Page 625 - Company News

LIC appoints Infosys to build NextGen platform as part of DIVE programme

LIC previously received IT support from industry majors such as TCS and Tech Mahindra

Cobalt serves as a funnel for Infosys' AI-led deals under Topaz platform

Even as the company launched Topaz, its AI-first offering last year, Cobalt has been preparing clients for their next big jump in adopting AI

Auto major M&M debuts small commercial vehicle to bridge intracity gap

Priced at Rs 7.99 lakh for the entry-level product, M&M launched the diesel and CNG variants, and an electric version will come in the future

Honda Motorcycle recalls 300-350 cc bikes to replace faulty parts

Units manufactured from October 2020 to April 2024 are affected under this potential issue, the company said

Baba Kalyani vs Gaurishankar: Kalyani siblings wage a battle of wills

Gaurishankar Kalyani, the low-profile contender, clashes with elder brother Baba Kalyani over family assets

JSW MG to launch 4 luxury cars in 2 years, to be sold through new channel

The first luxury car will be launched in the first quarter of 2025, and the company plans to open 12 MG Select showrooms

Adani, Wilmar likely to start stake sale in joint venture from October

The majority owners of Adani Wilmar are planning to sell a roughly 13 per cent interest in the company - valued at about $736 million

Police detain nearly 104 Samsung workers, union leaders for protest march

The detention marks an escalation of a strike by workers at a Samsung home appliance plant near Chennai

Hinduja group firm to raise Rs 3,000 crore as debentures to fund RCap buy

The zero-coupon debenture issue will open and close on Monday and attract a yield rate of 14.5 per cent

Microsoft announces Wave 2; AI integrated across all Microsoft 365 products

With these updates, Microsoft is bringing together work, web, and pages. Along with this, Copilot is now part of Excel, PowerPoint, Outlook, and OneDrive

Trent likely to replace Bajaj Finserv in Sensex rejig in December

If this happens, Bajaj Finance will be the sole remaining Bajaj group stock in the 30-share Sensex, following the removal of Bajaj Auto in December 2021

Interest, trust of investors humbling: Sanjiv Bajaj on BHFL listing

Says shareholders should expect a business that grows with high quality and high level of corporate governance

Poly Medicure to deploy Rs 1,000 cr fundraise for capex, future buys

The company is looking at portfolio expansion and increasing the number of products being added each year

Tata group preparing for the future, says Chairman N Chandrasekaran

Chandra said that as part of the transition, the group companies are offering more online products and embedding artificial intelligence into their internal processes

Godrej Consumer MD and CEO Sudhir Sitapati throws weight behind Dhaval Buch

Dhaval and Madhabi have been facing allegations of conflict of interest over providing consultancy services to corporates

How Intel lost Sony PlayStation deal worth potential $30 billion revenue

Dispute over profit margins blocked Intel-Sony deal, sources say

IDBI Caps invites counter bids on NARCL's base bid for Govindraja Mills

The consortium of lenders includes Indian Bank, State Bank of India, DBS Bank, Punjab National Bank, Bank of Maharashtra, Karur Vysya Bank, and City Union Bank apart from Canara Bank

Adani Energy's Kenya transmission deals still under talks: Report

News of the potential deal comes after Kenya confirmed the India-listed conglomerate is seeking another 30-year concession to run the nation's biggest airport

Rel Infra to consider raising long-term capital; board meeting on Sept 19

The company had previously raised Rs 550 crore by issuing shares on a preferential basis in July 2021

Water storage breach in Odisha impacts agricultural areas, says Vedanta

Vedanta Aluminium is actively addressing the breach occurred on Sep 15 as extreme weather caused elevated water levels and pressure in the facility's catchment area, a Vedanta spokesperson said