Company News

Google's $10 billion Vizag data centre project to kick off next week

Google is set to begin work on its $10 billion hyperscale data centre in Visakhapatnam, marking a major FDI push and advancing Andhra Pradesh's 'AI City Vizag' plans

Classic Legends reroutes exports, turns profitable amid US uncertainty

Classic Legends shifts export focus to Europe and other markets while turning profitable, navigating US uncertainty and supply chain disruptions

Dabur India appoints Herjit S Bhalla as CEO for India business operations

Dabur India has appointed Herjit S Bhalla as CEO for its India business, with the former Hershey executive set to report to Global CEO Mohit Malhotra

Union Bank of India Q4 results: Net profit rises 6.6% to ₹5,316 crore

Stock drops 7% amid sequentially higher provisions

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

Amazon India to invest $300 mn to expand logistics, worker benefits

Move supports faster deliveries and AI-led operations under long-term India push

Ed-tech start-up AITS raises $4 million in pre-Series A funding round

AITS raises $4 million to expand Rysen School across Tier-II and III cities, targeting 100,000 students with tech-driven learning and 100 new campuses in three years

WhatsApp introduces prepaid mobile recharges for Jio, Airtel, and Vi

WhatsApp has introduced in-app prepaid mobile recharge for users in India, enabling seamless payments for Jio, Airtel and Vi plans as it expands its payments ecosystem

Bikaji Foods founder Shiv Ratan Agarwal passes away at 74 in Chennai

The 74-year-old complained of uneasiness and was rushed to a private hospital in Tamil Nadu's capital, where he breathed his last

Mphasis acquires TAP Business Intelligence for ₹68 crore to boost AI push

Through this acquisition, Mphasis and TAP will combine elements required to drive enterprise business outcomes using AI at scale

Cipla gets USFDA nod for respiratory issues treatment inhalation aerosol

The final approval granted by the US Food and Drug Administration (USFDA) is for the abbreviated new drug application (ANDA) of Albuterol sulfate inhalation aerosol

L&T secures contract to construct 7 residential towers in Gurugram

L&T vertical has also bagged many other orders in the domestic market, including for construction of proving ground (testing place) from an international company in Haryana

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

Maruti Suzuki sees record production of 2.34 million units in FY26

The company has also become the only firm among Suzuki Motor Corporation's global automobile manufacturing facilities, to achieve this landmark volume

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