Company News

Jaquar Group, a prominent player in India’s premium bathroom fittings and home solutions market, is aggressively expanding its lighting division with the goal of achieving Rs 1,700 crore in revenue within the next three years. The company aims to capitalize on rising demand for energy-efficient and design-focused lighting solutions across residential, commercial, and hospitality segments. By strengthening manufacturing capacity, expanding distribution networks, and investing in product innovation, the company intends to position its lighting portfolio as a major growth engine.

India may soon return to the global motorsport spotlight as Adani Group moves to revive Formula 1 racing in Greater Noida. The proposed initiative aims to restore India’s presence on the elite international racing calendar while unlocking economic and branding opportunities tied to large-scale sporting events. Greater Noida, which previously hosted Formula 1 races, is being positioned as the centerpiece of the revival due to its existing infrastructure and connectivity.

Global technology investor Prosus is preparing to significantly expand its exposure to India’s fast-growing consumer economy, signaling renewed confidence in the country’s long-term consumption story. The investment firm is expected to channel substantial capital into digital commerce, fintech, food delivery and lifestyle platforms, reinforcing India’s position as a priority growth market. With rising disposable incomes, urbanization and digital adoption accelerating across demographics, India presents a compelling runway for scalable consumer businesses.

Nazara Technologies, a leading player in India’s mobile gaming and digital entertainment sector, reported a 35% decline in net profit for Q3 FY26, amounting to Rs 8.84 crore, compared with the previous year. The company cited sluggish revenue growth in certain segments, higher operational costs, and increased marketing expenditure as key contributors to the drop. Despite the decline in profitability, Nazara continues to maintain a strong market presence, focusing on strategic investments in esports, gamified learning, and interactive gaming platforms.

Redis Labs, the global leader in real-time database technology, has announced plans to significantly increase its investment in India, reflecting the country’s expanding digital economy and rising enterprise adoption of cloud-native solutions. The strategic initiative aims to enhance local operations, expand engineering talent, and accelerate product innovation to cater to Indian and regional markets. Analysts suggest that Redis’s move underscores India’s importance as both a talent hub and a growth market for enterprise software.

Raymond Lifestyle has appointed industry veteran Satyaki Ghosh as its new chief executive officer, marking a strategic leadership move as the company sharpens its focus on growth and brand consolidation. The appointment signals Raymond Lifestyle’s intent to strengthen execution across its apparel and retail businesses amid evolving consumer preferences and intensifying competition. Ghosh brings extensive experience in building consumer-facing brands and managing large-scale retail operations.

Samsung Electronics has expressed strong confidence in India’s economic and consumer growth prospects heading into 2026, positioning the country as a central pillar of its global strategy. The company sees rising incomes, accelerating digital adoption, and supportive policy frameworks as key drivers of sustained demand across smartphones, consumer electronics, and semiconductors. At the core of this outlook is a decisive push toward artificial intelligence, with Samsung aligning product innovation, manufacturing, and R&D investments to capture emerging opportunities.

Eternal, a prominent name in its segment, has come under regulatory scrutiny after tax authorities issued a Goods and Services Tax (GST) demand amounting to Rs 27.56 crore. The development introduces a new layer of financial and compliance pressure for the company, even as it continues to maintain a strong market presence. The demand reportedly stems from alleged discrepancies related to tax filings and input credit claims over a defined assessment period.

Shares of Vedanta have climbed to a new 52-week high, extending a rally that has lifted the stock by around 35 percent so far this year. The surge reflects renewed investor confidence driven by firm commodity prices, improved operational performance, and a clearer strategic outlook. Market participants have also responded positively to disciplined capital allocation and steady cash flows, which have strengthened the company’s balance sheet.

Aurobindo Pharma has announced plans to acquire an additional equity stake in a joint venture company, underscoring its intent to consolidate operations and sharpen long-term growth prospects. The proposed transaction aligns with the company’s broader strategy of deepening control over high-value assets while improving operational efficiency and capital allocation. By increasing its ownership, Aurobindo aims to unlock synergies, streamline decision-making, and reinforce its competitive position in key therapeutic and manufacturing segments.