Company News

Indian tech giants struggle to shake off $115 bn rout amid weak demand

The selloff in stocks has deepened since Tata Consultancy Services kicked off earnings on April 9, with nearly $115 billion now wiped off the value of the IT gauge over four months

Sun Pharma to acquire US drugmaker Organon in $11.75 billion all-cash deal

The deal would give Sun ‌Pharma full ownership ​of Organon, ‌which was spun off from ‌Merck in 2021 that focuses ‌on women's ​health, biosimilars ​and established medicines

IT services major LTM to launch AI-linked pricing model in FY27

LTM plans to launch Blueverse Credit, an AI-based pricing model combining human effort and digital employees, shifting beyond traditional billing methods

JioStar moves Bombay High Court against CCI order in broadcast dispute

JioStar moves Bombay High Court, challenging CCI's jurisdiction in Asianet dispute, arguing the matter falls under TRAI's regulatory domain

Statsguru: Tim Cook reshaped Jobs legacy; now it's over to Ternus

As Tim Cook steps down after 15 years, John Ternus inherits a more mature Apple shaped by services growth, rising R&D focus, and India's expanding iPhone market

70% clients shielded from West Asia war, says LTTS CEO Amit Chaddha

LTTS, an engineering research and development (ER&D) company, reported an 8.3 per cent rise in revenue in the fourth quarter but its dollar revenue growth was flat at 0.3 per cent

Paytm's wallet sees a shake-up as RBI cancels payments bank licence

Company claims no material impact despite cancellation of payments bank's licence

DMRC appoints Sanjay Jamuar as first CEO of Delhi Metro International

Former IRTS officer to lead DMRC's global arm as it expands metro consultancy and project execution in India and overseas markets

AI adoption to influence salary growth within 2-3 yrs: TeamLease Edtech CEO

Companies in India are no longer treating AI skills as optional experimentation - they are moving into the core capability stack, CEO Shantanu Rooj said

NTPC exploring two nuclear power units of 1,400 MW in Bihar's Banka

The Bihar government has also assured full support for the project and water availability. Initial estimates suggest that around 1,000 acres of land would be required for these units

Reliance navigates oil market volatility with diverse sourcing, ops shifts

Reliance said it "worked with West Asia suppliers on alternative routing for stranded crude." It, however, did not elaborate

CIL plans comprehensive 10-year roadmap to slash 243 MT coal imports

The proposed roadmap targeting coal import cuts includes a detailed forensic audit of imports, backed by sector-specific policies and phased shift strategies to boost local supply

Adani Green to invest ₹15,000 cr to add 10 GWh battery storage in FY27

The proposed addition will be over and above the roughly 3 GWh of installed storage capacity the company expects to reach shortly, following the commissioning of 1.4 GWh during FY26

'India set to be FlixBus' largest market by passenger volume by 2030'

The company, which entered the Indian market in February 2024, currently offers only intercity bus services in India and plans to further scale its operations on the Delhi-Dehradun corridor

Pine Labs acquires Shopflo in ₹88 crore deal to expand D2C ecosystem

Acquisition of checkout platform Shopflo aims to strengthen Pine Labs' full-stack commerce offering and deepen engagement with D2C merchants across online and offline channels

Mahindra ranks 25th in top 100 valuable global auto brands: Report

Eight Indian auto brands feature in global top 100, with Mahindra leading at 25th as strong SUV demand, EV push and global expansion drive rising brand value

Flipkart elevates senior executives ahead of potential IPO launch

Walmart-owned e-commerce firm strengthens leadership bench to support next phase of growth and scale

ED raids Raheja Developers in money laundering case over fraud with buyers

The searches are being conducted in the matter of alleged fraud with the home buyers and non delivery of flats in its project Raheja Revanta, as per the officials

Lodha Developers targets 17% pre-sales growth in FY27 at ₹24,000 crore

During the full 2025-26 fiscal, the company's sales bookings rose 16 per cent to ₹20,530 crore from ₹17,630 crore in the preceding year

Stellantis India hits 50,000 vehicle milestone at TN manufacturing unit

Stellantis India marks the rollout of its 50,000th vehicle from the Thiruvallur plant, underlining India's role in global manufacturing, exports, and engineering excellence