys additional 2% stake in ICICI Prudential Life for ₹1,470 cr

The lender bought about 29 million shares through the stock exchange mechanism between July 22 and September 2, taking its holding in the life insurer to 52.8 per cent

Denmark's Novonesis to invest ₹6,600 cr in Maha for enzyme plant expansion

Danish biosolutions producer Novonesis on Wednesday announced a Rs 6,600 crore investment in Maharashtra's Patalganga to expand an enzyme plant over the next four years.

Hyundai India MD seeks long-term policy, shift to advanced tech exports

"The government on its part needs to provide consistent long-term policy that supports scale and accelerates the development of technologies and components," Garg said.

APSEZ cargo handling hits record 50 mn tonnes, rises 19% in August

Cargo handled by India's largest port operator rose 19 per cent from 41.9 million tonnes a year earlier, according to the company

Metropolis eyes Rs 2,500-cr-plus revenue in 3 years; M&A could add upside

Diagnostics chain plans to sweat existing lab infrastructure, expand company-owned centres from 750 to 1,000

Essel Group's Subhash Chandra opposes formation of 5-member NCLT bench

NCLT on Tuesday barred Essel Group Chairman Chandra from alienating his assets and stayed an order allowing him to settle claims arising from personal guarantees on group borrowings for about ₹6.5 cr

BP Plc appoints Ian Tyler chairman after unexpected ouster of predecessor

Tyler, who was previously chair of Cairn Energy Plc, currently holds that position at Grafton Group Plc and is also senior independent director of Anglo American Plc

SC allows Oil India to file plea on rejection of drilling at national park

The company said that the authorities wrongly applied the Supreme Court's April 26, 2023 judgment prohibiting mining within national parks and wildlife sanctuaries

Tata Motors secures all prior regulatory approvals for Iveco acquisition

The European Central Bank has granted the remaining authorisation, clearing all prior sector-regulatory approvals required for Tata Motors' voluntary tender offer

Coal India to sell 10% stake in subsidiary Mahanadi Coalfields' IPO

State-run Coal India is ‌offloading up to 661.8 million shares in its unit, according to the prospectus

Tata Sons chairman search hits roadblock over trust's nomination delay

The search process is being held up because Sir Ratan Tata Trust remains barred from conducting internal meetings under restrictions tied to an ongoing probe

Tata Elxsi inks pact with Sarla Aviation to make air taxi platform Shunya

Design and technology services firm Tata Elxsi said it has signed an initial pact with startup Sarla Aviation to collaborate on the development of the Bengaluru-based firm's air taxi platform Shunya

Companies struggle to derive real value from AI: Wipro CTO Sandhya Arun

Wipro CTO Sandhya Arun says scale, advantage, trust and adoption need to align for enterprises to derive meaningful value from artificial intelligence