Page 49 - Company News

Visa appoints Suresh Sethi as group country manager for India, South Asia

Based in Mumbai, Sethi will report to Stephen Karpin, Regional President, Asia Pacific, Visa

L&T Realty expands development portfolio with first land acquisition in NCR

This acquisition will enable L&T Realty Properties to leverage the land owned by IGSL for enhancing and expanding its real estate development portfolio

JSW Motors plan to set up 'experience centres' to debut its India car brand

JSW Motors plans to set up at least four 'experience centres' across key Indian cities including Mumbai, New Delhi and Ahmedabad, before rolling out its debut product in the second half of the year

Vipul Organics unit begins membrane sales, targets 25% revenue share

AdiMem will launch Reverse Osmosis (RO) and Ultrafiltration (UF) membrane manufacturing at its Sayakha, Gujarat facility using proprietary Reverse Phase Transition technology

Jefferies maintains 'Buy' on Paytm; sees growth intact despite PPBL curbs

In its latest report, Jefferies stated that Paytm had already undertaken comprehensive structural changes over the past two years, following the regulator's 2024 restrictions on PPBL

Sun Pharma to acquire US drugmaker Organon in $11.75 billion all-cash deal

The acquisition would help Sun Pharma further expand its ‌women's health portfolio with access to Organon's portfolio of more than 70 products across women's health and general medicines

Indian tech giants struggle to shake off $115 bn rout amid weak demand

The selloff in stocks has deepened since Tata Consultancy Services kicked off earnings on April 9, with nearly $115 billion now wiped off the value of the IT gauge over four months

IT services major LTM to launch AI-linked pricing model in FY27

LTM plans to launch Blueverse Credit, an AI-based pricing model combining human effort and digital employees, shifting beyond traditional billing methods

JioStar moves Bombay High Court against CCI order in broadcast dispute

JioStar moves Bombay High Court, challenging CCI's jurisdiction in Asianet dispute, arguing the matter falls under TRAI's regulatory domain

Statsguru: Tim Cook reshaped Jobs legacy; now it's over to Ternus

As Tim Cook steps down after 15 years, John Ternus inherits a more mature Apple shaped by services growth, rising R&D focus, and India's expanding iPhone market

70% clients shielded from West Asia war, says LTTS CEO Amit Chadha

LTTS, an engineering research and development (ER&D) company, reported an 8.3 per cent rise in revenue in the fourth quarter but its dollar revenue growth was flat at 0.3 per cent

Paytm's wallet sees a shake-up as RBI cancels payments bank licence

Company claims no material impact despite cancellation of payments bank's licence

DMRC appoints Sanjay Jamuar as first CEO of Delhi Metro International

Former IRTS officer to lead DMRC's global arm as it expands metro consultancy and project execution in India and overseas markets

AI adoption to influence salary growth within 2-3 yrs: TeamLease Edtech CEO

Companies in India are no longer treating AI skills as optional experimentation - they are moving into the core capability stack, CEO Shantanu Rooj said

NTPC exploring two nuclear power units of 1,400 MW in Bihar's Banka

The Bihar government has also assured full support for the project and water availability. Initial estimates suggest that around 1,000 acres of land would be required for these units

Reliance navigates oil market volatility with diverse sourcing, ops shifts

Reliance said it "worked with West Asia suppliers on alternative routing for stranded crude." It, however, did not elaborate

CIL plans comprehensive 10-year roadmap to slash 243 MT coal imports

The proposed roadmap targeting coal import cuts includes a detailed forensic audit of imports, backed by sector-specific policies and phased shift strategies to boost local supply

Adani Green to invest ₹15,000 cr to add 10 GWh battery storage in FY27

The proposed addition will be over and above the roughly 3 GWh of installed storage capacity the company expects to reach shortly, following the commissioning of 1.4 GWh during FY26

'India set to be FlixBus' largest market by passenger volume by 2030'

The company, which entered the Indian market in February 2024, currently offers only intercity bus services in India and plans to further scale its operations on the Delhi-Dehradun corridor

Pine Labs acquires Shopflo in ₹88 crore deal to expand D2C ecosystem

Acquisition of checkout platform Shopflo aims to strengthen Pine Labs' full-stack commerce offering and deepen engagement with D2C merchants across online and offline channels