Companies

Infosys to acquire Optimum Healthcare IT, Stratus in twin US deals worth up to $560 mn

The company will acquire Optimum Healthcare IT for up to $465 million and Stratus for up to $95 million, the Bengaluru-headquartered company said

Network18 appoints Raj Jain as Independent Director

Jain, former Chief Executive Officer of Bennett, Coleman & Co. Ltd (The Times Group), brings with him years of experience across sectors

Burma Burma raises over Rs 38 crore from Negen Capital, others at Rs 500 crore valuation

The premium Burmese restaurant chain brings in investors Endurance Capital, Coheron Wealth as it plans expansion across cities

CoinDCX co-founders granted bail in alleged fraud case

The FIR was lodged by 42-year-old insurance consultant at a police station in Mumbra on March 16 alleging cheating on the founders and CoinDCX. The crypto exchange had denied the claims citing impersonation of its brand and fake website.

Ozempic copies at Rs 1,290 in India as generic GLP-1 era starts

Natco Pharma plans to make an injection for semaglutide — the active ingredient in both Ozempic and Wegovy — that will have a starting price of Rs 1,290 a month, on the first day the generics are allowed

Costly mistake: Air India Vancouver flight asked to return mid-air as airline sends 'wrong' Boeing aircraft

Mid-journey—after flying for over four hours and reaching Chinese airspace near Kunming—the airline realised the aircraft type did not have regulatory clearance to operate into Canada

Novo Nordisk patent expiry opens door to cheaper weight-loss drugs in India

More than 40 Indian firms are expected to launch over 50 brands within weeks, analysts and doctors said, widening access in a price-sensitive market

Accenture forecasts quarterly revenue below estimates on cautious enterprise spending

The company expects fiscal third-quarter revenue between $18.35 billion and $19.00 billion, with the midpoint slightly below analysts' average estimate of $18.72 billion

Iran crisis lifts India bottled water prices, erasing PM Modi tax cut gains

The market is being squeezed as rising oil prices increase the cost of polymer, a key material for the industry's plastic bottles

HDFC Bank chairman Atanu Chakraborty resigns, cites 'ethical' concerns

The bank has appointed Keki Mistry as the interim part-time chairman.

Indian drone maker ideaForge wins US school security contract

Texas district to deploy UAVs across 20–25 schools

BHIM ropes in MS Dhoni as brand ambassador to drive trust-led growth push

NPCI arm looks to deepen user confidence and expand adoption across Bharat

Reliance signs $3 billion green ammonia supply deal with South Korea's Samsung C&T

Supply under the deal will begin in the second half of fiscal year 2029, the Indian conglomerate said in an exchange filing

Nearly half of vehicles on Indian roads lack insurance despite digital enforcement push

According to data cited by the Union government in Parliament, around 54 percent of vehicles in India are uninsured, with 16.5 crore vehicles out of a fleet of about 30.48 crore operating without insurance

Temasek, ChrysCapital in shortlist for EQT’s stake in CitiusTech

EQT is looking at a valuation north of $2.2 billion for CitiusTech, with the last round with co-investor Bain Capital struck at $2.45 billion

Air travel set to become expensive as IndiGo joins Air India in imposing fuel surcharge

The surcharge comes amid escalating tensions in the West Asian region, resulting in soaring crude oil prices across the world

Jindal Stainless flags operations disruption due to fuel shortage

Authorities have also diverted gas supplies from industry to prioritize household consumption

Reliance says taking proactive steps to maximise LPG production, will divert KG-D6 gas to priority sector

The company said it will divert natural gas produced from the KG-D6 basin to support supply to priority sectors, in line with national energy priorities and government guidelines

Air India tickets to get costlier as airline plans fuel surcharge amid West Asia crisis

The Tata group-owned airline said the price of aviation turbine fuel (ATF) has seen a significant jump since early March

Telecom sector seeks priority power, fuel access amid West Asia supply disruptions

DIPA director general Manoj Kumar Singh urged the government to ensure priority electricity supply for telecom tower sites and restore LPG supplies to telecom tower manufacturing units.

IndiGo CEO Pieter Elbers resigns; MD Rahul Bhatia to take interim charge of airline

The airline said he is relieved with immediate effect.

SpiceJet chairman says crude oil even at $90 is ‘unsustainable’

Indian carriers have hiked prices on long-haul routes by 15%, Bloomberg News reported Monday

Lucky numbers and collusion: How an Indian cement cartel came unstuck

The details of the case were outlined in a confidential investigation report and evidence that were shared with the companies in January and reviewed by Reuters

Reliance buys 6 million barrels of Russian oil for March: Report

Reliance bought the cargoes of Russian flagship grade Urals oil at prices ranging from a discount of $1 to a premium of $1 to dated Brent

Food giant Wilmar hit by $150 million loss from Pakistan company

The Singapore-listed trader revealed in its full-year financial statement last week that it had made the provision for losses in relation to an 'associated company' in Pakistan