Page 18 - Company News

Sedemac targets global markets as ISG tech gains traction with Indian OEMs

Pune-based Sedemac is engaging global OEMs to export its proprietary ISG technology, even as TVS, Bajaj and Hero scale domestic deployment ahead of the firm's March 2026 IPO

Gushwork AI secures ₹81 crore funding led by Susquehanna Asia VC

AI start-up Gushwork has raised USD 9 million, about Rs 81 crore, in a funding round led by Susquehanna Asia VC and plans to invest in product development, hiring talents and customer acquisition, a top company official said on Thursday. Venture capital Lightspeed and B Capital also participated in the funding round. "We have raised USD 9 million primarily to invest in developing the AI stack. We are using several AI models. On top of that, we have worked on our own models as well. To improve the accuracy of the models, we have to invest a lot of money in hiring engineers, hiring product managers. "On top of that, we have to acquire customers as well, said Nayrhit Bhattacharya, CEO and Co-founder, Gushwork AI said. Gushwork builds agentic AI with focus on autonomous marketing agents to increase visibility for businesses on AI Search engines like ChatGPT, Gemini, Claude and Perplexity as buyer behaviour has fundamentally shifted toward AI-powered search. The company has a team of .

Tattvam AI raises $1.7 million to speed up semiconductor chip design

Seedcamp-backed Tattvam AI is building a reasoning-driven AI system to automate complex semiconductor design tasks, aiming to compress multi-year development cycles into weeks

Billion-dollar AI bets shape IT narrative, says LTM executive Krishnan Iyer

Mission-critical ops remain under human oversight, says growth chief Krishnan Iyer

India plays central role in our international strategy: Wyndham Hotels

The chain is progressing towards the 100-hotel milestone in the country, with over 50 hotels in the pipeline across various stages of development

Vedanta to tap debt market for second time in FY25 with ₹30 bn bond sale

Last June, ​the company raised an aggregate of 50 billion rupees through a ‌combination of two-year papers, 30-month bonds and three-year bonds

"Platforms that combine scale with sustainable unit economics will win"

Kapil Thirani, vice president for Shopsy and Flipkart Marketplace, shares insights about Flipkart's zero-commission push to capture India's value-conscious Gen Z and first-time rural shoppers

MakeMyTrip gross corporate travel bookings cross $1 billion in 2025

Nasdaq-listed MakeMyTrip on Tuesday said its gross bookings from the corporate travel segment crossed USD 1 billion in 2025, serving a base of more than 40 lakh employees. The Gurugram-headquartered firm said gross bookings across corporate platforms - Quest2Travel, MyBiz, and Happay, breached the USD 1 billion mark, emerging as one of its growth drivers and now contributing over 10 per cent to the overall bookings. MakeMyTrip has a client base of 500 large enterprises, including 150 of the top BSE 500 listed companies and 75,000 SMEs nationwide. Rajesh Magow, co-founder and Group CEO of MakeMyTrip, said, "Our Corporate Travel Business is relatively much younger than our B2C business, but has scaled up quite rapidly in a short span of about 5 years". Looking ahead, MakeMyTrip said it is working to expand more services like forex and visa support to further strengthen its value proposition for corporate international travellers.

IDFC First Bank fraud puts spotlight back on governance gaps in pvt banks

Large banks to gain post Haryana de-empanelment of IDFC First, AU

Bharti Airtel to infuse ₹20,000 cr in Airtel Money to push digital lending

Bharti Airtel and promoter group to contribute 70:30 into NBFC

₹45K cr capex plan may not help Vodafone Idea gain market share: Analysts

HSBC says Vodafone Idea's Rs 45,000 crore capex plan will not help it gain market share as Jio and Airtel outspend it significantly; tariff hikes and cash flow gains remain critical

M&M, Manulife name Suresh Agarwal MD & CEO designate of life insurance JV

M&M and Manulife have appointed Suresh Agarwal as MD & CEO designate of their 50:50 life insurance JV, marking Manulife's entry into India's life insurance sector, subject to approvals

Radisson, MBD Group to launch 50 hotels under Collection and Red brands

Radisson Hotel Group and MBD Group have entered a long-term partnership to develop 50 hotels under Radisson Collection and Radisson Red across key Indian destinations over the next decade

Torrent Group forays into diagnostics with large national reference lab

Torrent Group has entered the diagnostics sector with a 100,000 sq ft national reference lab in Navi Mumbai, marking a long-term push into high-end, specialised testing amid industry consolidation

Bharti Airtel plans to invest ₹20,000 crore to expand digital lending

Telecom major Bharti Airtel said on Monday it plans to inject ₹20,000 crore ($2.2 billion) into its financial arm over the next few years, marking a major push into digital lending

Adani Aerospace, Embraer eye final assembly line for E175 jets in India

Adani Defence & Aerospace and Brazilian major Embraer plan to set up a final assembly line in India for the E175 regional jets. In this regard, both companies' officials exchanged an enhanced Memorandum of Understanding (MoU) in the presence of Brazil's President Luiz Inacio Lula da Silva and Union Commerce & Industry Minister Piyush Goyal in the national capital on Saturday. The development follows the two companies announcing a strategic collaboration on January 27. The advancement from the initial MoU signed in January represents a significant step forward and forms part of a broader roadmap to develop an integrated RTA (Regional Transport Aircraft) ecosystem in India, a release said on Saturday. "The industrial partnership will aim to establish an ecosystem for the E175. "Both companies are already working together to progress all aspects of the MoU, including opportunities in aircraft manufacturing, supply chain, aftermarket services, and pilot training, and securing ...

Take Solutions adopts Anthropic's Claude to boost AI healthcare

Global AI-driven healthcare company Take Solutions on Saturday said it has adopted Anthropic's artificial intelligence assistant, Claude. The company, in an exchange filing, said that the strategic technology adoption marks a significant milestone in its ongoing mission to build scalable, intelligent, and preventive healthcare platforms. "The integration of Anthropic's Claude advanced AI capabilities will strengthen Take Solution's upcoming platforms, including its AI-driven Preventive Healthcare Platform, One Minute Clinic, and its Unified AI Marketplace," the filing said. These platforms are being designed to transition healthcare from a reactive treatment model to a predictive and preventive care ecosystem, it added. "Artificial intelligence is becoming the foundation of next-generation healthcare. The integration of advanced Claude AI capabilities significantly enhances our technology stack," Take Solutions Chairman Parmeshvar Dhangare said.

ASG, YM Infra launch ₹2,800 cr luxury tower in Marine Lines, Mumbai

One Marina, a 74-storey project with a ₹2,800 crore GDV, marks ASG's push in South Mumbai as developers expand portfolios through joint ventures and acquisitions

Govt forms high-level committee to monitor progress of PFC-REC merger

High-level committee and working group to oversee personnel integration, restructuring, technology alignment and regulatory approvals for the proposed merger

Ashok Soota disagrees with Vinod Khosla, says AI is transforming IT

Happiest Minds chairman says IT services remain essential as AI creates higher-value opportunities, countering Vinod Khosla's prediction that outsourcing will vanish