Company News

Franklin Templeton MF launches Sapphire Equity Long-Short SIF strategy

Franklin Templeton MF launches its first specialised investment fund, Sapphire Equity Long-Short SIF, using a quantitative strategy with selective shorting to manage downside risks

Mahagun Group secures ₹225 crore from CSL Finance to speed up delivery

Mahagun Group raises Rs 225 crore from CSL Finance to accelerate construction and improve liquidity, following its recent exit of Blackstone-backed ASK Property Fund

No windfall tax on diesel, ATF exports from Reliance SEZ refinery

Judicial rulings shield SEZ refinery as govt reimposes export levies

JioBlackRock CEO Marc Pilgrem to exit, Swapnil Bhaskar to take charge

Marc Pilgrem will step down from JioBlackRock Investment Advisers and return to BlackRock, with Swapnil Bhaskar set to take over as CEO as the venture expands its digital wealth platform

SAIL chief Amarendu Prakash resigns; Krishna Kumar Singh gets interim role

In a filing to the BSE, SAIL said that Prakash tendered his resignation notice to the ministry on January 2

Iran war has fuelled 15-20% spike in solar module prices: SAEL CEO

Solar module prices have risen up to 20 per cent amid supply disruptions, rising freight costs, and higher metal prices triggered by the Iran conflict

Alkem Labs to increase investment to ₹1,036 crore for new unit in Ujjain

Earlier, the company had stated that it has received allotment letter from DMIC Vikram Udyogpuri, for allotment of 30 acres land for setting up of greenfield formulations manufacturing unit at Ujjain

Ola Electric cuts Roadster 9.1 price by ₹60,000, cites cost efficiencies

Ola Electric said it will transition from open sales of Roadster X+ 9.1 kWh to a limited purchase window model, with vehicles made available in specific time-bound slots and limited quantities

ANI-OpenAI dispute: Delhi High Court reserves order in AI copyright case

The Delhi High Court has reserved its order in ANI's copyright case against OpenAI, which alleges its news articles were used to train ChatGPT without permission or payment

ServiceNow appoints Kulmeet Bawa as MD and group VP for the India, SAARC

Former SAP global CRO and Adobe South Asia head Kulmeet Bawa will lead ServiceNow's India and SAARC operations, focusing on growth, customer engagement and digital transformation initiatives

Airtel crosses 650 mn users, cements spot as world's second-largest telco

Bharti Airtel strengthens its global standing with 650 million users across India and Africa, while expanding into digital services, financial products and satellite communications

Apple celebrates 50th anniversary: From garage dream to global powerhouse

Now celebrating its 50th anniversary, Apple has profoundly shaped both the technology industry and daily life

Govt's new shipping ventures may see split SCI entities' reunion

SCI needs approx ₹6,000 crore to invest as equity in Bharat Container Line, oil tanker biz with OMCs

Early morning pink slips from Oracle a wakeup call on AI transition?

Tech giant joins industry peers in pivoting towards AI infrastructure, triggering a massive workforce restructure across global and Indian operations

Goodricke Group brews new growth plan with branded dairy products

Goodricke Group plans to enter dairy with A2 ghee and paneer, leveraging estate land while cutting reliance on tea gardens and expanding into premium and diversified agri ventures

YES Bank names S Anantharaman as CRO to strengthen risk management

YES Bank appoints S Anantharaman as Chief Risk Officer to oversee enterprise-wide risk, including credit, market, and operational frameworks

Circulate Capital raises $220 million in first close of Asia-focused fund

The fund has drawn backing from investors, such as Builders Vision and Emerging Market Climate Action Fund (EMCAF)

Glenmark takes direct control of Ryaltris sales in US from April 2026

Glenmark will directly manage Ryaltris sales in the US from April 2026, strengthening its innovation-led portfolio and expanding its commercial presence in the market

Swiggy's investor relations head Abhishek Agarwal quits; CFO to take charge

Prior to joining Swiggy, Agarwal worked as the head of investor relations at Embassy REIT

Jubilant FoodWorks extends Domino's India franchise pact by 15 years

Jubilant FoodWorks renews its exclusive Domino's franchise in India for 15 years, with an option to extend the agreement further by 10 years