UltraTech Cement, an Aditya Birla Group company, has reported that its net profit in the March quarter was up 20 per cent at ₹2,983 crore against ₹2,482 crore logged in…
Category: Companies
Ceramic industry expects demand to pick up post-West Asia war
The ceramic industry is undergoing a significant transformation, transitioning from cost-driven manufacturing to a more value-oriented approach as it expects the global demand to rebound after the war in West…
HPCL delivers 323 lakh LPG cylinders in 26 days, cracks down on malpractice
Hindustan Petroleum Corporation Limited (HPCL) delivered over 323 lakh LPG cylinders across India between April 1 and 26, 2026, as the state-owned oil major sustained high-volume operations through its nationwide…
Maruti’s RC Bhargava warns against ‘EV-only’ path; champions biogas for India’s net-zero goal
“Whether it is CAFE norms or Delhi’s EV policy, the ultimate aim is net zero,” said RC Bhargava, Chairman, Maruti Suzuki India Ltd (MSIL). He advocated inclusion of biogas in…
JSW MG Motor sees early gains from luxury play, rivals take note
JSW MG Motor India Pvt. Ltd, the joint venture between China’s SAIC Motor Corp. Ltd and India’s JSW Group, emerged as the second-largest seller of luxury electric vehicles (EVs) in…
Varun Beverages says six-month inventory to cushion cost spike
Varun Beverages Ltd, PepsiCo’s largest franchise bottler, has built up to six months of raw material inventory, cushioning it against near-term disruptions as plastic and aluminium costs rise amid the…
Eyeing global heft, Indian cos open their purse strings for buyouts
Mumbai: From technology to automobiles to pharmaceuticals, Indian companies are scaling up their global ambitions like never before. They are using large acquisitions overseas to quickly scale, deliver higher value…
Major outbound deals by Indian companies
Sun Pharmaceutical Industries Ltd’s proposed acquisition of US-based Organon & Co for an enterprise value of ₹11.75 billion marks the largest-ever overseas acquisition in the pharma sector by an Indian…
EV fleet registrations fall 25% as ‘Anti-Burn’ Model takes hold; Tata leads entry segment
India’s electric fleet market is slowing in new additions even as operators rethink how the business is being built. New EV registrations for fleet usage fell 25 per cent year-on-year…
Mahindra Holidays & Resorts India Q4 profit down 43% to₹41.49 cr
Mahindra Holidays & Resorts India Ltd on Monday reported a 43 per cent decline in consolidated profit after tax to ₹41.49 crore in the fourth quarter ended on March 31,…