Page 7 - Company News

Chairman OP Bhatt hid audit findings from board members, says Coforge

The IT services firm said reports were available only to OP Bhatt and NRC chair DK Singh, while the chairman's lowest rating was not disclosed or discussed with the full board

SBI to complete software, hardware deployment for DPDP compliance by Dec

SBI has procured software and hardware as part of its preparations for compliance with the DPDP framework, with installation and deployment expected to be completed by December

BMW India to hike prices again due to rupee depreciation, commodity costs

The auto maker has cumulatively hiked prices by up to 5 per cent for the BMW and MINI vehicle portfolios spread across three price revisions in 2026 till now in India.

HSBC's Anita Mishra to move to London; Hiren Sanghvi to head India markets

Hiren Sanghvi will replace her as head of markets and securities services in India

SBI to use UPI data to lend to small businesses without GST registration

India's largest lender is developing a solution that will use UPI transaction data as a proxy for sales to extend loans to small businesses outside the GST system

Fintech rules must match risks, not make firms resemble banks: RBI's Murmu

RBI Deputy Governor Shirish Chandra Murmu says regulation should address risks appropriately while allowing responsible innovation and experimentation to scale

Godrej Enterprises powers ISRO's successful EOS-05 satellite mission

Godrej Enterprises Group supplied Vikas engines, cryogenic engine nozzles and satellite thruster components that supported EOS-05's journey from lift-off to orbit

Tata Steel scaling up AI, connected workforce systems to boost safety

The company is using AI-enabled surveillance to detect unsafe acts and generate immediate alerts for supervisors, instead of relying only on common practices to monitor thousands of camera feeds.

Alembic Pharma clears USFDA inspection at Vadodara bioequivalence facility

Alembic Pharmaceuticals said the USFDA completed an unannounced inspection of its Vadodara bioequivalence facility with no Form 483 observations

Decathlon India's wholesale business grows 20-fold, adds 10% to revenue

High-altitude terrains across Jammu & Kashmir, Leh & Ladakh, Himachal Pradesh and the Northeast, contribute more than 40 per cent of total B2B revenues

QClairvoyance Quantum Labs, IITM-C-DOT Samgnya tie up on quantum tech

The partnership will focus on quantum computing, algorithms, AI and post-quantum cybersecurity, with emphasis on research, validation and eventual deployment

SBI-led group of banks to provide $3.5 billion of debt financing to Vi

Vodafone Idea, the country's third-biggest wireless operator in terms of users but still loss-making, plans to use some funds to improve its network and better compete with Airtel and Jio

Wipro's AI push deliver productivity gains equal to 20,000 workers: CTO

The comments ​come as India's $315 billion software services industry grapples with adoption of AI, which is ‌reshaping hiring, software development and contracts

Flipkart Minutes quadruples business as quick-commerce battle intensifies

Flipkart's quick-commerce arm has expanded to nearly 1,200 micro-fulfilment centres across more than 150 cities as competition in instant delivery intensifies

Pocket Entertainment crosses $500 mn ARR as business grows 70%

Pocket Entertainment says AI-led growth across content creation, production and distribution has helped it cross $500 million in ARR, with a healthy bottom line

Fintechs should treat customer data as fiduciary responsibility: RBI Guv

RBI Governor Sanjay Malhotra cautions fintechs against exploiting regulatory gaps, urges them to protect customer data and focus on responsible, inclusive innovation

Hero Motors sets eyes on tech takeovers to grow customer base

Rs 1,000-cr IPO opens September 16

Birla Estates readies for bigger build, plans to add up to ₹15K cr GDV

Developer to add projects across Pune, MMR, Bengaluru, and NCR; ₹9,600 crore launches planned for H2

Ultraviolette bets on scooters to drive volumes as Hosur plant takes shape

Tesseract targeted to quickly scale to 10,000 units a month; EV maker sees scooters and motorcycles contributing equally at scale, exports rising to 25% of volumes

India is core to everything we're building: Anthropic's Irina Ghose

Anthropic India MD Irina Ghose says Indian developers' high tech intensity and willingness to experiment are helping shape AI playbooks for global markets