D2C Brands Face Longer Wait, Higher Costs to Enter Quick Commerce as Monetisation Tightens
Direct‑to‑consumer brands are encountering longer onboarding times and higher fees to list on quick‑commerce platforms, with commissions rising 8‑12% and premiums of about 8% versus last year. Combined platform costs now exceed 35% of the selling price in many categories, squeezing margins. Platforms are tightening entry, prioritising brands with strong sales velocity and inventory turnover, and creating waitlists. This shift reflects a broader industry move toward profitability amid investor pressure.
CuraTeQ Biologics Gets ‘Positive’ Results in Phase Study of Omalizumab
CuraTeQ Biologics, a subsidiary of Aurobindo Pharma, announced positive top‑line results from its Phase 3 trial of BP11, a biosimilar to omalizumab (Xolair). The study enrolled 608 patients across 80 sites in seven European countries and India, meeting all primary endpoints...
Hi-Tech Pipes Posts Record Quarterly Sales of 1.47 Lakh Mt, up 27% YoY
Hi‑Tech Pipes Limited reported a record quarterly sales volume of 147,125 mt in Q4 FY 26, a 27 % increase over the same period last year and an 8 % rise from the prior quarter. For the full year, sales reached 532,437 mt, up about...
Trent Shares Surge 6.4%; Retailer Posts 20% Revenue Jump in Q4FY26
Trent Limited, the Tata Group retailer, reported a 20% year‑on‑year rise in standalone Q4 FY26 revenue to ₹4,937 crore (≈ $595 million), pushing its full‑year FY26 revenue up 18% to ₹19,701 crore (≈ $2.37 billion). The strong top‑line performance helped the stock surge 6.4% to ₹3,778.90...
Govt to Release Remaining ₹17,500 Crore LPG Compensation to OMCs in FY27
The Indian government announced that it will disburse the remaining ₹17,500 crore (≈ $2.1 billion) LPG compensation to the three oil‑marketing companies in FY27, spread over seven equal tranches. This payment completes the ₹30,000 crore (≈ $3.6 billion) package approved in August 2025, which was intended to...
JJG Aero Targets $100 Million Revenue in 5 Years, Focuses on Deepening Relationships with Existing Clients
Bengaluru‑based JJG Aero announced a goal to reach $100 million in revenue within five years, targeting a mid‑30% compound annual growth rate. The plan is backed by a $30 million Series B round led by Norwest Venture Partners, which will finance a new...
Apollo Hospitals Gets NCLT Nod for Corporate Restructuring Plan
Apollo Hospitals Enterprise has secured approval from the National Company Law Tribunal’s Chennai bench for its proposed composite scheme of arrangement, which involves restructuring its digital health, pharmacy and related businesses across four entities. The plan calls for spinning off...
Amidst Global Uncertainty, Enterprise Tech Spending Holds Steady: Arundhati Bhattacharya
Salesforce South Asia CEO Arundhati Bhattacharya says enterprise technology spending in India remains steady despite global uncertainty and geopolitical tensions. The company completed its Informatica acquisition, adding roughly 5,000 employees and bringing its India headcount to about 17,000. While AI...
KEP Engineering Says Its Wastewater Solutions Enable Industries to Save 90-95% of Water
KEP Engineering Services announced its integrated wastewater solutions can recover 90‑95% of industrial wastewater, dramatically cutting fresh water usage. The portfolio combines effluent treatment plants, zero‑liquid‑discharge (ZLD) systems, multi‑effect evaporators and condensate‑integrated gas recovery to enable near‑total water reuse in...
Hyundai Motor Flags Export Disruptions as West Asia Conflict Hits Shipping
Hyundai Motor warned that its exports to Europe and North Africa are being disrupted as the West Asia conflict blocks key shipping routes. The blockage has driven up freight costs, forced cargo diversions, and pressured parts suppliers with raw‑material constraints....
Maruti Suzuki Adds 502 New Service Touchpoints in FY26, Aims to Reach 8,000 by FY31
Maruti Suzuki India added 502 new after‑sales service touchpoints in FY 2025‑26, the largest single‑year expansion in its history. The network now totals 5,926 locations covering roughly 3,000 Indian cities and towns. The company plans to grow the footprint to 8,000...
Hindustan Zinc’s Mined Metal Output Rises in Q4; Silver Production Slips
Hindustan Zinc Ltd reported a modest rise in mined metal output to 315,000 tonnes in Q4 FY26, a 2% increase year‑on‑year. Refined metal production grew 5% to 282,000 tonnes, while silver output slipped 0.2% to 176 tonnes. The company's wind‑power...
