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…
Category: Companies
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. …
Bulk LPG transporters for Indian Oil Corporation halt loading in south, allege ₹50 crore dues to them
Loading of bulk LPG for (IOC) from multiple refineries to bottling plants across southern India was disrupted on Monday morning after transport operators halted operations, citing long-pending payments and unsettled…
Acko lines up ICICI Sec, Kotak, Morgan Stanley for $2 billion IPO
Acko General Insurance Ltd has appointed investment banks for an initial public offering in India that could value the startup at up to $2 billion, according to three people familiar…
Sun-Organon buyout shows Indian Pharma’s big hunger for overseas M&As — Here’s a list of other major deals
Indian drug companies are increasingly looking overseas for growth, with acquisitions picking up and set to rise further as they seek to move beyond their reliance on generics and build…
BYD, Geely see more EV demand as oil prices climb from Iran War
China’s BYD Co. and Geely Automobile Holdings Ltd. are poised to benefit from higher demand for electric vehicles as the Iran war drives up oil prices. “Overseas sales growth will…
Sun Pharma inks agreement to buy US-based Organon for $11.75 billion
and US-based Organon & Co have entered into an agreement under which Sun will acquire all outstanding shares of Organon for $14 per share in an all-cash transaction with an…
Preview: UltraTech Cement to report 14% rise in net profit in Q4
UltraTech Cement, an Aditya Birla Group company, is expected to report a 14 per cent rise in March quarter net profit at ₹2,818 crore against ₹2,482 crore logged in the…
Trump hosts crypto contest winners at Mar-a-Lago as his coin languishes
By Michelle Conlin PALM BEACH, Florida, – U.S. President Donald Trump hosted winners of his second annual meme coin contest at his Mar-a-Lago club in Palm Beach, Florida, on Saturday,…