Page 5 - Company News

Pegasystems opens new Bengaluru office with ₹60-crore investment

The enterprise AI software company says the new Bengaluru office will strengthen engineering, innovation and client engagement as part of its India expansion strategy

Hero MotoCorp, WeWork lease 3.5 lakh sq ft in Worldmark for ₹922 crore

Hero MotoCorp and WeWork have signed separate long-term office leases at Bharti Real Estate's Worldmark complex in Aerocity, with a combined rental outlay of about Rs 922 crore

Axis Bank scales AI deployment across operations: MD & CEO Amitabh Chaudhry

Axis Bank scales up AI deployment across operations, customer service and risk functions, targeting wider automation and productivity gains by FY27

Bajaj Auto to strengthen 125cc-plus bikes, turbocharge Chetak in FY27

The company will also look to boost exports given the recovery across key international markets, whilst navigating the challenges and disruptions in global logistics

Nisus Finance eyes ₹4K cr fundraise through India-UAE property platform

Nisus Finance aims to raise up to Rs 4,000 crore over 18-24 months through an India-UAE platform targeting redevelopment, plotted development and asset-backed real estate

Corporate cybercrime: Why businesses are becoming prime targets of hackers

From ransomware and boss scams to AI-powered phishing and data theft, cybercrime is becoming a boardroom concern as companies emerge as the most lucrative targets for organised attackers

JSW Infra's QIP attracts seven-fold demand with ₹50,350 cr in bids

The shares were offered at a floor price of ₹285 apiece, representing a 7.2 per cent discount to the company's June 22 closing price of ₹307.25 on the BSE

India's growth story will support long-term CV demand: Tata Motors CEO

The Tata Motors MD and CEO said higher diesel and commodity prices could affect commercial vehicle demand in the near term, though strong economic growth is expected to support the sector over time

Alpha Wave sells entire 1.9 pc stake in Delhivery; stock falls over 2 pc

Following the stake sale, shares of Delhivery on Thursday fell 2.21 per cent to trade at ₹470.40 apiece on the NSE

India set to approve Geely-backed investment of $370 mn as China ties thaw

The proposed investment by Horse Powertrain, backed by Geely and Renault, would support local production of advanced hybrid engines and powertrains

Adani's lawyers ask US court to formally end bribery case after DOJ retreat

The Indian billionaire's lawyers argued that the case falls outside US jurisdiction and that prosecutors cannot prove the alleged bribery in India

Vedanta forays into real estate sector to unlock value from surplus land

Vedanta has incorporated Vedanta Property Platforms Ltd to enter real estate and monetise surplus land and non-core assets

Panasonic's battery manufacturing unit fears shutdown over waste rules

The company says compliance costs under the Battery Waste Management Rules could exceed profits, threatening the viability of its dry-cell battery manufacturing business in India

Deeptech startup QOSMIC raises $3.3 million in seed funding round

Bengaluru-based QOSMIC has raised $3.33 million in seed funding to develop laser-based communication systems for high-speed satellite data transmission

BHIM Payments App transaction volumes treble in less than a year

BHIM Payments App processed 244 million transactions in May 2026, with volumes more than tripling over the past year

Rajesh Exports failed to produce foreign transaction records: ED

ED flags alleged irregularities at Rajesh Exports, citing missing foreign transaction records, stock discrepancies and suspected offshore fund diversion

Adani Power to invest over ₹2 trn in five years, target 45 GW capacity

Gautam Adani says the group is expanding across power, nuclear energy, transmission, ports, data centres and cement, backed by large-scale infrastructure investments

Sunil Agrawal steps down as LIC chief financial officer effective July 14

Agrawal, who joined LIC in 2022 after stints at Reliance Nippon Life and ICICI Prudential Life, will step down effective July 14

EXLService Holdings to acquire AI training firm iMerit for $310 million

The acquisition will strengthen EXL's AI capabilities, expand its presence in high-growth sectors and deepen partnerships with foundation model developers

EMA Partners India acquires RPO firm Taggd in ₹113 crore all-cash deal

The acquisition brings together executive search and recruitment process outsourcing capabilities, creating an integrated talent recruitment platform with global reach