Ashok Leyland just had a record June quarter. So why did the margin fall a full point?Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volu...
01 Oct, 2026, 06.14 PM IST
India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fellThere is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...
01 Oct, 2026, 06.07 PM IST
Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discu...
01 Oct, 2026, 11.36 AM IST
Shiva Cement to merge with JSW Cement; board approves 5:41 swap ratioThe board of JSW Cement has approved a scheme of arrangement, including the amalgamation of Shiva Cement with and into JSW Cement, the comp...
30 Sep, 2026, 09.40 PM IST
From India to Iowa: Ruias return to steel with an ambitious $18 billion US betRuias are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annual...
29 Sep, 2026, 08.18 PM IST
NCLAT issues notice to creditors on Subhash Chandra's Plea; sets next hearing for Oct 29-30The National Company Law Appellate Tribunal will hear Subhash Chandra's appeal regarding his personal insolvency on specific dates. Chandra...
29 Sep, 2026, 02.42 PM IST
California’s oldest family-owned winery files for bankruptcy after more than 160 years. Why exactly this winery went out of business?Gundlach Bundschu Winery, a landmark in California's rich vinicultural history, has initiated Chapter 11 bankruptcy proceedings due to moun...
24 Sep, 2026, 09.42 PM IST
Subhash Chandra moves NCLAT, challenges NCLT 5-member bench order against alienation of assetsSubhash Chandra has approached the NCLAT challenging a five-member NCLT bench order that stayed a third member’s decision approving his Rs ...
23 Sep, 2026, 07.54 PM IST
Bira 91 revival plan: Anicut-led board offers to buy out key investorsB9 Beverages, the maker of Bira 91, is attempting to recapitalize amid financial struggles. The company seeks to acquire stakes from major ...
23 Sep, 2026, 12.08 AM IST
ED chief orders action against IBC frauds, large haircuts to promotersThe ED director has ordered increased action on IBC fraud cases. He also directed steps for police FIR delays in certain states. Investigat...
15 Sep, 2026, 08.49 PM IST
Vi eyes Rs 35,000-cr loan to fund next decade's capexVodafone Idea is arranging a significant loan to fund its capital expenditures. State Bank of India has approved a substantial portion of t...
15 Sep, 2026, 04.54 PM IST
The “other Hero” comes to Dalal Street: A Munjal family story with a market twistHero Motors, the Munjal family-controlled automotive technology company, is set to enter Dalal Street with a Rs 1,000 crore IPO. The compan...
11 Sep, 2026, 11.19 AM IST
Axis Direct initiates coverage on Pricol with Buy rating. Check target pricePricol shares gained after Axis Direct initiated coverage with a Buy rating and a Rs 935 target price, implying around 21% upside. The brok...
07 Sep, 2026, 11.02 AM IST
Festive carts to get heavier; Pixxel’s $100 million fresh fuelHappy Monday! Online festive shopping is set to hit a new high this year. This and more in today’s ETtech Morning Dispatch.
07 Sep, 2026, 09.16 AM IST
VC-backed B2B firms feel the weight of growth-era debtIndia’s venture-backed B2B firms are grappling with debt accumulated during high-growth years, with Zetwerk directing IPO proceeds towards ...
07 Sep, 2026, 06.00 AM IST
NCLAT sets aside Zaveri Group's bid for Gujarat Hydrocarbons and Power SEZThe NCLAT has overturned Zaveri Group's resolution plan for GHPSL. This decision mandates a restart of the insolvency process with new bids...
04 Sep, 2026, 08.49 PM IST
Corporate stress remains benign despite IBC delays and deep haircuts: KotakIndia's corporate credit cycle is expected to remain stable in the near future. Strong corporate balance sheets and moderate debt levels su...
03 Sep, 2026, 02.36 PM IST