Company News

Technolegal approach of India on AI pragmatic: Wipro's Ivana Bartoletti

India's techno-legal AI governance model, built on soft guidelines and shared responsibility, is practical for rapidly evolving technology, says Wipro's Global Chief Privacy and AI Governance Officer

Flipkart lays off 250-300 employees after reviewing performance

Layoffs affect roughly 2% of workforce as Walmart-backed e-commerce firm tightens operations and prepares for a potential IPO

Uber says regulatory hurdles make shuttle business a challenging space

Uber says its shuttle business remains challenging due to regulatory hurdles restricting expansion beyond Delhi and Kolkata, even as it pushes ahead with intercity bus and multi-modal plans

Marrakech landmark La Mamounia turns its attention to the Indian traveller

Century-old property headed by the hotelier who helped reposition The Imperial New Delhi

Ships loaded with Reliance diesel, jet fuel turn to Asia instead of Europe

Asian buyers are rushing to secure fuel supplies to offset production losses from expected refinery run cuts as the near-halt in traffic in the Strait of Hormuz constrains oil supply to the region

Jindal Stainless flags possible shipment delays to West Asia amid conflict

The country's biggest stainless steel producer said West Asia accounted for a small share of its export market but that the company remained committed to serving the region

Adani Gas keeps CNG, PNG prices unchanged; curbs supply for few industries

A company official said about 70 per cent of ATGL's gas volumes are sourced domestically and supplied to CNG users and domestic kitchens (called piped natural gas (PNG)-domestic) customers

ED conduct searches against Reliance Power Ltd in Mumbai, Hyderabad

About 10-12 locations linked to the said company and its executives are being searched in the two cities

US beauty major Estee Lauder to acquire Ayurveda brand Forest Essentials

Forest Essentials headquarters to remain in Delhi; founder Mira Kulkarni to continue leading it

IBM opens first infrastructure innovation centre to boost India-led AI work

IBM has launched its first Infrastructure Innovation Centre in Bengaluru, bringing together engineering teams to accelerate development of secure and scalable enterprise AI and infrastructure systems

TCS in 'advanced' talks for more AI data centers in India as demand rises

"We are having discussions with multiple other hyperscalers," said Chief Executive Officer K Krithivasan during an interview at the company's offices in London.

Japanese apparel retailer Uniqlo aims to make India hub of global sourcing

The brand targets to continue its 44% Y-o-Y growth in FY26

Axis MF elevates R Sivakumar as its CIO; Ashish Gupta to step down

Axis Asset Management Company appoints R Sivakumar as chief investment officer as part of an internal succession plan following the exit of Ashish Gupta

MakeMyTrip buys majority stake in Flamingo Transworld to boost packages

MakeMyTrip will acquire a majority stake in Flamingo Transworld, aiming to expand its holiday packages business by tapping the tour operator's strong regional presence in western India

Metlife GCC leases 75,000 sq ft in Noida's Oxygen Business Park

Metlife's global capacity centre has leased 75,000 sq ft at Embassy's Oxygen Business Park in Noida, adding to strong Grade-A office demand amid rising GCC activity and tech sector expansion

Embassy REIT raises ₹1,400 cr via 10-year NCD to boost long-term capital

Embassy REIT has raised ₹1,400 crore through a fully subscribed 10-year NCD issue, expanding its institutional investor base as the trust continues to secure long-duration capital

Australia's QBE to buy Prism Johnson's 51% stake in Raheja QBE for ₹324 cr

The Australian insurer will fully own the general insurance company after acquisition of 51% stake

Motilal Oswal buys 1.65% stake in Zelio E-Mobility for ₹9.8 crore

Motilal Oswal Financial Services has purchased a 1.65 per cent stake in Zelio E-Mobility through a Rs 9.8 crore block deal, boosting institutional interest in the newly listed EV maker

Jack Daniel's maker Brown-Forman to launch more premium brands in India

India's affluent buyers splurge on everything from jewellery to pricey liquor, making the country a focus for global brands

1Point1 Solutions completes $33.37 million acquisition of Netcom BCC

The acquisition marks a strategic entry of 1Point1 Solutions into the central and Latin American market, the company said in a statement