Company News

Coforge aims to double revenue to $5 bn by 2030, says CEO Sudhir Singh

The mid-tier IT firm plans to drive growth through large deals, AI investments, acquisitions and expansion in healthcare, public-sector and GCC businesses

SpaceX to take over AI Startup Cursor in $60 billion deal following IPO

SpaceX has sealed its $60 billion takeover of Cursor, strengthening Elon Musk's push to compete in the fast-growing AI coding market

Sovereign models for large nations to be strategic asset: HCLTech CEO

HCLTech's bet on Sarvam AI is aimed at tapping the sovereign AI opportunity in India and globally, says CEO C Vijayakumar

Wipro sets up facility for Claude models to accelerate enterprise AI

The new centre will focus on accelerating enterprise AI adoption, building specialised talent and developing AI-native platforms and industry solutions across sectors

Supreme Court ruling resets the role of India's economic regulators

In setting aside the CCI's order against Amazon, the Supreme Court has framed regulatory certainty, transparency and fairness as strategic assets for India's investment climate

TCS to take additional $70 million blow from DXC Technology case in US

The suit accused TCS of exploiting software access granted to Transamerica employees, who were transferred to TCS in a $2 billion deal

Cipla appoints Shivam Puri as CEO of 'One India Business' from July 1

Cipla appoints Shivam Puri as CEO of its One India Business, effective July 1, bringing over two decades of FMCG and healthcare leadership experience

Tamil Nadu pollution body says no contamination at Tata's Hosur facility

The Tamil Nadu Pollution Control Board said water samples from Tata Electronics' Hosur facility met environmental norms and no further action is being pursued

BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes charge

BigBasket co-founder Hari Menon will continue on the board and mentor the leadership team, while former Amazon executive Amit Nanda leads the company's next growth phase

P&G India sees rural consumption growth soften amid inflation pressures

The FMCG major said rural demand continues to outpace urban consumption, but inflation, delayed monsoon and global uncertainties are beginning to weigh on growth

Cipla expands respiratory, specialty manufacturing across India, China, US

Filed 10 applications with USFDA in FY26 to build a pipeline of differentiated products for regulated markets

Essar, IRH Global sign $500 million crude sourcing and supply facility

The agreement is aimed at diversifying crude sourcing, strengthening feedstock security and improving working-capital efficiency for Essar's refining operations

HCL Tech's gains from Sarvam AI bet hinge on execution and scale-up

Brokerages see strategic benefits from HCL Tech's investment in Sarvam, though long-term returns will depend on the AI firm's ability to scale and execute effectively

Adani Ports to invest $850 mn in AI, capacity and decarbonisation plans

APSEZ will invest up to $100 million through its partnership with Kaleris to accelerate automation and optimisation as part of a broader $850 million investment plan

Adani Ports to invest up to $100 mn with Kaleris to boost port automation

Kaleris will deploy its terminal operating system and AI-powered container handling and optimisation solutions across 15 APSEZ container terminals at nine ports in India and overseas

JSW Realty seeks ₹1,600 crore loan from Tata Capital for Mumbai project

The developer is seeking the five-year loan to fund an office project near Mumbai's Bandra business district

Tata Motors bets on software-defined vehicles with t.idal platform

SDV strategy to complement pipeline of new launches across ICE, CNG and EV segments

US Supreme Court rejects TCS challenge in $168 million trade secrets case

Tata had appealed ‌after a lower court upheld a judge's decision to set the award at $56 million in compensatory damages and $112 million in punitive damages to Ashburn, Virginia-based DXC

TCS to take $70 mn hit after US SC rejects appeal in trade secrets case

TCS, which had already set aside $150 million for the case, said it will book a further $70 million towards damages, interest and legal costs as a one-time exceptional charge in the first quarter of 2

Venture capital firm YourNest marks final close of ₹400 crore fund

Over 30 per cent of the fund's investors comprise existing family offices and high net worth individuals (HNIs) who had invested in the early stage VC's earlier funds, and incoming investors