CHAIRMAN AND MANAGING DIRECTOR
CII proposes comprehensive reforms to streamline industrial land access in India
The Confederation of Indian Industry has presented a plan to fix issues in India's industrial land system. This aims to boost manufacturing by making land access easier and more transparent. The proposals include a national land bank and a digital single-window system. These changes are expected to speed up projects and attract more investment.
Akshaya Tritiya sees 30% volume drop in gold buying amid price spike
Gold demand during Akshaya Tritiya dropped about 30% in volume as prices, up nearly 60% year-on-year, deterred large purchases. Buyers stayed within budgets, shifting to lighter jewellery, small coins and exchange-led buying, while millennials preferred solitaires in the ₹75,000–2.5 lakh range.
PESB recommends Ajit Kumar Panda for CONCOR CMD
Ajit Kumar Panda has been recommended for the top post of Chairman and Managing Director at CONCOR. The selection meeting took place on Saturday. Panda, an IRSME officer, brings extensive experience from roles at RVNL and the Railway Board. He has a strong background in mechanical engineering and has been recognized with national awards for his service.
No formal complaints found in Nashik preliminary review, says TCS
Tata Consultancy Service said on Friday that it has not received through its official reporting systems any formal complaints of the nature that are being alleged. The company said it has engaged a team of experts from consultancy firm Deloitte and law firm Trilegal as independent counsel to the internal investigation led by chief operating officer Aarthi Subramanian.
India medical tourism slips below pre-Covid peak amid geopolitics, visa delays and rising Asian competition
India's medical tourism is facing challenges. Arrivals have dropped significantly below pre-Covid levels. Geopolitical tensions and visa delays are impacting the sector. Competition from other Asian nations is also a factor. Industry leaders suggest focusing on high-tech, reliable healthcare delivery to attract international patients. Improvements in ties with Bangladesh could help reverse the trend.
TCS denies Nashik facility shut down; brings in Deloitte, Trilegal for probe
Tata Consultancy Services (TCS) on Friday dismissed reports that its Nashik facility has been shut down, asserting that the unit “continues to operate and serve clients” even as investigations intensify into the ongoing controversy.
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HDFC Bank Q4 preview: PAT seen stable with up to 10% YoY growth; NIM pressure persists. 8 things to watch
HDFC Bank is expected to post a steady Q4FY26, with PAT likely growing 6–10% YoY and NIM pressure persisting. Brokerages foresee moderate NII growth, stable asset quality, and healthy deposits. Key monitorables include NIM trajectory, credit costs, loan–deposit gap, and management commentary after the Chairman’s exit.
ET Family Business Awards: The great Indian family's a tradition, nurtured at home to take on the world
The ET's Family Business Awards jury convened to celebrate the significant role of family-owned enterprises in India's economy. Chaired by Preetha Reddy, the distinguished panel engaged in rigorous deliberations, acknowledging the innovative strategies and impressive achievements of nominees. The process highlighted the depth of talent and the generational strength powering India's growth story.
ET Family Business Awards: Muthoot FinCorp's journey from a modest Kerala based player to a national giant
Muthoot FinCorp, a family business with roots tracing back to 1887, has evolved into a nationwide financial services player, earning the ET Family Business of the Year-Large award. The company's success is attributed to its diversification, digital transformation, and expanded credit access, reflecting nearly 140 years of growth and adaptation.
Mankind Pharma’s Rx for success: Aatmanirbhar push, affordable care
Mankind Pharma, guided by Ramesh and Rajeev Juneja, is a leading Indian pharmaceutical firm. The company focuses on mass-market drugs and has expanded into chronic and specialty treatments. With over 75% of manufacturing in-house, Mankind Pharma emphasizes quality, affordability, and accessibility. They are investing in innovation and digital capabilities to meet growing healthcare needs.
Cognizant launches Technoverse Hackathon 2026 with high-impact domains in sharp focus
Cognizant has launched its Technoverse Hackathon 2026, a national platform for over 20,000 engineering students to showcase AI-powered problem-solving skills across various industries. The initiative aims to bridge academic learning with real-world applications, fostering innovation and preparing students for future technology leadership roles.
Eye on aspirational India, medical tourism, Max Healthcare steps up bed capacity expansion
Max Healthcare Institute Ltd is expanding capacity to 10,000 beds over the next 3–4 years, investing ₹4,000–5,000 crore to meet rising domestic demand and boost medical tourism.
Beyond wage protest: Bureaucracy, compliance burden strain Noida-Greater Noida MSMEs
Industry stakeholders say legacy bureaucratic systems and entrenched administrative practices are undermining MSMEs’ momentum in the region.
Satin Creditcare’s SGAL secures SEBI nod for Rs 200 crore women-focused AIF
Satin Growth Alternatives has secured SEBI approval to launch a ₹200 crore AIF focused on women-led businesses, aiming to drive inclusive growth, sustainability, and impactful investments across emerging sectors in India.
Board should consider Tata Sons listing amid RBI, SP Group IPO push: Shriram Subramanian
Listing calls for Tata Sons intensify as Reserve Bank of India and Shapoorji Pallonji Group push for IPO, while Tata Trusts resists transparency concerns ahead of a crucial board meeting to decide future direction.
