Promoters of Macrotech Developers repay Rs 1,596 cr debt to company

Varroc Appoints Padmanabh Sinha as Independent Director

Varroc, a leading global Tier-1 automotive supplier, has announced the appointment of Padmanabh Sinha as an Independent Director on its Board, effective 18 July 2025. This marks Sinha’s return to the Varroc Board, reinforcing the company’s focus on governance, strategic oversight, and long-term value creation.With over 25 years of experience in private equity and technology entrepreneurship, Sinha has held leadership roles at several prominent global and domestic investment institutions. His expertise spans capital allocation, investment stewardship, and value creation across economic cycl..

Mastek Reports 12.5% Y-o-Y Revenue Growth in Q1FY26

Mastek, a trusted provider of AI-first digital engineering and cloud transformation services, reported consolidated revenue of Rs 9.14 billion for the first quarter of FY26, registering a year-on-year (Y-o-Y) growth of 12.5 per cent in rupee terms for the period ended 30 June 2025.The company’s performance was driven by strong growth in the UK and Europe, particularly across healthcare and secured government services. While the US business experienced some challenges in select accounts, Mastek noted that the pipeline and order backlog remain robust.Operating EBITDA stood at 15.0 per cent, wi..

Sona Comstar Enters China EV Market with Strategic JV

Sona BLW Precision Forgings (Sona Comstar), a leading global provider of mobility technology solutions, has signed a binding term sheet with Jinnaite Machinery Co, (JNT) to form a joint venture (JV) in China. The JV will manufacture and supply driveline systems and components to automotive OEMs in China and global markets.Under the agreement, Sona Comstar will invest $12 million, while JNT will contribute $8 million worth of assets and business in the first phase. The JV is slated to begin operations in the second half of the current financial year.This marks a significant step in Sona Comstar..