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Wipro CEO Srini Pallia hails ‘transformative’ 32 years in first email to staff Collective efforts of employees have propelled Wipro’s success, says CEO Srinivas Pallia

Air India to develop Bengaluru airport as hub for southern India The airline, along with other Tata Group airlines Air India Express and Vistara, will collaborate with the country’s third-busiest airport to enhance international connectivity over the next five years

TSMC to make world's most advanced semiconductors in US, gets $6.6 billion subsidy The US Commerce Department has signed an accord with Taiwan Semiconductor Manufacturing Company (TSMC) to build the world's most advanced semiconductors at Arizona in Phoenix by the end of 2030, and has awarded...

Pegatron in talks to sell iPhone plant to Tata Group: Report Pegatron is in advanced talks to sell its only iPhone manufacturing facility in India to the Tata Group, says a report

Former Wipro CEO Thierry Delaporte writes to employees, says ‘main goal is complete with foundational elements’ Former Wipro CEO Thierry Delaporte writes to employees, says ‘main goal is complete with foundational elements’

Prestige Group sets record with FY24 sales topping ₹21,040 crore For FY25, Prestige has a robust line-up of project launches in cities like Mumbai, Bengaluru, Chennai, and NCR, aiming to cover nearly 30 million square feet with a combined gross development value worth ₹28,000 crore

For Wipro’s new CEO, a lot of ground needs to be covered to regain lost glory Srinivas Pallia’s plans are a key monitorable and a re-rating trigger for the stock. A comforting factor is that the new CEO is an internal candidate, so he would be more versed with the organization’s...

Paytm's Vijay Shekhar Sharma uses ChatGPT to check negative health claims about cooking oil, here's what he found... Engaging with a social media post on the harm of reusing cooking oil, Vijay Shekhar Sharma said he asked ChatGPT ‘to give more details’ and shared the response from the AI tool.

Filter Capital closes ₹800 crore debut fund The firm has received capital commitments from institutional investors and family offices such as HDFC Fund of Funds, SIDBI, SRI Fund, Oister Global, and DSP family office. It will invest across sectors like IT services, FinTech, and B2B.

Q4 results preview: Retail sector demand remains muted, soft recovery await in value space; Trent, DMart likely outliers Q4 Result Preview: Retail sector demand remains subdued with slight sales improvement in February. March 2024 festivals could enhance demand. Revenue to rise by 21% YoY in...

Q4 results preview: Specialty chemicals sector likely to report weak earnings amid demand slowdown, subdued pricing Specialty chemical companies' revenue is expected to dip 1.1% YoY (up 11.8% QoQ) in Q4FY24 amid weak demand and subdued pricing. EBITDA is expected to decline 15.5% YoY (+23.3%...

Go First gets lifeline as NCLT extends moratorium, again The extension was granted after the court was informed that two resolution plans were being finalized. The tribunal has instructed the Go First's resolution professional to complete the process within the extended period

Piramal Alternatives invests ₹110 cr in Biodeal Pharmaceuticals Noida-based Biodeal specializes in contract manufacturing products like nasal sprays to international and domestic pharmaceutical companies.

NTPC to add 5 GW power generation capacity in FY25 NTPC is looking to expand its non-fossil-based capacity to 45-50% of the company's portfolio by 2032

Electric vs Petrol: Ather launches new family e-scooter ‘Rizta’, CEO Tarun Mehta says continuation of subsides vital Ather CEO and co-founder, Tarun Mehta, urged the government to continue e-scooter subsidies to meet India's ambitious 2030 electrification goals. Subsidy cuts have stalled growth...

Aakash appoints Deepak Mehrotra as MD and CEO Mehrotra was the managing director of Ashirvad Pipes and has also worked with Pearson India, Bharti Airtel, Coca-Cola, and Asian Paints

L&T’s defence arm to diversify into civil projects to optimise asset utilisation The new business strategy will involve making non-military advanced equipment at its facilities designed for defence manufacturing purposes to better sweat these assets

'Paid extra 1k...': Passenger slams Air India for broken window seat, airline replies | Video A passenger onboard Delhi-Bengaluru Air India flight AI512 has slammed the airline for providing a broken window seat, despite paying additional charges of ₹1,000 for the same

IRDAI flags Hinduja Group-led IIHL's acquisition of Reliance Capital, says plan 'not in line with regulations' Hinduja Group-led IIHL's Reliance Capital acquisition plan has met with another roadblock after IRDAI raised concern over the resulotion plan for the debt-ridden insurance company. The...

Air India passenger receives broken seat despite paying extra ₹1,000; airline issues apology The traveler posted on X to report the incident, mentioning that they had paid an additional ₹1,000 for this particular window seat.