Company News

Decision on Tata Sons listing likely soon amid Trusts controversies

While there are indications that the status of Tata Sons as an upper-layer NBFC may be on the table, the RBI has not commented on any specific company issue

Real-estate major Prestige group may look at Reit as office rentals rise

Land prices remain key factor

Axis Bank to infuse ₹389 crore in Axis Max Life to meet funding needs

Axis Bank has received the requisite approval from the Reserve Bank of India (RBI) for the said infusion

Amazon considers selling in-house AI chips to firms amid demand surge

The disclosure offers a rare glimpse into the scale of Amazon's in-house chip operation, which produces general-purpose computing and AI accelerators

OpenAI releases new policy blueprint to prevent digital child abuse

Framework targets AI-generated abuse content, strengthens reporting systems and embeds safety-by-design measures to detect and prevent misuse, initially focusing on child protection in the US

HoABL launches 1% payment plan to boost Naigaon housing demand near Mumbai

HoABL introduces a 1% monthly payment plan for its Naigaon project to reduce upfront costs, improve loan access, and attract entry-level homebuyers amid affordability concerns

Dalcore to invest ₹500 cr in first YOO-branded residences in North India

Developer eyes a topline of Rs 1,450 cr, with units priced at Rs 10 cr and above

TCS announces annual salary hikes across all grades effective April 1

IT major rolls out pay increases effective April 1 across grades, even as headcount declines year-on-year and the company steps up investments in AI-ready workforce

Sarovar Hotels taps branded residences, aims over 400 hotels in 5 years

The hospitality player, with over 150 hotels and over 11,000 keys across 87 destinations, has announced 12 signings and six openings in the first quarter of this year

Wipro to consider share buyback proposal at board meet next week

Company's board to evaluate buyback proposal alongside Q4 results amid weak stock performance and concerns over AI-led disruption in IT services

Policybazaar Insurance Brokers appoints Sajja Praveen Chowdary as CEO

Chowdary joined PB Fintech Group in 2011 and has led multiple verticals over a period of time, and currently heads "Policybazaar for Business"

High Court quashes petition against Mukesh Ambani & RIL, fines complainant

High Court dismisses complaint over a 23-year-old telecom dispute over defective mobile phone

Royal Enfield's EV brand Flying Flea launches first motorcycle C6

C6 marks Royal Enfield's entry into electric mobility with a connected neo-vintage motorcycle, offering advanced tech, urban performance and phased rollout

IndusInd Bank appoints Jagdeep Mallareddy as consumer banking head

Bank names Mallareddy to lead consumer banking from April 9, bringing over three decades of experience as Soumitra Sen prepares to retire

Ather Energy doubles its experience centre network to 700 last fiscal

Ather said it has added over 350 new Experience Centres, effectively doubling its retail network from 351 centres in India as of March 31, 2025

TCS renews multi-year partnership with UK retailer Marks & Spencer

IT major to support Marks & Spencer's AI-led digital transformation as the retailer accelerates its omnichannel strategy and invests in future-ready technologies

Amazon expands Counterfeit Crime Unit to India to curb fake goods

Move brings global enforcement playbook to fast-growing market, deepening partnerships with brands and authorities to curb fake goods and boost trust in online shopping

Axis Bank joins interoperable netbanking platform Banking Connect

Move enables faster checkout and seamless netbanking experience for 37 million customers while strengthening interoperability across banks and payment aggregators

ASK Property Fund announces Rs 400 cr exit from MMR, Gurgaon investments

Fund exits two residential real estate investments in Mumbai and Gurgaon, realising strong returns with IRRs of up to 21 per cent and healthy investment multiples

India's energy, critical minerals shift pose new challenges: Tata Steel CEO

'The challenge is obvious while we are diversifying our sources of energy and critical minerals, and we must; this diversification is also a layered vulnerability,' Narendran said