Page 11 - Company News

HCLTech launches ₹185 crore advanced semiconductor lab in Bengaluru

The 40,000-square-foot facility will offer post-silicon engineering, advanced testing and failure analysis, supporting HCLTech's semiconductor solutions for global customers

IGM appoints Nirakar Chand as MD of bullion trading platform BullionX

India Gold Metaverse (IGM) on Tuesday announced the appointment of Nirakar Chand as Managing Director of its bullion trading vertical 'BullionX'.

Meta ran hundreds of ads showing AI child sexual abuse, NGO says

The ads collectively reached more than 29,000 people and typically used artificial intelligence to depict young children being molested, TTP said

JioBlackRock AMC eyes ₹25,000 cr AUM target by FY27, launches new fund

JioBlackRock AMC announced the launch of the JioBlackRock Balanced Advantage Fund on Tuesday, stating that its AUM have crossed Rs 22,000 crore, up from nearly Rs 16,000 crore in March.

NMDC implements wage revision for non-executives from January 2022

Revised structure provides for 100 per cent DA neutralisation, a 15 per cent minimum guaranteed benefit and perks at 30 per cent of basic pay under Cafeteria Approach

EBay probes how gender-test kits were available in India, listings removed

"EBay has controls in place intended to prevent certain gender-prediction products from being visible in India," it added.

Sun Pharma gets ratings boost from Moody's, S&P over $11.75-bn Organon bid

Rating agencies Moody's and S&P assigned investment-grade ratings to Sun Pharmaceutical Industries over the proposed USD 11.75-billion acquisition of US-based Organon & Co.

Bajaj Finance acquires 5% stake in AI video platform TrueFan AI

Investment builds on an existing commercial relationship under which Bajaj Finance has deployed TrueFan's platform to generate millions of personalised videos

Amazon India seller base tops 2 million ahead of festive season

More than 300,000 sellers joined the marketplace in the 15-18 months as Amazon lowers fees and expands AI tools and fulfillment services

Zomato's healthy food orders rise to 7.5% as younger users drive adoption

Healthy dishes now account for 7.5% of orders on Zomato, up from 5.3% two years ago, with users below 25 recording faster growth in adoption than older customers

Emami's BoroPlus expands into baby-care segment with FromMaa range

The launch comes as India's baby-care market, estimated at over Rs 40,000 crore, witnesses robust growth; the range will be available on e-commerce platforms

Hyundai Motor India targets 20% women executives in workforce by 2030

About 45 per cent of the management trainees and engineer trainees recruited by HMIL in 2026 are women, HMIL stated in a press release

DK Vertex plans ₹300 cr investment to expand convention centres in India

DK Vertex, an arm of the US-headquartered Vertex Group, recently inaugurated the DK Vertex Convention Centre at Udyog Vihar, Gurgaon, in association with MSME Business Forum India

STL targets ₹20,000 crore revenue by FY29 under 'Lakshya' growth plan

Sterlite Technologies Ltd (STL) posted consolidated revenue from operations of ₹4,745 crore in the financial year 2025-26, according to a regulatory filing

Mahindra eyes over 50% share in small pickups in FY27, bets on Veero

The company, which currently commands a 46 per cent share in the small pickup segment year-to-date through July, expects the addition of the 1.1-tonne CNG Veero to help it cross the 50% mark in FY27

TCS wins ₹122.6 cr bid to build AI-enabled governance platform for Odisha

TCS wins a ₹122.6-crore bid to implement OSWAS 3.0, the next phase of Odisha's digital governance platform, extending its partnership with the state government

Suzlon secures 200 MW wind energy order from Ayana Renewable Power

A devco-led order is an integrated development model, where a renewable energy supplier provides end-to-end project execution from early-stage site development to complete construction

Samsung India begins layoffs as costs rise, nearly 100 affected: Report

Samsung India's job cuts span multiple levels, with director-level officials, team leads, branch managers and area managers among those affected

W Health Ventures closes second fund at ₹700 cr, eyes company incubation

Healthcare-focused VC fund plans to deploy seed capital exclusively through a company creation model, targeting eight to 10 startups over a four-year investment period

ER&D firms need new playbook: Nasscom Vice-Chairperson Kishor Patil

Indian ER&D companies need to focus more on products and outcome-based models as AI squeezes traditional revenue streams, says KPIT co-founder Kishor Patil