Company News

Zomato hikes platform fee 19% to ₹14.90 amid rising delivery costs

Zomato raises platform fee to Rs 14.90 from Rs 12.50, aligning closer to rivals amid rising operational costs and pressure from supply disruptions in West Asia

Air India sends unapproved B777 plane to Vancouver; takes U-turn over China

The Boeing 777-300ER and Boeing 777-200LR are two long-haul variants of Boeing's 777 family with distinct capabilities in range and capacity

IndiQube signs ₹54 crore Pune deal for 1,140 seats with GCC client

IndiQube Spaces signs a Rs 54 crore, five-year deal for 1,140 seats in Pune, highlighting growing demand from global capability centres for flexible workspaces in India

Flipkart CFO Sriram Venkataraman to step down, Ravi Iyer to lead transition

Leadership reshuffle comes as Walmart-owned e-commerce company prepares for potential India listing and strengthens senior team

A-I Delhi-Vancouver flight returns after 7 hours over operational issue

Without providing specific details, Air India, in a statement on Friday, said the aircraft landed safely at the Delhi airport

Paranjape Schemes to invest ₹700 crore to develop 1,400 homes in Pune

In a statement on Friday, the company said it has launched a series of new residential projects across Pune West as part of its upcoming festive season offerings

Mahindra Holidays & Resorts India launches 2 new resorts in Maharashtra, MP

The two new properties strengthen the company's presence across Western and Central India

Flipkart Group CFO Sriram Venkataraman quits; Nishant Verman rejoins as SVP

Venkataraman will remain with the company 'for a period of time' to ensure continuity and a smooth transition

TCS, Swissport International extend tech support partnership by 5 years

Indian IT services company to drive aviation services provider's AI transformation, Cloud modernisation

Thyssenkrupp-Jindal steel sale talks 'not moving forward': Deputy chairman

Juergen Kerner said labour representatives ‌had presented Jindal, which has been doing due diligence on Thyssenkrupp's steel unit since October, with a detailed questionnaire

Ozempic copies set to crash to $14 in India as generic GLP-1 era starts

Natco Pharma Ltd. plans to sell an injection for semaglutide, the active ingredient in both Ozempic and Wegovy - with prices starting from ₹1,290

HDFC Bank chief's exit baffles investors, wipes $7 bn off market value

HDFC Bank spent Thursday trying to explain why Chakraborty, a former senior bureaucrat in PM Narendra Modi's administration, left after almost five years as part-time chairman of the lender

US announces $10 billion support for Essar Group's Minnesota steel project

The US backs Essar's Mesabi Metallics project with up to $10 billion to boost iron ore output in Minnesota, create jobs and strengthen supply chains with India and Indo-Pacific partners

Gujarat clears new Tata Power deal to resume long-term supply from Mundra

The deal comes as a relief to ‌India, which is looking to maximise power output from its coal plants amid an escalating West Asia conflict that is expected to lead to a gas shortage during summer

HDFC Bank firefights after chairman Atanu Chakraborty's abrupt exit

RBI clears the air on governance concerns; mcap falls ₹66,433 cr

HDFC Bank may ask ex-chairman Chakraborty to explain resignation concerns

HDFC Bank board may seek clarification from former chairman Atanu Chakraborty over concerns cited in his resignation letter amid questions on governance and management relations

At 71, Keki Mistry underscores integrity at HDFC Bank amid concerns

Keki Mistry takes charge as interim chairman of HDFC Bank, assuring stakeholders on governance and integrity after Atanu Chakraborty's resignation

HDFC Bank board likely to approve CEO Sashidhar Jagdishan reappointment

During an analyst call in the morning, Jagdishan said the best period of the bank will start now, with growth returning to pre-merger levels

Skoda Auto India keeps foot on the pedal, targets 10-12% growth

Skoda Auto India targets 10-12% growth in 2026, outpacing the market, even as West Asia tensions and rising oil prices pose risks to demand and supply chains

Cybersecurity needs more than human intervention in AI age: Nicole Quinn

AI has shortened ransomware attack timelines, making cybersecurity more complex and requiring firms to embed protection from the outset, says Palo Alto Networks executive