October 14, 2026
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Samsung Reportedly Lays Off Nearly 100 Executives in India

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Samsung India has reportedly asked around 80–100 employees to leave as the company faces growing pressure in its television and home appliance businesses. According to reports, the layoffs are being carried out in batches and have affected employees across various management levels, including director-level executives, team leads, branch managers and area managers. The Continue Reading
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Colgate-Palmolive India Names Kenvue India Head as New CEO

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Colgate-Palmolive India has appointed Kenvue executive Manish Anandani as its new Managing Director and Chief Executive Officer, effective September 28. Anandani, who most recently led Kenvue’s India and South Asia operations, will take charge as the company looks to strengthen growth through premium products and e-commerce. Anandani brings extensive experience in the Continue Reading
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SpiceJet Bankruptcy Petitions to Be Reheard in Fresh Setback for Lessors

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An Indian tribunal ruled on Wednesday that bankruptcy petitions against SpiceJet will be heard afresh by a new bench. The National Company Law Tribunal (NCLT) had already prepared a judgment on eight petitions, but the airline reached a last-minute settlement with one lessor, forcing the petition’s withdrawal. Because the judgment needed to be rewritten and […]Continue Reading
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VW Seeks Local Indian Partner to Drive Scale and Share Investment Risks

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Volkswagen (VW) Group expects to finalize a deal with a local Indian partner this year to accelerate its momentum in the world’s third-largest auto market. According to Klaus Zellmer, CEO of VW’s Skoda brand—which oversees the group’s strategy in India—having a partner with strong local roots will strengthen their position and help fund the next […]Continue Reading
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Swiggy Shareholders Approve Indian-Owned Status Move

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Swiggy said on Tuesday that shareholders have approved a proposal to cap aggregate foreign ownership at 49.5%, clearing a key hurdle for the food and grocery delivery company to qualify as an Indian-owned and controlled company (IOCC). The move could allow Swiggy’s quick-commerce business, Instamart, to shift from a marketplace model to an inventory-ownership model, […]Continue Reading
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HAL Profit Jumps Nearly 15% on Strong Defence Execution

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India’s state-run Hindustan Aeronautics Ltd (HAL) reported a nearly 15% rise in first-quarter profit, supported by strong execution of defence orders and steady progress in project deliveries. The aerospace and defence company posted a June-quarter net profit of ₹15.90 billion ($166.66 million), compared with ₹13.84 billion a year earlier. HAL’s revenue from operations Continue Reading
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Tata Motors Quarterly Profit Rises 8.3% on Strong Demand

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Tata Motors reported an 8.3% increase in quarterly profit on Wednesday, supported by strong demand from infrastructure, logistics and freight customers. The higher volumes helped the automaker offset rising commodity costs linked to the ongoing Middle East conflict. The company posted a profit of ₹15.28 billion ($160.3 million) for the April-June quarter, compared with Continue Reading

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