Companies

Ericsson to add over 150 engineers in Bengaluru as it expands ASIC R&D capabilities in India

The Bengaluru expansion is part of Ericsson’s global strategy, underpinned by $5 billion in annual research and development (R&D) investments

Indian, Chinese firms seek technical tie ups amid JV nod delay: Report

The Chinese firms are averse to joint ventures equity tie ups due to long delays in government approval and looming geopolitical tensions between the two countries

Bata Corporation’s global CEO Sandeep Kataria resigns, announcement likely this week: Report

Kataria was the first Indian to lead the Swiss footwear maker and he was instrumental in making India a design and sourcing hub for the company

Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup

Meta will take a 49% stake for $14.3 billion, according to two sources familiar with the matter

NDR Group to add 4-5 million sq ft to InvIT, tap new markets

The company plans to do it through a right of first offer. It is targeting markets that are seeing rising demand, such as Odisha and the Northeast.

Govt to conduct more quality checks of q-comm dark stores amid hygiene concerns: Report

The campaign for quality checks of these dark stores will be led by the Food Safety and Standards Authority of India

Samvardhana Motherson plans $2 billion war chest to acquire Marelli: Report

The Indian company is preparing for a battle with US fund Strategic Value Partners over the purchase of Japanese auto parts maker

Carlyle group exits Indegene; sells 10.2% stake for Rs 1,447 crore

In April 2021, Carlyle invested USD 122 million (Rs 917 crore) in Indegene by acquiring 45.5 million shares at Rs 201 each on the stock exchanges.

Tata Electronics to buy chip fab plant in Malaysia to boost India plans: Report

The Tata group firm is in discussion with a few global semiconductor firms, including X-Fab, DNeX and Globetronics among others

Air India working on 'top-to-bottom transformation': CEO Campbell Wilson

There were no active interline partnerships with any Star Alliance carriers three years ago

REC unit transfers Talegaon Power Transmission to Adani Energy Solutions

The cost of the project, which is a specific project SPV of ISTS Transmission Project under TBCB route, is around Rs 1,807.46 crore

Adani's Mumbai airport spars with IndiGo, Air India over payment terms

The airport is one of India's busiest at a time when dozens are being added in one of the world's fastest-growing aviation markets

Radico Khaitan withdraws brand name 'Trikal' for new single malt whisky

In a regulatory filing, Radico Khaitan said withdrawal of brand name 'is not just a business decision, it is a gesture of respect, reflection, and our unwavering commitment to honour the sentiments of our people and our country'

Videocon loan case: SAT directs SEBI to provide Chanda Kochhar access to ICICI Bank documents

A bench led by Justice PS Dinesh Kumar (presiding officer) asked the market regulator to provide access to the case-related data to Kochhar, the report said

Samsung India executives seek to quash $81 million penalty over tax evasion

The tax authority in January found Samsung and its executives evaded tariffs by misclassifying imports of key mobile tower equipment from 2018 to 2021

IndusLaw becomes member of global law firm CMS, to complete onboarding by 2025-end

IndusLaw will remain an independent law firm under the CMS brand

LIC nears stake acquisition in health insurance firm, eyes higher AAA bond investments in FY26

Unlike typical acquisitions where a committee might determine stake size, LIC has opted for internal deliberations to decide the quantum of investment

Reputation is the No. 1 CEO concern even if it doesn’t top the rankings

Reputation isn’t just a brand or PR issue. It is the accumulated public perception of how well a company manages every single one of its business concerns, the columnist writes

DGCA probes IndiGo's Delhi-Srinagar flight turbulence incident

Videos of the moments of turbulence emerged on social media showing panicked passengers praying for their lives as the plane swayed.

Tata Steel completes 5 MT expansion project at Kalinganagar; India capacity crosses 26 MT

The company commenced the Rs 27,000-crore second phase of expansion of its Kalinganagar project in Odisha in November 2018.

CCPA may ask Zomato, Swiggy to revise cancellation policies

Currently, a customer loses about 90% of the order value in case of cancellation of the order

Dixon scales up production, eyes 12 million smartphone exports for Motorola, Google, Transsion Group

The expansion comes amid a shifting geopolitical landscape, as brands seek to diversify their supply chains

SC dismisses Vodafone, Airtel, Tata petition seeking waiver of AGR dues

Calls petitions misconceived, SG says relief not possible because of court rulings.

JB Pharma eyeing 12% growth, open to acquisitions, says CEO Nikhil Chopra

Acknowledged a subdued sentiment, Chopra is confident of JB Pharma's ability to outgrow the market ‘due to its focus on progressive categories and better execution’