As , founder and chairperson of Biocon, names her niece, Claire Mazumdar, as her successor, she clarifies that the transition will occur at an appropriate time. She adds that she…
Category: Companies
Anthropic partners with Blackstone, Goldman Sachs in $1.5 billion push to bring Claude AI to enterprises
Anthropic has announced the launch of a new AI services company in a joint venture with , Blackstone, Hellman & Friedman, and Goldman Sachs. The new company is also backed…
Zoho’s Vembu flaunts his vibrant electric auto in viral post; shares heartwarming encounter with man behind its battery
Zoho founder and Padma Shri Awardee Sridhar Vembu flaunted his humble “daily vehicle”, a Montra electric auto from the Murugappa Group, in a viral post on Tuesday after his heartwarming…
Instant help services face scalability test amid worker shortages in peak summer period
BENGALURU: On-demand house-help services platforms such as Urban Company’s Insta Help, Snabbit and Pronto are facing a workforce shortage across major cities including Mumbai, Bengaluru and the National Capital Region,…
Dream11 parent Dream Sports enters stockbroking with AI-powered platform DreamStreet
Dream Sports, the parent company of , has entered into the stockbroking space with the launch of DreamStreet as it looks to diversify beyond sports entertainment and tap into the…
FADA: Truck, tractor sales surge; CVs up 15%, tractors 23%
Truck and tractor sales surged in April, with commercial vehicle retail sales rising 15.02 per cent year-on-year and tractor sales jumping 23.22 per cent, reflecting strong freight activity and rural…
Petronet LNG sees no clarity on Qatar supply for June
India’s Petronet LNG Ltd. said it still has no clarity on liquefied natural gas shipments from Qatar in June, when summer power consumption surges. QatarEnergy will resume full supplies after…
Tesla faces EU skepticism over automated-driving tech, records show
Tesla CEO Elon Musk has projected confidence that the European Union will soon green-light the carmaker’s “Full Self-Driving” (FSD) system, but emails from some European regulators show marked skepticism toward…
Tata Trusts to consider leadership change at Tata Sons Friday
The board of Tata Trusts, which will be meeting on Friday this week, is understood to be weighing the option of replacing Venu Srinivasan with Bhaskar Bhat as a nominee…
Cognizant trims shareholder payouts as AI dealmaking gathers pace
Cognizant Technology Solutions Corp has become the third largest Indian heritage IT services firm — after Tata Consultancy Services Ltd and HCL Technologies Ltd — to dial back shareholder payouts…