Bajaj Auto Sales Jump 20% to 4,45,377 Units in March
Bajaj Auto reported a 20% year‑on‑year increase in total sales for March, reaching 445,377 units. Domestic two‑wheelers climbed to 221,021 units, while export shipments rose 21% to 159,452 units. Commercial‑vehicle sales also grew 20% to 64,904 units, with exports up...
Fire at Sundaram Brake Linings’ Virudhunagar Plant; No Casualties, ₹2.66-crore Damage
Sundaram Brake Linings Limited’s Plant II in Virudhunagar, Tamil Nadu, caught fire at 5:25 am on Thursday, causing approximately ₹2.66 crore (about $320,000) in damages. The blaze was contained quickly, and no injuries were reported, but the affected production line has been shut down...
SAIL Chairman Amarendu Prakash Resigns
Steel Authority of India Ltd (SAIL) announced that Chairman and Managing Director Amarendu Prakash resigned, effective April 2, 2026, after submitting his notice on January 2. The steel ministry approved the resignation and appointed Director (Personnel) Krishna Kumar Singh as interim CMD for a three‑month period....
LatentView Analytics Invests $3 Million in Healthcare RCM Provider Healtheon AI
LatentView Analytics has invested $3 million in Healtheon AI, a specialist in AI‑driven healthcare revenue cycle management (RCM). Healtheon AI’s agents automate medical coding, claims processing, and denial remediation while working alongside human teams. The funding positions LatentView as a preferred partner for...
STT Data Centres Expands Power Purchases Partnership with Clean Max Enviro Energy
STT Global Data Centres has expanded its power purchase agreements with Clean Max Enviro Energy, adding 21 MWp of solar capacity and bringing the total hybrid renewable portfolio to over 130 MW across Tamil Nadu and Maharashtra. The deal includes a 26% equity...
LCA Tejas Fleet Likely to Resume Flying by Next Week, Says HAL Chairman
HAL Chairman Dr. DK Sunil announced that the Indian Air Force’s Light Combat Aircraft (LCA) Tejas fleet is slated to resume flying by Wednesday, following a temporary grounding after a crash linked to braking system problems. The clearance process, including...
Ola Electric Cuts Roadster 9.1 Price by ₹60,000 as 4680 Bharat Cell Production Scales
Ola Electric announced a ₹60,000 ($723) price cut for its flagship Roadster X+ 9.1 kWh electric motorcycle, lowering the price to ₹1,29,999 ($1,566) from ₹1,89,999 ($2,289). The reduction stems from economies of scale at its Gigafactory and vertical integration of the...
Agilent Technologies “in Country, for Country” Strategy Helps Mitigate Supply Disruptions
Agilent Technologies has rolled out an "in‑country, for‑country" manufacturing model and diversified supply chains to shield against disruptions from the West Asia conflict. The strategy includes a new Customer Experience Center in Mumbai and a refurbishment hub in Manesar, offering...
ISprout Launches New Workspace in Hyderabad
iSprout has opened a 560,000‑square‑foot enterprise‑grade workspace at Minaas Towers in Hyderabad, raising its city footprint to over 1.7 million square feet. The new facility delivers personalized floor layouts, branded environments, flexible expansion options and a dedicated enterprise support team. It...
Myntra’s International Brands Portfolio Records 50% Growth in March Quarter; 45% Sales Come From Non-Metro Regions
Myntra’s International Brands portfolio surged 50% year‑on‑year in the March quarter, fueled by the addition of 40 new global fashion and beauty labels. Women’s apparel accounts for roughly 60% of this segment, while the kids category grew over 65% YoY....
Novo Nordisk Cuts Starting Price of Ozempic by 36% and Wegovy by 48%
Novo Nordisk announced that, effective April 1 2026, the starting dose of its GLP‑1 drugs Ozempic and Wegovy will be reduced by 36% and 48% respectively in India. The new price for the 0.25 mg dose is ₹202 per day (about $2.44) or...
Mesabi Metallics Ties up $520 Million Credit Facility
Mesabi Metallics secured a $520 million senior secured credit facility from Valor Mining Credit Partners II, a mining‑focused fund backed by Breakwall Capital and Vitol. The financing supports the final phases of its $2.5 billion direct‑reduction iron ore mine and pellet plant in...
Cargill India Witnessing Double-Digit Growth Rate, B2B Biz Emerging as Key Growth Pillar
Cargill India is posting double‑digit, mid‑teens growth, with its B2B operations emerging as the primary growth engine. The company’s Innovation Centre is collaborating with food manufacturers to develop healthier, premium solutions across bakery, chocolate and confectionery. While its B2C portfolio—featuring...
