Business

Mumbai, Wednesday, December 31, 2025 – CarTrade Tech Limited (BSE: 543333 | NSE: CARTRADE) on Wednesday informed stock exchanges that it has shared an investor communication outlining its three-year growth journey and strategic direction ahead.The company stated that the investor communication covering its three-year growth story has been shared in accordance with applicable disclosure requirements and has also been made available on the company’s website .Investor Communication Details Three-Year Growth Snapshot In the investor message dated December 31, 2025, the company stated that the past three years represented a period of growth, operational progress, and resilience.As per the investor communication, the company highlighted...

Mumbai, December 31, 2025: Vedanta Limited (NSE: VEDL, BSE: 500295) has received two separate tax-related orders pertaining to earlier financial years, involving penalties along with tax demand and applicable interest, as per an official communication issued by the company on Wednesday. The first order relates to a dispute on input tax credit for the period from FY2018-19 to FY2020-21. The order confirms a penalty amounting to ₹18.53 lakh, along with the associated tax demand and interest. The matter pertains to the eligibility of certain credits claimed during the said period. The second order concerns a difference in turnover reported between statutory financial statements and the annual GST reconciliation statement for FY2018-19. In...

Mumbai, December 31, 2025: Creative Newtech Limited (NSE: CNL, BSE: 544631) has announced the execution of a pan-India distribution agreement with EIZO Private Limited, the Indian subsidiary of EIZO Corporation, Japan. The agreement positions Creative Newtech as the distribution and solution integration partner for EIZO’s surveillance and professional imaging portfolio across India.Partnership Scope and Coverage Under the agreement, Creative Newtech will lead market development, nationwide distribution, and solution integration for EIZO’s surveillance and imaging solutions. The collaboration covers applications across security surveillance, command and control centers, industrial sites, air traffic control environments, healthcare...

Bengaluru, December 31, 2025: Royal Orchid Hotels Ltd (BSE: 532699, NSE: ROHLTD) has announced the launch of Regenta Z Vadodara in Gujarat, marking its fourth property in the city and strengthening its presence in one of India’s key commercial centres.Fourth Property in Vadodara The newly launched hotel adds to Royal Orchid Hotels’ existing portfolio in Vadodara, which includes Royal Orchid Central, Regenta Inn, and Regenta Fairlark. With this addition, the company now operates four properties in the city, aligning with its strategy to expand across high-growth urban markets through differentiated brand offerings.Introduction of Regenta Z Brand in Gujarat Regenta Z is a recently introduced brand under the Royal Orchid Hotels...

Ahmedabad, December 31, 2025: Adani Green Energy Limited (NSE: ADANIGREEN, BSE: 541450) has operationalized renewable power projects aggregating 307.4 MW at Khavda, Gujarat through its step-down subsidiaries, as part of its ongoing project execution. Following the commissioning of these projects, the company’s total operational renewable generation capacity has increased to 17,237.2 MW. The decision to operationalize the plants was taken at 7:47 a.m. on December 31, 2025, based on the relevant clearances. Power generation from these projects will commence from January 1, 2026. Details of Operationalized ProjectsName of SubsidiaryType of ProjectCapacity (MW)Adani Renewable Energy Forty One LimitedWind0.2Adani Green Energy Twenty...

Bengaluru, Tuesday, December 30, 2025: Ola Electric Mobility Limited announced a key milestone in its electric mobility roadmap, with its flagship electric motorcycle, the Roadster X+, receiving formal certification for road use in India. The approval clears the way for the company to begin customer deliveries of the model in the domestic market.The Roadster X+ is the first electric motorcycle in India to be powered by an entirely in-house developed 4680 Bharat Cell battery pack, underscoring Ola Electric’s push towards full vertical integration across cell design, battery manufacturing, and vehicle platforms.Industry-Leading Range Targets Wider Markets The Roadster X+ comes equipped with a 9.1 kWh battery pack and offers a claimed...

