BENGALURU/MUMBAI: Blackstone-owned Mphasis Ltd has filed a lawsuit in a US court against rival Coforge Ltd, accusing the Noida-based IT services firm of hiring its employees in violation of contractual…
Category: Companies
bl interview. Euler Motors FY26 revenue jumps 110%, net loss at ₹308 crore, profitability 2–3 years away
Euler Motors more than doubled its revenue in FY26, reporting a 110% year-on-year rise to ₹402 crore from ₹191 crore in FY25, but the electric commercial vehicle maker remained deep…
Veritas Finance explores ₹1,000 crore secondary deal as IPO plans delay
Chennai-based Veritas Finance, a non-banking financial company, is exploring a private transaction worth ₹800–1,000 crore to facilitate exits for early investors after facing repeated delays in its public listing, three…
After NTPC, NLC India ties up with EDF of France for nuclear projects
Public sector mining-cum-power generation company, NLC India, has announced an agreement with Électricité de France (EDF) of France for “exploring potential development of nuclear projects in India.” This comes barely…
Is Coal India stock headed towards ₹600?
Despite the increasing emphasis on coal continues to dominate as the primary source of power generation in India. With one of the lowest per capita electricity consumption levels globally, the…
Samsung hits $1 trillion valuation driven by booming demand for AI chips, joins TSMC in elite club
. has reached a $1 trillion market valuation after booming demand for chips used in saw the world’s largest memory maker’s stock more than quadruple over the past year. The…
Reappointments of Venu Srinivasan, Vijay Singh to Tata Education Trust board blocked
Former Tata Trusts trustee Mehli Mistry has opposed the reappointment of Venu Srinivasan and Vijay Singh to the board of Tata Education and Development Trust (TEDT), sources said. Another trustee…
Man charged in US with stealing $450 million from Mexican billionaire in loan scheme
A man with multiple aliases used the name of the famed Astor family to dupe a Mexican billionaire out of around $450 million in a bogus stock-backed loan scheme, according…
A ₹15,000-crore wipeout: how Xiaomi lost India’s smartphone race to Vivo, Samsung and Apple
NEW DELHI: Xiaomi once sold one in every four smartphones in India. By 2025, it had fallen out of the country’s top five brands. The reversal marks one of the…
Why Google DeepMind workers in UK are trying to unionise over company’s Pentagon AI deals
Workers at Google DeepMind’s UK office have launched a landmark bid to unionise, citing deep concerns over the company’s expanding military contracts and what they describe as a retreat from…