Stock broking platform has reportedly exited the payments space after surrendering its payment aggregator (PA) licence, two years after receiving approval from the Reserve Bank of India (RBI). According to…
Category: Companies
UK court orders SpiceJet to pay $8 million to engine lessor over unpaid rent, maintenance
A UK court has ordered India’s SpiceJet to pay about $8 million to an aircraft engine lessor over unpaid rent and maintenance charges for three engines, in the latest setback…
Food and fuel on the go: BYD and KFC join hands for ‘nine-minute’ drive-thru EV charging stations in China
China’s (EV) giant BYD on Wednesday announced that it was partnering with fast-food chain KFC to offer its users in the country a one-stop feeding and refuelling experience in less…
TCS announces salary hike for employees across all grades starting April 1
Tata Consultancy Services (TCS) on Thursday announced an annual salary hike or appraisal for its employees across all grades, effective 1 April 2026. The exact salary increment rate has not…
Despite price recovery, Tata Steel postpones UK breakeven by another 12 months amid rising costs
Tata Steel expects its UK business to take another 12 months to break even, as rising costs driven by the West Asia war may offset gains from recovering steel prices…
Bay Capital Partners aims for ₹1,500 crore in new growth crossover fund
Bay Capital Partners plans to raise about ₹1,000-1,500 crore for a new fund targeting late-stage tech firms, joining investors chasing India’s rapidly maturing digital economy. The Mumbai-based firm’s India Digital…
TCS headcount rises marginally in Q4 FY26 amid reports of higher senior-level attrition
(TCS) reported a marginal increase of around 2,300 in its total employee headcount in Q4 FY26 during the announcement of its financial results today, April 9. The company’s employee base…
Granules India to tighten oversight after US FDA warning, exec says
Granules India is increasing oversight at its manufacturing facilities and digitising documents after the US drug regulator flagged violations, including issues with record-keeping and contamination control practices, at its largest…
Wow! Momo Foods to add 200 outlets; eyes ₹1,200 cr revenue in FY27
Quick Service Restaurant (QSR) chain Wow! Momo Foods on Thursday said it is planning to add 150 to 200 stores in 2026-27, with a sharper focus on tier II and…
Cycle Pure buys stake in Satvik to spark digital growth in India’s $35 billion spiritual products market
Cycle Pure Agarbatti is sharpening its push into digital channels and associated product categories as it looks to evolve beyond its traditional incense business. As part of this strategy, the…