Non-IT companies including real estate, staffing and cab-hailing platforms are setting up GCC practices or investing in data centres to capitalize on growing tech needs as automation tools rewrite how…
Category: Companies
IBM Shares Soar on US Funding for $2 Billion Quantum Push
The Trump administration has agreed to award $1 billion to International Business Machines Corp. to build a foundry for producing quantum computing chips, part of a broad strategy to bolster…
Air India CEO says successor will have hands full
By Doyinsola Oladipo NEW YORK, May 21 (Reuters) – Air India CEO Campbell Wilson said on Thursday that his successor will have his or her “hands full,” as the carrier…
Stellantis turns to Tata Motors to build global Jeep out of India
Stellantis has unveiled its biggest India strategy reset in years, announcing that it will develop and manufacture a new global Jeep vehicle in partnership with Tata Motors, turning India from…
Himadri Speciality Chemicals raises investment in Sicona Battery Technologies
Himadri Speciality Chemicals has made an additional investment in Sicona Battery Technologies Pty Ltd. The investment has been made through the subscription of compulsorily convertible notes (CCNs), the company said.…
Swiggy shareholders push back against board rights change
’s shareholders on Thursday rejected a proposal that would have expanded founder and chief executive officer (CEO) Sriharsha Majety’s board nomination rights, marking the first time they have voted down…
LG Electronics India net profit dips 8.1%, registers highest quarterly revenue
Higher commodity costs and a depreciating rupee impacted LG Electronics India’s profits in the March quarter. The company posted a net profit of ₹692.7 crore for the quarter, down 8.19…
Paradise Biryani to invest ₹100 cr to open 100 new stores
Paradise Biryani, a popular biryani brand in Hyderabad, is going places. After acquiring it from its promoters, Samar Capital has said it would open 100 new outlets across major cities.…
VA Tech Wabag Q4 PAT up 28.6% at ₹128 crore
Water technology company VA Tech Wabag(WABAG) on Thursday reported a 28.6 per cent growth in consolidated net profit for the quarter ended March 202 (Q4 FY26) at ₹128 crore. Revenue…
Impacted by GST rate and West Asia conflict, ITC Q4 profit up 5% at ₹5,113 crore
Broadly in line with street estimates, diversified conglomerate ITC reported a 4.89 per cent year-on-year increase in its standalone net profit in Q4FY26 to ₹5,113.36 crore, as increased GST rate…