Company News

Odisha to house HCLTech's first data centre; ₹15,000 cr AI push planned

A first of its kind project in India, the facility will provide secure, scalable and inclusive digital infrastructure for government, research institutions, startups and enterprises

Oriflame to sell India manufacturing operations to Akums subsidiary

The Swedish beauty brand will retain its commercial operations in India while entering a long-term manufacturing and supply partnership with Akums

Adani Energy bags ₹8,500 cr Andhra transmission project for green molecules

The inter-state transmission project in Andhra Pradesh will supply power to proposed green hydrogen and green ammonia projects in Vizag and be completed in 30 months

Bupa open to raising stake in Niva Bupa

Bupa is open to increasing its stake in Niva Bupa as its India business outperforms global operations, with the insurer also focusing investments on technology and distribution

Tata Consulting Engineers targets $1 billion revenue milestone by FY31

The Tata Group engineering consultancy is betting on energy, semiconductors, metals, infrastructure and manufacturing to triple its business over the next five years

Bain Capital to acquire UK vitamins maker Vitabiotics in $1.2 billion deal

The private equity firm will back the 55-year-old company's global expansion, with its Asia team leading growth in India, the Middle East and China

PTC Industries bags order from Gun Factory Kanpur for artillery components

The company will develop and manufacture two major artillery gun components, building on its work for BAE Systems' M777 howitzer programme

HCLTech announces first AI data centre in partnership with Sarvam in Odisha

HCLTech said the planned capital outlay for the project will be around ₹14,257 crore, including financial assistance from the Odisha government.

Coforge bags $230 million AI transformation deal from European client

The five-year contract is among the company's largest AI-led transformation engagements in Europe and underscores rising enterprise spending on AI-driven digital modernisation

Primus, HDFC Capital partner to launch ₹2,000 cr senior living platform

The platform will develop ownership- and rental-led senior living communities across six cities, aiming to turn the underserved segment into a mainstream asset class

Highway Infrastructure bags ₹28.69 crore toll operations contract from NHAI

The company said the contract is expected to strengthen its toll operations portfolio, enhance revenue visibility and expand its geographic footprint in South India.

Coforge secures $230 mn AI transformation contract with European client

The contract is expected to improve decision-making, boost productivity, reduce manual effort and speed up service delivery, Coforge said in an exchange ​filing

L&T Heavy Engineering lands large global orders worth up to ₹5,000 crore

L&T said it has received a repeat order from a Japanese customer to manufacture and supply heat exchangers and absorbers for an LNG project in Canada.

Adani Group denies airline launch reports, rules out aviation entry

Adani Enterprises has ruled out plans to launch an airline, saying reports about its entry into the aviation business are baseless

Flipkart set to enter online food delivery with Bengaluru pilot next month

Bengaluru pilot in August as firm expands its consumer ecosystem

ITC re-architecting cigarette portfolio after tax hike: CMD Sanjiv Puri

The ITC chief said the company is pursuing calibrated pricing and portfolio innovation to curb illicit trade while continuing investments to diversify beyond cigarettes

UltraTech Cement board approves ₹5,000 crore fundraise through NCDs

The cement major will issue up to 500,000 unsecured, listed and redeemable debentures through private placement as it advances a ₹17,000 crore capacity expansion plan

Hindalco Industries lines up potential ₹1 trillion investment in India

Speaking at the 67th AGM, Birla said, "Across our businesses, Hindalco is executing an unprecedented investment to enhance capacities in our mines, upstream and downstream operations in India."

NCLT pauses Byju's insolvency bidding till Aug 31, giving founders relief

The tribunal stayed the bidding process after Byju Raveendran and Riju Ravindran challenged the admission of a ₹11,433 crore claim by US term loan lenders

Ashiss Dash to be Infosys CEO; to take over from Salil Parekh in April 2027

The Infosys veteran will take over as chief executive officer and managing director from April 1, 2027, after Salil Parekh completes his second term at the IT major