Mega cap
Fire at Hyundai supplier Mobis India halts parts flow, for now.
A fire at Mobis India, which supplies audio components and parts, has disrupted production at Hyundai Motor India. The company is scrambling for alternatives while drawing down dealer stock.
Adani Energy's CFO quit. His replacement was waiting in the wings.
Kunjal Mehta left for personal reasons on May 30. Ashok Jagetiya, a 30-year Adani Group veteran, took over the next day.
Lupin lands six-month U.S. monopoly on colonoscopy drug Sutab
The company is the exclusive first-to-file generic, securing 180 days of protected sales in a $132.8M branded market.
Moody's lifts Tata Steel to Baa2 on sovereign-linkage tweak, not business change
The upgrade reflects a revised methodology for rating parent support, not a shift in Tata Steel's own credit profile. The change affects multiple large Indian corporates.
IndiGo shelves widebody plan, triples FX hedging to $3bn
The airline is walking back its A350 order expansion and tripling its foreign exchange hedging target to $3 billion after currency moves hit the Q4 numbers.
Asian Paints hikes prices 11% to fight a 20% cost squeeze; key capex project delayed
The company has reversed its stance on price hikes as raw-material costs surge. A major integration project is also running 18-24 months late.
Hindustan Zinc gives CEO two months, names Vedanta insider as CFO
A two-month CEO extension signals a succession search. A veteran Vedanta financial hand takes the CFO role from June.
Torrent Pharmaceuticals files transcript for May earnings call
The company released the formal record of its post-results conference call. It contains no new information beyond the live discussion on May 22, 2026.
Zydus's US liver drug gets a faster FDA look. A decision comes Nov 2026.
Priority Review trims the standard clock to 8 months. Saroglitazar now has a concrete US timeline.
Samvardhana Motherson hits record revenue as debt ratio drops to 0.8x
The auto component maker posted annual revenue of ₹1.26 lakh crore. Its consumer electronics division turned profitable for the first time.
ICRA lifts Vedanta’s credit rating to AA+ on improved liquidity
The agency removed its watch tag and assigned a stable outlook. It cites lower refinancing risks and better debt coverage for the group.
HCLTech launches autonomous finance platform using Google Gemini
The new platform targets core finance automation, though HCLTech provided no revenue targets or order values for the product.
Grasim meets Enam Holdings, Morgan Stanley, GIC in Mumbai next week
The Aditya Birla Group flagship will hold one-on-one and group meetings with major funds from June 3-5, 2026.
Cummins India lifts dividend to ₹66 as annual profit climbs 22%
The engine maker reported FY26 revenue of ₹11,950 crore, with a final dividend payout of ₹46 per share following a year of strong growth.
ONGC misses production targets as key projects face fresh delays
The state-owned explorer produced 18.355 million metric tonnes of crude against a 21.5 million tonne target, while KG-98/2 and Daman projects slip further.
TCS wins multi-year AI transformation contract from SKF
The deal tasks TCS with modernizing the Swedish industrial group's global IT landscape, though the company did not disclose the contract value.
ONGC pays record dividend as consolidated profit jumps 53%
Consolidated net profit reached ₹13,678 crore for the March quarter. The board declared a record total dividend of ₹16,669 crore for FY26.
ONGC reports Q4 results with no new strategic surprises
The company released audited financial results for the quarter and fiscal year ending March 31, 2026. Prior disclosures regarding a new joint venture and a parent guarantee remain the primary strategic updates.
ONGC posts ₹32,894 cr profit as it eyes new Dahej port venture
The state-owned explorer reported a 7.6% profit dip for FY26 while greenlighting a 50:50 joint venture for a liquid port in Gujarat.
Government of India to sell 2% stake in Coal India at ₹412 per share
The offer for sale, valued at roughly ₹5,100 crore, will take place on May 27 and May 29. The floor price is set at ₹412 per share.
Eicher Motors enters vehicle financing with a new Volvo joint venture
The company reported record FY26 revenue of ₹23,408 crore and announced a ₹750 crore investment to launch a 50:50 financing partnership with Volvo.
Sun Pharma reports durable response for UNLOXCYT in skin cancer trial
Long-term data from a trial shows a 50% objective response rate for UNLOXCYT in locally advanced cutaneous squamous cell carcinoma.
Siemens declares ₹18 dividend, approves subsidiary merger
Routine results filing for the 18-month transition period includes a 900% payout and a previously disclosed subsidiary consolidation.
Mankind guides for double-digit growth, plans ₹2,500 cr debt repayment
Management targets FY27 EBITDA margins of 25.5-26.5% and will focus on profitability in GLP-1 over market share.
Canara Bank drops its no-raise stance, sets June 2 board meeting
The bank had recently told analysts it wouldn't need fresh capital. Now it's preparing to do just that.