Hindustan Unilever Ltd said on Thursday it is relying on cost cuts and price hikes to counter commodity and currency volatility stemming from the Middle East war, after reporting an…
Category: Companies
Torrent Power lines up biggest debt sale yet to bankroll coal deal
India’s Torrent Power is set to launch its largest-ever corporate bond issue to fund an acquisition, marking the first such bond sale of the current financial year, three merchant bankers…
Parexel buys Vitrana to advance its AI capabilities in patient safety solutions
Parexel, a global clinical development partner providing insights-driven clinical and consulting solutions, has acquired Vitrana, a provider of AI-enabled, end-to-end pharmacovigilance (PV) technology platforms, for an undisclosed sum. The acquisition…
AVI Polymers’ promoters to hike stake by 5%
The promoter group of plans to acquire up to 5 per cent of the company’s total paid-up equity share capital through open market transactions. The company has received an official…
VilCart hits 1 lakh rural outlets as 2 lakh urban kiranas shut; eyes ₹1,500 crore by FY27, $30 million raise
As kirana stores face mounting pressure in urban India, they are continuing to expand in rural markets. Bengaluru-based VilCart is scaling into that divide, building over one lakh kirana stores…
Rise in temperatures fires up Coal India shares. Will renewables spoil the party?
Shares of state-owned miner Coal India Ltd (CIL) rose around 7%, hitting its 52-week high of ₹491.25 on Thursday, after robust March quarter (Q4FY26) performance. Investor interest also seems to…
Uber moves toward becoming an ‘everything app’ with hotel bookings powered by Expedia
Uber is expanding into a different side of the travel business: hotels. The ride-hailing and delivery company said Wednesday that users of its app can now book hotel rooms. Uber…
Hyundai unveils AI-powered infotainment system with Gleo AI voice assistant
Hyundai Motor Co. unveiled a next-generation infotainment system — anchored by a new AI voice assistant capable of natural, multi-step conversations — as South Korea’s top automaker accelerates its shift…
Bet early and exit often: How IIMA Ventures creates a healthy investment cycle
IIM Ahmedabad’s venture platform IIMA Ventures has averaged six to eight exits from its startup portfolio every year since the financial year 2012-13 (FY13)—a pace of returns that outstrips even…
Alphabets first-quarter profit soars as Googles big AI bets help push stock to new highs
Google’s transition into the era of continued to pay off for its corporate parent, , which on Wednesday announced another quarter of the stellar growth that helped to more than…