Page 25 - Company News

IndiQube signs ₹54 crore Pune deal for 1,140 seats with GCC client

IndiQube Spaces signs a Rs 54 crore, five-year deal for 1,140 seats in Pune, highlighting growing demand from global capability centres for flexible workspaces in India

A-I Delhi-Vancouver flight returns after 7 hours over operational issue

Without providing specific details, Air India, in a statement on Friday, said the aircraft landed safely at the Delhi airport

Paranjape Schemes to invest ₹700 crore to develop 1,400 homes in Pune

In a statement on Friday, the company said it has launched a series of new residential projects across Pune West as part of its upcoming festive season offerings

Mahindra Holidays & Resorts India launches 2 new resorts in Maharashtra, MP

The two new properties strengthen the company's presence across Western and Central India

Flipkart Group CFO Sriram Venkataraman quits; Nishant Verman rejoins as SVP

Venkataraman will remain with the company 'for a period of time' to ensure continuity and a smooth transition

TCS, Swissport International extend tech support partnership by 5 years

Indian IT services company to drive aviation services provider's AI transformation, Cloud modernisation

Thyssenkrupp-Jindal steel sale talks 'not moving forward': Deputy chairman

Juergen Kerner said labour representatives ‌had presented Jindal, which has been doing due diligence on Thyssenkrupp's steel unit since October, with a detailed questionnaire

Ozempic copies set to crash to $14 in India as generic GLP-1 era starts

Natco Pharma Ltd. plans to sell an injection for semaglutide, the active ingredient in both Ozempic and Wegovy - with prices starting from ₹1,290

HDFC Bank chief's exit baffles investors, wipes $7 bn off market value

HDFC Bank spent Thursday trying to explain why Chakraborty, a former senior bureaucrat in PM Narendra Modi's administration, left after almost five years as part-time chairman of the lender

US announces $10 billion support for Essar Group's Minnesota steel project

The US backs Essar's Mesabi Metallics project with up to $10 billion to boost iron ore output in Minnesota, create jobs and strengthen supply chains with India and Indo-Pacific partners

Gujarat clears new Tata Power deal to resume long-term supply from Mundra

The deal comes as a relief to ‌India, which is looking to maximise power output from its coal plants amid an escalating West Asia conflict that is expected to lead to a gas shortage during summer

HDFC Bank firefights after chairman Atanu Chakraborty's abrupt exit

RBI clears the air on governance concerns; mcap falls ₹66,433 cr

HDFC Bank may ask ex-chairman Chakraborty to explain resignation concerns

HDFC Bank board may seek clarification from former chairman Atanu Chakraborty over concerns cited in his resignation letter amid questions on governance and management relations

At 71, Keki Mistry underscores integrity at HDFC Bank amid concerns

Keki Mistry takes charge as interim chairman of HDFC Bank, assuring stakeholders on governance and integrity after Atanu Chakraborty's resignation

HDFC Bank board likely to approve CEO Sashidhar Jagdishan reappointment

During an analyst call in the morning, Jagdishan said the best period of the bank will start now, with growth returning to pre-merger levels

Skoda Auto India keeps foot on the pedal, targets 10-12% growth

Skoda Auto India targets 10-12% growth in 2026, outpacing the market, even as West Asia tensions and rising oil prices pose risks to demand and supply chains

Cybersecurity needs more than human intervention in AI age: Nicole Quinn

AI has shortened ransomware attack timelines, making cybersecurity more complex and requiring firms to embed protection from the outset, says Palo Alto Networks executive

Eli Lilly banks on tirzepatide's clinical edge as GLP-1 generics loom

Lilly positions tirzepatide as a clinically superior option as semaglutide patent expiry triggers a wave of generics, intensifying competition in India's diabetes and obesity market

Gas-based power plants increasingly becoming impractical: NTPC chief

NTPC Chairman Gurdeep Singh flags viability concerns for gas-based power plants amid fuel supply uncertainties and stresses need for flexible generation solutions

Aditya Khaitan steps down from Kilburn Engineering board amid changes

Aditya Khaitan steps down as non-executive director of Kilburn Engineering, citing other commitments amid board-level changes within the promoter group