Company News

AI startup Squadstack doubling down on large enterprises: Founder

The AI SaaS startup plans to expand its enterprise customer base in India while exploring opportunities in Southeast Asia and the MENA region

Chip woes stretch planning cycles: Ericsson India MD Nitin Bansal

Rising component costs, chip shortages and supply-chain uncertainties are forcing Ericsson to extend planning horizons to up to five years from 18-36 months

Tata Trusts to hike philanthropic spending to ₹2k cr in FY27: CEO

Tata Trusts plans to raise philanthropic spending to ₹2,000 crore this fiscal, highlighting healthcare and education initiatives amid governance-related scrutiny

Business environment to remain dynamic in FY27, says Asian Paints CEO

sian Paints expects a volatile FY27 amid rising competition, commodity swings and geopolitical risks, while banking on premiumisation and market expansion for growth

Jio Platforms among global top 20 in latest WIPO patents rankings

Jio Platforms entered WIPO's global top 20 PCT rankings after a 320-place jump, emerging as the only Indian technology company on the coveted list

Tata Electronics says iPhone components unit in compliance of norms

Tata Electronics says its Tamil Nadu iPhone components plant complies with all norms after a TNPCB notice over alleged wastewater discharge

Amazon in most 'aggressive' phase of India expansion: Country head

The comment from Amazon India head comes against the backdrop of the company's recently announced $35 billion investment by 2030

Embassy Developments to spend ₹2k cr in FY27 on construction activities: MD

Embassy Developments, part of Bengaluru-based Embassy Group, had invested nearly ₹1,200 crore during the 2025-26 financial year

MakaDi and Borecha maker LB Brewers eyes ₹500 cr sales, IPO plans on cards

The company, which started its journey from a home-brewing experiment at a US apartment, has evolved into a fast-growing beverage business in India

Reebok sales surge 2x since Aditya Birla Lifestyle acquired India rights

Aditya Birla Lifestyle Brands Ltd (ABLBL) plans to add 40-50 stores annually over the next few years as it looks to tap significant untapped market opportunities

Amazon to expand use of automation technology at India fulfilment centres

Amazon has invested $40 billion in India and has announced plans for another $35 billion investment through 2030

LIC targets stronger market leadership as it approaches platinum jubilee

Insurance behemoth LIC alone commands close to 60 per cent market share in the life insurance segment and manages assets of over Rs 57 trillion

Magicpin scales AI assistant Vera, targets over 1 mn merchants by 2026: CEO

Launched during the recent LPG crisis, Vera provides restaurants and retailers with real-time order-volume insights to help them plan operations and manage demand more effectively

Former Reliance Group MD Sateesh Seth remanded to ED custody for 6 days

The court said that Custodial interrogation is required to identify the beneficiaries of proceeds of crime and to unearth the entire trail of money

Ather Energy in talks for post-IPO ₹2,500 crore fundraise: Report

The electric two-wheeler maker is expected to begin the fundraising process as early as July and could raise the funds through multiple instruments

TN pollution body flags alleged violations at Tata's iPhone components unit

The pollution regulator has warned that the unit may face closure action and possible stoppage of power supply if Tata Electronics fails to provide a satisfactory explanation

Ex-RCom official Gautam Doshi sent to ED custody in ₹40,000 cr PMLA case

The agency alleged that loans availed from banks were not utilised for their intended purposes and were instead invested in mutual funds and transferred to group companies

Dr Reddy's launches generic oral leukaemia drug Bosutinib in US market

The company has launched a generic version of Pfizer's Bosulif for chronic myeloid leukaemia and secured 180 days of exclusivity for the 400 mg strength

Tata Trusts' Vijay Singh seeks probe into 1989 Tata Sons share transfer

Tata Trusts Vice Chairman has urged Maharashtra's charity commissioner to order an inquiry into the transfer of Tata Sons shares from the Navajbai Ratan Tata Trust to late industrialist Naval Tata

Tata Sons board discusses Chandrasekaran's term, but no decision

Tata Sons board holds inconclusive discussions on N Chandrasekaran's third term as leadership questions and Tata Trusts tensions remain unresolved