How VCMint Fast-Tracks Investments in Early-Stage Startups
Serial entrepreneur Aditya Vuchi launched VCMint, a venture fund that has deployed roughly ₹40 crore (~$4.8 million) across 60 early‑stage startups in under two years, targeting ₹100 crore (~$12 million) by 2028. The fund concentrates on infrastructure and financial products for gig workers, digital‑safety...
Toyota Supplier Denso Targets 11% Return on Equity by 2030
Denso, Toyota's major auto parts supplier, announced a new strategic plan aiming for $50 billion in sales and an 11% return on equity (ROE) by 2030, up from its projected 8.1% ROE for fiscal 2026. The company also targets a 10%...
Morpheus Research Report Alleges 'Anti-Competitive' Practices by MakeMyTrip Despite CCI Order
Morpheus Research released a report accusing MakeMyTrip of continuing anti‑competitive price‑parity practices despite a 2022 Competition Commission of India fine of $26 million. The activist short‑seller alleges the platform uses an internal “price competitiveness score” to indirectly enforce parity, while also...
AWL Agri Business Looking to Scale up Acquired Brand Tops Rapidly
AWL Agri Business is accelerating growth of its newly acquired GD Foods brand, Tops, which posted roughly $60 million in revenue after an 80% stake purchase last year. The company plans to double Tops’ topline to about $120 million and eventually push...
Venu Srinivasan Re-Designated as Chairman & MD of Sundaram Clayton
Sundaram Clayton Ltd has re‑designated Venu Srinivasan as Chairman and Managing Director, succeeding R Gopalan who stepped down with immediate effect. Gopalan will remain on the board as a Non‑Executive Independent Director. The announcement coincided with the stock closing at ₹1,189,...
United Spirits Ropes in Virat Kohli for Johnnie Walker Luxe Blended Water Campaign
United Spirits, Diageo’s Indian arm, launched a new campaign for its Johnnie Walker Luxe Blended Water brand featuring cricket legend Virat Kohli. The film, set to a re‑recorded KISS track by YUNGBLUD, portrays Kohli in multiple roles to reinforce the “Keep...
CMS Acquires FSS’ ATM Management Biz for ₹115 Cr
CMS Info Systems announced it will acquire Financial Software and Systems' managed‑services business for about $14 million (₹115 crore). The transaction adds 8,000 ATMs to CMS's portfolio, bringing the total managed machines to 39,000 and complementing its existing cash‑logistics operation of 68,000...
Tenneco Clean Air Eyes Acquisitions, Ramps up R&D to Drive Next Growth Phase
Tenneco Clean Air India, a subsidiary of the $17 billion U.S. Tenneco group, is gearing up for a new growth phase that includes a potential first acquisition, a new manufacturing plant in Haryana and a $2 million boost to its R&D centre....
Excise Duty Cut to Help Oil Companies Absorb Losses, Prevent Fuel Price Hike: Petrol Dealers Association's Ajay Bansal
India's central government reduced excise duty on petrol and diesel to help oil marketing companies absorb current losses and stave off price increases. Companies are losing roughly ₹45‑₹50 per litre (about $0.55‑$0.60) due to higher crude prices and a weakening...
Coal India to Spend ₹3,300 Crore for New Coking Coal Washeries
Coal India announced a ₹3,300 crore ($398 million) investment to build eight new coking‑coal washeries, adding 21.5 million tonnes per year of washing capacity by FY30. The plan includes a ₹300 crore ($36 million) upgrade of existing facilities and leverages Tata Steel’s technical expertise. Combined with...
ASML Seeks Partnerships with Indian Firms, Team to Visit Semiconductor Units Across the Country: Ashwini Vaishnaw
ASML announced plans to partner with Indian semiconductor firms, sending a delegation to visit local chip‑making units. The move aligns with India’s Semiconductor Mission 2.0, which expands focus from pure manufacturing to design, materials, equipment, chemicals and gases. Union Minister...
TVS Srichakra Gets ₹29.47 Cr Demand Notice From Income Tax Authority
TVS Srichakra Ltd received a demand notice for ₹29.47 crore (approximately $3.55 million) covering tax, interest and a proposed penalty for alleged under‑reporting of income in FY 2017‑18. The company says the notice lacks merit and does not expect any material financial impact....
Unilever, Magnum Sued for Defamation by Ex Ben & Jerry’s Board Chair Mittal
Unilever and its spun‑off Magnum unit face a federal defamation lawsuit filed by former Ben & Jerry’s board chair Anuradha Mittal, who alleges the companies vilified her for supporting Palestinian rights. The complaint accuses Unilever and Magnum of false claims about...
