Company News

AI-driven coding delivering real productivity gains, says Zoho's Vembu

Sridhar Vembu says AI-driven coding is making dramatic productivity gains and transforming software work, even as Zoho broadens its ambitions into deep-tech fields such as hardware and quantum sensing

Peak XV closes $1.3 bn across India and APAC funds after Sequoia split

Peak XV Partners has closed $1.3 bn across three funds-its first independent raise since parting from Sequoia-targeting AI, fintech, consumer tech and deeptech ventures in India and APAC

TCS CEO & MD K Krithivasan sees no major shrinkage of jobs due to AI

TCS CEO K Krithivasan said AI will not cause significant job shrinkage in software engineering, noting evolving roles and sustained need for system integration despite rising automation

Novartis AG to exit listed India unit in $159 mn deal with ChrysCapital

Novartis AG will divest its entire stake in Novartis India to a ChrysCapital-led consortium for Rs 1,446 crore, triggering an open offer that could push the deal size to nearly Rs 2,000 crore

Tata Motors to widen BaaS beyond Punch.ev to lift entry-level EV adoption

Tata Motors aims to drive EV uptake in the sub-Rs 12 lakh segment by extending battery-as-a-service beyond Punch.ev, targeting buyers who need lower upfront prices and usable range

Grads with AI skills 60% of TCS' fresher hiring: HR head Sudeep Kunnumal

TCS is rapidly increasing hiring of engineering graduates with specialised AI and digital skills, with high-skill cadres now accounting for 60% of fresher intake as it pursues an AI-first strategy

Sebi pursues fund diversion allegations against Zee Entertainment

The regulatory scrutiny was a key obstacle to Zee's merger with Sony, which was abandoned in January 2024 after two years of legal disputes

JSW Infra approves equity fundraise to fuel growth, meet MPS norms

JSW Infra will raise up to 25 crore equity shares to support expansion and comply with Sebi's 25% public shareholding rule, as it targets 400 MTPA capacity and major logistics investments

SBI in talks with Japanese lenders for acquisition financing: C S Setty

It has nearly ₹1 trn capacity to lend towards this segment; bank to file prospectus with Sebi by March for SBI MF IPO

UPL to spin off crop protection business into separate listed entity

UPL will demerge and consolidate its India and global crop protection businesses into a new listed entity, UPL Global, enabling focused value discovery across the group's operations

Heritage Foods follows stringent quality norms, empowers farmers: MD

She also asserted that the firm adheres to stringent quality testing procedures to ensure highest standards in its products

L&T's Vyoma signs pact with Lexlegis to host Legal AI on sovereign cloud

The collaboration will see Lexlegis Legal AI hosted and operated on Vyoma's Sovereign Cloud, ensuring that sensitive legal and regulatory data remains stored within India

Qualcomm, Tata Electronics sign deal to make automotive modules in Assam

The collaboration aims to enable local production of automotive technologies for digital cockpits, infotainment, connectivity, and intelligent vehicle systems

Novartis to sell majority stake in India unit in ₹1,446 crore deal

The consortium will offer ​Novartis India's ‌public shareholders ₹860.64 per share, ‌an exchange filing showed, representing a 3.6 per cent ‌premium to ​its closing ​price on Thursday

Ola Electric plans to cut store count to 550 amid market share slump

Ola Electric reportedly plans to cut its store count to about 550 by March as sales slow, market share falls sharply and the company restructures operations to reduce costs

Anil Ambani tells Supreme Court he won't leave India without nod

Anil Ambani submits an affidavit to the Supreme Court stating he will not travel abroad without permission and will continue cooperating with ED and CBI in the RCOM fraud investigations

₹10 trillion over 7 years: Reliance Industries makes bold bet on AI

Ambani says move will cut cost of intelligence as 'we did' with data

MSEDCL plans year-end IPO, to hive off agricultural load into new firm

Maharashtra discom to separate agri load, shift it to solar DRE projects and clean up its balance sheet before launching an IPO targeting up to 10% government stake dilution

ASG, YM Infra launch ₹2,800 cr luxury tower in Marine Lines, Mumbai

One Marina, a 74-storey project with a ₹2,800 crore GDV, marks ASG's push in South Mumbai as developers expand portfolios through joint ventures and acquisitions

Govt forms high-level committee to monitor progress of PFC-REC merger

High-level committee and working group to oversee personnel integration, restructuring, technology alignment and regulatory approvals for the proposed merger