Clocking out: IT giants pivot to fixed and outcome-based pricing, driven by growing use of AI tools

India’s largest information technology (IT) services companies including Infosys Ltd and Cognizant Technology Solutions Corp are getting more work contracts based on fixed prices and outcomes as the use of…

Airtel buying stakes in Airtel Africa at higher price, but will be positive in long-term: Analysts

Airtel Africa has a relatively good balance sheet, however, Bharti Airtel (Airtel) is acquiring shares in Airtel Africa at a higher price than what the Mittal family paid for it…

Motul eyes 13–14% growth as lubricant industry slows to 1% in FY27

Motul India, the Indian arm of the 173-year-old French lubricant maker Motul, is targeting 13–14 per cent growth and roughly ₹200 crore in additional revenue in FY27, which could take…

Swiggy moves towards Indian Owned and Controlled Company status under forex rules

India’s ​Swiggy Ltd ‌said on Wednesday that ​proposed ⁠changes to its rules ‌are part ‌of ‌a broader ⁠move to ⁠become an Indian Owned ​and ‌Controlled Company (IOCC) under the country’s…

Skyroot Aerospace does a SpaceX, offers Elon Musk-style Esops to its founders

Skyroot Aerospace Pvt. Ltd. is offering its founders stock options on the lines of SpaceX’s “moonshot” executive pay package to founder Elon Musk, provided they scale India’s most well-funded spacetech…

Tata Motors holds back truck price hikes despite surge in input costs

said on Wednesday it would absorb a significant part of the ongoing commodity cost increase rather than pass it on to customers, even as raw material inflation in the current…

NTSB urges airlines to train their pilots to deal with smoke in the cockpit

Safety experts recommended Wednesday that airlines develop realistic training to prepare their pilots to deal with smoke filling the cockpit like what happened on a Southwest Airlines plane after a…

Silicon Valley Prosecutor Targets Foreign Corporate Spying

(Bloomberg) — Silicon Valley’s top federal prosecutor said his top priorities include cases of trade-secret theft and economic espionage involving foreign adversaries such as China. “There is no more important…

Exxon, Chevron face dissent from proxy firms ahead of annual meetings

By Sheila Dang HOUSTON, May 13 (Reuters) – Proxy advisory firms Glass Lewis and Institutional Shareholder Services have recommended that Exxon Mobil and Chevron investors vote against some of the…

Sagar Cements logs Q4 net profit at ₹100 cr

Sagar Cements posted a consolidated net profit of ₹100 crore in the fourth quarter ended March 31, 2026. In the corresponding quarter of the previous financial year, it incurred a…