Page 7 - Company News

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

Puravankara launches 6.99-acre Purva Silversky premium project in Bengaluru

The 356-unit project in Hebbagodi, Electronic City, features large-format 3-5 BHK homes, a 17,700 sq ft clubhouse and over 45 lifestyle amenities across an elevated podium

GEG sharpens AI push, eyes robots in ₹1,200 crore digital transformation

Mumbai-based conglomerate's Project Amethyst to create AI agents and intelligent robots across 14 business units

Nissan targets 100k exports in FY27 as part of renewed India growth plan

Nissan aims for 100,000 exports and 100,000 domestic sales in FY27 as it launches three new locally built models and leverages India's FTAs to strengthen its global supply base

Big plans on India, $300 mn project investment soon: CMA CGM chairman

CMA CGM chief Rodolphe Saade outlines $650 million-plus India expansion plan spanning shipbuilding, ports and logistics.

BharatGen unveils Param2 17B multilingual MoE model under sovereign AI push

BharatGen has introduced Param2, a 17-billion-parameter multilingual MoE model optimised for Indic languages, strengthening India's sovereign AI capabilities and digital mission

SAIL moves court after CCI flags suspected cartelisation in steel industry

SAIL has sought detailed findings from the CCI after the regulator indicated suspicion of cartelisation among major steelmakers, prompting the PSU to initiate legal steps

FedEx to invest ₹2,500 cr in automated cargo hub at Navi Mumbai airport

The investment will support a proposed 300,000 square feet facility designed as a regional consolidation and redistribution hub and developed in partnership with Adani Airport Holdings (AAHL)

Rising temperatures to drive 30% growth in Mother Dairy's summer sales

As summer approaches with a steady rise in temperatures, Mother Dairy on Wednesday said it expects 30 per cent growth across key categories such as ice creams, curd, and dairy beverages. "With an early onset and a steady rise in temperatures, this year's summer season looks promising for the industry as a whole. We anticipate upwards of 30% growth across key categories such as ice creams, curd, dairy beverages, etc. and are fully geared to meet this surge with enhanced capacities, a robust cold chain, and early asset mobilisation," Mother Dairy Deputy Managing Director Jayatheertha Chary said in a statement. He said, innovation and product localisation are at the heart of our summer plans across both ice cream and fresh dairy portfolios. The wholly-owned subsidiary of the National Dairy Development Board (NDDB) highlighted that consumers can look forward to around 30 new offerings - from an industry-first 2-in-1 Matka and Tubs, indulgent Premium Cups and Cones in exciting flavours,