Hyundai Motor India MD and CEO Tarun Garg has called for a consistent, long-term policy framework to help India expand its automotive capabilities and accelerate the development of advanced technologies and components. Addressing the 66th Annual Session of the Automotive Component Manufacturers Association of India (ACMA) on Wednesday, Garg urged the industry to move beyond…
Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, has entered India’s competitive ice-cream market with its Bombay Creamery brand. The new range includes cones, cups, tubs, bars and sticks, with prices starting at ₹10, making the products accessible to a wide range of consumers. The ice-cream products will initially be launched…
Hyderabad-based AIG Hospitals has announced an investment of ₹2,000 crore over the next five years to build a greenfield 1,000-bed multispecialty hospital at Endada in Visakhapatnam. The expansion will be executed across two phases, starting with an initial 650-bed phase targeted for completion by October 2028, followed by a second phase adding 350 beds to…
Tata Power Co., one of India’s largest private power producers, has lost its legal challenge in the Singapore International Commercial Court against a $490 million arbitration award stemming from a breach of contract involving a Russian coal asset. According to the court order, the tribunal dismissed Tata Power’s challenge regarding the quantum of damages awarded…
India is driving Nestlé’s growth across emerging markets in Asia, Latin America and Africa and has emerged as the company’s highest-performing market in the first half of 2026, according to Nestlé CEO Philipp Navratil. Speaking at a media roundtable, Navratil said India is among the company’s top 10 markets globally and offers significant scope for…
TVS Supply Chain Solutions (TVS SCS) and Japan-based Sankyu Inc have signed a memorandum of understanding (MoU) to explore collaboration across supply chain and engineering services. Under the initial agreement, Sankyu intends to acquire a 0.5 per cent stake in TVS SCS, subject to customary regulatory approvals. The partnership will focus on creating integrated solutions…
The Reserve Bank of India’s (RBI’s) special USD-INR forex swap facility has attracted a substantial $72.85 billion in total inflows as of August 21, 2026, according to recent data released by the central bank. Launched on June 8, 2026, the facility was structured to channel foreign currency into the domestic economy via three distinct channels:…
E-commerce marketplace Meesho expects to create more than one million seasonal job opportunities across its seller and logistics ecosystem during the upcoming festive season. The company estimates that around 650,000 jobs will be generated through its seller network, while another 375,000 roles will emerge across logistics operations. Nearly 130,000 sellers are expected to recruit temporary…
L&T Technology Services (LTTS), a subsidiary of Larsen & Toubro, has secured a contract worth more than $75 million from an international technology company. The five-year engagement will see LTTS deploy its Engineering Intelligence capabilities across the client’s end-to-end product development and engineering lifecycle. The scope includes product engineering, software development, testing and validation, sustenance…
Tata Consultancy Services (TCS), India’s largest IT services company, has launched its agentic AI platform, TCS ADD™ AgentHub, aimed at scaling the use of artificial intelligence in drug development. According to the company, the platform is designed to transform clinical trials and pharmacovigilance services while maintaining regulatory and audit requirements. TCS said pharmaceutical companies face…
