Company News

Jio Financial Services infuses ₹2,000 crore into subsidiary Jio Credit Ltd

Last month, JFSL reported a 9 per cent drop in consolidated profit at ₹269 crore in the third quarter ended December 2025

ASGN names Sangita Singh president for India, international operations

ASGN, soon to be renamed Everforth, has appointed Sangita Singh as president for India and international markets to strengthen offshore delivery and drive its global growth strategy

Citizen-level AI adoption to lift Indian innovation ecosystem: Uniphore CEO

Uniphore chief executive Umesh Sachdev says India can become a global AI adoption hub as enterprise usage scales, even as the US leads in capital access and technology maturity

Manappuram CEO takes medical leave as Bain Capital gains nomination rights

Manappuram Finance CEO Deepak Reddy has gone on medical leave for up to 120 days, even as Bain Capital prepares to assume promoter status and secure rights to nominate key executives

Brigade, Primus to build senior communities in South India worth ₹750 cr

Brigade Group has tied up with Primus Senior Living to build three senior living communities across South India, with a combined GDV of Rs 750 crore and over 600 purpose-built units

Info Edge commits Rs 250 crore to new B8 Fund I for growth-stage bets

Info Edge has committed Rs 250 crore to B8 Fund I, expanding its structured investment platform and deepening support for growth-stage ventures in India's startup ecosystem

CBI files fresh case against Anil Ambani, Reliance Communications

The case stems from a complaint received from the bank on Tuesday, they said

SBI MF gets RBI's nod to acquire up to 9.99% stake in Bandhan Bank

The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing on Thursday.

Sedemac targets global markets as ISG tech gains traction with Indian OEMs

Pune-based Sedemac is engaging global OEMs to export its proprietary ISG technology, even as TVS, Bajaj and Hero scale domestic deployment ahead of the firm's March 2026 IPO

Gushwork AI secures ₹81 crore funding led by Susquehanna Asia VC

Venture capital Lightspeed and B Capital also participated in the funding round

Swiggy, IRCTC expand 'Food on Train' service to 152 stations across India

Swiggy has doubled down on its 'Food on Train' service, marking a 117 per cent growth in network expansion-- from 70 stations in February 2025 to 152 stations as of February 2026

Vedanta to raise up to ₹3,000 cr via debentures on private placement basis

The fundraise is aimed at further strengthening the company's capital structure while optimising borrowing costs

Merchant payments, financial services power 42% of PhonePe revenue

According to the company's DRHP, PhonePe is successfully transitioning towards long-term monetisation and operational efficiency

LTM partners with Nvidia to modernise CBDT's tax analytics platform

LTM will deploy a secure cloud environment powered by Nvidia AI infrastructure to simplify workloads and offer real-time insights for CBDT

Anil Ambani appears before ED again in RCOM money laundering case

The probe pertains to an alleged over ₹40,000 crore worth bank fraud by his group company, Reliance Communications (RCOM)

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

India is the hottest market in Asia: Hilton APAC President Alan Watts

Hilton announces third Waldorf Astoria - its topmost luxury brand - to come up in Goa in 2030