Company News

TVS Mobility, Palfinger to jointly set up ₹350 crore manufacturing plant

Austrian lifting solutions major Palfinger partners with TVS Mobility Group, investing €30 million to build a Pune plant and engineering hub, boosting localisation, exports and service reach in India

Hospitals becoming insurers could ease health care costs: Devi Shetty

Narayana Health's Devi Prasad Shetty says hospitals launching insurance arms could reduce friction with insurers, improve affordability and expand healthcare access in the coming years

AI to be force multiplier for HCLTech, can boost productivity: Roshni Nadar

HCLTech chairperson Roshni Nadar Malhotra says AI will enhance per-employee productivity and transform entry-level roles, as the firm expands into new areas including semiconductor packaging

Apple ecosystem in India creates more than 250,000 new direct jobs

70% of workers women; indirect employment pegged at 750,000

Lodha Developers signs ₹365 crore joint development deal in Mumbai

Lodha Developers has signed a Rs 364.80 crore joint development agreement with Sahana group to develop multiple land parcels in Mumbai's Parel-Sewree division

Agentic commerce must be transparent and accountable, says InMobi CEO

InMobi Group CEO Naveen Tewari says agentic commerce can reshape buying behaviour, supply chains and commerce journeys, but warns these AI-driven systems must stay transparent and accountable

Skoda India considering EV, CNG options as Kylaq broadens buyer base

Skoda India is focusing on cleaner fuel options, including CNG and EVs, while compact SUV Kylaq drives volumes, expands first-time buyers and strengthens the brand in India's competitive market

Two-wheeler industry to grow 8-9% CAGR in long term: TVS Motor CEO

The first half of the next year is also expected to be "very good" in terms of sales growth, as the benefits of the GST rate cut will continue to come into the industry

Pernod Ricard sees strong growth momentum in H2, rules out India IPO

The company, which follows a July-to-June fiscal year, has achieved this growth despite a challenging first quarter, which was 'severely impacted' by a very strong tax increase in Maharashtra

Expect Pen-G production capacity to touch 10k MT in 12 months: Aurobindo

The drug maker also lauded the central government for giving one year relaxation on minimum import price for Pen-G, 6 APA and Amoxicillin

OMC Power enters EV battery repurposing biz in partnership with Honda

OMC Power is involved in rooftop solarisation, EPC, greening telecom infrastructure, and mini-grid development, among others

Adani Aerospace, Embraer eye final assembly line for E175 jets in India

The development follows the two companies announcing a strategic collaboration on January 27

Take Solutions adopts Anthropic's Claude to boost AI healthcare

The company, in an exchange filing, said that the strategic technology adoption marks a significant milestone in its ongoing mission to build scalable, intelligent, and preventive healthcare platforms

AI-driven coding delivering real productivity gains, says Zoho's Vembu

Sridhar Vembu says AI-driven coding is making dramatic productivity gains and transforming software work, even as Zoho broadens its ambitions into deep-tech fields such as hardware and quantum sensing

Peak XV closes $1.3 bn across India and APAC funds after Sequoia split

Peak XV Partners has closed $1.3 bn across three funds-its first independent raise since parting from Sequoia-targeting AI, fintech, consumer tech and deeptech ventures in India and APAC

TCS CEO & MD K Krithivasan sees no major shrinkage of jobs due to AI

TCS CEO K Krithivasan said AI will not cause significant job shrinkage in software engineering, noting evolving roles and sustained need for system integration despite rising automation

Novartis AG to exit listed India unit in $159 mn deal with ChrysCapital

Novartis AG will divest its entire stake in Novartis India to a ChrysCapital-led consortium for Rs 1,446 crore, triggering an open offer that could push the deal size to nearly Rs 2,000 crore

Tata Motors to widen BaaS beyond Punch.ev to lift entry-level EV adoption

Tata Motors aims to drive EV uptake in the sub-Rs 12 lakh segment by extending battery-as-a-service beyond Punch.ev, targeting buyers who need lower upfront prices and usable range

Grads with AI skills 60% of TCS' fresher hiring: HR head Sudeep Kunnumal

TCS is rapidly increasing hiring of engineering graduates with specialised AI and digital skills, with high-skill cadres now accounting for 60% of fresher intake as it pursues an AI-first strategy

Sebi pursues fund diversion allegations against Zee Entertainment

The regulatory scrutiny was a key obstacle to Zee's merger with Sony, which was abandoned in January 2024 after two years of legal disputes