Business

Jio Financial Services, the demerged non-bank finance arm of Reliance Industries, is set to announce its much-anticipated Q1 FY26 results this week. The market is keenly watching the quarterly performance as it marks the first financial year of Jio Financial operating independently, with strategic focus areas including personal loans, SME lending, insurance, and the upcoming…

In a strategic leadership move to bolster its growth ambitions, Federal Bank has elevated its Chief Financial Officer (CFO) Venkatraman Venkateswaran to the position of Executive Director (ED). The appointment comes after approval from the bank’s board and the Reserve Bank of India (RBI), aligning with Federal Bank’s broader succession planning and organisational transformation efforts….

In a strategic pivot reflecting the sweeping changes in India’s fintech landscape, Paytm founder Vijay Shekhar Sharma has announced that the company will adopt an “AI-first” approach as part of its next phase of transformation. This declaration comes in the backdrop of reports of significant layoffs across Paytm’s various verticals amid an ongoing restructuring to…

Shantanu Naidu, known widely as Ratan Tata’s youngest aide and General Manager of Tata Trusts, has been honoured by Google for his exceptional social impact initiatives, reinforcing his growing influence as a leading voice in India’s next-generation social entrepreneurship and animal welfare ecosystem. The recognition has sparked widespread appreciation online, celebrating his innovative approach to…

Billionaire industrialist Gautam Adani, Chairman of the Adani Group, has unveiled an ambitious ₹60,000 crore vision to transform India’s healthcare ecosystem, emphasising the need for medical innovation, infrastructure expansion, and equitable access. Speaking at the Adani Healthcare Leadership Conclave in Mumbai, Adani outlined plans to integrate cutting-edge medical technologies, global collaborations, and large-scale hospital networks…

Kia India has announced the appointment of Atul Sood as its new Senior Vice President of Sales and Marketing, marking a significant addition to its top leadership team as the Korean auto major accelerates its next phase of growth in India’s competitive automotive market. The company confirmed that Sood has already assumed his responsibilities and…

Global private markets investment manager Partners Group has announced its plan to acquire a majority stake in Mumbai-based Infinity Fincorp Solutions Ltd for Rs 1,950 crore, marking one of the largest investments in India’s fast-growing non-banking financial services (NBFC) sector this year. The proposed transaction underscores foreign investors’ growing confidence in India’s structured finance, asset-backed…

Reliance Defence, part of the Anil Ambani-led Reliance Group, is poised to invest over Rs 10,000 crore to establish an integrated aerospace manufacturing ecosystem, aiming to roll out India’s first domestically built commercial passenger jet by 2028. The ambitious flight plan signals a strategic pivot for Reliance Defence from its existing naval and land systems…

In a landmark development for India’s pharmaceutical sector, Glenmark Pharmaceuticals has entered into a strategic licensing agreement with US-based AbbVie for its novel small-molecule drug candidate aimed at treating chronic inflammatory diseases. Analysts describe this as a turning point for Indian drug innovation, signalling global recognition of India’s evolving research and development (R&D) capabilities beyond…

Indian refiners are exploring options to import crude oil from Canada to diversify their sourcing basket amid intensifying global energy market uncertainties, according to Atanu Mukherjee, CEO of Dastur Energy. The move comes as Indian oil companies aim to reduce dependence on traditional suppliers such as West Asian producers and Russia, ensuring supply security while…