Page 53 - Company News
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
 "Wegovy copycat to be priced competitively with 50-60% discounts: Dr Reddy's")
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
 "Tata Sons board meet next week likely to steer leadership dialogue")
Adani group commits $100 billion for RE-powered AI data centres
Likely to create $250 bn AI infra ecosystem over a decade
 "Adani group commits $100 billion for RE-powered AI data centres")
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
 "Real challenge lies in execution of AI: Infosys chairman Nandan Nilekani")
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 reveals AI accounted 5.5% of its revenue share in Dec quarter")
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
 "Dabur elevates Mohit Malhotra as global CEO, names Herjit Bhalla India CEO")
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
 "Carlsberg considers IPO listing to unlock shareholder value: Group CEO")
Looking to build CMF as independent brand: Nothing co-founder Evangelidis
Company is also looking to hire more employees in India, where it currently has 150-odd employees, will onboard talent based on the needs and growth of its brands, Nothing and CMF, Evangelidis said
 "Looking to build CMF as independent brand: Nothing co-founder Evangelidis")
Airtel Money gets RBI clearance to operate as Type II non-deposit NBFC
Airtel Money has secured RBI registration to function as a Type II non-deposit NBFC, with Bharti Airtel issuing the regulator's mandated disclaimer on financial soundness and liability obligations
 "Airtel Money gets RBI clearance to operate as Type II non-deposit NBFC")
AWS India, Yotta to provide hybrid cloud infra for Meghraj 2.0 initiative
Amazon Web Services India and Yotta Data Services will collaborate to deploy a hybrid cloud infrastructure for the National Informatics Centre's Meghraj 2.0 initiative.
 "AWS India, Yotta to provide hybrid cloud infra for Meghraj 2.0 initiative")
NPCIL reconnects Tarapur Atomic Power Station's Unit-1 to power grid
An official release issued by the NPCIL said the life-extension activities were executed under "stringent regulatory oversight" and align with global nuclear safety standards
 "NPCIL reconnects Tarapur Atomic Power Station's Unit-1 to power grid")
Eternal partners with OpenAI to boost AI across Zomato, Blinkit, District
Eternal is strengthening AI infrastructure across its consumer and enterprise platforms, building AI as foundational infrastructure across its commerce ecosystem
 "Eternal partners with OpenAI to boost AI across Zomato, Blinkit, District")
CCPA fines Snapdeal ₹5 lakh for selling toys violating BIS standards
A final order against Snapdeal (Ace Vector Limited) has been issued after taking suo-motu cognizance of the matter, CCPA Chief Commissioner Nidhi Khare told PTI
 "CCPA fines Snapdeal ₹5 lakh for selling toys violating BIS standards")
AI to reshape tech careers, coding won't stay core: Nandan Nilekani
Nilekani stressed that legacy system modernization can no longer be deferred, citing high maintenance costs, siloed data, and rising security risks
 "AI to reshape tech careers, coding won't stay core: Nandan Nilekani")
Black Box signs ₹275 cr Brazil deal in boost to global digital infra push
Essar Group firm advances India and overseas strategy amid rising demand for data centre, network and cybersecurity services
 "Black Box signs ₹275 cr Brazil deal in boost to global digital infra push")
Maruti Suzuki launches its first EV with battery rental scheme
The car has been developed under parent Suzuki Motor's global design and manufacturing partnership with Toyota and is built in India
 "Maruti Suzuki launches its first EV with battery rental scheme")
Adani Group plans to invest $100 bn in AI-ready data centres by 2035
The planned data centres will include dedicated computing capacity for Indian large language models (LLMs) and other national data projects
 "Adani Group plans to invest $100 bn in AI-ready data centres by 2035")
Reliance-backed Zivame bets on small cities with 60-80 new stores: COO
Zivame is focusing on India's tier-2 and tier-3 cities for its next phase of growth, where demand is increasingly mirroring that of metro markets as social media accelerates adoption
 "Reliance-backed Zivame bets on small cities with 60-80 new stores: COO")
Naturals plans IPO by 2028 if stake talks with Reliance fail: Executive
With about 900 outlets, Naturals is one of India's largest organised salon chains, ahead of peers such as Lakme and Geetanjali Salon, in a market otherwise dominated by unorganised players
 "Naturals plans IPO by 2028 if stake talks with Reliance fail: Executive")