As Larsen & Toubro (L&T) forays into the industrial electronics segment and sets up a new business vertical, L&T Electronic Products & Systems (LTEPS), the engineering major is set to…
Category: Companies
Sahi raises $33 million at over 3x valuation
Broking firm Sahi has raised about $33 million in a funding round led by venture capital firm Accel Global, more than tripling its valuation to about $200 million, the company’s…
AI on the shopfloor: India Inc’s next frontier in the upskilling playbook
AI training for India Inc. is moving beyond the office. While the focus has been on white-collar artificial intelligence training programmes so far, initiatives to upskill blue-collar shopfloor workers are…
Neo Alternative announces first close of ₹5,000 crore second infra income fund, targets ₹1 trillion platform
MUMBAI: Neo Alternative Asset Managers has reached the first close for its ₹5,000 crore infrastructure income fund, as it doubles down on operating road and renewable assets backed by long-term…
Infosys secures largest GCC deal
BENAGLURU: Infosys Ltd has won a contract worth upwards of $500 million from US-based Truist Financial Corp. to set up and run a global capability centre (GCC) in Hyderabad, making…
Elon Musk vs Sam Altman Day 2: Tesla boss testifies he founded OpenAI as nonprofit to counter Google
Elon Musk testified in a federal courtroom in Oakland, California, on Tuesday, telling a jury that he conceived, named and funded OpenAI on the explicit understanding that it would never…
Elon Musk wanted keys to kingdom, OpenAI lawyer says at trial
By Deepa Seetharaman and Kenrick Cai OAKLAND, California, – A high-stakes trial over the future of OpenAI got underway on Tuesday, with lawyers disputing whether Elon Musk was committed to…
OxyContin maker Purdue Pharmas criminal sentence could be the last step before company dissolves
NEWARK, N.J. (AP) — OxyContin maker Purdue Pharma could be dissolved and replaced by a company focused on the public good by the week’s end, as a massive legal settlement…
Oaktree Capital Accuses BJ’s of Reneging on Tariff Refund Trade
(Bloomberg) — Oaktree Capital Management LP sued BJ’s Wholesale Club Inc. for allegedly backing out of a deal to sell its rights to around $29 million in tariff refunds for…
Coca-Cola Q1 volume rises 3% globally, driven by India, US and China
Coca-Cola on Tuesday said that global unit case volume for Q1 CY 2026 grew 3 per cent, led by China, the US and India. The company said it focused on…