New Delhi, Apr 13 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Monday adjourned its hearing over mining giant Vedanta Group’s petitions against the selection of Adani Enterprises’ bid…
Category: Companies
GE Aerospace scales AI from pilots to production; India anchors global capability
is moving artificial intelligence from pilot projects to core operations, delivering measurable gains in efficiency and productivity, said Dinakar Deshmukh, Executive Director, Data Science and AI at the company. The…
TSMC likely to book fourth straight quarter of record profit on insatiable AI demand
* Net profit expected to jump 50% in first-quarter * TSMC benefiting more than other chip foundries from AI boom * First-quarter revenue rose 35% * Earnings call on Thursday…
Nuvama’s PE arm raises focus on manufacturing, invests ₹200 cr in Chennai-based Val-Met Engineering
Mumbai: The Nuvama Group’s private equity arm has invested ₹200 crore for a minority stake in Val-Met Engineering, betting on a specialized supplier of aerospace and defence materials as global…
Track two: Indian IPO-bound firms explore private sales alongside listing plans
Companies in India are increasingly pursuing a dual-track strategy of preparing for an initial public offering (IPO) and simultaneously exploring private sales, as stock market volatility affects both timing and…
Air India to offer stock options tied to performance
Air India is set to offer its employees performance-linked stock options in a bid to reward and attract talent, as the airline pursues profitability four years after its takeover by…
Tata Sons’ exit door from upper layer NBFC list narrows
The Reserve Bank of India’s (RBI) latest proposal to classify non-banks with assets over ₹1 trillion in the upper layer could leave little wiggle room for Tata Sons, save for…
Has the Death of the Department Store Reached Japan?
Has the demise of the department store finally arrived in Japan, which has held on to them longer than most? The news of the impending closure of the Seibu store…
An exclusive 23-story Miami hotel vanishes in a 15-second implosion
MIAMI (AP) — A hotel at one of Miami’s most exclusive locations was demolished Sunday to make way for something bigger. Demolition experts completed the controlled implosion of the former…
Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana
Juno Joule Bio Fuels commenced construction of its flagship Compressed Bio-Gas (CBG) project at Narmetta, Siddipet district, Telangana. The project, for which ground-breaking was performed on Sunday, is part of a…