TATA Starbucks will be banking on product portfolio expansion and opening of different types of store formats to boost its business this fiscal. The coffee chain major, a joint venture…
Category: Companies
Project delays dented FY26 construction equipment demand: ICEMA
The Indian construction equipment industry witnessed a decline of around 2 per cent in total sales during FY26, as per data furnished by the Indian Construction Equipment Manufacturers’ Association (ICEMA).…
Urban Company’s net loss widens to ₹161 crore in Q4
Urban Company widened consolidated loss to ₹161.16 crore in the March quarter largely due to focus on scaling up its new service InstaHelp. The home-services company had posted a loss…
ABB India Q1CY26 profit falls 25% on margin pressures, higher input costs
ABB India reported a 25 per cent decline in profit after tax to ₹342 crore for Q1 CY2026. The company attributed the decline in profitability to an adverse revenue mix,…
NTPC, IndianOil, Coal India plan ₹6k-crore IPO for Hindustan Urvarak & Rasayan
NTPC Ltd, Indian Oil Corporation Ltd, and Coal India Ltd are planing to list their joint venture Hindustan Urvarak & Rasayan Ltd (HURL) to raise up to ₹6,000 crore in…
Urban Company’s InstaHelp push drags FY26 into loss
slipped back into losses in 2025-26 as investments in its quick household-help vertical, InstaHelp, weighed on profitability, even as the home services platform posted its fastest growth in nearly four…
Biosimilar ramp-up to drive growth for Biocon in FY27
New biosimilar launches and scaling up of recently launched products are expected to drive growth for in FY27, as the company pivots from a heavy investment phase towards improving capacity…
Vedanta Aluminium, Tata 1mg tie-up to bring telemedicine to remote villages
Vedanta Aluminium has opened first-of-its-kind 24×7 telemedicine facility in Lanjigarh, Kalahandi district in Odisha in partnership with Tata 1mg. The initiative will bring timely specialist medical consultation closer to communities…
Accor sees strong growth in India’s hospitality sector, plans more brand launches
Accor is witnessing strong growth in India and is in active discussions with developers to grow its portfolio of luxury and lifestyle hotels in the country, said Gaurav Bhushan, group…
Start-ups should be included in Auto PLI to meet intended objectives, say experts
A more flexible eligibility criteria for the Auto Production linked Incentive (PLI) scheme, allowing start-ups to take advantage of its benefits, will help meet its proposed manufacturing and localisation goals,…