Fintech major Pine Labs has acquired a 100 per cent stake in checkout optimisation start-up Shopflo Technologies for up to ₹88 crore in cash, as it looks to strengthen its…
Category: Companies
Adani Green takes ₹1,200–1,500 cr EBITA hit from transmission constraints; slows capacity additions
Facing transmission constraints that led to curtailment of power, (AGEL) has not only slowed renewable capacity additions, but has also taken an estimated ₹1,200–1,500 crore hit to EBITA in FY26.…
Montra Electric expands its electric small truck range with two new variants
Montra Electric, the clean mobility brand of the Chennai-based Murugappa Group, has expanded its eSCV portfolio with the introduction of two new EVIATOR variants, EVIATOR 350 (32kWh) and EVIATOR 350L+…
India Cements net up 4 times on better realisation, lower cost
India Cements, a subsidiary of UltraTech Cement, has reported that its net profit in the March quarter increased nearly four times to ₹59 crore against ₹15 crore logged in the…
Indigo denies claims of banning sindoor, tilak; cautions against sharing ‘fabricated’ documents online
IndiGo on Saturday denied claims that it prohibits staff from wearing religious markers such as sindoor and tilak, stating that documents circulating on social media regarding the airline’s grooming policy…
Supreme Power Equipment bags orders worth ₹128 crore
Supreme Power Equipment on Saturday announced securing transformer supply orders worth ₹128 crore. The company has received four orders by different entities to supply power transformers of 20 megavolt ampere…
Adani Energy Solutions to raise FY27 capex by 47% to ₹22,000 crore, led by transmission push
Adani Energy Solutions Limited (AESL) will increase its capital expenditure by 47 per cent to about ₹22,000 crore in FY27, with the bulk of the spending directed toward its transmission…
Mastek to sell its property inside Mahindra World City to Caresoft Mobility for ₹60 crore
Mastek Ltd plans to sell its commercial building at Mahindra World City, SEZ, Chengalpattu, near Chennai, to Caresoft Mobility Pvt Ltd for ₹60 crore. The IT company in an announcement…
Reliance Retail reports stable Q4 growth amid margin pressures
Reliance Retail Ventures reported steady growth in the fourth quarter of FY26, with strong momentum in hyper-local commerce and continued expansion of its store network, even as margins remained under…
$40 Billion from Google. $25 Billion from Amazon. Anthropic is now the most fought-over AI company on Earth
In one of the largest investments ever made in an artificial intelligence company, Google has committed up to $40 billion to Anthropic, a deal that cements the Claude maker’s position…