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…
The impact of falling crude oil prices in the international market has now reached the retail fuel market. Private sector oil marketing company Nayara Energy has reduced petrol prices by Rs 5 per litre and diesel by Rs 3 per litre at its retail outlets across the country, effective Wednesday. According to the company, the…
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…
Max Life Insurance Limited has successfully settled 20,529 death claims worth ₹1,641 crore. Through this, the company achieved its highest-ever individual death claim settlement ratio of 99.8% in the financial year 2025–26. This rate has been consistently increasing from 99.34% in the financial year 2021–22, and due to the trust placed in the company, the…
Indian entrepreneur and investor Kunal Shah has been appointed as a chief/head by the world’s most influential magazine, Forbes. Motor has already invested $900 million into the company of 41-year-old Kunal Shah, the founder of CRED, an Indian financial technology firm valued at $4.5 billion. Following this investment, Motor’s share in CRED has risen to…
Bharti Airtel has increased its stake in Airtel Africa to approximately 79%, following a major share-swap transaction valued at around ₹28,200 crore. The company disclosed the development in a regulatory filing on Tuesday, confirming that it acquired an additional 16.31% stake from Indian Continent Investment Limited (ICIL), a promoter group entity. With this transaction, Bharti…
IT services major Tech Mahindra has signed a 10-year lease for nearly 4 lakh square feet of office space in Hyderabad’s Kondapur area, marking a significant expansion of its commercial footprint in one of India’s key IT and Global Capability Centre (GCC) hubs. According to property registration documents reviewed by CRE Matrix, the company has…
Tata Capital has announced that its board has approved a proposal to raise up to ₹36,000 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis, according to a regulatory filing. The fundraise will be undertaken in one or more tranches, subject to approval from shareholders. The proposed issuance may include a…
