Business

Gautam Adani has urged India to accelerate investments in energy security and artificial intelligence infrastructure, arguing that the next era of geopolitical influence will be shaped by nations capable of controlling strategic digital and energy ecosystems. Speaking at the CII Annual Business Summit 2026, the chairman of the Adani Group warned that the foundations of globalisation are being reshaped by rising geopolitical fragmentation and economic realignment.

Indian consumers may soon face higher prices for everyday essentials as major fast-moving consumer goods (FMCG) companies prepare additional price increases amid mounting input-cost pressures. Products including soaps, detergents, biscuits, packaged foods, and beverages are expected to become more expensive due to rising crude-linked inflation, elevated packaging costs, currency depreciation, and higher transportation expenses triggered by geopolitical instability.

Micro Mitti has announced plans to invest Rs. 300 crore in a new commercial development in Indore, signaling growing confidence in the expansion of India’s tier-II commercial real estate markets. The company has launched ‘Cybercity by Micro Mitti,’ a mixed-use commercial project spread across 2.3 acres with a planned leasable area of approximately 4.48 lakh square feet. The development will primarily feature office spaces alongside complementary retail infrastructure.

Toyota Kirloskar Motor has announced plans to establish a new manufacturing facility in Maharashtra, with commercial production scheduled to begin in the first half of 2029. Although the company has not officially disclosed the investment size, Japanese media reports suggest parent company Toyota Motor Corporation may invest nearly Rs. 15,900 crore (approximately USD 1.9 billion) to expand production capacity in India.

The Central Bureau of Investigation (CBI) conducted searches at 17 locations across Mumbai in connection with three cases involving Reliance ADA Group companies — Reliance Telecom Limited, Reliance Commercial Finance Limited, and Reliance Home Finance Limited. The investigation focuses on alleged diversion of bank funds through intermediary entities and includes scrutiny of directors, officials, and associated corporate networks. Authorities said the searches targeted both residential and office premises linked to individuals and firms under investigation.

India’s food delivery sector is witnessing a gradual normalization in delivery timelines as gig workers return to metropolitan cities following state elections and the conclusion of the peak agricultural harvest season. Companies including Swiggy and magicpin say rider availability is improving significantly after a temporary workforce shortage disrupted operations across several urban markets. Industry executives believe the return of delivery personnel will stabilize logistics networks, reduce customer wait times, and improve platform efficiency in the coming weeks.

Titan Company Ltd has assured investors and consumers that its jewellery businesses, including Tanishq and CaratLane, remain insulated from short-term gold supply disruptions despite industry concerns surrounding import licence renewals and geopolitical uncertainty in the Middle East. Chief Financial Officer Ashok Sonthalia said the company’s gold exchange programme has been operating successfully since the third quarter and can be expanded further if necessary. Titan has also prepared contingency mechanisms to manage potential supply challenges.

An Indian infrastructure company reported a strong financial performance for FY26, driven by higher project execution, disciplined cost management, and robust order inflows across key highway projects. Chairman and Managing Director Ramneek Sehgal stated that consolidated revenue for the financial year rose 17 percent year-on-year to Rs. 4,022.4 crore, while EBITDA reached Rs. 585.4 crore with margins of 14.6 percent. The company’s total order book expanded to Rs.

Pidilite Industries, one of India’s leading adhesives and construction chemicals manufacturers, is preparing for another round of price increases as escalating geopolitical tensions in West Asia continue driving inflation in raw material costs. Managing Director Sudhanshu Vats indicated that persistent supply-chain volatility and rising input expenses are forcing the company to reassess pricing strategies despite earlier hikes implemented in April and May.

M P Birla Group flagship company Birla Corporation Ltd reported a rise in consolidated net profit for the fourth quarter of FY26, reflecting improved operational efficiency despite relatively modest revenue growth. The company posted a profit of Rs 294.77 crore for the January-March quarter, compared with Rs 256.6 crore during the same period last year. Revenue from operations increased marginally to Rs 2,836.12 crore, highlighting stable demand conditions amid a challenging cost environment for the cement industry.