India is best positioned to play a leading role as the global pharmaceutical landscape evolves with increasing emphasis on biologics, biosimilars and specialty medicine, for which strengthening R&D, increased investment…
Category: Companies
Mint Explainer | Why India Inc.’s climate pledges rise, but execution and credibility lag
The number of Indian companies setting climate commitments is rising but their progress is uneven and often lacking in depth. A report by proxy advisory firm Institutional Investor Advisory Services…
Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months
Mumbai-based asset management firm Piper Serica on Monday said it has deployed nearly ₹210 crore across more than 33 start-ups through its Category I Alternative Investment Fund (AIF). Of the…
NCLAT adjourns hearing on Vedanta plea against selection of Adani’s bid for JAL
New Delhi, Apr 13 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Monday adjourned its hearing over mining giant Vedanta Group’s petitions against the selection of Adani Enterprises’ bid…
GE Aerospace scales AI from pilots to production; India anchors global capability
is moving artificial intelligence from pilot projects to core operations, delivering measurable gains in efficiency and productivity, said Dinakar Deshmukh, Executive Director, Data Science and AI at the company. The…
TSMC likely to book fourth straight quarter of record profit on insatiable AI demand
* Net profit expected to jump 50% in first-quarter * TSMC benefiting more than other chip foundries from AI boom * First-quarter revenue rose 35% * Earnings call on Thursday…
Nuvama’s PE arm raises focus on manufacturing, invests ₹200 cr in Chennai-based Val-Met Engineering
Mumbai: The Nuvama Group’s private equity arm has invested ₹200 crore for a minority stake in Val-Met Engineering, betting on a specialized supplier of aerospace and defence materials as global…
Track two: Indian IPO-bound firms explore private sales alongside listing plans
Companies in India are increasingly pursuing a dual-track strategy of preparing for an initial public offering (IPO) and simultaneously exploring private sales, as stock market volatility affects both timing and…
Air India to offer stock options tied to performance
Air India is set to offer its employees performance-linked stock options in a bid to reward and attract talent, as the airline pursues profitability four years after its takeover by…
Tata Sons’ exit door from upper layer NBFC list narrows
The Reserve Bank of India’s (RBI) latest proposal to classify non-banks with assets over ₹1 trillion in the upper layer could leave little wiggle room for Tata Sons, save for…