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Sula Vineyards bets on wine tourism, premiumisation to ride out destocking hit; sees demand recovery in key states
Synopsis: After a tactical destocking in Karnataka dragged Q3 FY26 numbers, Sula Vineyards Limited says the worst is behind. Management expects Own Brands to return to growth from Q4, aided by recovery in Maharashtra and…
Ola Electric Mobility Limited posts record 34.3% gross margin in Q3, resets cost base to chase breakeven
Synopsis: Ola Electric Mobility Limited delivered a record 34.3% consolidated gross margin in Q3 FY26, even as industry demand softened, after executing a “structural reset” that cut quarterly opex sharply and lowered EBITDA breakeven to…
Tilaknagar Industries Limited rides Imperial Blue integration to deliver blockbuster Q3; flags margin expansion, deleveraging push
Synopsis: Liquor maker Tilaknagar Industries Limited reported a sharp acceleration in growth for Q3 FY26, with volumes up 76% year-on-year and revenue nearly doubling, helped by the first full month of Imperial Blue under its…
JSW Cement Limited sharpens growth pitch; targets pan-India scale-up as volumes, EBITDA jump in Q3
Synopsis: JSW Cement Limited told investors it is on track to accelerate capacity expansion across regions, with Q3 FY26 volumes rising 14% year-on-year and operating EBITDA up 31.5%. The company outlined a pipeline that lifts…
HCL Technologies Limited, Cisco roll out AI-powered Fluid Contact Center to tap GenAI-led CX shift
Synopsis: HCL Technologies Limited and Cisco have launched an AI- and cloud-enabled version of HCLTech’s Fluid Contact Center, combining Cisco’s Webex Contact Center with HCLTech’s CCaaS transformation capabilities. The partners are betting on GenAI-driven features—ranging…
Thomas Cook (India) Limited arm Sterling opens second hotel in Ayodhya, bets on pilgrimage-led demand
Synopsis: Sterling Holiday Resorts Limited, a wholly owned subsidiary of Thomas Cook (India) Limited, has launched Sterling Saryu Ayodhya, its second property in the holy city. The company is deepening its presence in faith and…
Canara HSBC Life Insurance Company Limited flags minor insider-trading code breach; issues warning to employee
Synopsis: Canara HSBC Life Insurance Company Limited on Friday disclosed an inadvertent, minor violation of the company’s insider trading code under the Securities and Exchange Board of India (PIT) rules after a designated person’s immediate…
United Spirits Limited names new CHRO; Chinmay Sharma to take charge from March 5
Synopsis: India’s largest spirits maker United Spirits Limited (USL), the Indian arm of Diageo, has appointed HR veteran Chinmay Sharma as Chief HR Officer. He will assume office on March 5, 2026, replacing Shilpa Vaid,…
Morgan Stanley flags paint sector de-rating; Asian Paints, Berger, Nerolac seen with downside
Synopsis: Global brokerage Morgan Stanley has reiterated a sector-wide “underweight” stance on India’s top paint makers — Asian Paints, Berger Paints and Kansai Nerolac — highlighting growth volatility, competitive pressure and stretched valuations that could…
Nippon Paint India elevates automotive refinish leadership to accelerate growth
Synopsis: Nippon Paint India has appointed Jenender Anand as vice-president of its automotive refinish business as part of a broader leadership restructuring aimed at bolstering market share in the growing coatings segment. New Delhi:…
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Jotun India rolls out ‘Jotashield Eterna’ premium exterior paint to tap durability-focused segment
Synopsis: Jotun India has unveiled Jotashield Eterna, a new high-durability exterior paint aimed at premium residential…
Berger Paints posts high single-digit volume growth in Q3, margins improve as value growth stays muted
Synopsis: Berger Paints India reported high single-digit volume growth in the December quarter even as value…
Rolls-Royce CEO meets PM Modi, signals plans to scale up India operations
Synopsis: Prime Minister Narendra Modi on Tuesday met Rolls-Royce CEO Tufan Erginbilgic in New Delhi,…
IN-SPACe clears 94 private space activities since launch; startups raise $150 million in 2025
Synopsis: India’s space regulator IN-SPACe has authorised 94 private sector activities across satellites, ground systems…
India to lead the world in 6G, 1 billion users to be on 5G by 2030: Scindia
Synopsis: India has rolled out 5G to 99.9% of districts in just 22 months and…
25 OTT platforms banned in 2025 as govt tightens grip on unlawful online content
Synopsis: The government told Parliament that 25 OTT platforms were banned in 2025 for airing…
Private investment in AI hits $11.1 billion as govt doubles down on deep tech, space reforms
Synopsis: India’s cumulative private investment in artificial intelligence touched about $11.1 billion between 2013 and…
India to host AI Impact Summit from Feb 16; focus on jobs, green AI and shared compute
Synopsis: India will host the five-day India AI Impact Summit in New Delhi from February…
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India-Japan Tech Tie-up and ₹891-Cr Capital Goods Push to Drive Industry 4.0
Synopsis: India is intensifying its push for a high-tech manufacturing ecosystem through strategic global partnerships and targeted domestic investments. New Delhi: India is moving…
Labour Reforms for a ‘Viksit Bharat’: Mandaviya Pledges Social Security for 1 Billion Workers by 2026
Synopsis: In a major push for worker welfare, Union Minister for Labour and Employment, Dr. Mansukh Mandaviya, announced the government’s ambitious goal to expand India’s…
India’s Push for Arbitration Hub: PSUs Lead the Charge as Global Centre Gains Traction
Synopsis: India is making a concerted push to transform itself into a global hub for arbitration, backed by a series of legislative reforms and a…
Berger Paints Q3 net slips as margins stay under pressure; volumes improve sequentially
Synopsis: Berger Paints India on Thursday reported a decline in net profit for the December quarter despite marginal revenue growth, as margin pressures and one-off costs weighed on earnings. Consolidated net profit fell 8.3% year-on-year to ₹271.3 crore even as revenue inched up 0.3% to ₹2,984 crore. The company said demand conditions improved sequentially during…
CCI orders probe into IndiGo over ‘artificial shortage’ allegation; airline says reviewing order
Synopsis: The Competition Commission of India (CCI) has ordered a detailed investigation into InterGlobe Aviation, which operates IndiGo, after a prima facie finding under the Competition Act. The regulator has directed its Director General to probe allegations that the airline created an “artificial shortage” of seats amid the December travel chaos. IndiGo has informed stock…
UltraTech commissions 2.7 mtpa grinding unit at Aligarh; total capacity rises to nearly 197 mtpa
Synopsis: UltraTech Cement on Wednesday announced the commissioning of 2.7 million tonnes per annum (mtpa) of additional grinding capacity at its Aligarh unit in Uttar Pradesh, taking the unit’s capacity to 4 mtpa. With this expansion, the company’s domestic grey cement capacity has climbed to 191.36 mtpa, while global capacity now stands at 196.76 mtpa,…