Atomberg’s founders recast roles: Manoj Meena becomes CMD, Sibabrata Das is CEO
Atomberg's cofounders are stepping into new leadership positions. Manoj Meena is now chairman and managing director, while Shibam Das takes over as chief executive officer. Meena will drive innovation and long-term strategy for Atomberg. Das will lead the company's consumer business, including fans and appliances. This transition comes as Atomberg plans for a potential IPO.
GAIL to invest Rs 3,800 cr in 700 MW solar projects in UP, Maharashtra
GAIL India Limited announced an investment of Rs 3,800 crore to establish 700 MW of solar power capacity across Uttar Pradesh and Maharashtra. This initiative includes a 600-MW solar project with battery storage in Jhansi and a 100-MW project in Maharashtra. These projects aim to boost GAIL's renewable energy portfolio and support its net-zero goals.
India’s hotel expansion gains pace, draws institutional capital into real estate fold
India's hotel sector is set for robust growth, with operators planning over 70,000 new rooms by 2030. Driven by strong domestic travel and rising incomes, the industry is experiencing structural maturity with calibrated expansion and stable pricing. Investment is surging, particularly in leisure and pilgrimage destinations, as asset-light models gain traction.
Indians rush to book gold as precious metals slide
Gold and silver prices fell on Monday. This drop occurred after US-Iran ceasefire talks failed and President Donald Trump announced a blockade of the Strait of Hormuz. Indians are now rushing to book gold. This is for the auspicious Akshaya Tritiya and the upcoming wedding season. Demand momentum is picking up across key markets.
India-Austria to deepen economic ties; Bilateral trade crosses USD 2.35 billion: CII Regional Chairman
India and Austria move to deepen their economic partnership with a specific focus on green technologies and advanced manufacturing as bilateral trade between the two nations surpassed the USD 2.35 billion mark.Chairman of the CII Western Region and Chairman & Managing Director of Blue Star Ltd, identified these sectors alongside digital innovation as the primary drivers for the next phase of the bilateral relationship.
Maran case: SpiceJet asks for more time to deposit Rs 144 cr
SpiceJet faces a critical juncture. The airline informed the Delhi High Court that an immediate Rs 144 crore deposit in a dispute with Kalanithi Maran would lead to its collapse. SpiceJet proposed offering land as security, seeking time to navigate the aviation sector's current challenges. The court will hear the matter again soon.
Burjis Godrej elevated as Agrovet chair amid leadership shift
Godrej Industries Group has announced a major leadership transition, elevating Burjis Godrej as chairperson of Godrej Agrovet, while his father Nadir Godrej prepares to step down after decades in leadership. Burjis will also join the board of Godrej Industries as a non-executive director.
Tata Sons chairman N Chandrasekaran orders probe into TCS Nashik case
Tata Sons Chairman N Chandrasekaran has ordered an investigation into serious allegations of sexual harassment, coercion, and religious conversion pressure at a TCS Nashik office. Eight employees filed police complaints, leading to seven arrests, including the HR manager. TCS has suspended the employees under investigation and is cooperating with authorities.
BEML secures $36.38 million export order from Middle East region
BEML Ltd, hailing from Bengaluru, has clinched a monumental export deal valued at USD 36.38 million with clients in the Gulf region. This order, focusing on heavy earthmoving machinery re-engineered for robust infrastructure projects, emphasizes BEML's ambition of carving a niche on the global infrastructure stage.
Nadir Godrej, chairperson of the Godrej Industries Group to step down
Nadir Godrej will retire as chairperson of the Godrej Industries Group in August 2026. He will become Chairman Emeritus. Godrej will step down from several company boards. This marks a planned generational succession for the group. Nadir Godrej has significantly shaped the group's growth and global presence over many years. The leadership transitions are effective from August 2026.
Nimbus Projects Q4 pre-sales rise 77% to Rs 281 cr
Nimbus Projects reported a significant 77 percent jump in sales bookings for the March quarter, reaching Rs 281.24 crore. This surge highlights strong homebuyer confidence and robust demand in key markets. The company's full fiscal year 2025-26 bookings stood at Rs 545 crore. This performance underscores Nimbus Group's consistent delivery of residential and commercial projects since 1993.
Vikram Solar crosses 10 GW in global deployments
Vikram Solar has achieved a significant milestone, deploying 10 GW of solar modules globally. This doubles their previous deployment in just two years. The company's reach extends to 39 countries, with a strong manufacturing base in India. It is also expanding into energy storage solutions.
Mazagon Dock acquires 51% stake in Colombo Dockyard for Rs 249.5 crore in first international acquisition
Mazagon Dock Shipbuilders Limited has acquired a 51% stake in Colombo Dockyard PLC. This marks India's first international acquisition in shipbuilding. The deal valued at Rs 249.5 crore strengthens MDL's regional presence. Colombo Dockyard is now a subsidiary of MDL. This move aligns with India's maritime strategy. The acquisition leverages Colombo Dockyard's strategic location and capabilities.
Sanjay Khanna appointed Chairman and MD of Bharat Petroleum
Sanjay Khanna has taken charge as the new Chairman and Managing Director of Bharat Petroleum Corporation Ltd. He was previously Director (Refineries) at BPCL. Khanna's appointment is effective from April 9, 2026, and will continue until his superannuation on May 31, 2029. He brings extensive experience from various leadership roles within BPCL, including heading major refineries.
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