Global packaged consumer goods makers reported strong growth for their India businesses in the March quarter. Mondelez International and Reckitt said that they witnessed double-digit growth in the country in the first quarter of…
Category: Companies
Piramal Pharma expects FY 2027 to see a revival in growth
Piramal Pharma expects the current financial year (FY 2027) to see a revival in growth, even as geo-political uncertainties continue to cast a shadow on industry segments including pharmaceuticals. “FY27…
Cognizant to cut 4,000 jobs as AI push, weak demand weigh on outlook
Cognizant Technology plans to cut about 4,000 jobs, or roughly 1% of its workforce, according to two people with knowledge of the matter, as slowing demand and a push toward…
Bajaj Finance sees AI-led gains for customers, staff in FY27
Mumbai: Non-bank lender Bajaj Finance expects the benefits of its investments in artificial intelligence to be visible to employees and customers in the current financial year, Rajeev Jain, vice-chairman and…
Adani’s giant copper plant hit by technical woes in first year
Billionaire Gautam Adani’s $1.2 billion copper plant has hit a string of technical setbacks since it was commissioned ten months ago, raising concerns about the future of an operation vital…
Flipkart appoints new legal and corporate development VPs ahead of IPO
E-commerce company Flipkart on Wednesday said it has appointed Sharayu Jadhav as Vice President of Legal and Varun Gupta as Vice President of Corporate Development. Jadhav returns to Flipkart after…
Piramal Pharma eyes strong earnings growth over next 2–3 years
India’s Piramal Pharma hopes to accelerate earnings growth over the next two to three years, led by rising demand for complex drugs, including targeted cancer therapies, a top executive said…
Aided by lower tax outgo, Adani Power’s Q4 profit jumps 52% to ₹4,017 crore
Adani Power Ltd, the country’s largest private sector thermal power generator, reported a 52 per cent year-on-year rise in consolidated net profit to ₹4,017 crore in the fourth quarter of…
Prestige Group bets on rental-led senior living, eyes premium play in Bengaluru
BENGALURU: Prestige Group is preparing to launch a premium senior living brand, entering a fast-growing real estate segment, a top company executive said. The developer has identified land parcels in…
Mythos: AI’s watershed moment or a security nightmare?
Anthropic’s Mythos, a frontier artificial intelligence (AI) model, can outperform humans in detecting vulnerabilities across systems, including banks, telcos and utilities. While it can detect flaws faster and better than…