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India's M&A market sees record activity in February at $7.2 billion

As many as 85 merger and acquisition (M&A) deals worth $4.8 billion were announced in February

India's M&A market sees record activity in February at $7.2 billion
Updated On : 15 Mar 2025 | 10:47 AM IST

Intel's new CEO Lip-Bu Tan gets pay package valued at about $69 million

Tan has also agreed to buy $25 million in Intel shares in the first 30 days of taking the job

Intel's new CEO Lip-Bu Tan gets pay package valued at about $69 million
Updated On : 15 Mar 2025 | 6:31 AM IST

Godrej Interio aims to ride e-commerce wave, targets 18-20% growth

The firm's parent company has planned an investment of Rs 100 crore for its digital revamp, customer experience, and sales growth through ecommerce for the next year

Godrej Interio aims to ride e-commerce wave, targets 18-20% growth
Updated On : 14 Mar 2025 | 11:40 PM IST

Realigning global business lines to match clients' demands: Wipro

The technology services line is a merger of its previous cloud capabilities (Wipro FullStride Cloud) and data, application platform, digital operations, and cybersecurity (Wipro Enterprise Futuring)

Realigning global business lines to match clients' demands: Wipro
Updated On : 14 Mar 2025 | 11:36 PM IST

Steelbird targets 3-fold revenue growth by 2030; to expand production

Steelbird now manufactures 10 million units at its Baddi facility, which it aims to take up to 25 million by 2032, besides adding another facility in the state in the next four years

Steelbird targets 3-fold revenue growth by 2030; to expand production
Updated On : 14 Mar 2025 | 11:25 PM IST

IIT-B startup HaystackAnalytics plans to take genome testing to EU, US

Srivastava says that in the next five years they need to invest another $40-50 million or so to build the business, and there are plans to take the infexn test to the US and Europe as well

IIT-B startup HaystackAnalytics plans to take genome testing to EU, US
Updated On : 14 Mar 2025 | 11:23 PM IST

Tata Sons set to invest Rs 1,432 cr in rights issue of Tata Projects

Conglomerate's engineering and construction company gets board approval for fundraising

Tata Sons set to invest Rs 1,432 cr in rights issue of Tata Projects
Updated On : 14 Mar 2025 | 10:53 PM IST

Firms pull back on investor meets amid weaker earnings, bearish sentiment

While sectors like services and telecommunications have continued to increase engagement, the overall number of meetings across companies has fallen by over 7.4 per cent from its peak

Firms pull back on investor meets amid weaker earnings, bearish sentiment
Updated On : 14 Mar 2025 | 10:51 PM IST

Infosys to pay $17.5 million to settle data breach case in BPM unit

McCamish, bought by Infosys BPM in 2009, is a platform-based BPO firm that provides life insurance and retirement software solutions and service offerings in the US

Infosys to pay $17.5 million to settle data breach case in BPM unit
Updated On : 14 Mar 2025 | 9:59 PM IST

Brigade Enterprises launches Rs 2,700 cr housing project in Bengaluru

As per the PropEquity data, housing sales in Bengaluru fell 9 per cent to 60,506 units in 2024, from 66,600 units in the preceding year

Brigade Enterprises launches Rs 2,700 cr housing project in Bengaluru
Updated On : 14 Mar 2025 | 6:48 PM IST

Signature Global to invest Rs 4,000 cr on 2 projects in Gurugram: Chairman

"We will be focusing on the Rs 2-5 crore price bracket, where we are seeing huge demand but limited supply," Chairman Aggarwal said

Signature Global to invest Rs 4,000 cr on 2 projects in Gurugram: Chairman
Updated On : 14 Mar 2025 | 6:20 PM IST

IdeaForge to increase R&D spending this fiscal to boost UAV innovation

ideaForge was founded in 2007 by Ankit Mehta, Ashish Bhat, and Rahul Singh. It has financial backing from marquee investors such as Infosys and Qualcomm Ventures

IdeaForge to increase R&D spending this fiscal to boost UAV innovation
Updated On : 14 Mar 2025 | 5:16 PM IST

TVS Motor, PETRONAS Lubricants extend their partnership in motorsports

As part of the alliance with TVS Motor, PETRONAS Lubricants International will continue to be the title sponsor for TVS Racing, the factory racing team, for the next three years

TVS Motor, PETRONAS Lubricants extend their partnership in motorsports
Updated On : 14 Mar 2025 | 4:26 PM IST

Hanto Workspaces revenue to grow 40% to Rs 30 cr in FY25 on demand

According to Cushman & Wakefield, India's office market was very active in 2024 with gross leasing of workspace witnessing a 19 per cent increase to a record 885.2 lakh square feet across 8 major city

Hanto Workspaces revenue to grow 40% to Rs 30 cr in FY25 on demand
Updated On : 14 Mar 2025 | 4:23 PM IST

DGCA, IIT audit findings put Terminal 2 on the repair runway: DIAL

Delhi Airport has three terminals: T1 with a capacity of 40 million passengers per year, T2 with 15 million, and Terminal 3 (T3) with 45 million

DGCA, IIT audit findings put Terminal 2 on the repair runway: DIAL
Updated On : 14 Mar 2025 | 12:09 AM IST

HDFC Bank plans to sell Rs 1,028 cr bad loans via Swiss challenge auction

Of the Rs 478 crore, Rs 329 crore comes from 1,973 mortgage and home loan accounts, Rs 77 crore from 3,232 commercial vehicle loan accounts, and Rs 72 crore from 2,074 agriculture loan accounts

HDFC Bank plans to sell Rs 1,028 cr bad loans via Swiss challenge auction
Updated On : 14 Mar 2025 | 12:01 AM IST

Intel's new CEO Lip-Bu Tan has a history as a successful underdog

Tan, named Intel CEO on Wednesday, faces an enormous challenge in turning around the operations of a company that put the "silicon" in Silicon Valley

Intel's new CEO Lip-Bu Tan has a history as a successful underdog
Updated On : 13 Mar 2025 | 11:32 PM IST

L&T targets 150 MW data centre capacity by 2027, to utilise land banks

At present, L&T has operational data centres in Mumbai and Chennai, with a combined capacity of 32 Mw

L&T targets 150 MW data centre capacity by 2027, to utilise land banks
Updated On : 13 Mar 2025 | 11:12 PM IST

After selling 10% stake, Haldiram's to sell another 5% to other investors

Other private equity players that were in the race to acquire a stake in the snacks major backed out, citing very high valuations

After selling 10% stake, Haldiram's to sell another 5% to other investors
Updated On : 13 Mar 2025 | 11:07 PM IST

Patanjali buys majority stake in Magma General Insurance for Rs 4,500 cr

Magma General Insurance, with presence across motor, health, property, and other commercial lines, reported a gross written premium (GWP) of Rs 3,295 crore in 2023-24 (FY24)

Patanjali buys majority stake in Magma General Insurance for Rs 4,500 cr
Updated On : 13 Mar 2025 | 11:01 PM IST