New Delhi: Tata Group’s UK-based battery firm, Agratas Ltd, will draw £1.15 billion ( ₹14,000 crore) in loans from a consortium of banks, which has approved increasing the amount by…
Category: Companies
Ferrari’s former design house is hanging by a thread—extended by Tech Mahindra
Once touted as a jewel in Tech Mahindra Ltd’s crown, Pininfarina S.p.A. has become a drag on the company’s finances, weighed down by an expensive lawsuit, hefty severance payouts and…
Invicta Diagnostic ventures into Pune, takes tally to 10 centres in state
Invicta Diagnostic, a leading diagnostic service provider in Maharashtra, has opened a new diagnostic centre in Pune through its subsidiary, Porteus Medical LLP and increased its tally to 10 centra…
AI reshapes CTO role as Indian tech leaders take on workforce transformation: LinkedIn
Artificial Intelligence (AI) is rapidly redefining the role of chief technology officers (CTOs) in India, expanding their responsibilities beyond technology management to include workforce transformation, organisational strategy and business innovation,…
Indian consumers are guzzling down dairy-based beverages, players see strong double-digit growth this summer
Amidst a scorching summer, packaged dairy-based beverages like buttermilk, lassi, haldi doodh, and flavoured milk are witnessing high double-digit growth. This surge in demand comes as health-conscious Indian consumers increasingly…
Absence of deep-tech ecosystem has kept ₹1 lakh cr RDI funds from reaching deserving start-ups: Neelkanth Mishra
The absence of a deep-tech ecosystem in India hinders attempts to provide the Research, Development and Innovation (RDI) fund worth ₹1 lakh crore to deserving start-ups, as per Neelkanth Mishra,…
Ramco Systems appoints Sandesh Bilagi as Chief Executive Officer
Ramco Systems, the SaaS company from the Ramco group, has announced the appointment of Sandesh Bilagi as its Chief Executive Officer. Bilagi was previously the President & Chief Operating Officer…
‘Operating environment has become more challenging in the Netherlands,’ says Tata Steel Chairman
Tata Steel’s 7-million-tonne-per-annum Netherlands steel plant seems to be facing fresh regulatory pressure in its decarbonisation journey, after Chairman N Chandrasekaran on Thursday said the “operating environment” in the country…
Air India slashes fuel surcharges on long-haul international flights as oil prices fall: How airfares will change
Air India has reduced fuel surcharges on flights to North America, Australia, Europe and the United Kingdom following a decline in global oil prices over the past few weeks, PTI…
Adani Enterprises launches $1.05 billion share sale, begins second phase of ₹16,600 crore fundraising
Mumbai: Less than three months after completing a ₹25,000-crore rights issue, billionaire Gautam Adani-led is returning to the equity market with a qualified institutional placement (QIP) to raise at least…