Company News

Billion-dollar AI bets shape IT narrative, says LTM executive Krishnan Iyer

Mission-critical ops remain under human oversight, says growth chief Krishnan Iyer

Noel Tata's stance on IPO stalled N Chandrasekaran's reappointment

Chandrasekaran defers third-term nod as Noel Tata seeks assurances on listing, debt and SP Group dispute, exposing fresh fault lines within Tata Sons

Reliance Enterprise Intelligence ceases to be wholly owned arm of RIL

Reliance Enterprise Intelligence is no longer a wholly owned step-down subsidiary of RIL after issuing shares to a Meta unit, which now holds 30% of its equity

TCS asks staff to use AI even if it means 'cannibalising' revenue streams

TCS CEO K Krithivasan says associates should adopt AI proactively and offer AI-first solutions to clients, even if it cannibalises existing revenue streams

Anil Ambani's house worth ₹3.7K crore attached by ED under PMLA

The Enforcement Directorate attached Reliance Group chairman Anil Ambani's Mumbai house, 'Abode', worth Rs 3,716 crore under the anti-money laundering law, official sources said on Wednesday.

Maharashtra GST Department initiates inspection, search at Lupin office

The company is extending its cooperation with the officials and providing necessary information and documents, it added

India plays central role in our international strategy: Wyndham Hotels

The chain is progressing towards the 100-hotel milestone in the country, with over 50 hotels in the pipeline across various stages of development

Apple to open second Mumbai retail store in Borivali on Thursday

Apple will open its second Mumbai store in Borivali on Thursday, expanding its India retail network as the company posts record quarterly revenue and sees strong long-term growth potential

Coforge wins $158-mn UK contract as AI-led demand boosts deal sizes

Coforge has won a $158-million, five-year contract from a UK-based client, effective April, as AI-led conversations drive a rise in both the number and size of large technology deals in Europe

Vedanta to tap debt market for second time in FY25 with ₹30 bn bond sale

Last June, ​the company raised an aggregate of 50 billion rupees through a ‌combination of two-year papers, 30-month bonds and three-year bonds

Lodha Developers acquires development rights for Malabar Hill property

The consideration also includes 5,017 square metres of real estate regulatory authority (Rera) carpet area, 150 car parking spaces, and a 42.5 per cent trust share in the development

HSBC India pre-tax profit increases 10.5% to nearly $1.9 billion

HSBC India's CY25 pre-tax profit rose 10.5% to $1.9 billion, led by strong corporate banking performance, as India became its second-largest Asian profit contributor after Hong Kong

Dr Reddy's likely to launch generic semaglutide Obeda in India in March

Hyderabad-based Dr Reddy's has applied to trademark the Obeda brand and logo, a government filing showed

BillDesk set to acquire Worldline India's payments business

Fintech major BillDesk is set to buy Worldline India's payments arm in a deal pegged at $100-150 million, strengthening its aggregation and omnichannel merchant capabilities

Bombay HC quashes ₹400-cr personal GST penalty on Shemaroo executives

Court rules Section 122(1A) of the CGST Act cannot be invoked against employees who are not taxable persons; bars retrospective application of the provision

Mindspace REIT pre-leases 5.3 lakh sq ft in Hyderabad to Chalet for hotel

K Raheja-backed Mindspace Reit signs Chalet Hotels for a Rs 350 crore, 330-key luxury hotel at its Hyderabad campus, with completion targeted by Q4 FY28

Coal India arm SECL identifies 7 mine dumps for rare earth exploration

SECL Chairman and MD Harish Duhan said the tendering process for exploration has already begun, with plans to scientifically assess the dumps within the next year to pinpoint viable sites

Chevron sells Venezuelan oil to Reliance for first time since 2023

Chevron negotiated the Boscan crude cargo to Reliance this month, marking ​the first sale of the ‌heavy oil, ​which is ‌used in asphalt making, ‌in about six years

Meta to buy AMD AI chips in $100 bn deal with option for 10% stake

Shares of AMD jumped more than 9 per cent before the market opened on Tuesday

Eris Life partners Natco Pharma to launch semaglutide generic in India

Eris Lifesciences partners with Natco Pharma to commercialise semaglutide in India in 2026, as rising demand and impending patent expiry fuel intense competition in metabolic and weight-loss therapies