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Company News: Courtesy Hindu Business Line
The facility will strengthen the company’s in-house printed circuit board assembly (PCBA) capabilities and enable it to deliver integrated electronics manufacturing solutions to OEMs
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The campaign was conceived, produced and rolled out in under three days, leveraging Prachar Communications decade-long partnership with Manyavar
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Recent strategic investments — such as Marico acquiring a majority stake in nutrition brand Cosmix and Dabur picking up a stake in skincare label RAS Luxury Skincare — are early signals of a broader consolidation wave in India’s consumer start-up ecosystem
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MM Forgings plans to deploy up to 150 robots amid manpower shortage
Mon, 09 Mar 2026
Each robot can replace roughly 3 per cent, said Krishnan, adding that the manufacturing sector faces stiff competition for workers from the services industry.
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ABB to invest $75 million in India to expand manufacturing and R&D
Mon, 09 Mar 2026
The investment will support operations in electrification, motion and automation. It will also support sectors such as renewable energy, metro rail, data centres and power infrastructure
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Tech Mahindra denies rumours of massive layoffs
Mon, 09 Mar 2026Saint-Gobain India -Gyproc commissions new plant in Visakhapatnam
Mon, 09 Mar 2026
Commissioned in December 2025, the state-of-the-art plant has an annual production capacity of 5 million square metres and will manufacture Gyprex PVC Laminated Gypsum ceiling tiles.
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The founding team of Pahadi Local will continue to guide the brand’s creative direction and product development, ensuring continuity in its approach to natural formulations and community-linked sourcing
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Versuni to double airfryer output at Ahmedabad facility to 2 million units; expands Chennai plant
Mon, 09 Mar 2026
New unit in Chennai to strengthen the company’s local production capabilities across high-growth appliance categories
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Firm to file its draft prospectus later this year, according to people familiar with the development.
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HGS unit signs UP broadband deal to connect 2 million homes
Mon, 09 Mar 2026
The agreement was signed in Lucknow by Manoj Kumar Singh, CEO of STC, and Vynsley Fernandes, Whole-Time Director of HGS and MD & CEO of OIL, in the presence of Suresh Kumar Khanna, UP’s Minister for Finance & Parliamentary Affairs.
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The company had exceptional charges of ₹93.70 crore, including brand impairment, asset write-downs, and one-off establishment costs
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