Indian Firms

Blue Cloud's US subsidiary will provide AI infrastructure, cybersecurity, telecommunications and data centre solutions to SpaceX International under an 18-month agreement

Engineering firm Case Group expects a two-fold jump in turnover to around Rs 200 crore this fiscal from Rs 100 crore in the last year, driven by a healthy order pipeline and planned capacity expansion, its Managing Director Roger Kumar said. The company, which manufactures coal gasifiers and other industrial equipment, asserted that order execution is not a challenge, even if the pipeline reaches Rs 500 crore. "We have the orders. Then it is hard work - how to execute them. That's all. We have a very strong after-sales team. They handle erection and commissioning, physically monitor the equipment and support the customer. So, on that basis, even if today we have orders worth Rs 500 crore, execution is not a problem," Kumar told PTI in an interview. The company has a pending order book of Rs 40 crore from the previous fiscal and expects more orders of Rs 60 crore in this year, Kumar said. Case Group is also setting up a new fabrication facility in Raipur with an investment of about

According to NSE Indices, the new benchmark is aimed at investors seeking ethical investment opportunities that incorporate animal welfare considerations into portfolio construction

The US has de-listed four Indian companies from its sanctions list, which were accused of supplying advanced technology and equipment for Russia's military-industrial base. The companies have been deleted from the Office of Foreign Assets Control's (OFAC) Specially Designated Nationals and Blocked Persons (SDN) List. The four companies include Hyderabad-based RRG Engineering Technologies Private Limited and Lokesh Machines Limited, Ahmedabad-based Galaxy Bearings and New Delhi-based Shaurya Aeronautics Private Limited, according to details shared by the US Department of the Treasury on Tuesday. The US had sanctioned Galaxy Bearings Ltd in October 2024, accusing it of exporting dozens of high-priority dual-use equipment, including roller bearings and roller assemblies, to Russian entities. Shaurya Aeronautics Private Ltd was sanctioned for allegedly sending shipments of radar apparatus, radio navigational aid apparatus, radio remote control apparatus and electrical apparatus to ...

A significant majority of Indian businesses report that external disruptions, such as climate shocks, infrastructure issues, and public health outbreaks, are impacting their ability to attract and retain talent, according to a report released on Tuesday. Nearly 50 per cent reported that disruptions already affect their ability to attract and retain talent, signalling that what began as a productivity issue has become a labour market concern, the Adecco India External Disruptions and Workforce Productivity Report said. The findings of the report are based on responses from 1,044 employers across Delhi-NCR, Mumbai, Chennai, Hyderabad and Bengaluru. Around 97 per cent of Indian businesses now experience external disruptions like climate shocks, infrastructure pressures and public-health outbreaks as a constant operational reality, according to the report. The report revealed that for organisations, the impact from these disruptions ranges from lower productivity, rising absenteeism a

Indian firms received significantly lower government support than their Chinese counterparts during 2005-2024, according to an OECD (Organisation for Economic Co-operation and Development) report. OECD MAGIC Database of Industrial Subsidies measures what firms actually receive (not what governments disclose), covering 525 of the world's largest manufacturers across 15 key sectors over 2005-24, through three instruments: grants, income-tax concessions, and below-market borrowings (cheap state-bank loans). "Between 2005 and 2024, Chinese firms received on average three to eight times more government support than firms based in the OECD, a conservative estimate. These subsidies were also considerably higher than the support received by firms based in non-OECD economies such as Brazil, India, and Indonesia," the report said. This reflects one of the key factors behind China's manufacturing competitiveness. The OECD is an inter-governmental body comprising 38 mostly advanced economies t

Japan now has a fully open capital account and a largely floating exchange rate, which absorbs external shocks

Brent crude has surged to a four-year high of $125 per barrel. But there’s an unexpected twist. Falling spot premiums are cushioning the blow for India’s oil companies.

