E-2W Penetration Hits 6.5% in FY26: E-Mobility Gains
Electric two-wheeler penetration in India reached 6.5% in FY26, driven by government policies and consumer demand. The e-mobility sector shows strong growth momentum.
Category : Corporate News
India Fuel Retailers Face Credit Strain from High Oil Prices
Fitch Ratings warns that Indian fuel retailers face credit strain due to persistently high oil prices, impacting margins and debt levels, with potential rating downgrades if conditions worsen.
UP Plans to Boost Farmers' Income with Cow Dung Products
Uttar Pradesh government prepares a comprehensive action plan to integrate agriculture with animal husbandry, expanding cow dung-based products to boost farmers' income and soil fertility.
DPIIT Revamps FDI Approval Process With 12-Week Timeline
DPIIT introduces a new SOP for FDI proposals, featuring a 12-week decision timeline and a fully paperless application system via FIF and NSWS portals.
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PNB Posts Record Rs 16,904 Crore Net Profit in FY26
Punjab National Bank (PNB) ended FY26 with a record net profit of Rs 16,904 crore, driven by improved asset quality, higher interest income, and capital strengthening.
India's First Digital Mental Math Championship Ends in Mumbai
The groundbreaking fully digital mental math championship concluded in Mumbai, showcasing exceptional talent and innovation in arithmetic skills across India.
Smallcap Stock Surges After Securing Chhattisgarh Order
A smallcap company's stock surged after securing an order from the Chhattisgarh Environment Conservation Board, boosting investor sentiment and market activity.
Dell Relocates Legal Base from Delaware to Texas
Dell Technologies announced it will move its state of incorporation from Delaware to Texas, aligning its legal home with its headquarters and operations. Governor Abbott welcomed the move.
AC Prices to Rise Further Amid New Norms and Input Costs
Blue Star's MD warns that AC prices will increase due to stricter energy efficiency norms and rising raw material costs, impacting consumer budgets.
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Manoj Kohli Joins Alt DRX Advisory Board
Former SoftBank India head Manoj Kohli joins Alt DRX's advisory board, signalling a major step for asset tokenisation in India. This move is expected to accelerate blockchain-based asset trading.
India Fifth Most Spam-Affected Nation: Truecaller
India is the fifth most spam-affected nation globally, according to Truecaller's latest report, with over 20 billion spam calls in 2024.
StanChart Expands Gulf Wealth, Boosts Taiwan SE Asia Teams
Standard Chartered plans to expand its Gulf wealth operation with new bankers in Dubai and Abu Dhabi, and boost teams in Taiwan and Southeast Asia, citing inflows from rival lenders amid the Iran crisis.
2026 Force Traveller N Range Launched with New Design
Force Motors unveils the 2026 Traveller N Range with redesigned cabin, enhanced comfort, and improved powertrain. Bookings start mid-May.
NHAI Road Award Slowdown Deepens, FY27 Outlook Challenging
NHAI's road award slowdown continues into FY26, with Nuvama warning of a challenging FY27 outlook due to weak private sector interest and financing constraints.
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Shreyas Group Promotes Entrepreneurship
Shreyas Group announces a new initiative to support and promote entrepreneurship, aiming to empower aspiring business leaders with resources and mentorship.
Carrier Global to set up ₹1,000-cr plant in Andhra's Sri City
US-based HVAC major Carrier Global Corp will establish a large-scale manufacturing facility in Sri City, Andhra Pradesh, with an investment of ₹1,000 crore, creating over 3,000 jobs.
JLR Cuts Range Rover Prices by Up to Rs 75 Lakh Under FTA
Jaguar Land Rover India reduces Range Rover SV price by Rs 75 lakh and Range Rover Sport SV by Rs 40 lakh, passing on benefits of the India-UK Free Trade Agreement to buyers.
Synapse Order Prequel Expands India's First Light Novel Series
Chinmay Rathee's Synapse Order, India's first original light novel series, expands with a new prequel release, delving into the origins of its cyberpunk world.
Col Liz Hunt: Bridging Legacy Enterprise and Digital Innovation
Colonel Liz Hunt shares insights on integrating digital innovation with legacy enterprise systems, driving transformation in modern organizations.
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Consistent Skincare Routines: Key to Lasting Skin Health
Discover how consistent skincare habits are revolutionizing beauty routines, promoting long-term skin health and radiance beyond quick fixes.
India Auto Sales Surge in April; EV Adoption Accelerates
India's auto sales rose sharply in April 2025, driven by strong demand across segments, while electric vehicle adoption gained pace, according to a recent industry report.
Biocon Founder Names Niece Claire as Successor
Kiran Mazumdar-Shaw has identified her niece, Claire Mazumdar, as the future leader of Biocon, as part of a structured succession plan. Claire, CEO of Bicara Therapeutics, holds degrees from MIT and Stanford.
AvenueSai Targets NBFC Minority Stakes in Liability-Light Strategy
AvenueSai is pursuing a liability-light model by scouting for minority stakes in NBFCs, aiming to expand credit offerings without taking on direct lending risks.
Elon Musk to Pay $1.5B Fine to Settle SEC Twitter Stake Case
Elon Musk agrees to pay $1.5 billion to settle SEC allegations he failed to disclose his Twitter stake in 2022, ending a legal battle since 2018.
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Aarti Industries Q4 Resilient Amid Global Volatility
Aarti Industries reported a resilient Q4 performance with steady revenue and profit, bolstered by strategic global positioning despite a volatile macroeconomic environment.
NSE Launches Electronic Gold Receipts for Transparency
NSE introduces Electronic Gold Receipts (EGRs) to enhance transparency and participation in the gold market, allowing investors to trade gold digitally on the exchange platform.
Auto Demand Upcycle to Continue for 2-3 Quarters
India's auto demand upcycle is expected to persist for 2-3 quarters, with strong growth continuing until CY26, driven by rural recovery and new model launches.
MSEDCL Schedules Four-Hour Power Shutdown in Nagpur
MSEDCL announces a four-hour power shutdown in several Nagpur areas on May 5 for maintenance, repair, and new pole installation, affecting supply from 7am to 11am.
Pune PMPML Bus Accidents: 25 Deaths in 2025-26, Safety Concerns
Despite PMPML's safety measures, bus accidents in Pune claimed 25 lives in 2025-26, a marginal decline from 29 deaths in the previous year. Commuters blame reckless driving and contractor-operated buses.
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MahaRERA Sends Notices to 8,212 Projects Over Missing Reports
MahaRERA has issued show-cause notices to 8,212 housing projects in Maharashtra for failing to upload mandatory quarterly progress reports, threatening cancellation or account freezes.
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