Companies

Air India lobbies to use airspace over China's Xinjiang as financial woes mount

The unusual request comes just weeks after direct India-China flights resumed after a five-year hiatus following a Himalayan border clash between the nations

Xiaomi flags cash-flow risk as market share slides, $545 million remains frozen in India probes

India also stood out as the only major market to record a year-on-year decline in Q3, with Xiaomi’s share slipping 3.2% to 13.4%

SMBC open to bigger Yes Bank stake; plans for India unit under consideration: Report

The Japanese financial institution is the largest shareholder in Yes Bank after it acquired 24.99 percent stake in the domestic lender in September this year

Vodafone Idea narrows Q2 net loss to Rs 5,524 crore; revenue up 2.4%

The beleaguered telecom major had reported a net loss of Rs 6,608.1 crore in the first quarter of FY26, the filing showed

Ola refutes claims of tech leak involving former LG Energy executive

The company said the reports appear 'motivated,' coinciding with its entry into the battery manufacturing market that directly competes with global majors

Hindalco sees up to $650 million impact from fire at US unit

The hot mill at the plant is expected to restart by December end of this year followed by a 4-6 week of production ramp-up, the company added

Airtel to seek reassessment of AGR dues issue with govt: MD Gopal Vittal

Airtel MD said the company welcomes the apex court’s clarification, which permits the government to undertake a detailed reassessment of the dues

Hindustan Unilever's ice cream demerger plan gets NCLT's approval

The nod clears the way for the FMCG major’s long-awaited proposal to separate its ice cream business into a separate entity

Etsy names insider Kruti Goyal as CEO, posts downbeat Q3 results

Goyal, who is currently the company's president and chief growth officer, will replace Josh Silverman on January 1

Indian Oil and Vitol to launch trading joint venture in 2026

The agreement will include a clause requiring Vitol’s exit after five to seven years

MAX&CO to make India debut next year as Reliance Brands inks long-term franchise deal

The first store of the Italian fashion brand will open in Mumbai in early 2026, which will be followed by a national roll-out in key metro cities

Govt to study SC order before taking call on Vodafone Idea relief: Scindia

A government official said Vodafone Idea will have to formally communicate the kind of relief it is seeking once the court issues its directive

Kedaara Capital-IFC combine emerges front-runner for minority stake buy in IPO-bound Axis Finance

As of September 30, 2025, the overall assets under Axis Finance hit Rs 43,012 crore

SC order opens door for Vodafone Idea’s AGR relief; lenders, investors turn hopeful

The top court on October 27 said that any decision on granting relief to Vodafone Idea falls within the government’s policy domain

Electronics component scheme takes off with Rs 5,532-crore projects; Tamil Nadu emerges as hub

The seven approved projects are expected to generate Rs 44,406 crore in output and over 5,000 jobs, marking India’s first major push into high-value electronics components

Centre likely to hike print ad rates by 26% after Bihar polls; TV revision under consideration: Report

The government aims to provide financial support to newspapers as the industry struggles with volatility in advertising revenues

Starlink starts security tests ahead of India retail kickoff

The series of tests is part of India’s security clearance process for foreign and domestic telecom operators

Tata Trusts' Mehli Mistry approves Venu Srinivasan's reappointment. But with conditions: Report

The move is seen as an indication that tensions continue at the charitable trust that holds majority stake at Tata Sons

Telco body COAI seeks new spectrum pricing model, cites unsustainable costs and policy gaps

COAI chief said that spectrum pricing must reflect 'present-day realities' rather than legacy expectations of high revenue from auctions

Infosys promoters, including Nandan Nilekani and Sudha Murty, opt out of Rs 18,000-crore buyback

The promoters collectively hold 13.05 per cent of the company's equity as on the buyback announcement date.

Senior Ola executives face harassment complaint after engineer’s death, challenges FIR in court

Ola said the Karnataka High Court has granted protective orders in favour of the company and its officials

General insurers begin trimming commissions to offset unclaimed ITC hit

Extent of these reductions varies from one insurer to another, with sources indicating that some companies may have introduced subtle changes, trimming incentive-linked bonuses rather than headline commission rates

SpiceJet launches special flights to holy city of Najaf in Iraq from Mumbai, Ahmedabad

With the launch of these flights, SpiceJet will be the only Indian airline to run flights to Najaf, proving a 'seamless travel experience', the company said

Nestle to slash 16,000 jobs as new CEO speeds up turnaround

The reductions, amounting to about 6% of the workforce, will occur over the next two years, the maker of Nespresso coffee capsules and KitKat candy bars said