Company News

ValueQuest commits ₹775 cr to 3 Indian manufacturing, defence companies

The investments in Sagar Defence Engineering, Rational Engineers and TASE Global span autonomous defence systems, power infrastructure and precision engineering

UK-based Tide plans to invest ₹3,100 crore in India in next four years

The company plans to ramp up investment up to 500 million pounds in the longer term

Qualcomm starts India layoffs, around 1,000 jobs potentially at risk

Qualcomm has begun workforce reductions in India, starting with its Bengaluru facility, as part of a global restructuring that could put around 1,000 jobs at risk

Bright Outdoor Media moves to BSE, NSE main boards, eyes expansion

Founded in 1980, Bright Outdoor Media operates more than 1,350 hoardings across strategic locations and owns over 50 large-format digital LED billboards in Mumbai

Attractive valuations could translate to gains in ONGC despite challenges

Elevated crude prices and attractive valuations could support ONGC shares, though declining production, delayed projects and rising exploration costs remain key concerns

India to lead CNH's global software ops, says Global CIO Luis Abreu

CNH plans to raise India's share of its global in-house IT team to 28% by 2028, shifting software development and leadership roles to the country as it expands AI adoption.

PhysicsWallah to deploy up to ₹200 cr for acquisitions this yr: Maheshwari

Maheshwari spoke about the company's acquisition pipeline, its plans to expand in South India, investments in AI and technology, and the performance of its newer examination and skilling categories

Binance heist puts focus on rising cyberattacks by nation-state actors

The $6.3 billion Binance heist has renewed concerns over nation-state cyberattacks and AI-driven vulnerabilities, putting the security preparedness of crypto exchanges under scrutiny

Amazon's new shopping list for sellers: AI agents, lower fees, small towns

Small-town businesses, women entrepreneurs and artisans drive festive growth, its seller-services leaders say

Blackstone to pick up nearly 16% stake in IIFL Finance for ₹5,000 crore

Promoters to put in ₹1,264 crore; Anchorage Capital to invest ₹150 crore, taking the total primary capital raise to ₹6,414 crore

CCI approves Advent's ₹3,150-crore investment in Yatharth Hospitals

The US private equity firm will acquire a 24.9 per cent stake in Yatharth Hospitals through a primary capital infusion, supporting its plans to expand capacity beyond 5,000 beds.

myTVS plans West Asia foray by April 2027, eyes global expansion

The automotive aftermarket chain will partner with UAE-based Crescent Enterprises for its West Asia entry and expects revenue to cross ₹2,000 crore in the current financial year

Cognizant sets up Claude Frontier group with over 25,000 professionals

The IT services firm also introduces a managed services model for Claude, aiming to help enterprises deploy, operate and scale AI systems securely across core business functions

PepsiCo to cut over 1,000 jobs amid sluggish sales in North American market

PepsiCo is reportedly planning to cut about 1,000 jobs in North America as it grapples with sluggish beverage sales, weaker demand for higher-priced snacks and rising input costs

3 workers die of asphyxiation at Tata's iPhone parts factory in Tamil Nadu

The workers died during maintenance work on a water tank at the company's Hosur facility, which makes components for Apple iPhones

Blackstone set to become key investor in IIFL Finance with 15% stake

IIFL Finance promoters Nirmal Jain and R Venkataraman will invest ₹1,200 crore alongside Blackstone's proposed ₹5,000 crore investment

Huang's grip on Nvidia may pose challenge to board's probe into his affair

Nvidia's board faces a governance test as an investigation into Jensen Huang raises questions about leadership, succession and the chipmaker's future

IndiQube plans to pilot data centres in office spaces amid client demand

IndiQube explores small-scale enterprise data centres within existing office buildings as it looks to diversify its managed workspace offerings

WTi Cabs targets ₹5K-7K cr annual revenue in 5 years: CEO Ashok Vashist

Wise Travel India plans to expand its fleet, enter new international markets and launch self-drive car rentals as it targets revenue of ₹5,000-7,000 crore over the next five years.

SiriusXM names Tubi chief Anjali Sud as CEO, effective January 1, 2027

SiriusXM has appointed Tubi chief Anjali Sud as CEO from January 1, 2027, succeeding Jennifer Witz as the satellite radio company seeks to revive growth.