Page 6 - Company News

Biggest opportunity lies in operationalising AI across firms: Coforge CEO

Coforge CEO Sudhir Singh says IT services firms can bridge the gap between AI adoption and operationalisation as the technology puts pressure on traditional businesses.

Puravankara secures ₹2,600 cr redevelopment rights in Mumbai's Goregaon

Spread across 4.68 acres in Goregaon West, the project has a developable potential of about 1.05 million sq ft and marks Puravankara's eighth Mumbai redevelopment.

Semicon India: Tata Electronics inks pacts with global, Indian players

Partnerships with Nexperia, Fujifilm, Besi, SCL and Gati Shakti Vishwavidyalaya span wafer fabrication, advanced packaging, materials, chip design and skilling

Hiranandani-backed Greenbase to invest ₹3,500 cr in logistics space

Greenbase plans to develop 9 million sq ft of industrial, warehousing and logistics infrastructure over five years, with 5 million sq ft planned in Tamil Nadu

Chandra's reappointment 'illegal', says Noel Tata-led Tata Trusts

Tata Trusts has called N Chandrasekaran's reappointment as Tata Sons chairman "illegal", citing the company's Articles of Association and Noel Tata's dissenting vote

DheyaTech raises ₹43 crore to scale up small gas turbine engine output

Avaana Capital-led funding will help DheyaTech expand manufacturing, establish an integrated testing facility and accelerate deployment of its propulsion technologies.

Brookfield to invest up to $600 mn in ACME's green molecule business

Brookfield will invest up to $600 million in ACME Cleantech Ventures to fund green molecule projects in India and the Middle East, marking its regional entry into the sector

HCLTech launches new business unit to help mid-sized firms scale AI

HCLTech Pulse will target enterprises with annual revenues of $500 million to $5 billion, offering AI, data, cloud, cybersecurity and engineering services

Delhi HC records takedown of Bombay Shaving Co ad in Gillette dispute

Bombay Shaving Company told the Delhi High Court that the advertisement and references to the court and earlier litigation had been removed from platforms under its control

An 11-year bet on rented sofas pays off for Accel as RentoMojo lists

RentoMojo shares jumped nearly 19% on debut as Accel, the platform's earliest institutional backer, sold about ₹317 crore of stock, the single largest stake in the IPO

Godrej Wealth steps up expansion, plans to enter AMC business next year

Godrej Wealth plans to enter the asset management business next year as it seeks to expand its offerings and build a broader wealth and investment management platform

Noel Tata opposes Chandra's reappointment, calls decision 'premature'

The Tata Sons board approved a five-year extension for Chandrasekaran at the board meeting. The decision was taken despite Noel Tata's opposition

Tata Sons to go public: A look at years of legal and regulatory hurdles

Tata Sons' board has cleared a listing plan after years of legal and regulatory hurdles. Here's a look at the key events that shaped the Tata group holding company's road to the IPO

Advent to invest $328.5 million in Yatharth Hospital for 24.9% stake

After the investment, the founding ‌Tyagi family ​will remain ​Yatharth Hospital's largest shareholder

Peak XV Partners sells 1.46$ stake in Groww for ₹1,756 cr in block deal

Peak XV Partners Investments VI-1, an affiliate of the venture capital firm, offloaded 9,17,14,208 shares, representing a 1.46 per cent stake in the Bengaluru-based trading platform

Applied Materials to invest $5 billion in India over next decade

Applied Materials, one of the world's largest semiconductor equipment makers, ​said its India investment will center on research, supply chain scale-up and workforce growth

Adidas begins layoffs at Gurugram tech hub amid restructuring push

Adidas said the changes were intended to simplify parts of the organisation, strengthen critical capabilities and position the company for long-term success

RBI NBFC FAQs offer clarity on rules relevant to Tata Sons' de-registration

RBI's latest NBFC FAQs clarify definitions of CICs, principal business and public funds, shedding light on regulatory issues relevant to Tata Sons' failed deregistration bid

Tata Sons board to mull asking Chandrasekaran to stay on amid RBI IPO push

The holding company's board is set to consider its listing obligations after the RBI refused to relax the rules, while its committee may seek the chairman's continuation

Fortis moves SC against HC forensic audit order in company transactions

Fortis challenges forensic audit order in Supreme Court over alleged asset erosion during Daiichi Sankyo enforcement proceedings