Page 342 - Company News

TCS partners with Kuwait's Jazeera Airways to drive AI-led transformation

The collaboration aims to modernize Jazeera Airways' digital platforms, including its website and mobile apps, and introduce an advanced AI-powered chatbot to enhance the customer experience

RackBank to scale up Raipur Datacentre Park investment to ₹3,000 crore

The company has launched its new purpose-built AI Datacentre Park in Raipur, the first in Chhattisgarh. The facility was inaugurated by Chhattisgarh Chief Minister Vishnu Deo Sai

Indian Bank Q4 profit rises 32% to ₹2,956 crore on improved core income

State-owned Indian Bank on Saturday reported a 32 per cent jump in net profit to Rs 2,956 crore for the March quarter of 2024-25, helped by a decline in bad loans and a rise in core income.

JioStar to spend Rs 33,000 crore on content in FY26: Uday Shankar

JioStar's Vice-Chairperson Uday Shankar emphasised that a new approach for monetisation is needed in the industry, which will in turn help Indian media companies to achieve huge valuations

Kotak Mahindra Bank Q4 results: Consolidated net profit down 7.5% Y-o-Y

On a standalone basis, the bank's net profit was down 14% Y-o-Y in Q4

ICAI likely to complete review of Gensol, BluSmart financials in 6 months

Chartered accountants' apex body ICAI is likely to complete the review of the financial statements of crisis-hit Gensol Engineering Ltd and BluSmart Mobility in six months, according to officials.

BPSL liquidation: What is Article 142? When can the Supreme Court use it?

Article 142 says that Supreme Court, in the exercise of its jurisdiction, may pass such decree or make such order as is necessary for doing complete justice in any cause or matter pending before it

Jio-Facebook deal: SAT nixes Reliance Industries plea against Sebi penalty

Tribunal upholds Sebi's Rs 30 lakh penalty on RIL for not disclosing the Jio-Facebook investment deal after media reports triggered stock movement in March 2020

Vi amends shareholders' pact to ease governance for promoter groups

Vodafone Idea lowers qualifying threshold for promoters in shareholders' pact to retain governance rights after government stake rises to 48.9 per cent

Apple to source most US iPhones from India in June quarter: Tim Cook

Tim Cook says majority of iPhones sold in the US this June quarter will be made in India as Apple diversifies its supply chain and braces for $900 million in tariff costs

Supreme Court scraps IBC buyout of Bhushan Power & Steel by JSW Steel

Calls resolution plan 'illegal', orders BPSL's liquidation

Banks stare at Bhushan Power & Steel again after SC liquidation order

Lenders may need to reverse recoveries from JSW's resolution plan for Bhushan Power & Steel as Supreme Court orders liquidation, triggering fresh provisioning concerns

How Bhushan Power & Steel entered the 'dirty dozen' list of defaulters

The insolvency proceedings drew interest from major suitors, including Tata Steel Ltd. and Liberty House of the UK

After global live sports lead, Tata Communications eyes regional markets

Tata Communications plans to expand its dominance in global live sports broadcasting into regional markets, leveraging tech and grassroots partnerships across India

Chinese giant Xiaomi slips out of top five as Apple hits top slot in Q1CY25

Only two brands in the top-ten have been able to increase their market share - Motorola and Google

FECs in India have gaps that need to be addressed: Bharti Real Estate CEO

Its MD&CEO says discussions on with many global players for indoor entertainment area

Reliance Power to invest Rs 10K cr for Asia's largest solar-BESS unit

Reliance Power's NU Suntech secures SECI contract to develop Asia's largest single-site solar-plus-battery project, with Rs 10,000 crore investment and 930 MW capacity

WAVES 2025: India big focus market for YouTube, says Gautam Anand

YouTube's Asia Pacific VP says India leads innovation for platform with Shorts, Create app, and shopping launched here first, highlighting its scale and growth potential

IBM, TCS, Andhra tie up to deploy India's largest quantum computer

The tech park will be anchored by an IBM Quantum System Two installation, with a 156-qubit Heron quantum processor, the largest quantum computer in India

Tech Mahindra to acquire 100% stake in Mahindra Racing UK for Rs 13.5 cr

Upon completion, MRUK will become a wholly owned subsidiary of TMLL and, by extension, of Tech Mahindra Ltd