India is a key target market for Canada under Prime Minister Mark Carney, who's set a goal of doubling the country's non-US trade in a decade

Russia's share in India's total fertiliser imports has grown from a mere 7.68 per cent in 2017-18 to almost 27 per cent in 2023-24, making it a significant player in India's fertiliser story

Even as AI is the buzzword across boardrooms in India, but true transformation is still taking shape with 45 per cent of Indian firms still at the early stage of adoption, a report said on Wednesday. While most organisations have embarked on their AI journey, many remain stuck in the early stages compared to global markets, which are in more advanced stages of AI adoption, payroll and HR platform Deel said in a report - AI at Work: The Role of AI in the Global Workforce. About 45 per cent of Indian firms are at the early stage of adoption, 38 per cent at the intermediate stage, and only 17 per cent at an advanced stage where AI is embedded in core business processes and innovation, revealed the report. The AI at Work: The Role of AI in the Global Workforce report by Deel is based on a survey conducted in September among 5,500 business leaders in 22 markets across the globe, including in India across sectors.. The report further revealed that while AI adoption is gaining momentum, o

EY-CII survey shows 47 percent have live GenAI use cases, though most spend less than 20 percent of IT budgets on AI

Nearly half of Indian enterprises have moved beyond AI pilots to active deployment, with 47 per cent reporting multiple Generative AI use cases now live in production, according to a joint EY-CII report. However, despite strong belief in AI's promise, investment levels remain conservative, with more than 95 per cent of firms maintaining AI and ML budgets below 20 per cent of overall IT spending. "...nearly half of Indian enterprises (47 per cent) now have multiple Generative AI (GenAI) use cases live, while 23 per cent are in pilot stage - marking a decisive shift from pilots to performance. Indian enterprises are demonstrating strong confidence by embedding AI into core business workflows to deliver measurable results. Notably, 76 per cent of business leaders believe that GenAI will have a significant business impact, and 63 per cent feel ready to leverage it effectively," the report noted. The EY-CII report 'The AIdea of India: Outlook 2026' is based on a survey of 200 Indian ...

Testing issues and actual implementations can have some differences. By and large it was working during testing

A large number of Indian businesses working on a global scale are returning home for listing on Mumbai bourses, given that Indian stocks are among the best performers in the world, according to Singapore-based legal experts. Quick-commerce unicorn Zepto and fintech firm Pine Labs are among those that have shifted their holding company from Singapore to India, said experts at Rajah & Tann Singapore (R&T), one of the largest law firms that handled the two Indian-origin companies' move to Mumbai. "Indian stock exchanges are one of the best as valuations are extremely high," said Vikna Rajah in his market trend observation as co-head of R&T's South Asia desk. "The Indian stock market is one of the strongest stock markets in the world for value creation," Rajah told PTI earlier this week. "It is interesting to see prospering cross-border businesses and higher entrepreneurial spirits between Indian and global markets, especially in line with New Delhi's 'Act East' drive focused .

Indian businesses, mainly those hit by high US tariffs, can manufacture or assemble products in Lagos Free Zone (LFZ) in Nigeria, which provides preferential access to the US and other major global markets, a Nigerian official said on Sunday. LFZ Managing Director and CEO Adesuwa Ladoja, in an interview with PTI, said that recent tariff adjustments in the US have created real challenges for Indian companies, particularly in sectors like textiles, leather and automotive components. The US has imposed 50 per cent tariff on a wide range of Indian-origin products which may affect almost USD 49 billion worth of exports to America. "What makes Lagos Free Zone uniquely positioned is Nigerian exports to the US face tariffs as low as 14 per cent, significantly lower than those applied to many other countries. "For Indian businesses, this means that by setting up in LFZ, they can manufacture or assemble products in Nigeria and enjoy a considerable tariff advantage compared to shipping direct

Firms are focusing on paying down debt, opting for refinancing rather than expanding capacity, Shankar Subramaniam, the bank's head of India corporate banking said

he parties are discussing a bilateral private credit loan with a tenor of about three-years, said the people, asking not to be identified because the information is private

India Inc's overseas fundraising has been tepid, as ample domestic liquidity and comparatively attractive local interest rates offer cheaper funding alternatives at home

The corporate affairs ministry is set to strike off the names of more than 3,300 companies from the official records after receiving applications for removal of their names. Registrar of Companies (RoC) from various states and Union Territories issued public notices regarding striking off the names of these companies in April in accordance with the provisions of the Companies Act, as per the latest data available with the ministry. More than 3,300 companies across states and Union Territories are set to be struck off from the official records, the data showed. Out of the total, there are over 700 such companies in Maharashtra, nearly 500 in Delhi, more than 350 in Karnataka, over 200 each in Gujarat, Uttar Pradesh and West Bengal, among other places. RoCs had received applications from the companies under Section 248(2) of the Companies Act on certain grounds, including that they failed to commence business within one year of their incorporation or that they are not carrying on any