Mega cap
Tata Motors PV targets ₹1,40,000 cr revenue by FY31, more than double FY26
In its first standalone investor day, the demerged PV business laid out plans for 20% market share, 30% EV mix, and a 15-nameplate portfolio.
Tata Motors targets 40% market share, teens EBITDA margin by FY28
At its first investor day post-demerger, the CV pure-play laid out a five-year roadmap including 7-9% FCF margin and 30-35% ROCE after IVECO, with digital business housed under new AIEQ Mobility entity.
Titan loses chairperson and two directors as co-promoter TIDCO pulls nominations
Sandhya Sharma, Arun Roy, and Mariam Pallavi Baldev resign effective June 22, 2026, after TIDCO withdraws its nominees. The board shrinks but operations are unaffected.
BEL locks in ₹1,081 cr in fresh orders, routine for a firm its size
The new orders add 3.93% to annual revenue and a similar sliver to a ₹73,000 cr backlog. For a defence giant with a ₹3,12,000 cr market cap, this is a normal fortnight.
Tata Motors bags 3,400+ eCV orders, but impact is modest
The orders cover e-commerce, logistics, and passenger transport, but no monetary value was disclosed. For a company with over ₹4 lakh crore revenue, this is routine.
Sun Pharma buys Innovcare Lifesciences for ₹271 cr
A bolt-on acquisition that adds a portfolio of drugs and nutraceuticals, but at just 0.06% of market cap, it won't move the needle for India's largest drugmaker.
Vedanta releases pledge on 55% of Hindustan Zinc after repaying facility
Vedanta prepaid a facility on June 17, 2026, triggering the full release of encumbrances over 2.32 billion Hindustan Zinc shares, a 55.04% stake that had been pledged since July 2024.
Bharat Forge wins ₹425 cr defence contract for first indigenous naval gas turbine
The five-year order for 1.25 MW gas turbine generators on Kolkata-class destroyers marks Bharat Forge's entry into marine power systems, but at 0.44% of market cap it's a niche win, not a needle-mover.
Nestlé India board to consider special dividend on 3 July
Same record date as final dividend means shareholders could get two payouts in one day, signaling strong cash generation after the Maggi insect controversy.
Reliance hits record revenue, cuts Kutch output 87%
Mukesh Ambani guided EBITDA to more than double again, but the Kutch renewable hub's projected annual output was slashed by 86.7% from 300bn to 40bn units.
Hindustan Zinc picks ex-SAIL chief as CEO-designate
After a brief two-month extension for Arun Misra, the board appoints Amarendu Prakash effective June 19, 2026, bringing steel industry leadership to the zinc miner.
Jio Platforms board approves DRHP for IPO of up to 27 crore shares
Reliance's digital subsidiary takes formal step toward listing; fresh issue of up to 27 crore equity shares to be priced via book building. Proceeds will flow to Jio Platforms, providing a public valuation benchmark.
Hindalco's new bike parts plant won't move the needle
The plant can make 5 lakh frames and forks annually, but at a ₹2.7 lakh crore revenue company, it's a rounding error.
Tata Power lands ₹521 cr/yr transmission project in Karnataka
Tata Power receives a letter of intent to acquire Ryapte Power Transmission Ltd, a project SPV for 250 km of lines and two substations. The 35-year concession offers annual charges of ₹521.07 crore.
Airtel loses Connected Homes CEO to Singtel group
Siddharth Sharma, who oversaw home broadband and marketing, steps down effective July 19. His move to a competitor raises succession questions.
HCLTech opens AI lab with Intel, no financials disclosed
The Chennai facility lets enterprises test AI Force and VisionX 2.0 on Intel Xeon 6 and Core Ultra hardware. No investment, order, or revenue target was mentioned.
Bharat Forge teams up with AM General for artillery exports
KSSL, Bharat Forge's defence arm, partners with a U.S. military vehicle specialist to sell the MArG 155mm platform globally, including a bid for the US Army's Mobile Tactical Cannon program.
SBI board clears ₹60,000 cr debt raise in FY27
The state-owned lender's central board approved raising up to ₹60,000 crore through bonds, including AT1 and Tier 2, this financial year. The amount is 6.3% of market cap, crossing the 5% materiality threshold for large caps.
Varun Beverages to launch Asahi's CALPIS in India by H2 2026
The PepsiCo bottler enters dairy-based beverages with a century-old Japanese brand, though first cans won't hit shelves for over a year.
Grasim lines up investor meetings with Enam, Citadel, Wellington
Second round of June meetings follows earlier interactions with Enam and Morgan Stanley, amid recent capex and CEO change announcements.
Lupin launches Azilsartan generic in US with 180-day exclusivity
First-to-file Azilsartan Medoxomil tablets hit the US market, but the $53.5M reference product adds less than 0.3% to Lupin's annual revenue.
HCLTech inks VW software deal; no money said
Multi-year partnership with Volkswagen's e.solutions to build infotainment and connectivity software. But financial terms are undisclosed, making it a routine ecosystem move for a $14.7B IT giant.
Grasim taps Tanwani to run textiles as Agrawal moves within group
Sangeeta Tanwani appointed CEO (Designate) of Grasim's textiles business effective August 1, 2026, with a three-month handover to take charge from November 1. Kapil Agrawal moves to a new role within the Aditya Birla Group.
JLR targets double-digit growth with hybrid push, North America focus
Range Rover and Defender will get a full hybrid option; a non-binding Stellantis MOU explores US-specific Defender products. The £1.8 bn investment plan is reaffirmed, with new electric models due this year.
TCS lands Elopak IT deal, value undisclosed as routine
The Norwegian packaging deal is strategically positive but financially invisible. For a company with over US$30B in revenue, it's a rounding error.