IndusInd Bank has initiated action to recover bonuses and possibly other compensation from its former senior leadership, including ex-CEO Sumant Kathpalia, former Deputy Managing Director Arun Khurana, and ex-CFO Gobind Jain.
IndusInd Bank has initiated action to recover bonuses and possibly other compensation from its former senior leadership, including ex-CEO Sumant Kathpalia, former Deputy Managing Director Arun Khurana, and ex-CFO Gobind Jain.
Maruti Suzuki India has announced plans to localise the production of electric vehicle (EV) components, including batteries, over the next few years as part of its strategy to strengthen the country’s EV ecosystem.
Tata Power has announced an ambitious capital expenditure plan of around ₹1.25 trillion between financial years FY26 and FY30, with a strong emphasis on expanding its clean energy footprint. The company said approximately 65% of this investment will be directed toward clean and green energy projects, underlining its commitment to sustainable power growth.
Japan-based banking major Mitsubishi UFJ Financial Group (MUFG) is reportedly close to finalising a deal to acquire a stake in Shriram Finance, one of India’s leading non-banking financial companies (NBFCs).
Reliance Industries is reportedly in discussions to acquire a stake in Udhaiyam Foods, a prominent South India-based ready-to-eat and ready-to-cook packaged food company. The move is part of Reliance’s strategy to expand its footprint in the FMCG packaged foods segment and compete with established players like Tata Consumer Products, ID Fresh, and MTR Foods.
Nestlé India has appointed Nitu Bhushan as its new Executive Director – Human Resources, strengthening its leadership team with a seasoned HR professional who brings extensive experience from the FMCG and consumer goods space.
Tata Capital has anchored a ₹2,300 crore refinancing package for Jayaswal Neco Industries, providing a major boost to the steel and pig iron producer’s balance sheet and liquidity position. The transaction marks one of the larger structured refinancing deals in the domestic credit market in recent months.
JM Financial is increasingly betting on private markets as a key driver of future growth and profitability, according to Vishal Kampani, Managing Director of the group. As traditional capital market businesses face cyclical pressures, private credit and private equity are emerging as more stable and scalable revenue streams.
India’s largest IT services company, Tata Consultancy Services (TCS), is making a notable shift in strategy as artificial intelligence (AI) reshapes the global technology landscape.
India’s largest airline IndiGo has recently become the center of one of the biggest aviation crises in the country’s history — but experts say the root causes go far deeper than just a shortage of pilots.
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