JSW Energy on Monday announced the sale of 2.5 crore equity shares in JSW Steel for ₹3,150 crore through a bulk deal on the National Stock Exchange of India Ltd…
Category: Companies
Tata Power, Druk Green ink pact to build training framework for clean energy in Bhutan
Tata Power on Monday said it has inked an initial pact with Druk Green Power Corporation (DGPC) to build a training framework for developing 5,000 MW clean energy capacity in…
Inside TCS’s new 5% underperformer push after job cuts
BENGALURU: A month after Tata Consultancy Services Ltd (TCS) completed its largest retrenchment exercise, laying off about 2% of its workforce, the company asked managers during its latest appraisal cycle…
Zydus Wellness FY26 profit halves to ₹197 cr despite 46% revenue growth
Consumer wellness major Zydus Wellness Limited — that owns brands like Sugar Free and Glucon-D — reported a sharp decline in profitability in FY26, with consolidated net profit falling 47…
GE Aerospace to invest ₹100 crore in Pune manufacturing facility
GE Aerospace will make a fresh investment of ₹100 crore in its Pune manufacturing facility to support infrastructure enhancements and other works as the company strengthens its footprint in India.…
L Catterton said to be in talks to acquire minority stake in Bengaluru-based Nandhana Palace
MUMBAI: Consumer-focused private equity firm L Catterton, among others, is in talks to acquire a stake in Bengaluru-based restaurant chain Nandhana Palace, three people familiar with the matter said. “The…
AI, not engineers for coding: Salesforce to spend $300 million on Anthropic tokens, CEO Marc Benioff says
CEO Marc Benioff has said that his software firm expects to spend $300 million on Anthropic tokens this year, almost entirely for coding. Benioff announced his plans during the All-In…
Maruti Suzuki commences second factory at Kharkhoda with 2.5-lakh units
on Monday said it has commenced commercial production at the second plant of its Kharkhoda manufacturing facility in Haryana that will add production capacity of another 2.5 lakh units per…
Glenmark launches generic vancomycin hydrochloride injection in the US
Glenmark Pharmaceuticals Ltd on Monday announced the launch of the generic version of its antibacterial prescription vancomycin hydrochloride in the US. The company’s arm Glenmark Pharmaceuticals Inc., USA (Glenmark) has…
Bain Capital closes sixth Asia fund with $10.5 billion corpus amid fundraising slump
Bain Capital has closed its sixth Asia fund with a corpus of $10.5 billion, exceeding its original target of $7 billion, to invest in buyout opportunities across sectors, the global…