In a bold move toward environmental sustainability, the Himachal Pradesh government, led by Chief Minister Sukhvinder Singh Sukhu, has announced an ambitious target of replacing 3,000 petrol and diesel vehicles with electric vehicles (EVs) in 2025. This initiative aims to transform the state’s transportation infrastructure, contributing to a cleaner, greener environment while providing self-employment opportunities.

Sonata Software has announced the successful acquisition of a USD 73 million (approximately Rs. 620 crore) contract from a prominent U.S.-based technology, media, and telecom (TMT) firm. The five-year engagement will focus on AI-led digital modernization, highlighting Sonata’s growing presence in the rapidly evolving tech space. Under the deal, the company will establish a dedicated AI-enabled Modernization Engineering Center in India, aiming to address key areas such as platform engineering, cloud transformation, cybersecurity, and modern application development.

In its first-quarter results for 2025, Castrol India posted an 8% increase in profit after tax (PAT), reaching Rs. 233 crore, up from Rs. 216 crore in the same period last year. The company also reported a 7% rise in revenue from operations, which stood at Rs. 1,422 crore compared to Rs. 1,325 crore in the first quarter of 2024. Despite facing challenges such as rising input costs and foreign exchange volatility, Castrol India remains optimistic about its ability to maintain growth through product innovation, market expansion, and strategic positioning, especially in rural markets.

In its 10th edition of the HCLTech Grant, HCL Foundation has announced a Rs. 5 crore initiative to support three non-governmental organizations (NGOs) working in the fields of environment, health, and education. These grants aim to catalyze positive change in diverse areas, including biodiversity conservation, the fight against childhood blindness, and the promotion of inclusive education. This commitment highlights HCL Foundation's ongoing dedication to corporate social responsibility and its goal of making a tangible difference in India’s rural and underserved communities.

PNB Housing Finance, a leading player in the Indian mortgage sector, has posted an impressive 25% increase in its net profit for the fourth quarter of FY25, amounting to Rs. 550 crore. This marks a notable improvement from the Rs. 439 crore reported during the same period last year. The company's total income also rose significantly, driven by higher interest income and net interest income. PNB Housing Finance’s robust performance was accompanied by a 13% increase in assets under management (AUM) and a steady asset quality profile.

Zypp Electric, a prominent player in the electric mobility and last-mile logistics sector, has reported a remarkable 50% revenue growth for the fiscal year 2024-25. The company’s revenue reached Rs. 455 crore, up from Rs. 302 crore in the previous year, marking a significant milestone in its journey toward market leadership. With strong operational growth across major cities, strategic fleet expansion, and a focused approach on profitability, Zypp Electric is poised to achieve EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) profitability in the coming quarters.

KPIT Technologies, a key player in the automobile technology space, has demonstrated robust growth, reporting impressive financial results for the March quarter of FY25. The company's net profit surged by 48.9% to Rs. 244.7 crore, driven by strong revenue performance and a series of strategic initiatives. These included investments in mobility-focused AI solutions, automation platforms, and a significant contract value from new client engagements.

Tata Motors is gearing up for the imminent launch of two significant new models: the facelifted Altroz and the much-anticipated Harrier.ev. The Altroz facelift, expected as early as May 2025, will feature cosmetic updates and enhanced interior options while retaining its current powertrain. Meanwhile, the Harrier.ev, a fully electric SUV, is set to debut in June with rear-wheel and all-wheel-drive configurations.

UltraTech Cement Ltd has reported a solid financial performance for the fourth quarter of fiscal year 2025, with a consolidated net profit of Rs 2,474.79 crore, reflecting a growth from the previous year. Despite a decrease in net profit for the full fiscal year, the company continues to lead the market with aggressive expansion plans, including a substantial increase in cement production capacity. The company also expects sustainable volume growth due to the government's focus on infrastructure development.

Bandhan Bank, a prominent private sector lender, has announced the opening of 16 new branches in India, spanning five states. This expansion marks a significant step towards enhancing the bank's presence, particularly in semi-urban and rural areas. The new branches are strategically located in Odisha, Bihar, Jharkhand, Andhra Pradesh, and Chhattisgarh, as part of the bank's ongoing commitment to sustainable growth and broadening its customer reach.