In a strategic resolution to a prolonged trademark conflict, Abhishek Lodha-led Macrotech Developers Ltd has officially rebranded itself as Lodha Developers Ltd, following approval from the Registrar of Companies. The move comes two months after a family-mediated settlement with Abhinandan Lodha, head of the House of Abhinandan Lodha (HoABL). As part of the agreement, both brothers now hold exclusive rights to their respective brands and have relinquished all claims against one another.

The Reserve Bank of India has approved the reappointment of Sandeep Batra as Executive Director of ICICI Bank for a further two-year term, beginning December 23, 2025, through December 22, 2027. Batra, who has overseen several critical functions at the bank since 2018, will continue to manage the Corporate Centre and play a key administrative role in risk management, internal audit, and compliance. ICICI Bank will seek shareholder approval for the extension in due course.

Jio BlackRock Mutual Fund, a newly formed joint venture between Jio Financial Services Ltd and U.S.-based asset management giant BlackRock, has officially introduced Aladdin—BlackRock’s proprietary investment analytics and risk management platform—to Indian investors. This rollout comes shortly after the company secured regulatory clearance from the Securities and Exchange Board of India (SEBI) to operate as a mutual fund.

In a move aimed at energizing India’s mid-market enterprise ecosystem, the International Finance Corporation (IFC), part of the World Bank Group, has pledged an equity investment of USD 60 million (approximately Rs. 510 crore) in Motilal Oswal Alternates’ latest private equity vehicle. The investment, targeting high-growth firms in sectors such as consumer, financial services, manufacturing, and life sciences, underscores a broader strategy to drive inclusive development, foster job creation, and bridge funding gaps in underpenetrated regions across India.

Energy Efficiency Services Limited (EESL), a public sector entity under India’s Ministry of Power, has announced the appointment of Akhilesh Kumar Dixit as its new Chief Executive Officer. With over three decades of experience in power transmission and corporate leadership, Dixit’s entry marks a strategic push to evolve EESL into a next-generation energy solutions firm.

Mercedes-Benz India is preparing for its third price hike in 2025, driven by the sharp depreciation of the Indian rupee against the euro. With a significant portion of its vehicles sourced from Europe, the luxury automaker faces escalating import costs, prompting a phased price increase strategy—each hike capped at 1.5%. However, amid rising input costs, the brand remains confident in its retail outlook, bolstered by interest rate cuts and a shift toward hyper-personalised, boutique showroom experiences.

In a bold move to reshape its industrial landscape and align with the national push toward clean mobility, the Uttar Pradesh government has unveiled plans to transform Kanpur into a premier electric vehicle (EV) manufacturing hub. With an investment of approximately Rs. 700 crore, the initiative—part of the Kanpur Metropolitan Development Vision 2030—aims to develop a state-of-the-art EV park near Bhimsen.

Global medtech leader Medtronic plc has announced a strategic investment of USD 50 million (approximately Rs. 430 crore) over five years to establish and expand a new Global Capability Centre (GCC) in Pune, India, focused exclusively on its diabetes business. The facility, unveiled this week, will serve as a hub for software development, service operations, and patient financial solutions.

ee Entertainment Enterprises Ltd. (ZEEL) has unveiled a Rs. 2,237.44 crore capital infusion plan through a preferential issue of convertible warrants to promoter group entities. The move, approved by the company’s board, is aimed at bolstering the company's balance sheet and funding future growth initiatives amid a rapidly evolving media and entertainment landscape. Once executed, the infusion will raise the promoter group’s stake from 3.99% to 18.39%. The issuance, priced at Rs.

Tata Consultancy Services (TCS) has joined forces with the Council of Europe Development Bank (CEB) to revamp and automate the bank’s reconciliation operations using its proprietary TCS BaNCS platform. By leveraging artificial intelligence and automation, the collaboration aims to increase operational transparency, reduce manual workloads, and accelerate transaction processing. The initiative represents a significant leap toward operational modernization within multilateral financial institutions, equipping CEB with a scalable and efficient digital backbone.