Business Economy

Gland Pharma reports Record Revenue, Profit Growth in FY26; Recommends ₹20 Final Dividend

19 May 2026 | 12:11 AM

Hyderabad, May 18 (UNI) Gland Pharma Limited on Monday reported strong financial performance for the fourth quarter and full financial year ended March 31, 2026, posting record revenues and profitability driven by growth in its CDMO business, new....

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Bondada Engineering seures ₹469.52-Cr Orders from Adani Group

18 May 2026 | 10:45 PM

Hyderabad, May 18 (UNI) Bondada Engineering Limited on Monday announced it has secured multiple orders worth ₹469.52 crore from the Adani Group for execution of the Balance of System (BOS) package for a 250 MW solar power project at Khavda in Kutch....

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Hyd:VIYONA Fintech secures NPCI certification for technology, framework across key payment infrastructure layers

18 May 2026 | 10:45 PM

Hyderabad, May 18 (UNI) Hyderabad based VIYONA Fintech company on Monday said it has secured NPCI certification for its technology and certification framework across multiple critical payment infrastructure layers, including UPI Acquirer, UPI Issuer,....

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Zithara.AI expands into Australia, onboards luxury jewellery brand as first customer

18 May 2026 | 10:37 PM

Hyderabad, May 18 (UNI) Hyderabad-based Zithara.AI on Monday announced its entry into the Australian market with the onboarding of Ernesto Buono Fine Jewellery as its first customer in the region.
The company also unveiled what it described as....

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Jaypee Cement lenders seek higher bid from Adani Group: Sources

18 May 2026 | 8:57 PM

Mumbai, May 18 (UNI) The consortium of lenders with stakes in the bankrupt Jaypee Cement Corporation has initiated talks with the Adani Group seeking an increase in the bid amount, according to official sources.
The development came after the....

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Royal Enfield Plans ₹2,500-Cr Greenfield Manufacturing Facility in Andhra Pradesh

18 May 2026 | 7:43 PM

Tirupati (Andhra Pradesh), May 18 (UNI): Royal Enfield on Monday said it is set to acquire a land parcel in Tada near Tirupati in Andhra Pradesh for a new greenfield manufacturing facility as part of its strategic expansion plans.
The company....

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MEPZ-SEZ approves Rs.450 cr worth projects, to generate 6,650 jobs

18 May 2026 | 5:57 PM

Chennai, May 18 (UNI) The Unit Approval Committee (UAC) of MEPZ-Special Economic Zone (SEZ) on Monday approved a new set of projects worth Rs 450 crores across multiple sectors.
These new projects would generate more than 6,650 jobs in TAP....

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Royal Enfied to acquire land parcel in AP for Rs 2,500 cr greenfield manufcuring facility

18 May 2026 | 5:47 PM

Chennai, May 18 (UNI) Royal Enfield, the global leader in the mid-size (250cc–750cc) motorcycle segment, will secure a land parcel
for setting up a new greenfield manufacturing facility at Tada near Tirupati in neighbouring Andhra Pradesh....

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Hike in fuel prices to have no direct impact on India's fiscal situation: SBI Report

18 May 2026 | 4:50 PM

New Delhi, May 18(UNI) The SBI research report has said the recent hike in the petrol and diesel prices are going to have no direct impact on the fiscal situation.
SBI Ecowrap said the historical data shows that hike in petrol and diesel price....

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BOI hikes FD interest rates for 1–3 year deposits

18 May 2026 | 4:35 PM

New Delhi, May 18 (UNI) Bank of India (BOI), India’s leading public sector bank, has increased interest rates on medium and long-term fixed deposits of less than Rs 3 crore for tenures ranging from 1 to 3 years, effective from today, a BOI statement....

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Need for generating awareness and integration of schemes in handloom and handicraft sector: Report

18 May 2026 | 4:25 PM

Sourav Shekhar
New Delhi, May 18 (UNI) There is an apparent need for generating awareness and integration of various schemes in the handloom and handicraft (HH) sector, initiated by different ministries such as MSME, textiles, and culture, said....

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Maruti Suzuki begins commercial production at 2nd plant in Haryana

18 May 2026 | 3:45 PM

Chennai, May 18 (UNI) Leading car makers Maruti Suzuki India Limited (‘Maruti Suzuki’) on Monday announced the commencement of commercial production at the second plant of its Kharkhoda manufacturing facility in Haryana.
This second plant has....

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TVS Venu to take stake in Jana Small Finance Bank

18 May 2026 | 3:42 PM

Chennai, May 18 (UNI) TVS Venu, a leading player in India's financial services sector though nBCF TVS Credit Services, has agreed to acquire a minority stake in Jana Small Finance Bank Limited (JSFB) through a combination of primary issuance of....

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Celonis places India alongside North America in global growth strategy

18 May 2026 | 3:40 PM

Bengaluru, May 18 (UNI ) In a significant endorsement of India's growing dominance in the global artificial intelligence economy, global process intelligence giant Celonis has elevated India to a standalone strategic market on par with North America,....

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Altiva SIF launches Altiva Equity Ex-Top 100 long-short fund to push expansion of equity-led strategies

18 May 2026 | 2:51 PM

New Delhi, May 18 (UNI) Altiva SIF by Edelweiss Mutual Fund on Monday announced the launch of its second offering under Altiva Specialised Investment Fund (SIF) platform, marking a strategic expansion into equity-led specialised strategies, said an....

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