The latest companies stories, updated through the day.
Binance says hackers it attributes to North Korea stole $6.3 billion through a months-long campaign involving fake job interviews, malicious developer tools, compromised devices and AI techniques.
Pharma companies are exploring space-based manufacturing to grow drug crystals in microgravity, potentially improving cancer drug formulations. Companies such as Varda and BioOrbit are testing whether orbiting laboratories can make next-gen medicines commercially viable.
Air India CEO Tewolde Gebremariam says the airline's full turnaround could take 15-20 years as it plans to expand its widebody fleet and long-haul operations.
Biocon reported a 52% drop in second-quarter net profit due to shipment delays caused by geopolitical issues. The company expects revenue growth in the second half of fiscal 2027 from its biosimilars and insulin demand. Launches of pertuzumab in Europe and Brazil are anticipated soon, contributing t…
Air India plans to order more widebody aircraft as CEO Tewolde Gebremariam seeks to regain market share and pursue long-term growth. Backed by its shareholders, the airline is also working to cut costs and improve revenue as losses, airspace restrictions and aircraft delivery delays pose hurdles.
India faces a significant challenge in its ethanol production due to the lowest monsoon rainfall experienced in over a decade. This situation has prompted New Delhi to prioritize food security over its ethanol blending targets. Estimates suggest that the ethanol blending ratio may decrease this supp…
Indus Towers has installed solar systems at 50,000 telecom sites, adding around 300 MW of capacity, and aims to double the number by FY29. The company says the initiative, combined with battery storage and energy-management systems, has helped cut energy costs by 8-10% per kilowatt and reduce diesel…
Radico Khaitan and United Breweries report strong premium portfolio growth, while United Spirits flags pressure on lower-income consumers and rising costs
Students using Google search in classroom accounts will need access to AI tools, the company says
Shapoorji Pallonji Real Estate aims to develop a substantial plotted township in the Mumbai-Pune corridor. The project covers 900 acres and has an estimated gross development value exceeding Rs 6,000 crore. The company has secured approvals for the first phase, which spans 200 acres and will generat…
Jio Platforms, controlled by Mukesh Ambani's Reliance Industries, is exploring international partnerships for its broadband technology. The company has discussed potential collaborations with Comcast, Charter Communications, and South Africa's MTN Group. Negotiations with MTN fell through due to dis…
Union Minister Pralhad Joshi highlighted the importance of affordable, clean electricity access amid rising artificial intelligence adoption. He stated that this necessity will become a strategic imperative for reshaping economies. India has been re-elected as president of the International Solar Al…
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