By Vibha Dhawan , 12 May 2026

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.

By Keshav Sharma , 12 May 2026

India’s automobile industry has fallen significantly short of its mandated vehicle scrappage obligations under the Environment Protection (End-of-Life Vehicle) Rules, 2025, achieving only around 30 percent of the required steel-equivalent recycling target during FY26. The regulations, introduced by the Ministry of Environment, Forest and Climate Change and implemented from April 1, 2025, were designed to strengthen sustainable mobility practices and formalize the vehicle recycling ecosystem.

By Harish Thapar , 12 May 2026

Indian equity markets are expected to remain highly volatile this week as investors closely monitor geopolitical developments involving the United States and Iran, alongside fluctuations in global crude oil prices. Analysts believe market sentiment will continue to be shaped by external macroeconomic risks, including foreign institutional investment trends and movements in the rupee against the US dollar. Financial experts warn that escalating tensions in West Asia could intensify uncertainty across global markets, particularly for energy-importing economies such as India.

By Neena Sachdeva , 12 May 2026

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.

By Harish Thapar , 12 May 2026

Honda Motorcycle & Scooter India (HMSI) has initiated a voluntary recall of an unspecified number of CB1000 Hornet SP motorcycles manufactured between September 30, 2024, and August 22, 2025, to address two identified technical issues. One of the concerns involves the routing of the fuel feed hose, a component critical to engine performance and rider safety. The recall reflects the increasing emphasis among automotive manufacturers on proactive quality control and regulatory compliance in India’s premium motorcycle segment.

By Neena Sachdeva , 12 May 2026

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.

By Vibha Dhawan , 12 May 2026

India’s equity markets witnessed a turbulent trading week as the combined market capitalization of four of the country’s 10 most valuable companies declined by nearly Rs 1 lakh crore, reflecting persistent investor caution amid global geopolitical uncertainty. State Bank of India recorded the steepest erosion in valuation as markets struggled to maintain momentum despite modest gains in benchmark indices.

By Neena Sachdeva , 12 May 2026

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.

By Keshav Sharma , 11 May 2026

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.

By Neena Sachdeva , 11 May 2026

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.