Business

A Delhi court has issued an injunction restraining the use of the brand name ‘Karim’s Food’, following a trademark infringement suit filed by the iconic Mughlai restaurant chain Karim Hotel Pvt. Ltd., known for its historic eatery near Jama Masjid. The court held that the defendants’ use of a deceptively similar name amounted to misrepresentation and dilution of the original brand’s reputation. The ruling reinforces the protection of legacy trademarks and signals a strong stance against unfair competition in India’s hospitality sector.

Escorts Kubota Ltd. reported a 3.8% year-on-year rise in tractor sales for October 2025, reflecting a steady revival in rural sentiment and improved demand across key agricultural markets. The company sold 15,574 tractors during the month compared to 14,999 units in October 2024, supported by favorable monsoon patterns and higher kharif crop output. While domestic sales showed moderate growth, export volumes also held firm amid a challenging global environment.

Diversified conglomerate ITC Ltd reported a net profit of Rs 5,186.5 crore for the second quarter (Q2), reflecting resilience across its core businesses despite a challenging economic backdrop. The company’s robust performance was supported by steady growth in its FMCG, hotels, and agri-business divisions, even as its cigarettes segment faced subdued demand. Revenue came in at Rs 17,705.5 crore, demonstrating stability amid cost pressures and market headwinds.

Eastern Coalfields Limited (ECL), a subsidiary of Coal India Limited (CIL), has launched a forward-looking revenue-sharing model to revive discontinued and financially unviable coal mines. This initiative seeks to enhance production efficiency, attract private participation, and maximize resource utilization without burdening the company with fresh capital expenditure. By introducing a performance-linked structure, ECL aims to balance operational revival with financial prudence while supporting India’s broader energy security goals.

Honda Cars India Ltd (HCIL) posted a robust 15.3% year-on-year sales growth in October, fueled by festive-season demand and improved consumer sentiment across the passenger vehicle segment. The company sold 9,400 units domestically, compared to 8,150 units in the same month last year, marking a steady recovery in its performance. Backed by new launches and enhanced production efficiency, Honda continues to strengthen its foothold in the Indian automobile market amid evolving consumer preferences and intensifying competition.

In a major leadership development for India’s energy sector, Sanoj Kumar Jha has been appointed as the new Chairman and Managing Director (CMD) of Coal India Limited (CIL), the country’s largest coal producer and a key player in the nation’s energy ecosystem. His appointment comes at a critical juncture as CIL navigates challenges related to production efficiency, sustainability goals, and the global transition toward cleaner energy sources.

In a significant step toward advancing India’s electric mobility ecosystem, Jio-bp, the joint venture between Reliance Industries and bp, inaugurated a new EV charging hub in Devanahalli, Bengaluru. Positioned strategically near the Kempegowda International Airport, the facility aims to support the growing demand for electric vehicle (EV) infrastructure in one of the country’s fastest-growing urban corridors.

Investigative portal Cobrapost has alleged that companies within the Anil Ambani-led Reliance ADA Group were involved in large-scale fund diversion through complex offshore transactions and shell entities. The report claims that the conglomerate used a network of intermediaries to channel money abroad, potentially violating foreign exchange and corporate governance laws.

Commerce and Industry Minister Piyush Goyal has urged India’s electronics manufacturing sector to embrace self-reliance and technological innovation to reduce import dependence and enhance global competitiveness. Addressing industry leaders, Goyal emphasized the need to strengthen domestic supply chains, foster component manufacturing, and create globally recognized brands under the ‘Make in India’ initiative.

The Gujarat Maritime Board (GMB) and APM Terminals have announced a joint investment of Rs 17,000 crore to expand and modernize port infrastructure in Gujarat, aiming to bolster India’s maritime trade capabilities and global logistics competitiveness. The ambitious project focuses on enhancing cargo handling efficiency, developing green logistics infrastructure, and supporting the state’s vision of becoming a leading maritime hub.