Page 29 - Company News

Microsoft on track to invest $50 billion by end of decade, says Brad Smith

Microsoft president Brad Smith said the firm is on pace to invest $50 billion by 2030 to build AI infrastructure, skills and access across the Global South, with India a key focus

FedEx to invest ₹2,500 cr in automated cargo hub at Navi Mumbai airport

The investment will support a proposed 300,000 square feet facility designed as a regional consolidation and redistribution hub and developed in partnership with Adani Airport Holdings (AAHL)

Rising temperatures to drive 30% growth in Mother Dairy's summer sales

He said, innovation and product localisation are at the heart of our summer plans across both ice cream and fresh dairy portfolios

Central Park unveils ₹1,200-cr luxury project Belanova along Sohna Road

Central Park will invest ₹1,200 crore in its new ultra-luxury Belanova project in Gurugram, targeting sales of up to ₹3,000 crore with phased pricing and strong early demand

Case filed against Blinkit for selling knives beyond legal blade size

Objects up to a maximum blade length of 7.62 cm and a width of 1.72 cm are allowed as per the rules; anything more than that is illegal

L&T, Nvidia to set up gigawatt-scale AI data centre infrastructure in India

L&T said that the partnership will work on developing AI-ready data centre infrastructure to support large-scale workloads across sectors such as manufacturing and infrastructure

MakeMyTrip partners with OpenAI to improve AI-led travel bookings

MakeMyTrip will use OpenAI's APIs (application programming interfaces) to power new artificial intelligence features in its app

French major Valeo plans to invest $236.7 million to expand sales in India

Valeo said it would be investing more than $236.7 million in the coming years to expand its presence in India

Makemytrip ties up with OpenAI, to use APIs for new app features

Online travel major MakeMyTrip will integrate OpenAI's APIs into its GenAI assistant Myra to convert conversational travel queries into personalised, bookable options

Adani's APSEZ, French port Marseille Fos sign pact to boost connectivity

The initial pact proposes the creation of an IMEC Ports Club to enhance coordination among key ports along the IMEC route and reinforce connectivity between India and the European Union

Nestle CEO, management under pressure as infant formula crisis adds to woes

The tainted infant-milk mess, triggered by a contaminated ingredient, came as the world's biggest food company was already struggling to revive its shares from their multi-year lows

2026 will be year of brand resurgence for Nissan in India, says MD

The company, which currently sells just one model Magnite in the country, on Tuesday launched its second offering -- the seven-seater MPV Gravite

Wegovy copycat to be priced competitively with 50-60% discounts: Dr Reddy's

Wegovy's monthly price in India ranges from ₹10,850 ($119.65) for the lowest 0.25 mg dose to ₹16,400 for the highest 2.4 mg dose

Tata Sons board meet next week likely to steer leadership dialogue

Tata Trusts, the largest shareholder of Tata Sons, had last year passed a resolution recommending a third term for N Chandrasekaran

Adani group commits $100 billion for RE-powered AI data centres

Likely to create $250 bn AI infra ecosystem over a decade

Real challenge lies in execution of AI: Infosys chairman Nandan Nilekani

Speaking to analysts, Nilekani said there was "no opportunity gap" in the AI era

Infosys reveals AI accounted 5.5% of its revenue share in Dec quarter

The disclosure comes as India's $283 billion IT industry faces rising investor concerns about AI's potential to disrupt traditional, labour-intensive outsourcing models

Infosys partners with Anthropic for AI solutions with focus on agentic AI

At the core of the collaboration is the integration of Anthropic's Claude models, including Claude Code, with Infosys Topaz AI offerings

Dabur elevates Mohit Malhotra as global CEO, names Herjit Bhalla India CEO

Bhalla, who will take over the role on April 15, is currently vice ‌president, Canada & Global Customers at U.S.-based confectionery giant Hershey Co

Carlsberg considers IPO listing to unlock shareholder value: Group CEO

Ending speculation, Andersen, during the investor call, revealed the company's listing plans; however, he added that no final decision has been made so far