Company News

Reliance Industries Limited (RIL) has launched a new wholly-owned subsidiary, Reliance Intelligence, marking a significant step in its AI-driven transformation. The subsidiary aims to develop large-scale AI infrastructure, including gigawatt-scale, AI-ready data centers powered by renewable energy. Strategic partnerships with global tech giants such as Google and Meta will enhance RIL's AI capabilities.

Sigma has officially launched the 35mm f/1.2 DG II Art lens, a high-performance, wide-aperture lens designed for professional photographers and enthusiasts alike. The new lens combines exceptional optical precision, superior low-light capabilities, and robust build quality, reinforcing Sigma’s reputation in the premium photography market. With advancements in sharpness, bokeh control, and autofocus speed, the DG II Art lens addresses the growing demand for versatile lenses suitable for portraits, landscape, and creative imaging.

Tata Motors has announced a broad reduction in prices across its passenger vehicle portfolio, including cars and SUVs, in an effort to make its offerings more accessible to consumers. The move comes at a time when the automotive industry is navigating high input costs, subdued demand in certain segments, and intense competition. By revising prices downward, Tata Motors aims to consolidate its market position, stimulate sales momentum ahead of the festive season, and appeal to value-conscious buyers who have been deterred by rising vehicle ownership costs.

Apple Inc. has recorded a historic milestone in India, with sales reaching $9 billion, driven by robust demand for iPhones, services, and accessories. This surge comes as the company gears up for the highly anticipated iPhone 17 launch, reflecting Apple’s growing footprint in one of the world’s fastest-growing smartphone markets. Analysts attribute the growth to strong brand loyalty, expansion of retail and online channels, and localized strategies including manufacturing partnerships under India’s production-linked incentive (PLI) scheme.

Usha Shriram, a household name in India’s consumer durables sector, has made a strategic foray into the fast-moving consumer goods (FMCG) space with the launch of packaged drinking water. The move marks a significant diversification for the company, which has long been associated with home appliances, lighting solutions, and lifestyle products. By entering the packaged water segment, Usha Shriram aims to capitalize on rising consumer demand for safe, reliable, and branded hydration solutions.

Renewable energy firm KP Group has announced plans to establish a green ammonia facility in India, marking a significant step toward advancing the nation’s clean energy ambitions. The project will harness renewable power to produce ammonia, a critical industrial input increasingly viewed as a viable energy carrier for the future. With global demand for sustainable fuels rising and India targeting net-zero emissions by 2070, KP Group’s investment underscores the growing role of private players in accelerating the energy transition.

Maruti Suzuki has officially launched its new SUV, the Victoris, adding fresh momentum to India’s increasingly competitive sport utility vehicle segment. Positioned to attract both urban and semi-urban buyers, the Victoris combines a bold exterior design with advanced technology, safety features, and fuel-efficient powertrains. With the SUV market witnessing record demand, the company aims to capture a larger share of this fast-growing category while strengthening its leadership in passenger vehicles.

The central government has approved an extension for Gurdeep Singh as Chairman and Managing Director (CMD) of NTPC Ltd., India’s largest power generation company. Singh, who has been at the helm since 2016, will continue to lead the public sector enterprise, steering it through a critical transition phase marked by a dual focus on conventional energy expansion and renewable capacity growth. His tenure has been characterized by significant milestones, including diversifying NTPC’s portfolio into green energy and strengthening operational efficiency.

UrbanVault, a fast-growing player in the co-working ecosystem, has opened a new shared office facility in Bengaluru, further consolidating its presence in India’s startup capital. The expansion reflects the rising demand for flexible workspaces, driven by startups, freelancers, and enterprises adapting to hybrid work models. The move is also indicative of UrbanVault’s strategy to deepen its reach in high-demand markets, offering state-of-the-art infrastructure and community-driven work environments.

GH2 Solar has announced its foray into electrolyser manufacturing, marking a pivotal step in its ambition to play a central role in India’s green hydrogen ecosystem. By integrating electrolyser production into its portfolio, the company aims to address supply chain bottlenecks and support the country’s efforts to achieve energy security and decarbonization targets.