Page 3 - Company News

Bajaj Auto plans to take Chetak EV scooters to over 100 countries

Bajaj Auto is planning a phased expansion of its Chetak electric scooter to over 100 countries, focusing on localisation and its global distributor network rather than an aggressive rollout

Indian Railways awards €62 million loco maintenance contract to Alstom

French rolling stock maker Alstom has secured a €62 million Indian Railways contract to maintain WAG-12B electric locomotives at the Sabarmati depot till 2031

RBI clears Japan's SMBC to set up wholly owned subsidiary in India

Months after acquiring a 24.21% stake in Yes Bank, Japan's SMBC has received RBI's in-principle approval to set up a wholly owned banking subsidiary in India

Eyeing cofinancing with multilateral agencies, says IRFC CMD Dubey

IRFC is reinventing itself as IRFC 2.0, eyeing co-financing with multilateral agencies and refinancing projects to tap a potential Rs 1 trillion annual infrastructure financing opportunity

Coca-Cola reshuffle puts India head under new global CEO Henrique Braun

The Coca-Cola Company has announced leadership changes effective March 31, 2026, creating new market groupings under incoming CEO Henrique Braun, including expanded oversight for India

Kotak Mahindra Bank marks 30 years of listing on National Stock Exchange

Kotak Mahindra Bank marked three decades of listing on the NSE with a bell-ringing ceremony, underscoring its growth, scale and long-term commitment to India's financial markets

No Infosys employee apprehended by US authorities: CEO Salil Parekh

During the company's Q3 earnings call, Parekh, responding to a specific question, said the rumours that had been circulating online over the past few days

Credgenics forays into consumer segment with FixMyScore.ai platform

Credgenics has entered the consumer segment with the launch of FixMyScore.ai, targeting credit score improvement and repayment solutions for retail borrowers

Groww Q3 results: PAT down 28% despite rise in revenues and client base

Billionbrains Garage Ventures' net profit fell 28 per cent in the December quarter, even as revenues rose 16 per cent on growth in new segments and a rising active client base

HCLTech sharpens focus on India as market, appoints Sandeep Saxena as CGO

HCLTech has elevated company veteran Sandeep Saxena as Chief Growth Officer - Growth Markets 2, as it sharpens focus on India and other key regions such as West Asia and Africa

Indian Oil, BPCL JV makes fresh oil discovery in Abu Dhabi onshore block

Indian Oil and a BPCL arm have reported a new oil find in Abu Dhabi through their joint venture. The discovery follows an earlier find in 2024, the company said

Mahindra's XEV 9S, XUV 7XO clock nearly 94,000 bookings on launch day

Mahindra's newly launched XEV 9S and XUV 7XO SUVs drew strong initial demand, with nearly 94,000 bookings on the first day, translating into orders worth over Rs 20,500 crore

Moglix launches AI-driven operating system for enterprise procurement

Cognilix aims to embed AI across supply-chain operations as Moglix commits $5 million to research and develop industry-specific enterprise products on the platform

US-based State Street to buy 23% stake in Groww AMC for ₹580 crore

After the completion of the transaction, the buyer will not hold more than 4.99 per cent of the aggregate voting power of Groww AMC

Tesla showcase at ACKO Drive in Bengaluru open to public from Jan 15-31

The showcase will be held at the ACKO Drive Service Centre and it will be open to the public from January 15 to 31, according to a press release

Kolte-Patil Developers signs ₹850-crore housing JD project in Pune

Blackstone-backed Kolte-Patil Developers has signed a joint development deal for a residential project in Pune's Bhugaon micro-market with a gross developable value of ₹850 crore

Ola Electric announces expansion of 4680 Bharat Cell platform

Ola Electric on Wednesday announced the expansion of its 4680 Bharat Cell platform.

Piramal Fin aims to raise up to $1 billion in foreign loans every year

The company has a target to get 12-15 per cent of its overall liabilities from foreign sources, he said, adding that this will be across all routes

Indian Oil buys first Ecuador crude cargo as it diversifies from Russia

IOC bought 2 million barrels of medium-heavy sour Oriente oil, the sources said, without elaborating ‌on the pricing and seller

HCLTech counts on M&As to add 1.5% to revenue: CEO & MD C Vijayakumar

IT companies are looking to diversify and look beyond traditional revenue segments, as growth has remained damp over the last few years