Commins India

Cummins India Keeps Debt Low Despite Expansion Plans

Cummins India is growing fast. We see new factories being built, emission rules tightening, and demand rising from data centers, infrastructure, and industry. Yet, even with all these expansion plans, Cummins India carries almost no long-term debt. Their debt-to-equity ratio fell from about 11.6 % in FY2020 to just 1.9 % in FY2024. We find…

MIDC

Kharadi IT Firms Hit as MIDC Imposes Highest Water Tariffs in State

Kharadi in Pune has become a fast-growing IT hub. Big tech firms, startups, and professionals thrive here. But now, this success is under strain. The Maharashtra Industrial Development Corporation, better known as MIDC, has imposed the highest industrial water tariff in the state for Kharadi IT firms. This move will raise costs. It may slow…

Vishal Sikka

Vishal Sikka vs Narayana Murthy Clash: $45 Billion AI Opportunity Lost

Infosys is a giant in IT services. In 2014, the firm hired Vishal Sikka as its first non-founder CEO. He arrived with a clear aim: to move Infosys from pure services into AI, automation, and product-style platforms. Sikka pushed hard for new AI tools such as Mana and later Nia. These platforms were meant to…