Page 2 - Company News

TCS announces strategic partnership with Anthropic; to set up dedicated BU

IT services company will equip 50,000 employees with Claude AI as part of a deal to expand enterprise AI transformation

US drug regulator issues import alert for drugs made at a Dabur India plant

The action was taken after the FDA inspected the factory and flagged data integrity and maintenance lapses

Goldman Sachs, MFs buy 4% stake in GNG Electronics for ₹175 crore

GNG Electronics promoter Vidhi S Khandelwal pared around 4 per cent stake in the company on Thursday, according to an exchange filing

Craft chocolate startup Manam raises $9 mn to expand retail footprint

The Hyderabad-based company, which works with more than 250 cacao farmers in Andhra Pradesh, plans to open new stores in the Delhi-NCR region

Ashok Leyland explores autonomous Stallion, drones for armed forces

The commercial vehicle maker is also developing a hydrogen-powered Stallion and targeting defence mobility opportunities worth ₹11,000 crore over the next three to five years

Mukesh Ambani's Reliance Group enters Mumbai slum redevelopment sector

The tender also attracted bids from metals giant JSW Group and conglomerate Shapoorji Pallonji Group

Prestige, BACL plan integrated convention destination in Bengaluru

The 1.5 million sq ft development near Bengaluru airport will house a convention centre, performing arts venue, hotels, offices and retail spaces, with completion targeted by 2031

NCLT admits SBI's personal insolvency plea against Anil Ambani

A division bench comprising Judicial Member Sushil Mahadeorao Kochey and Technical Member Prabhat Kumar admitted the application through an oral order

Indian Overseas Bank raises rates on select fixed deposits by 10 bps

The state-owned lender has increased rates on select non-callable domestic fixed deposits, while Unity Small Finance Bank has revised rates on its 501-day scheme

NCLT admits SBI's plea to start insolvency process against Anil Ambani

The Mumbai bench of the NCLT admitted SBI's application seeking recovery of more than Rs 1,200 crore from Ambani under provisions of the Insolvency and Bankruptcy Code

Oil India signs pact with Canada's PTRC on clean energy research

The agreement aims to deepen energy cooperation between India and Canada as both countries pursue energy transition and sustainability goals

Delhi HC refuses bail to ex-CFO of Reliance Power in money laundering case

The case pertains to a bank guarantee of ₹68.2 crore submitted to the Solar Energy Corporation of India Limited (SECI) on behalf of Reliance NU BESS Limited

MakeMyTrip adds paid flexible check-in, check-out option for hotel bookings

As per the app, such bookings are available at extra charges across over 10,000 hotels, villas and homestays in India and over 1,000 properties across 20 international destinations

Smartworks leases Bengaluru office space with Sattva in a ₹589 crore deal

Smartworks Coworking Spaces has leased nearly 492,000 sq ft at Sattva Aura in Bengaluru, strengthening its presence in a key enterprise market driven by GCC and technology demand

TCS partners Anthropic to scale AI; to equip 50K employees with Claude

TCS will equip 50,000 of its associates across engineering, finance, legal, marketing, and sales with Claude through enterprise-wide licensing

Beyond Zaynich: Wockhardt bets on WCK 6777 as next blockbuster jab

Once-a-day injectable antibiotic aimed at treatment beyond hospitals through outpatient centres

Wockhardt targets 50% of revenue from novel drugs within five years

Wockhardt expects novel drugs to contribute over half its revenue within five years as it expands a differentiated antibiotic portfolio built through decades of R&D

Zee Entertainment plans ₹2,300 crore fundraise to back expansion plans

The company, which did not disclose a medium for the raise, said the board will deliberate further on options for raising funds

Fidelity pares Meesho stake, raises ₹988 crore through share sale

The shares were sold in the price range of ₹165.18-165.21 apiece, taking the combined transaction value to ₹988.15 crore

Artificial intelligence, geopolitics reshaping biz landscape: Chandra

Tata Consumer Products chairman N Chandrasekaran said businesses are focusing on resilience and productivity as global disruptions reshape markets and consumer behaviour