Business

Coforge has announced the acquisition of Encora in a $2.35 billion transaction, marking one of the most consequential consolidations in the mid-tier IT services space. The deal significantly expands Coforge’s digital engineering, cloud, and data capabilities while strengthening its presence in high-growth markets. By combining complementary client portfolios and delivery strengths, the acquisition positions Coforge for accelerated revenue growth and deeper engagement with large global enterprises.

Renault has announced a planned increase in vehicle prices effective January, citing persistent cost pressures across the automotive value chain. Rising input expenses, higher logistics costs, and ongoing investments in technology and regulatory compliance have collectively squeezed margins, prompting the automaker to recalibrate its pricing strategy. While the company has not disclosed the exact quantum of the hike, the adjustment is expected to vary by model and variant.

Infrastructure major KNR Constructions has exited four road development projects, indicating a strategic shift amid evolving market conditions and project execution challenges. The move reflects a broader trend among construction companies to reassess asset-heavy and capital-intensive ventures in favor of improving balance-sheet strength and return metrics. While the exits may have near-term revenue implications, analysts view the decision as a prudent step toward risk management and capital discipline.

India’s automobile industry is expected to deliver a measured yet resilient performance in 2026, supported by rising consumer demand, infrastructure expansion, and a broad-based product pipeline. While volume growth may moderate compared to post-pandemic highs, the sector is undergoing a structural transformation driven by electrification, premiumisation, and stricter regulatory norms. Automakers are recalibrating strategies to balance cost pressures with technology investments, particularly in electric and hybrid vehicles.

The Indian automobile industry is preparing for an aggressive product expansion in 2026, with more than 25 new car models expected to be launched across segments.

India’s insurance industry has expressed serious reservations about the proposed amendments to the country’s insurance legislation, warning that certain provisions could disrupt business models and weaken regulatory clarity. While the draft Insurance Amendment Bill is positioned as a reform-oriented measure aimed at improving efficiency and consumer protection, insurers argue that aspects of the proposal may increase compliance costs, create operational uncertainty, and deter long-term investment.

Global luggage giant Samsonite has officially designated India as its largest manufacturing base, underscoring the country’s strategic importance in the company’s global supply chain. The shift reflects India’s growing manufacturing capabilities, competitive labor costs, and access to emerging consumer markets. Samsonite’s decision signals confidence in India’s industrial infrastructure and aligns with broader trends of diversification away from traditional manufacturing hubs.

Saatvik Solar has secured a Rs. 486 crore order for the supply of solar modules, marking a significant milestone in the company’s growth trajectory and India’s clean energy expansion. The order underscores rising demand for domestically manufactured solar equipment as the country accelerates its transition toward renewable power. It also reflects growing confidence among project developers in local manufacturers with scalable capacity and consistent quality.

Vedanta Ltd.’s proposed demerger is being positioned as a shareholder-friendly restructuring, with the company assuring investors that dividend payouts will remain uninterrupted throughout and after the separation process. The plan involves splitting Vedanta into multiple sector-focused entities, each with its own balance sheet and strategic priorities. Management argues that the move will unlock value, improve operational focus and enhance capital allocation efficiency, while maintaining steady cash returns to shareholders.

Titan Co. Ltd.’s watch division is entering a decisive growth phase, with management projecting revenues to cross the Rs. 8,000-crore mark within the next two years. The expansion is being driven not by mass-market volumes, but by a deliberate shift toward premium and aspirational timepieces. As Indian consumers trade up and discretionary spending rebounds, Titan is capitalizing on strong brand equity, design-led innovation and deeper penetration in the luxury and smart-hybrid segments.