Company News

Too early to gauge war impact on EV demand: VinFast India CEO Tapan Ghosh

VinFast on Wednesday launched the VF MPV 7, a premium electric seven-seater designed for families

TCS slows dividend tap to fund AI push, cuts payouts for second year

The company cut dividend payout and increases retained earnings as it seeks to make new investments in AI space and data centres

Databricks targets $1 billion revenue in India: Kamalkanth Tummala

Tummala, who joined last year from Salesforce, explained Databricks has done "exceptionally well" for any new company in India when it comes to engineering

Applied Materials bets on India as critical hub for R&D, innovation push

Avi Avula says India can lead global innovation by linking chip design, prototyping and manufacturing, as applied materials deepens R&D investment and ecosystem partnerships

ED arrests ex-ADAG executive Amitabh Jhunjhunwala in loan fraud case

Jhunjhunwala had been a director of Reliance Capital Ltd, the holding company of RHFL and RCFL, from March 2003-September 2019

Govt notifies SEZ for Tata Semiconductor Manufacturing at Dholera

The company has proposed an investment of Rs 91,000 crore to set up India's first chip fabrication unit

Infosys signs Carlos Alcaraz as global ambassador, leverages AI for tennis

IT services company Infosys on Wednesday announced it has signed up seven-time Grand Slam Champion Carlos Alcaraz as its global brand ambassador.

Flipkart, Uber tie up to offer SuperCoins rewards on rides to boost loyalty

Users can earn SuperCoins on Uber rides by linking Flipkart accounts, as both platforms expand loyalty programmes into everyday services such as mobility and travel

HAL, GE sign tech deal to jointly make jet engines, boost defence ties

The pact includes the transfer of manufacturing expertise to India and will be followed by a final contract

Wipro to acquire select Alpha Net customer contracts for up to $70.8 mn

The deal involves cash purchase consideration of up to $70.8 million, subject to closing adjustments

Adani Energy begins operation of 1,000 MW power transmission line in Mumbai

The high-voltage direct current transmission link has been designed to operate within the constraints of a densely built urban environment

Paytm becomes majority Indian-owned as domestic stake rises to 50.3%

One 97 Communications Ltd, which operates the Paytm brand, has become a majority Indian-owned and controlled company after domestic investors increased their stake to 50.3 per cent as of March-end 2026.

BSNL leverages Samay Raina's popularity to promote services in X post

State-run BSNL used stand-up comic Samay Raina's popularity in a social media post to promote its services as it expands 4G rollout and looks to grow its customer base

'No pressure to go IPO': PhonePe doubles down on AI transformation push

With its listing paused amid West Asia tensions, the Walmart-backed fintech is racing to automate operations for 650 million users

Bike, auto services do not compete with each other in India market: Uber

Uber says Bike and Auto services are complementary in India, expanding the ride-hailing market and serving distinct mobility needs without cannibalising demand

Google launches Personal Intelligence feature for Gemini users in India

Google rolls out Personal Intelligence for Gemini users in India, enabling personalised responses using Gmail, Photos and other apps, with privacy controls and gradual access

Nuvoco Vistas Q4 FY26 profit falls 15% despite rise in revenue, volumes

Nuvoco Vistas reports a 15 per cent year-on-year decline in Q4 FY26 profit, even as revenue, volumes, and Ebitda grew on strong demand and premiumisation

PhysicsWallah set to acquire stake in test-prep platform Rojgar With Ankit

While the financial details are not known, according to sources the transaction is likely to be valued at around Rs 300-400 crore

Everstone invests $270 mn in Apothecon-Navinta specialty pharma platform

The deal creates Apothecon Group, a specialty pharma company focused on regulated markets in the US, Europe and India, with plans to expand its pipeline, footprint and acquisitions

GAIL to invest Rs 3,800 crore in 700 MW solar projects in UP, Maharashtra

GAIL will set up 700 MW solar projects in Uttar Pradesh and Maharashtra, taking its renewable capacity to over 1,000 MW and supporting its net zero and energy transition goals