said the merger process of Mumbai-based JB Chemicals & Pharmaceuticals Ltd with the company has entered its final stage, with a hearing scheduled in the second week of June and…
Category: Companies
‘Not a cost-cutting exercise’: CEO Bill Staples as GitLab plans to cut jobs, reinvest in AI agents
GitLab Inc., which makes software that helps developers on coding projects, said it is cutting jobs to free up money to spend on the market opportunity for artificial intelligence agents.…
Education finance firm Auxilo scales domestic education loans nationwide
Auxilo Finserve, India’s leading education-focused NBFC, on Tuesday, 12 May, said it had expanded its domestic education loan business ‘IndiaEd’ to provide direct fee disbursement to registered schools and colleges…
Bharti Airtel Q4 preview: strong user additions but flat Arpu may temper growth
NEW DELHI: Bharti Airtel is expected to report healthy growth for the March-quarter (Q4FY26), driven by subscriber additions, rising data consumption, and continued traction in its enterprise and home broadband…
India’s IT outsourcers offering subscriptions and credits for AI work
As artificial intelligence (AI) takes on larger chunks of software work, more information technology (IT) services firms are working out new ways to charge for it. From AI tokens and…
OpenAI and Microsoft cap revenue-sharing payments at $38 billion ahead of possible IPO: Report
OpenAI and Microsoft have agreed to cap total revenue-sharing payments between them at $38 billion, The Information reported on Monday, citing a person with knowledge of the arrangement, as the…
Butterfly Gandhimathi Appliances net profit up 27% at ₹11 crore
Kitchen appliances maker reported a net profit of ₹11 crore for the quarter March 2026, up 27 per cent from the same quarter in the last financial year. Revenue for…
Brookfield India REIT delivers record Q4 with strong leasing and income growth
Brookfield India Real Estate Trust (BIRET) reported its highest-ever quarterly performance in Q4 FY2026, driven by robust leasing activity and strong financial growth. The REIT reported gross leasing of 1.6…
Bengaluru-based Truffles explores options to raise capital, appoints banker
The promoters of Bengaluru-based Truffles Hospitality Pvt Ltd, known for its continental cuisine, premium burgers and desserts, are exploring options to raise capital from private equity firms and have engaged…
OpenAI’s $4 billion response to Anthropic: New unit for aggressive AI push in corporates
said on Monday it is setting up a new company with more than $4 billion in initial investment to help organizations build and deploy artificial intelligence systems, and will acquire…