Company News

Corporate order flows sharply down amid West Asia conflict: CMIE

Corporate order inflows hit a 13-month low in May as weak demand, geopolitical tensions and cautious private investment weigh on project awards

Renault India starts exports of Duster; first shipment to South Africa

The first shipment of 750 vehicles departed from Chennai to South Africa, marking the beginning of Renault India's export programme for the new Duster

Bajaj Auto seeks dues from Maharashtra, explores new investment destination

Automaker seeks clearance of pending subsidies and incentives while evaluating Tamil Nadu and Karnataka for new EV and three-wheeler manufacturing facilities

Info Edge invested in over 50 AI, deep-tech companies since 2020

Naukri parent has invested more than Rs 1,000 crore across over 50 AI and deep-tech startups since 2020, with its overall startup portfolio now valued at Rs 41,300 crore

Tata Electronics hit by cyber breach exposing Apple, Tesla trade secrets

Tata Electronics reports a cyber incident after hackers allegedly leaked Apple and Tesla-related design and manufacturing files on the dark web

Amazon India's new engine: Everyday essentials, in minutes to next day

Half of all orders are now daily essentials, as the e-commerce giant sees speed and selection locking in shopper loyalty

Zee partners with Bradford License India to expand its entertainment IPs

The partnership aims to extend Zee's content properties into consumer products, retail activations, licensing programmes and experiential offerings across categories

Waterways Leisure allots shares worth ₹263 crore to anchor investors

Cruise operator raises Rs 263.25 crore from marquee anchor investors ahead of its Rs 585-crore IPO, which opens for public subscription on Tuesday

Meta taps Kunal Shah to head WhatsApp as part of $900 mn Cred investment

The investment gives Meta a roughly 20 per cent stake in Cred, which operates an app that rewards customers for paying their credit card bills on time

Startup discovery platform Ideabaaz buys stake in KickSky Space Lab

The partnership aims to identify, support and scale Indian deep-tech and space-tech startups by connecting founders with specialised networks, investors and global growth opportunities

Smartworks renews lease for 2.3 lakh sq ft office space in Hyderabad

Co-working and flex-space provider commits Rs 121 crore over five years for Hyderabad office space as it pursues expansion across key urban and Tier-I markets

Reliance's AI strategy bets on compute, power and connectivity at scale

Reliance's AGM showed the conglomerate is shifting from being viewed as an energy-retail giant to an AI infrastructure player built around data centres, compute, connectivity, and power

WazirX bets on AI, futures trading to fuel comeback after $235-mn hack

The AI tool is expected to help users execute trades, conduct research, analyse market sentiment and evaluate investment opportunities

Krafton India makes strategic investment in Bitkraft Ventures' global fund

Krafton India on Monday announced a strategic investment in Bitkraft Ventures' Global Fund, underscoring its commitment to supporting the growth of India's gaming and startup ecosystem.

IPO-bound Laxyo expands operations in Africa, bags ₹200-cr order in Zambia

The project, being executed through its subsidiary, Laxyo Evapeta Zambia Ltd, represents the company's first overseas raise-boring contract and currently accounts for 12.6% of its total order book

Nayara Energy crosses 7,000 petrol pumps in India, expands retail network

The company in a statement said it added more than 500 outlets over the past 18 months, equivalent to nearly one new station a day, as it continued to invest in strengthening its nationwide retail net

ArcelorMittal ties with Amazon Web Services to automate global operations

The firm will converge some of its operational technology and information technology on AWS infra, designed for security and scale, extending cloud and AI to the edge of its production environments

IHG Hotels & Resorts to develop 115-key Holiday Inn hotel in Mathura

The hotel is scheduled to open in early 2030 and will offer 115 rooms and suites, the global hospitality company said in a statement

Maruti Suzuki to set up advanced manufacturing labs at 5 Gujarat ITIs

Maruti Suzuki will establish Advanced Manufacturing Labs at five ITIs in Gujarat to strengthen industry-ready skills and support the state's expanding automotive manufacturing ecosystem

Aurobindo Pharma gets US FTC nod for $250 million acquisition of Lannett

The transaction, valued at $250 million on a cash-free, debt-free basis and inclusive of normalised working capital, is expected to close before the end of this month