Page 6 - Company News

Yotta to deploy $7 bn in capex this year, eyes global AI cloud market

The data centre and AI cloud firm expects most of its revenue to come from overseas customers as it scales GPU cloud capacity and AI infrastructure services

Amazon CEO Andy Jassy visits India as quick-commerce battle heats up

The company plans to expand Amazon Now to more than 300 cities as rivals Blinkit, Zepto, Instamart and Flipkart race to build larger fulfilment networks

CoinDCX user base rises 16% in H1CY26 as trading value declines 37%

The crypto exchange added 3 million registered users in the first half of CY26, while trading value declined amid evolving market dynamics and growing institutional participation

BSE seeks clarification from Rajesh Exports on ED searches

BSE has sought clarification from Rajesh Exports after ED searches under FEMA added to the company's mounting regulatory challenges

Manglam Group ties up with Marriott for ₹350 crore Sheraton hotel in Jaipur

The 220-key luxury hotel on the Jaipur-Ajmer Highway is part of Manglam Group's broader Rs 1,000 crore hospitality investment plan over five years

From Innovist to Minimalist: Why India's beauty brands are hot targets

Global beauty majors are increasingly turning to acquisitions as ingredient-led Indian brands reshape how products are developed, marketed, and scaled

Bandhan Bank raises FD rates by up to 20 bps on select deposit tenors

The lender has increased rates on fixed deposits in the two- to five-year buckets as banks intensify efforts to mobilise deposits amid widening credit-deposit gaps

Noel Tata to step down as Trent chairman after nearly three decades

The development would mark the end of a tenure that oversaw the transformation of the company from a single-store operation into one of India's largest retail networks

Amazon turns water positive in India, meeting its 2027 goal ahead of time

Projects expected to replenish over 4 billion litres annually helped Amazon return 120 per cent of the water used across its Indian operations in 2025

US firm Tryfacta secures two major Nasa tech contracts ahead of IPO

The company, which recently filed draft papers for a proposed $100-150 million IPO at GIFT City, Gujarat, said it won contracts under Category B

Tata Sons steps up Air India oversight amid losses, leadership transition

Air India posted a $2.96 billion loss in FY26, its biggest since Tata regained control in 2022, raising fresh questions over the pace and cost of its turnaround

Adani Group unveils plan for 10 GW nuclear energy capacity by 2035

India, which is keen to expand its use of clean energy, last year opened its nuclear generation sector to domestic and foreign firms in the private sector

Axis Bank raises $800 million through dual-tranche dollar bond sale

India's third-largest private-sector lender raised $500 million through perpetual AT1 notes and $300 million through five-year senior unsecured notes under its GMTN programme

Adani Group AGM: Gautam Adani shares three-pronged plan; focus on workforce

Adani said the group will simplify management structures, strengthen contractor partnerships and improve welfare standards for its nearly 400,000-strong workforce

Meta's $900 mn Cred bet fuels hopes of turning WhatsApp into a super-app

The global tech firm announced this week that it will own 20% of Bengaluru-based Cred, which rewards people who pay their credit-card bills on time

Bajaj Auto hit by ransomware attack, precautionary measures taken

The company said it initiated necessary precautionary actions ​and protocols to mitigate the ‌impact ​of the ‌incident

Flipkart Minutes hits 1K micro-fulfilment centres as qcom race heats up

Walmart-backed Flipkart expands its quick-commerce footprint across 130 cities and 8,000 pincodes, with plans to scale up to 1,500 fulfilment centres

Interio by Godrej's revenue grew 12% to ₹4,000 crore in FY26

Furniture brand plans to grow revenue by 25 per cent in FY27 through retail expansion, deeper market penetration, online sales growth and new product categories

Tata Motors CV biz switches gear from trucks to wider mobility highway

Digital platforms, international operations and mobility services are emerging as key growth drivers as Tata Motors Commercial Vehicles seeks to reduce cyclicality

ED searches Rajesh Exports amid Sebi probe into alleged irregularities

The action is understood to have been taken under the Foreign Exchange Management Act (FEMA) at the Bengaluru-headquartered company