may have to defer the timeline of its 1.25-billion-pound UK project for transitioning to a low-carbon steel-making process by six to eight months, as the company is facing delays in…
Category: Companies
Nestle India’s royalty payment to parent rises nearly 14% to ₹1,024 crore in FY26
General licence fees (royalty) paid by FMCG major Nestle India to its Switzerland-based group entity Société des Produits Nestlé S.A. were up 13.91 per cent to Rs 1,024.5 crore in…
Amber Enterprises’ subsidiary forms JV for medical, defence and aerospace electronics
Amber Enterprises’ material subsidiary, IL JIN Electronics (India) Private Limited, has incorporated a new joint venture focused on medical, defence and aerospace electronics, marking its entry into higher-value segments. Amber…
AI will reshape jobs, but India’s bigger challenge is preparing workers, boardrooms and classrooms
The debate around artificial intelligence has largely been framed around a single question: Will it take away jobs? But at The Hindu Huddle’s session on “I, Robot: How AI is…
Why India’s hotel companies kept growing despite a year of travel disruptions
New Delhi: India’s listed hotel companies shrugged off a year marked by military conflict, airline disruptions and geopolitical tensions to post robust earnings in FY26, even as investors soured on…
Pfizer’s monthly obesity shot has side-effect profile similar to Wegovy in midstage trial
Pfizer presented data on Saturday that showed a monthly dose of an experimental obesity drug it acquired through its purchase of Metsera last year had a similar side-effect profile as…
‘Chat is dead’: OpenAI plans biggest ChatGPT overhaul ahead of IPO, pivots to AI agents, says report
OpenAI is planning its biggest overhaul of ChatGPT since the chatbot first debuted and became a viral sensation in late 2022. As per a report by , OpenAI is planning…
I Squared Capital explores India-focused vehicle with upto 5,000 cr corpus
Mumbai: After more than a decade, I Squared Capital (ISQ), a global infrastructure investment firm, is exploring options to set up an India-focused vehicle with a targeted corpus of about…
Nestle India pays ₹1,024.5 crore royalty to Swiss parent entity, as sales revenue jumps to ₹23,071 crore in FY26
General licence fees (royalty) paid by FMCG major Nestle India to its Switzerland-based group entity Société des Produits Nestlé S.A. were up 13.91% to ₹1,024.5 crore in FY26, according to…
Why the market isn’t buying Salesforce’s AI story
Salesforce has a $5 billion stake in one of the hottest companies in artificial intelligence (AI). Investors aren’t impressed. On 1 June, Bloomberg reported that Salesforce’s investment in is now…