Page 6 - Company News

Krafton plans ₹6,000 crore fund for Asian tech firms, India in focus

Krafton's investment in the form of the new investment fund comes at a time when the company is accelerating its presence in the region

Cert-In flags multiple vulnerabilities in Apple's iPhone, iPad OS

These vulnerabilities, Cert-In said, could leave Apple users at risk of unauthorised access to sensitive data on their devices, cause service disruptions, and compromise the entire device

Amrut Distilleries targets ₹750 crore revenue by 2030 on steady demand

The company highlighted that the planned investment will be allocated towards incremental upgrades and operational efficiencies

SBI onboards 541 probationary officers as hiring drive continues

State Bank of India onboarded 541 probationary officers, taking a step towards its plan to hire 18,000 employees this financial year

GlobalLogic sees higher conversion rate of AI PoCs to deployment

GlobalLogic says 40-50% of its AI pilots move to production, far above global averages, as enterprises focus on agentic and physical AI for real business gains

NTPC prepares 244 GW expansion plan till 2037 with ₹7 trillion investment

CMD Gurdeep Singh has shared growth and expansion plans of the company in a lenders' meet, NTPC statement said on Thursday

Tata Power raises ₹2,000 crore via issuance of NCDs on private placement

The NCDs are to be issued to identified investors on a private placement basis, on the terms and conditions as mentioned in the placement memorandum for the said issue and other transaction documents

Pfizer, Cipla sign exclusive marketing, distribution deal for 4 brands

Pfizer India Country President Meenakshi Nevatia said the partnership with Cipla will help expand the reach of its medicines to patients

ED returns ₹300 crore to clear unpaid dues of Kingfisher's employees

The development came after the Debts Recovery Tribunal (DRT) in Chennai passed an order on December 12

Coca-Cola India FY25 result: PAT rises 46% to ₹615 cr, revenue at ₹5,042 cr

Coca-Cola India's expenses on advertising and sales promotion decreased ₹13.75 crore to ₹1,311.13 crore for the year under review from ₹1,520.22 crore in FY24

Flipkart buys stake in Minivet AI to drive GenAI-led ecomm innovation

The acquisition is a strategic move to build and invest in core Generative AI (GenAI) capabilities, at a time when e-commerce is rapidly shifting towards visual, conversational, and AI-led discovery

IBM to skill 5 mn Indian youth in AI, cybersecurity and quantum by 2030

The initiative is expected to support IBM's goal of creating a more equitable and future-ready workforce by expanding access to advanced digital skills and improving employability

Adani's airport unit plans $11 bn investment, seeks partner ahead of IPO

Adani Airport Holdings currently operates seven airports, including those in Mumbai and Ahmedabad, and is now targeting 11 more airports slated for privatisation, Jeet Adani said

IndiGo top brass to fan out across network with 'rebuilding' message

Before the crisis, the airline operated a total of 2,300 flights per day - about 2,000 domestic and about 300 international

Japan's Mitsubishi UFJ Financial Group looks to buy 20% in Shriram Finance

Shriram group may still stay promoter after $4 bn deal

Bharti Airtel to call for nearly ₹15,741 crore tranche of rights issue

Board approves changes to SHA with Singtel; Gopal Vittal becomes executive vice chairman, Shashwat Sharma becomes MD and CEO from January 1

NCLT approves first stage of Adani Harbour and Adani Ports merger

The companies had approached the tribunal under Sections 230 to 232 of the Companies Act, seeking approval at the initial stage of the merger, with July 1, 2025 proposed as the appointed date

HCLTech buys telco solutions business from HPE for nearly $160 million

The deal will also help HCLTech to beef up its engineering and AI-led network propositions to global communication service providers

CuePilot AI secures $1.8 million to bring voice-first AI into preschools

Round from Eximius Ventures and Titan Capital, led by Unilazer Ventures (backed by Ronnie Screwvala)

Max to invest over ₹1K cr in 450-bed Pune hospital, eyes West India growth

This will be Max Healthcare's fourth facility in Maharashtra after the 350-bed Nanavati Max Hospital situated in Mumbai and 212-bed Alexis Hospital in Nagpur