A Year Marked by Accidents, Disruptions and Operational Strain Indian aviation heads into 2026 seeking stability and long-term fixes after a year defined by accidents, large-scale disruptions, and regulatory challenges. The sector faced intense scrutiny in 2025 following multiple incidents that not only disrupted travel for thousands of passengers but also resulted in the loss of 260 lives.As the new year approaches, both industry stakeholders and passengers are focused on safety outcomes, operational resilience, and regulatory clarity. Central to these expectations is the awaited final investigation report into the A171 plane crash, alongside measures to improve helicopter safety in sensitive regions such as the Kedarnath valley and...

Obesity and Diabetes Therapies to Shape Next Phase of Expansion Improving access to new age medicines for obesity and diabetes over the coming years is expected to play a pivotal role in driving growth for India’s pharmaceutical industry, according to Sun Pharma Managing Director Kirti Ganorkar.Glucagon-like peptide-1 or GLP-1 receptor agonists are used in the treatment of type 2 diabetes, high blood sugar, and obesity by regulating insulin production. With obesity-linked lifestyle diseases rising sharply, India is increasingly positioning itself as a significant hub for the global weight management market, alongside its established strength in generic medicines.Ganorkar said that wider availability of GLP-1 therapies would help the...

Advisory Issued After Delays in Reporting Adverse Inputs The finance ministry has instructed public sector banks and financial institutions, including insurance companies, to immediately report vigilance-related matters involving whole-time directors of their respective organisations. The directive has been issued by the Department of Financial Services under the ministry.The move follows multiple instances where adverse information concerning board-level appointees was not disclosed in a timely manner, raising concerns over governance and transparency.Delayed Disclosure of Critical Vigilance Information Flagged According to the advisory, critical inputs such as private complaints, court observations, references, or communications...

Export sector adapts amid global disruptions and tariff pressures India’s export sector remained resilient in 2025 despite facing a sharp escalation in trade barriers, including a 50 per cent duty imposed by the United States on Indian goods. Exporters responded by diversifying markets and products, helping sustain export momentum, which is now expected to extend into 2026.Senior officials in the commerce ministry noted that India’s merchandise exports have repeatedly adapted to major global disruptions over the past few years. These include the Covid 19 pandemic, the Russia Ukraine conflict, the Israel Hamas war, the Red Sea shipping crisis, semiconductor supply constraints, and the latest round of high US tariffs.Merchandise...

Tribunal Flags Procedural Lapse in Rejection of Application In a relief to Culver Max Entertainment, formerly known as Sony Pictures Network India, the National Company Law Appellate Tribunal has set aside an earlier order that had rejected the broadcaster’s insolvency plea against an Odisha-based fintech firm.The appellate tribunal has remanded the matter to the Cuttack bench of the National Company Law Tribunal for a fresh hearing, directing that Culver Max be given an opportunity to cure procedural defects in its application.Opportunity to Rectify Defects Was Denied, Says NCLAT The NCLAT observed that the NCLT should have granted Culver Max an opportunity to rectify defects in its insolvency application instead of dismissing it...

Platforms Eye Next Phase of Expansion India’s food delivery market is entering a new phase of growth, with customer experience, faster delivery timelines and value consciousness expected to drive expansion in 2026. Industry leaders say evolving consumer habits and deeper merchant participation will shape the sector’s trajectory in the coming year.magicpin Focuses on Merchant Inclusion and Affordability Anshoo Sharma, Founder and CEO of magicpin, said future growth will come from expanding merchant inclusion while addressing the needs of value conscious consumers. He highlighted that the platform is onboarding a wide range of merchants, from single local restaurants to large brands and national chains, enabling them to compete...

Move Aims to Strengthen Governance and Unlock Value The Prime Minister’s Office has directed the Ministry of Coal to map and list all subsidiaries of Coal India Ltd by 2030, according to sources. The directive is aimed at improving governance standards, enhancing accountability, and unlocking value through asset monetisation across the state run coal major.Coal India accounts for more than 80 percent of India’s domestic coal production and operates through a network of subsidiaries that manage mining, planning, and related operations.Eight Subsidiaries Under the Listing Plan Coal India currently functions through eight subsidiaries:Eastern Coalfields Ltd Bharat Coking Coal Ltd Central Coalfields Ltd Western Coalfields Ltd South...