Commercial vehicle manufacturer Ashok Leyland has partnered with Rosmerta Recycling to establish a seamless and customer-friendly vehicle scrappage ecosystem for old commercial vehicles across India. The initiative supports the Central Government’s voluntary vehicle modernisation programme, which encourages the replacement of ageing and polluting vehicles with cleaner, more fuel-efficient alternatives. Under the partnership, Ashok Leyland will…

India’s quick commerce (qcom) sector is entering a new phase of intense competition as major e-commerce players Amazon and Flipkart ramp up their presence in the rapidly growing 10-minute delivery space. After initially adopting a wait-and-watch approach, both companies are now expanding their offerings to challenge established players such as Blinkit, Instamart and Zepto, which…

HCLTech has secured a $1.14 billion deal from a European company, marking a significant win for India’s third-largest IT services firm at a time when the industry is navigating subdued client spending and weak discretionary demand. The client, identified as a Fortune Global 50 company, has not been named. Under the contract, HCLTech will help…

Pune-based automaker Bajaj Auto has posted a stellar performance for June 2026, delivering a robust 28 percent year-on-year increase in total sales. The company sold 463,202 units compared to 360,806 vehicles in the same month last year. While domestic markets showed a steady 11 percent volume growth to reach 209,837 units, the primary engine of…

Tata Motors has strengthened its leadership in India’s rapidly expanding electric passenger vehicle (ePV) market, even as competition intensifies with multiple new entrants and model launches. According to Vahan registration data for the first quarter of FY27, Tata.ev increased its market share to 39 per cent, up from 36.1 per cent a year earlier, reinforcing…

TVS Motor Company has expressed “measured optimism” about its outlook for the road ahead, describing the business environment as unpredictable, complex, and exciting. Speaking in the company’s annual report for 2025–26, Chairman and Managing Director Sudarshan Venu highlighted that the company expects performance to remain broadly in line with market expectations in India, barring disruptions…

The government is accelerating its plan to sell minority stakes in state-owned companies in the current financial year as it seeks to mobilise ₹80,000 crore through equity disinvestment and public asset monetisation, according to officials familiar with the development. As part of the broader fiscal strategy, the Centre is also aiming to bring down its…

Adani Group Chairman Gautam Adani has announced an ambitious expansion strategy for the conglomerate’s energy business, with Adani Power set to invest more than ₹2 trillion over the next five years. The company aims to increase its power generation capacity to 45 gigawatts (GW), reinforcing its position as one of India’s leading energy producers. Addressing…