On 18 April, the Appointments Committee of the Cabinet (ACC) approved the appointment of Srivastava as the new CMD of the Delhi-based company. This appointment has been made in the rank and pay of additional secretary to the government of India, under the…

LG and Samsung have legally challenged India’s new e-waste recycling regulation mandating a minimum payout to recyclers. The Delhi High Court will hear their case along with petitions from other manufacturers.

CAIT members asserted that quick commerce firms have distorted the retail market through excessive discounting and expansion in major cities, forcing numerous small store owners to shut shop.

HCLTech, India’s third-largest IT services company, reported $13.84 billion in revenue for the year ended March 2025, up 4.3% year-on-year. Tata Consultancy Services Ltd, the country’s largest IT firm, and second-largest Infosys Ltd reported a yearly revenue…

By 2027, the company is planning five new launches, which would include 2 SUVs, and an electric vehicle. Moreover, it will also increase the number of dealerships from the current 362 touchpoints across the country.

Apart from filing the complaint with the EoW, PFC is also investigating the matter internally under its anti-fraud policy.

The Union ministry of new and renewable energy is overseeing the situation, and if required, it could consider rebidding the EPC contracts won by the Jaggi brothers-led firm from state-run companies such as NTPC and DVC.

Gensol founder Anmol Jaggi, his younger brother Puneet, and their privately owned firm Gensol Ventures owned 62.65% of the company at the end of December 2024. A good 81.7% of promoter shares were pledged to creditors.

Tata Consultancy Services Ltd and Wipro Ltd started FY26 with an order book which was smaller than at the start of FY25, while Infosys clocked fewer large deals in FY25, implying weaker revenue growth in the year ahead