Tata Motors eyes FY27 PV growth as JLR prepares for Investor Day. Wipro opens an Anthropic Claude AI centre, Bharat Forge unveils Simha 4×4, FILA plan…
Tata Motors PV | Jaguar Land Rover (JLR) will hold its annual Investor Day on June 17, 2026, with Tata Motors Chairman N Chandrasekaran expressing confidence that Tata Motors Passenger Vehicles will deliver industry-leading growth in FY27, supported by a strong pipeline of new launches and multi-powertrain offerings. He also said TMPV and JLR will continue collaborating on manufacturing, technology and talent to enhance efficiencies and capital discipline.
Wipro Ltd | The IT firm launches an Applied AI Centre of Excellence for Anthropic Claude in Bengaluru, aims to scale enterprise AI, certify 10,000 staff, and deploy Claude across client and internal functions.
Bharat Forge | The IT firm gained attention after its wholly owned subsidiary, Kalyani Strategic Systems Ltd (KSSL), showcased the Simha 4×4, a next-generation light armoured multi-purpose vehicle, at the Eurosatory 2026 defence exhibition in Paris. The vehicle marks the latest addition to KSSL’s defence portfolio as the company seeks to strengthen its presence in international defence markets.
DOMS Industries | The company is likely to be in focus after promoter-group entity FILA signalled plans to sell up to a 7% stake in the company through a block deal. The base deal size is pegged at 5.2% equity with an option to upsize by 1.8%, while the floor price has been set at ₹2,100 per share, implying a discount of about 9% to the current market price. The total transaction size is estimated at around ₹892 crore.
General Insurance Corporation of India | The government’s stake sale in GIC Re saw strong demand, with the OFS subscribed 3.72 times on day one, leading to full exercise of the greenshoe option and raising the total divestment to about ₹3,088 crore. The move follows a series of successful disinvestment OFSs in Coal India, NHPC, Central Bank of India and NLC India, all of which saw strong investor participation.
Devyani International Ltd | DIL shares will be in focus as Yum! Brands’ largest franchisee, operates over 600 Pizza Hut outlets across India, as well as in Nepal and Nigeria. This comes as Yum Brands has agreed to sell the struggling Pizza Hut chain in a $2.7 billion deal as part of a broader strategic review of its portfolio.
