Company News

Tech budgets will not rise much, says Persistent CEO Sandeep Kalra

Tech budgets set for modest growth as macro pressures persist, with firms prioritising AI, data readiness, and high-impact digital investments

Responsibility, trust crucial for AI systems: Anthropic India head

Anthropic bets on responsible AI and trust-led development to scale in India, as demand for safer, reliable large language models grows across enterprises

ONGC: Tender to hire jack-up rigs cancelled due to steep surge in price

ONGC has cancelled four tenders to hire 15 jack-up rigs since 2014, according to a report

GIG to invest up to ₹7,000 crore in unlisted businesses over 5 years

Godrej Industries Group plans to invest Rs 5,000-7,000 crore in unlisted businesses over five years as it targets higher growth and a larger market capitalisation by 2031

AI can transform financial market infrastructure: SBI Chairman Setty

SBI Chairman Challa Sreenivasulu Setty said AI can strengthen risk management, improve efficiency, and enable real-time surveillance in financial markets infrastructure

Tesla bets on ecosystem-first strategy to unlock India EV market

Tesla is prioritising charging, service and ownership ecosystem in India before scaling volumes, aiming to overcome structural barriers in the nascent EV market

Eveready bets on alkaline batteries with India's first plant in Jammu

Eveready Industries has launched India's first alkaline battery plant in Jammu to boost its premium segment and tap export and private-label opportunities

Apple's control-focused model may limit AI growth as Ternus takes over

For decades, the company's tightly managed ecosystem, spanning custom chips, proprietary operating systems and curated apps, delivered devices that were secure and easy to use

Razorpay integrates Google Pay for cross-border payments by exporters

Razorpay has integrated Google Pay for cross-border transactions, allowing Indian exporters to offer wallet-based checkout and improve payment success in global e-commerce

Mother Dairy eyes ₹24,000 crore topline in FY27 amid expansion push

Mother Dairy is targeting over 20 per cent revenue growth in FY27 as it expands beyond its core markets, boosts capacity, and strengthens its national presence

Amazon seized 15 million counterfeit products in 2025 using AI tools

Over 32,000 bad actors pursued across 14 countries since 2020, according to Amazon's Trustworthy Shopping Experience Report

JSW Steel to sign JV with JFE Steel for Odisha plant expansion on April 24

JSW Steel is set to form a 50:50 joint venture with Japan's JFE Steel for a Rs 32,000 crore expansion of Bhushan Power and Steel in Odisha

India set to be Flix's largest market by 2030 in passenger volumes

Flix expects India to become its largest market by 2030, driven by rising demand and rapid network expansion, though access to bus terminal infrastructure remains a key constraint

Tesla brings in 2nd model to India; to expand service, body shop network

The company, which last year made its much-awaited entry into India with the launch of its Model Y, is also revving up expansion of charging network

Flipkart expands circular push into fashion with denim take-back plan

'Swap on Jeans' rollout targets textile waste and expands to over 260 pin codes as Flipkart integrates recycling into the purchase journey through its recommerce platform

Margin concerns and high valuations may cap gains for Nestle India

Nestle India reported strong Q4 growth, but rising raw material costs, sustained ad spends and high valuations may limit upside despite volume-led gains

NCLAT reserves order on Vedanta's pleas of Adani's bid for JAL

Vedanta's counsel questioned the evaluation metrics adopted by JAL lenders, who selected the bid from Adani Enterprises offering ₹14,535 crore and rejected Vedanta's higher bid of ₹17,926 crore

Razorpay's reported IPO route signals cautious market play among fintechs

Razorpay's reported IPO move points to a shift in market entry strategy with firms opting for confidential filings, and greater control over disclosures amid evolving market and regulatory conditions

IHCL completes acquisition of 51% stake in Brij Hospitality for ₹222 cr

Consequent to the acquisition, Brij has become a subsidiary of Indian Hotels Company Limited (IHCL)

Amazon targeted 32,000 bad actors, seized 15 mn counterfeits in 2025

Amazon's first Trustworthy Shopping Experience Report outlines efforts to tackle counterfeits, scams, and fake reviews using AI and global enforcement actions