NBFC Aye Finance on Monday reported a more than two-fold jump in net profit to ₹86 crore for the fourth quarter ended March 31. The had earned net profit of…
Category: Companies
Beyond the brew: Third Wave, Barista, Starbucks bet on desserts, diners, new experiences to lift margins
BENGALURU: India’s café chains are moving beyond traditional coffee-led formats and experimenting with dessert-focused concepts, hybrid cafés and experience-led stores to drive higher engagement and spending. Last week, Westbridge Capital-backed…
₹1,200 crore deal: Nvidia leases massive Bengaluru office space amid AI boom
Bengaluru: Nvidia’s Indian subsidiary has leased a 7,60,000 sq ft office space in Bengaluru’s Bagmane Capital, as global tech giants expand their AI research and development presence in the country.…
Chhattisgarh boiler blast: Vedanta chief says operations and maintenance entrusted to NTPC-GE
, Nearly two weeks after Chhattisgarh power plant blast killed 25 people, Vedanta Chairman Anil Agarwal on Monday said the entire responsibility for the operations and maintenance (O&M) of the…
LANXESS commissions new blending facility in Gujarat
LANXESS, a leading speciality chemicals company, has inaugurated a new blending plant at its chemicals manufacturing site in Jhagadia, Gujarat. As part of the first phase of development, the facility…
Amazon to scale ‘Amazon Now’ to 100 cities, 1,000 micro-fulfilment centres
Amazon on Monday said it will expand its ultra-fast delivery service, Amazon Now, to 100 cities across India, significantly ramping up its quick commerce footprint as competition intensifies in the…
JSW Motors plans to open own showrooms before India car debut
JSW Group’s automotive business is preparing to open a clutch of company-owned showrooms in India ahead of its first vehicle launch later this year, a bid by the conglomerate to…
Elon Musk vs Sam Altman trial begins today: What’s at stake, key allegations, and all you need to know
The high-profile trial between Elon Musk and the company he helped co-found, OpenAI, is all set to get underway inside a courtroom soon. Jury selection in the case is set…
India tech giants struggle to shake off $115 billion rout
Earnings from India’s bellwether software services exporters have reinforced investor concerns about the sector’s growth prospects, signaling that the downturn in their stocks has further to run. Infosys Ltd., the…
Sigma Advanced Systems inks pact with Rolls-Royce to supply components for aerospace programs
Sigma Advanced Systems has signed a seven-year long-term agreement with Rolls-Royce valued at ₹3,800 crore to supply a wide portfolio of high-precision-engineered, safety-critical components and assemblies for Rolls-Royce’s aerospace programs. …