NEW DELHI: India recently piloted peer-to-peer power trading that will enable consumers such as households, businesses and farmers who generate renewable energy to directly sell their surplus power to other…
Category: Companies
Malaysia’s Anti-Graft Chief Questioned in Shareholding Probe
(Bloomberg) — Malaysia’s anti-graft chief Azam Baki was summoned by a special committee set up to probe his stock ownership to explain the matter on Thursday, as authorities respond to…
AU Small Finance Bank de-empanelment: What we know about ₹47 crore funds transfer, timeline, internal review details
Clarifying the instruction from the Haryana government de-empanelling it, on Sunday informed the exchanges that it has “initiated an internal review” on the matter. This comes after the Haryana government’s…
HSBC, StanChart Earnings to Show Effects of Strategy Shifts
(Bloomberg) — The shock exit of Standard Chartered Plc’s finance chief and the implications of HSBC Holdings Plc’s multibillion-dollar purchase of a bank stake will loom large as the two…
How the Ola empire is fueling Bhavish’s personal AI business, Krutrim
New Delhi/Bengaluru: Embattled entrepreneur Bhavish Aggarwal-owned artificial intelligence venture, Krutrim, is being propped up almost entirely by business routed through venture-capital- and public-investor-backed Ola companies — raising fresh questions among…
Tata Steel to source at least half its ore from captive mines after leases end 2030: CEO T.V. Narendran
Tata Steel, India’s second-largest steelmaker, aims to source half of its iron ore requirements from captive mines after 2030, down from 100% now, as steep premiums in mine auctions make…
The rise of India’s consultant CEO: From advisor to executor
The corner offices of India Inc. are increasingly occupied by a new breed of executives: the strategic consultant. Veterans from McKinsey & Co., Bain & Co., BCG, and Kearney are…
PE-VC backed Indian companies see their median IPO timelines shrink to a decade-low in 2025
Mumbai: India is increasingly seeing private equity and venture capital backed companies tap public markets at an earlier stage in their lifecycle, driven by factors such as greater predictability in…
HCL to supply 25% of India’s display chips in two years: Roshni Nadar
Jewar: HCL Group, the parent firm of India’s third-largest tech services company HCLTech, aims to supply chips for a quarter of all of India’s displays within as soon as two…
IT honchos dismiss AI fears ahead of annual industry gala
India’s top three technology outsourcers, together valued at $210 billion, have dismissed concerns that modern artificial intelligence (AI) could upend their businesses, even as investors remain on the edge and…