India’s electric bus market grew about 19 per cent year-on-year in the first four months of 2026, with registrations rising to around 1,868 units, compared with about 1,571 units in…
Category: Companies
DMart FY26 growth steady, e-commerce weighs on margins
BENGALURU: Avenue Supermarts Ltd, operator of DMart, on Friday reported steady double-digit growth in FY26, even as intensifying competition from quick-commerce platforms continued to weigh on margins in its e-commerce…
Air India CEO search narrows to Singapore Air exec Kannan and insider Aggarwal, sources say
NEW DELHI, May 2 (Reuters) – Singapore Airlines executive Vinod Kannan and Air India’s commercial head Nipun Aggarwal are the two frontrunners to become the new CEO of Air India,…
TVS Motor records 7% YOY growth in sales in April, flags supply chain disruptions
Auto maker , recorded monthly sales of 473,970 units in April 2026 – a growth of seven per cent as against 443,716 units in the same month last year. TVS,…
“Preparing to move fast”, says Adani Power as it lines up land & SPVs for nuclear projects
Adani Power Ltd, India’s largest private sector thermal power producer with an installed capacity of over 18 GW, is building an early-stage but deliberate pipeline in nuclear energy—focusing on land…
Coal India’s production for April falls 9.7%, offtake declines 2%
Coal behemoth Coal India’s total coal production for April witnessed a 9.7 per cent year-on-year fall at 56.1 million tonnes (mt) compared with 62.1 mt for the same period last…
US warns shipping firms they could face sanctions over paying Iranian tolls in the Strait of Hormuz
DUBAI, United Arab Emirates (AP) — The United States is warning shipping companies that they could face sanctions for making payments to Iran to safely pass through the Strait of…
Air India cuts international flights until July 2026 as fuel costs and airspace closures bite
Air India will reduce its international flight schedule through July as soaring jet fuel prices and airspace restrictions linked to the West Asia conflict push a growing number of routes…
Cognizant to lay off employees as AI drives ‘real and accelerating’ change
BENGALURU: Cognizant Technology Solutions Corp. is cutting jobs as it pivots towards artificial intelligence (AI), marking one of the first instances of a large IT services firm explicitly linking AI-led…
Meta buys humanoid robot startup Assured Robot Intelligence as 8,000 job cuts loom
Meta Platforms has purchased Assured Robot Intelligence, a startup building artificial intelligence systems for humanoid robots, as chief executive Mark Zuckerberg accelerates a sweeping bet on AI that he acknowledges…