Corporate News
21 - 05 - 2026
Mercedes-Benz India introduces limited-series GLE, GLS ‘Night Edition’ SUVs
The German carmaker has released limited-series versions of its GLE and GLS SUVs in India, priced between Rs. 1.05 crore and Rs. 1.43 crore, with exclusive Alpine Grey and Obsidian Black finishes, upgraded interiors and restricted unit availability.
21 - 05 - 2026
MANN+HUMMEL Bets Big on India with ₹100 crore Expansion Push
In a world rattled by geopolitical anxieties, fractured supply chains, and the fashionable rediscovery of “de-risking,” India has become the place where global corporations come to hedge their uncertainties and perhaps even their future.
21 - 05 - 2026
Vodafone Idea retains ₹45,000 crore capex guidance, pursues ₹25,000 crore loan
The operator is in negotiations with local and international financial institutions to secure a ₹25,000 crore debt facility.
20 - 05 - 2026
JSW Steel sets up to ₹24,000 crore capex for FY27 to drive capacity expansion
JSW Steel maps out ₹1,26,000 crore capex to more than double its total production capacity by FY32. CreditSights expects actual FY27 spending to undershoot guidance at ₹19,000 crore to ₹20,000 crore.
20 - 05 - 2026
Tata Steel plans ₹20,000 crore organic capex for FY27
Free cash flows improved during FY26 due to strong EBITDA, working capital release, and lower organic capex of ₹14,600 crore, which offset ₹2,800 crore spent on downstream joint venture acquisitions.
19 - 05 - 2026
Over three in four Indian firms hit by identity breaches over past year: Sophos
Globally, organisations reported an average of three separate incidents, with a notable 5% suffering repeat victimisation of six or more breaches.
19 - 05 - 2026
Vodafone Idea’s user base stabilises, but turnaround a tall ask
Vodafone Idea plans to execute a network capital expenditure plan of about ₹45,000 crore over the financial years 2027-2029 to plug 4G coverage gaps and advance its 5G rollout. This is in addition to spectrum, interest, and spectrum usage charge (SUC) obligations totalling around ₹49,640 crore over the same three-year period.
18 - 05 - 2026
Amazon India to deploy a fleet of 1,000 customed EV trucks
The move follows Amazon’s plans to scale up Amazon Now, an ultra-fast delivery service, to 100 cities across India, which will be supported by a network of more than 1,000 micro-fulfilment centres.
09 - 05 - 2026
Brigade Hotel to invest ₹1,000 crore in Karnataka to expand hospitality portfolio
The hospitality sector in Mysuru is expected to grow at 8–10% annually. Rising demand for personalised and wellness-focused travel, along with government efforts to promote tourism, is likely to support further expansion.
05 - 05 - 2026
Kiran Mazumdar-Shaw Backs Niece Claire Mazumdar for Top Role
In an industry where leadership changes are often sudden, silent, or shrouded in ambiguity, Kiran Mazumdar-Shaw is taking a far more deliberate route at Biocon. The biotech pioneer has set out a clear succession plan, naming her niece, Claire Mazumdar, as the future leader of the company she built over four decades. For Mazumdar-Shaw, 73, …