Startup incubator T-Hub, in association with Honda Digital Innovation India (HDII), has selected four start-ups through Honda Innovation Challenge 1.0, which aims to accelerate startups working in mobility solutions across…
Category: Companies
RBI’s wallet curbs may force fintechs to redraw growth plans
A proposed tightening of mobile wallet regulations by the Reserve Bank of India (RBI) is forcing fintech companies to revisit business plans built around prepaid payment instruments (PPIs), a segment…
OMCs facing under recovery of ₹650 per cylinder on domestic LPG
The State-controlled oil marketing companies (OMCs) are facing an under recovery of around ₹650 per 14.2 kg cylinder of liquefied petroleum gas (LPG) for domestic consumers. Sujata Sharma, Joint Secretary…
AI giant Anthropic confidentially files IPO papers with SEC amid AI frenzy
AI giant Anthropic announced on Monday that it has confidentially filed for a US initial public offering (IPO), setting the stage for a potentially historic share sale as investors rush…
MRPL appoints Pattathil Sujith as ED (Projects)
Mangalore Refinery and Petrochemicals Ltd (MRPL) has appointed Pattathil Sujith as Executive Director (Projects). Prior to his elevation, Sujith was serving as Group General Manager – Corporate Strategy, where he…
Royal Enfield sales up 15% in May at 1,03,231 units
Mid-size motorcycle maker Royal Enfield on Monday reported a 15 per cent rise in monthly sales at 1,03,231 units in May, against 89,429 units sold in the same month last…
Gujarat Energy Ltd’s gas demand sees 20-fold jump after Morbi ceramic hub reopens
India’s largest city gas distribution company, Gujarat Energy Ltd (GEL) has reported a dramatic revival in gas demand from India’s biggest ceramic cluster at Morbi in Gujarat with consumption jumping…
PSU OMCs’ under recovery from jet fuel sale at ₹30/litre
The PSU oil marketing companies (OMCs) are currently incurring an under recovery of ₹30 per litre from the sale of aviation turbine fuel (ATF) to airlines. “Jet fuel prices are…
Asian Granito India net profit jumps 90% in FY26, revenue at ₹1,858 crore
Luxury surfaces and bathware solutions brand Asian Granito India Ltd on Monday said its net profit jumped nearly 90 per cent to ₹18.74 crore in 2025-26 against ₹9.88 crore in…
Maruti goes slow on EV capacity expansion as cost-effective CNG booms amid war-triggered inflation
New Delhi: Maruti Suzuki India Ltd on Monday said it will prioritize compressed natural gas (CNG) vehicles after their bookings hit a record high with prices of natural gas having…