GROWiT India, a rapidly emerging player in the agritech sector, has raised USD 3 million in a Series A funding round to advance its mission of revolutionizing Indian agriculture through technology-driven solutions. The round was led by GVFL, with support from several prominent investors including Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures, and Hyderabad Angels.

Juniper Green Energy, a fast-growing player in India’s renewable energy sector, has restructured itself into a public limited company, signaling a critical step toward launching its initial public offering (IPO). The company, which recently surpassed 1.1 GWp in operational renewable energy capacity, has been renamed Juniper Green Energy Ltd, as per filings with the Ministry of Corporate Affairs. Backed by AT Capital Group, the firm plans to file its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) in the coming weeks.

Dispelling recent rumors of a possible exit from India, Nissan has made it unequivocally clear that it remains deeply committed to the Indian automotive landscape. The Japanese automaker plans to launch three new vehicles by early 2027, expand its dealership footprint, and target robust domestic and export sales. Additionally, Nissan is rolling out a government-approved CNG retrofitment for its popular Magnite SUV, beginning with a phased launch across seven states.

In a bold move that fuses artificial intelligence with encrypted messaging, Elon Musk’s xAI has struck a $300 million deal with Telegram to integrate its AI assistant, Grok, into the platform. The agreement grants Telegram access to xAI’s technology for one year and includes a revenue-sharing model that gives the messaging app 50% of subscription income generated via its platform. Telegram, led by the often-controversial Pavel Durov, joins a growing cohort of social platforms embedding AI into user experiences.

In a landmark intervention underscoring growing scrutiny of corporate governance in India, the National Company Law Tribunal (NCLT) has authorized the central government to freeze the financial assets of Gensol Engineering Ltd., its subsidiaries, and key individuals associated with the company. The decision follows a series of investigative reports by multiple regulatory agencies uncovering a complex web of financial misconduct, including diversion of funds, fraudulent asset reporting, and manipulation of share prices. With Rs.

Zuari Industries Ltd. recorded a consolidated net loss of Rs 20.75 crore in the fourth quarter of the fiscal year 2024-25, primarily attributed to exceptional losses, a sharp reversal from the Rs 63.37 crore profit reported in the same quarter last year. Despite the bottom-line setback, total income for the quarter rose modestly to Rs 272.26 crore from Rs 262.40 crore in the prior year. For the full fiscal year, the company’s revenue increased to Rs 970.33 crore, up from Rs 837.80 crore in 2023-24.

Apollo Micro Systems Ltd (AMSL), a prominent Indian aerospace and defense technology firm, has announced a significant export contract worth USD 13.36 million (approximately Rs 113.81 crore). The order involves the development of a sophisticated avionics system tailored for both civil and military aircraft applications. While details remain confidential under a non-disclosure agreement, this deal underscores AMSL’s growing stature in the global aerospace sector.

In a pointed critique of India’s current economic trajectory, Samajwadi Party leader Akhilesh Yadav has alleged that the country’s growing income disparity and uneven development stem from a steady decline in domestic manufacturing. In a social media statement, Yadav contended that major industrial conglomerates are increasingly pivoting away from production toward trading, eroding the value of indigenous resources and skills.

Schaeffler India has intensified its strategic investment in the domestic automotive sector, committing Rs 1,700 crore over the past three years to broaden its capabilities in powertrain and e-mobility technologies. The company recently inaugurated a state-of-the-art manufacturing plant in Shoolagiri, Tamil Nadu, designed to produce advanced conventional and electrified powertrain components, including planetary gear systems and hybrid transmission parts.

Granules India delivered a robust financial performance in the quarter ended March 31, 2025, with consolidated profit after tax (PAT) rising 17% year-over-year to Rs 152 crore, buoyed by an 18% growth in its high-margin formulations segment. Despite a marginal revenue dip in FY25 to Rs 4,482 crore from Rs 4,506 crore the prior year, the Hyderabad-based pharmaceutical company maintained steady sales and strong cash flow. Strategic emphasis on product mix optimization and expansion of non-legacy molecules underpinned the firm’s resilient profitability.