CRED Rolls Out Biometric Authentication for UPI Payments up to ₹5,000
Fintech platform CRED has introduced biometric authentication for UPI payments, allowing users to approve transactions up to ₹5,000 ($60) using facial recognition or fingerprint instead of a PIN. Launched on March 25, 2026, the feature works on iOS and Android and applies...
Harlalka to Takeover as AM/NS India CEO as Oommen Retires
ArcelorMittal Nippon Steel India announced that CFO Amit Harlalka will assume the role of CEO on July 1, succeeding Dilip Oommen, who retires after a 22‑year tenure. Oommen, 68, will remain on the board and serve as Vice‑Chairman of ArcelorMittal India, preserving...
Kerala Start-Up Unveils ‘Chuvarbot 2.0’ to Automate Political Wall Writing
Kerala‑based Tevanova Techtrade Pvt Ltd has launched Chuvarbot 2.0, a CNC‑driven wall‑writing robot that automates the labor‑intensive task of painting political slogans. The prototype, demonstrated during Ramesh Pisharody’s Palakkad campaign, can cover a two‑ to three‑metre wall in 10‑15 minutes—about one‑fifth the time...
GAIL (India) Limited to Acquire 49% Stake in Leafiniti Bioenergy Private Limited
GAIL (India) Limited is investing roughly $1.6 million to acquire a 49 percent stake in Leafiniti Bioenergy, a TruAlt subsidiary, launching a joint venture to build six greenfield compressed biogas (CBG) plants in Karnataka, Maharashtra and Odisha. The first phase will deliver...
Sula Vineyards to Acquire Chandon’s Nashik Estate in Asset Deal
Sula Vineyards announced a definitive agreement to acquire Chandon’s 19‑acre wine estate in Dindori, Nashik, adding a production facility with a 450,000‑litre annual capacity that can scale to 1.3 million litres. The asset purchase, executed through subsidiary Artisan Spirits, includes land,...
Sundaram Home Finance Expands ‘Emerging Business’ Presence in South TN
India’s Sundaram Home Finance announced the opening of two new Emerging Business branches in the historic temple towns of Sankaran Koil and Ambasamudram, extending its footprint in South Tamil Nadu. Over the next year the lender will add five more branches, bringing...
Puravankara Lines up 33 M Sq Ft Launches Amid Demand Tailwinds
Puravankara plans to launch roughly 33 million sq ft of residential projects over the next two to two‑and‑a‑half years, part of a broader 51 million sq ft pipeline valued at over ₹55,000 crore (≈ $6.6 billion). The launches will focus on South India and Mumbai, where the developer has...
Ramraj Cotton Sprucing up Systems and Tech with 2030 IPO in Mind: Founder
Ramraj Cotton, the Indian ethnic‑wear label famed for modernising the dhoti, is gearing its operations for a public listing by 2030. Founder K R Nagarajan aims for a ₹10,000 crore (≈$1.2 billion) turnover before the IPO, while rolling out professional systems, senior hires and...
Maharashtra Government Reviews VRS Row at Bajaj Electronics Unit in Nashik
The Maharashtra government has stepped in to review a dispute over a voluntary retirement scheme (VRS) at Bajaj Electronics Limited’s Nashik facility, where workers allege coercion. Labour Minister Akash Fundkar chaired a meeting in Mumbai and ordered both the company...
Steel Companies Gear up for Further Hike in Prices
Indian steel producers are preparing for another price increase as U.S. attacks on Iran lift coking coal, ferro‑alloy and shipping costs. Domestic hot‑rolled coil prices have risen 23 percent to roughly $650‑$700 per tonne, up from about $566 a month earlier....
From IIT Lab to ₹6,700 Crore Firm: How SEDEMAC Outsmarted Bosch and Continental
SEDEMAC Mechatronics, born from an IIT‑Bombay lab in 2007, has IPO‑priced at a 13.5% premium, giving it a market cap of roughly $807 million. The Pune‑based firm pioneered sensorless motor‑control ECUs, now capturing about 35% of India’s integrated starter‑generator market and...
EKA Mobility Bags Order for 915 E-Buses in Hyderabad
EKA Mobility, a Pune‑based EV firm, received a Letter of Award to supply and deploy 915 electric buses in Hyderabad. The fleet will consist of 100 nine‑metre and 815 twelve‑metre non‑AC buses, delivered through a consortium with GreenCell Mobility. The...