Company News

Infosys acquires Optimum for $465 mn to deepen healthcare, AI capabilities

Deal strengthens Infosys' healthcare vertical and AI-led capabilities, adding clients, talent and consulting expertise in provider segment

Dream Sports sharpens focus on 11 portfolio companies after RMG ban

Company pivots beyond real-money gaming, expands into fintech and AI while strengthening portfolio of 11 businesses to regain user engagement

Sunil Mittal to retire as Airtel Africa chairman; Vittal to take over

Shravin Bharti Mittal, the telecom tycoon's son, will become the company's deputy chairman

RIL's Jio Platforms ready with DRHP; 2.5% stake may be offloaded via OFS

At $125 billion valuation, IPO size set to be over $3 billion

India start-ups raise $9.1 billion funding as focus shifts to execution

Selective capital is backing scalable ventures, while AI-led DeepTech gains momentum as investors prioritise proven models, monetisation, and commercial readiness

NDR InvIT raises ₹410 crore via bonds to expand warehousing portfolio

NDR InvIT Trust on Wednesday announced raising Rs 410 crore through the issuance of bonds primarily for the acquisition of logistics and warehousing portfolio across key markets in the country.

MUFG's $4.4 billion investment in Shriram Finance wins CCI approval

Japanese lender to acquire 20% stake in NBFC via preferential allotment, marking one of the largest FDI deals in India's financial services sector

Meta is laying off hundreds of employees across multiple teams: Report

Meta had nearly 79,000 employees as of December 31, according to its annual filing

OpenAI taps JioStar CEO Kiran Mani to lead Asia Pacific operations

Former JioStar executive to drive regional growth as OpenAI expands global footprint and deepens presence across key Asia-Pacific markets

BBC names former Google executive Matt Brittin as new director-general

Brittin, 57, spent almost two decades at Google, becoming the company's president in Europe, the Middle East, and Africa. He does not have a background in broadcasting

Network18 appoints Raj Jain as independent director for five years

Former Times Group CEO joins Network18 board as additional independent director, bringing multi-platform media leadership experience

Daimler Truck Innovation Centre appoints Radhakrishnan Kodakkal as CEO

Former Whirlpool executive to lead engineering and digital capabilities at Daimler Truck Innovation Center India, succeeding Raghavendra Vaidya

Sula Vineyards acquires Chandon's wine facility, estate in Nashik

Chandon's wine production facility spreads across 19 acres, comprising a highly advanced facility with an annual capacity of 4.5 lakh litres, scalable up to 13 lakh litres

VinFast mulls retail expansion in India; plans 75 outlets by end-2026

EV maker aims to expand presence across metros and emerging markets, strengthening retail network and ecosystem to boost adoption of electric mobility in India

West Asia crisis: Jindal Steel doubles Angul complex capacity to 12 MTPA

Jindal Steel doubles Angul complex capacity to 12 MTPA, strengthening domestic production and reducing import dependence amid global supply disruptions

Swiggy partners Sarvam to enable voice-led commerce in Indian languages

Collaboration enables multilingual voice-based ordering and reservations, aiming to expand access to digital commerce across India's diverse language landscape

Puravankara plans 30-project launch pipeline worth ₹55,000 crore

Co mulling data centres foray; West Asian conflict driving up demand in India, say executives

AstaGuru auction house set to enter UK market with presence in London

With demand for Indian art firm, despite global uncertainty, Mumbai-based auction house expands footprint

Ceigall India signs PPA with Maharashtra discom MSEDCL for solar projects

The combined EPC value of the projects stands at approximately ₹1,369 crore (inclusive of GST). The execution timeline for the projects is 18 months

Daily AMC repo volumes rise sharply in FY26, expected to double in FY27

Kashinath Katakdhond, Managing Director at the platform, said the daily volume is expected to surge to ₹10,000-15,000 crore a day in the upcoming fiscal year, driven by a widening user base