Iscon Balaji Foods (IBF) on Tuesday said it is raising $215 million in a funding round, led by private equity major Advent International’s $150 million investment. The investment is part…
Category: Companies
REnergy Dynamics bags 2 waste-to-compressed biogas projects from Refex Renewables
Bioenergy project development platform REnergy Dynamics on Tuesday said it has secured two waste-to-compressed biogas projects from Refex Renewables. The projects include a 12.5 TPD CBG plant in Coimbatore and…
PepsiCo India to invest ₹5,700 cr by 2030 on capacity expansion
Food and beverages major PepsiCo will invest up to ₹5,700 crore in India by 2030, mainly to ramp up the manufacturing capacity of its foods business, its India and South…
Gear shift: Bajaj Auto steers KTM closer to profitability in March quarter
Austrian bikemaker KTM turned Ebitda-positive in the January-March quarter, the first full quarter since Bajaj Auto took control of the company. The recovery was fuelled by a recovery in motorcycle…
Infosys cuts Q4 bonus payouts after up to 100% variable pay in previous quarter: Report
IT giant Infosys has trimmed its performance bonus payouts for the March quarter after disbursing up to 100% variable pay, its strongest payout in more than three years, in the…
Software jobs as we know them may soon cease to exist, says Anthropic CEO Dario Amodei
A year after Dario Amodei warned that rapid advances in artificial intelligence could trigger a serious employment crisis, the CEO has a more foreboding forecast — this time for the…
Reliance in talks with CATL, others for big battery system parts
is in talks with Chinese battery behemoth CATL and other global suppliers to procure parts for battery energy storage systems, according to people familiar with the matter, as India’s largest…
Cognizant doubles share buyback target to $2 billion in 2026 to assuage investors
Cognizant Technology Solutions Corp has doubled its share buyback programme to $2 billion in 2026, with the flexibility to buy shares worth as much as $3.45 billion as the Nasdaq-listed…
Aditya Birla Fashion doubles down on TMRW, chases scale over profits
BENGALURU: Aditya Birla Fashion and Retail Ltd (ABFRL) is stepping up investments in TMRW, its fast-growing portfolio of digital-first lifestyle brands, prioritising scale over near-term profitability. TMRW sees the next…
Genus Power Infrastructures Q4 net profit rises 41% to ₹181 crore
Genus Power Infrastructures on Tuesday posted an on-year rise of over 41 per cent in net profit to Rs 180.7 crore in the March quarter, mainly on the back of…