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Company news, funding, corporate moves, startup ecosystem, personal finance

George Kamel Urges Debt Relief Clients to Exit Now

Personal finance commentator George Kamel is advising debt relief program enrollees to exit those arrangements now. Debt settlement programs carry fee loads of 15% to 25% of enrolled debt and can expose clients to creditor lawsuits and unexpected tax liabilities on forgiven balances.

Amazon Fuel Surcharge Hits Sellers Amid Iran Conflict

Amazon has imposed a new fuel surcharge on third-party sellers, directly linked to shipping cost increases connected to the Iran conflict. Sellers face a binary choice: absorb the fee and lose margin, or raise prices and risk losing sales volume.

Five Brands Race for India's 7-Seater EV Market

VinFast, Mahindra & Mahindra, BYD, JSW MG, and Kia are all targeting India's seven-seater EV market, aiming at affluent urban families. The multi-brand convergence intensifies competition for a high-margin segment where dealer network depth and financing terms may prove decisive.

Vedanta Boiler Blast Probe Finds Fuel Buildup Killed 20

An initial probe into the Vedanta power plant explosion in Chhattisgarh's Sakti district found excessive fuel accumulation in the boiler furnace caused a fatal pressure surge. The blast killed 20 workers, and an FIR has been filed against Vedanta and its contractor for maintenance and operational negligence. Criminal

Ramayana Eyes First Indian Global Theatrical Blockbuster Status

The Fithian Group's John Fithian predicted Ramayana will become the first Indian global theatrical blockbuster after CinemaCon 2026 screenings drew major exhibitors from the U.S., Europe, Latin America, and Australia. The two-part film, backed by Prime Focus Studios and DNEG, is targeting IMAX worldwide releases on

JAL and ANA Accelerate Fuel Surcharges Amid Iran Conflict

Japan Airlines and ANA have brought forward fuel surcharge implementation dates in response to cost pressures from the Iran conflict. The move shifts rising fuel costs onto passengers and corporate clients faster than previously scheduled, signaling airlines are not waiting for price stabilization.

Bank of Maharashtra Q4 Profit Jumps 35% to Rs 2,014 Crore

Bank of Maharashtra reported Q4FY26 net profit of Rs 2,014 crore, up 35% year-on-year, with net interest income growing 20% and asset quality improving. Full-year FY26 profit rose 27%, supported by strong deposit and advance growth. The bank declared a 22% total dividend for the year.

Mission Khapli Farmers Organize for Emmer Wheat Premium Pricing

Farmers along the Krishna river in Karnataka and Maharashtra have formed Mission Khapli to collectively market Emmer wheat at premium prices. The ancient grain, previously a subsistence crop, is attracting demand from health-conscious consumers, giving smallholders leverage to capture higher margins. The initiative's

Tesla Energy Storage Set to Offset Car Margin Pressure

Tesla is leaning on its energy storage division to compensate for shrinking automotive margins and declining regulatory credit income. The shift reflects sustained vehicle price cuts and an expected drop in credit purchases from legacy automakers building their own EV fleets. Megapack and Powerwall deployment rates

WBD's Greifeneder Wins Deadline German TV Disruptor Award

Anke Greifeneder, a programming executive at Warner Bros. Discovery and HBO Max, will receive Deadline's 2026 German TV Disruptor award at Seriencamp in Cologne. The recognition highlights the growing strategic weight of local-language programming executives within major streaming platforms competing in European

Modi Inaugurates India's First Integrated Refinery-Petrochemical Complex

Prime Minister Narendra Modi will inaugurate India's first greenfield integrated refinery-cum-petrochemical complex at Pachpadra, Rajasthan. The integrated configuration combines refining and petrochemical output under one facility, with potential to reduce import dependence for both fuels and chemical intermediates in

Fire Hits HPCL Rajasthan Refinery Day Before Modi Inauguration

A fire broke out at the HRRL refinery in Rajasthan just one day before Prime Minister Modi was set to inaugurate the ₹79,459 crore joint venture between HPCL and the Rajasthan government. The incident raises questions about commissioning readiness and could delay the formal launch of one of India's major downstream

India T&D Sector Targets INR 9 Trillion Capex by 2032

India's power transmission and distribution sector is projected to attract INR 9 trillion in capital expenditure through 2032. Supply-side constraints, including high capacity utilization and extended lead times for high-voltage transformers, are creating near-term ordering delays but do not alter the long-term demand

Groww Doubles Profit, Revenue Hits Rs 1,505 Cr

Groww reported Rs 686 crore in net profit for Q4 FY26, more than doubling year-on-year, as revenue from operations jumped 88% to Rs 1,505 crore. The results reinforce Groww's position as one of India's most profitable fintech platforms amid a retail investing boom. Financials were sourced from NSE filings; further

Razorpay Eyes IPO at $5, 6 Billion, Below Last Valuation

Razorpay is targeting a confidential IPO filing in India, seeking $600, 700 million at a $5, 6 billion valuation, down sharply from its $7.5 billion private mark. The listing faces scrutiny on growth sustainability and profitability, with peer PhonePe having paused its $1.3 billion IPO last month over West Asia conflict

Super Mario Franchise Crosses $2B With Galaxy Movie

Super Mario Galaxy Movie generated $83.2M globally this weekend, pushing its cumulative gross to $747.4M worldwide. The result drives the two-film Illumination-Nintendo-Universal franchise past $2 billion in total box office, a milestone reached across only two releases.

Ergen's SpaceX Stake Poised for Billion-Dollar Gain

Charlie Ergen, founder of EchoStar and Dish Network, is positioned for a multi-billion-dollar gain on a SpaceX equity stake. The holding is notable given SpaceX's soaring private valuation and its direct competition with Ergen's satellite broadband businesses. Specific transaction details and any liquidity timeline

L3Harris Wins $465M Army Night-Vision Contract

L3Harris Technologies has won a $465 million U.S. Army contract to develop a next-generation night-vision system, expanding its electro-optical and infrared sensing portfolio. The award reinforces L3Harris's position in soldier modernization programs and could carry follow-on production options that push total contract

HCLTech Board Meets April 20-21 for Q4FY26 Results

HCLTech's Board of Directors will meet on April 20-21 to approve Q4FY26 earnings and consider a dividend declaration. The results will serve as an early indicator of IT sector demand, with analysts focused on revenue growth, EBIT margins, and FY27 guidance. An earnings call is expected to follow the board session.

Ford CEO Calls For Full Ban On Chinese EVs

Ford CEO Jim Farley publicly called for Chinese EVs to be excluded from the US market, saying the country 'should not let them into our country.' The statement intensifies automaker pressure on policymakers as 100% tariffs on Chinese EVs already hold. It positions Ford as a vocal advocate for sustained trade barriers