Page 24 - Indian Companies

Smartphone makers pin hopes on new launches after tepid March quarter

Slowdown in the decline of 2G subscribers hurting smart phone sales

Ambuja Cements to buy grinding unit in TN at a total value of Rs 413.75 cr

The acquisition will aid in enhancing the company's coastal footprint across southern markets of Tamil Nadu and Kerala

Healthcare solution provider Enhanced Innovations launches 'Phloton'

A portable cold chain solution for last-mile vaccine delivery

Vodafone Idea looks to raise Rs 18,000 crore via India's biggest FPO

Priced at Rs 10-11 a share, offer opens on Thursday

Five per cent someone: What kind of ride is Tesla likely to have in India

Initially, Elon Musk's Tesla will address only 5-6% of India's light vehicles market. What kind of ride is it likely to have?

TCS headcount declines for first time in 19 years; hits campus route

Total employee base now remains at 601,546

90% of GCCs plan to harness AI, ML in 2-3 years, says ANSR report

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India Inc capital expenditure story gets cement to semiconductor push

The private capex momentum is being led by conglomerates such as Tatas, Reliance Industries and Adani group, among others

TVS SCS announces supplying 500,000 two-wheeler CKD kits to TVS Motor

Work completed in modern warehouse in Hosur to ensure defect-free dispatches, says supply chain company

Private equity firm Bain Capital to sell remaining Axis Bank holding

The price range for the share sale has been set at Rs 1,071 - Rs 1,076 per share, a discount of up to 0.47 per cent to Axis Bank's last close of Rs 1,076 per share

Reliance Industries rally, earnings optimism propel markets to new peaks

Investors making long-term bets in hope of political stability: Analysts

Still early days for GenAI on revenue side, says LTIMindtree CEO & MD

The desired results of the merger have been impacted by the prolonged slowdown that the industry is witnessing

Indian pharmaceutical market registers a growth of 9.5% in March 2024

Moving annual turnover of Rs 1.98 tr between April 2023 and March 2024 marked a 6.5% growth, despite a 1% decrease in domestic market volumes

50% of public service organisations set to use GenAI soon: EY survey

Public organisations recognise that Gen AI will improve the citizen experience and serve as a catalyst to drive innovation

Manipal Health Enterprises nears Rs 1,400 crore deal to acquire Medica

Manipal Health Enterprises (Manipal Hospitals) currently operates 9,500 beds across 33 hospitals in India. Medica has a presence in eastern India with 1,200 beds

ZEE layoffs: CEO Punit Goenka to cut workforce by 15% in a bid to cut costs

Zee Entertainment Enterprises has proposed the implementation of a lean and streamlined management structure to the Board

Aerospike raises $109 mn to accelerate artificial intelligence innovation

According to International Data Corporation (IDC), the AI market is projected to reach $251 billion by 2027

Singapore's Xcelerate picks up strategic stake in governance firm Stirrup

The acquisition by Xcelerate comes at a time when demand for ESG-related advisory and communication services is on the rise following increased regulatory emphasis on ESG disclosures

Byju's seeks arbitration on NCLT trial; hearing adjourned to April 23

The plea for arbitration is interesting, as this will mean that the case will be moved away from NCLT's jurisdiction

Tesla's sales drop, a sign that its grip on the EV market is slipping

The sales decline caught investors off guard as rivals like BYD of China and Kia and Hyundai of South Korea reported increases in electric vehicle sales