AirAsia Group Plans Fresh Airline Expansion AirAsia X is preparing to introduce a new airline within the next couple of months as the group continues to expand its aviation network despite ongoing volatility in global fuel markets. The development was confirmed by AirAsia Co-founder Tony Fernandes during a…
NEMBharat Enters India’s Ride-Hailing Market A new player has entered the ride-booking industry in Delhi NCR with a business model focused on driver earnings and transparent pricing. NEMBharat, launched on May 1, 2026, has introduced a zero-commission cab service that allows drivers to retain the full amount earned…
Sula Vineyards Announces Q4 FY26 Financial Results Sula Vineyards has released its consolidated earnings results for the quarter and financial year ending March 31, 2026. The company reported an increase in quarterly total income during the March quarter, although profitability weakened compared with the previous year. The financial…
Wipro Announces Fresh Equity Share Allotment Wipro Limited has issued fresh equity shares under its employee stock-based compensation programmes following the exercise of stock options and restricted stock units by eligible employees. According to a regulatory filing submitted to the stock exchanges, the allotment was completed on May…
Muthoot Microfin Reports Strong Recovery in Q4 FY26 Muthoot Microfin recorded a significant improvement in its quarterly financial performance for the period ended March 31, 2026. The microfinance institution reported a consolidated net profit of ₹71.1 crore during the fourth quarter of FY26, compared with a substantial loss…
TD Power Systems Announces Key Board Meeting TD Power Systems Limited has informed exchanges that its board of directors will meet on May 14, 2026, to consider several important matters related to the company’s financial performance and capital structure. The meeting is expected to review the audited standalone…
Bombay High Court Petition Challenges Tata Trusts Board Meetings A fresh legal development has emerged involving the governance structure of Tata Trusts, one of India’s most prominent charitable institutions. A petition filed in the Bombay High Court seeks to prevent the board meetings of the Sir Dorabji Tata…
L&T Unveils Major Five-Year Investment Strategy Larsen & Toubro has announced a large-scale investment plan as part of its long-term strategic roadmap named “Lakshya 31.” The company plans to invest approximately ₹43,000-45,000 crore across multiple business verticals during the next five years. The investment programme focuses primarily on…
India Records Highest Annual Export Performance in FY26 India achieved a major milestone in external trade during the financial year 2025-26 by recording its highest-ever exports. According to revised data released by the commerce ministry, the country’s combined exports of merchandise and services rose to $863.11 billion during…
EPFO Introduces Risk-Based Audit Framework for PF Trusts The Employees’ Provident Fund Organisation has revamped the audit system applicable to companies managing their own provident fund trusts under exempted status. Earlier, these establishments were required to undergo mandatory annual audits irrespective of their compliance history or financial practices.…
