Companies News

Infosys Profit Jumps 30 Per Cent To Rs 7,969 Crore In Q4

Infosys Profit Jumps 30 Per Cent To Rs 7,969 Crore In Q4

During the financial year ended March 2024, net profit increased by 8.9 per cent to Rs 26,233 crore from Rs 24,095 crore recorded in FY23.

Apr 18, 2024, 17:30 PM IST
Bharti Airtel To Merge Sri Lanka Operations With Dialog Axiata

Bharti Airtel To Merge Sri Lanka Operations With Dialog Axiata

Airtel Sri Lanka commenced commercial operations in Sri Lanka in 2009. 

Apr 18, 2024, 12:30 PM IST
Google Sacks 28 Employees Involved In Protests Over Israel Govt Contract

Google Sacks 28 Employees Involved In Protests Over Israel Govt Contract

The layoffs happened after nine employees were suspended and then arrested in the US earlier this week, reports The Verge.

Apr 18, 2024, 11:13 AM IST
Nestle Adds Sugar In Baby Foods Sold In Low And Middle Income Countries Including India, But Not In Developed Nations: Report

Nestle Adds Sugar In Baby Foods Sold In Low And Middle Income Countries Including India, But Not In Developed Nations: Report

Swiss investigative organisation Public Eye has found in its report that Nestle adds upto 3 grams of sugar in its baby food per serving in India, however the same is sugar-free in countries like US,

Apr 18, 2024, 09:47 AM IST
Adani Family Further Infuses Rs 8,339 Crore In Ambuja Cements, Increases Stake To 70.3%

Adani Family Further Infuses Rs 8,339 Crore In Ambuja Cements, Increases Stake To 70.3%

This follows the investment of Rs 5,000 crore on October 18, 2022, and Rs 6,661 crore on March 28 this year by the promoter of the company, thereby infusing a total amount of Rs 20,000 crore in

Apr 18, 2024, 08:44 AM IST
Samsung Aims For Rs 10,000 Cr Revenue From Its AI TV Business In India

Samsung Aims For Rs 10,000 Cr Revenue From Its AI TV Business In India

As per analysts, no TV brand in the country has achieved the Rs 10,000 crore revenue milestone before.

Apr 17, 2024, 17:40 PM IST
CBDT Signs Record 125 Pacts To Ease Tax Payments By Big Multinational Firms

CBDT Signs Record 125 Pacts To Ease Tax Payments By Big Multinational Firms

With this, the total number of APAs since the inception of the APA programme has gone up to 641.

Apr 17, 2024, 08:01 AM IST
Paytm Clarifies Licensing Process Status Amid Speculations, Says Govt Champions Fintech

Paytm Clarifies Licensing Process Status Amid Speculations, Says Govt Champions Fintech

Recent media reports speculated on the deferral of Paytm Payment Services Limited’s (PPSL) license application and potential penalties. 

Apr 16, 2024, 20:38 PM IST
Tesla’s Senior Vice President Drew Baglino Resigns Amid Job Cuts

Tesla’s Senior Vice President Drew Baglino Resigns Amid Job Cuts

Baglino comes with 18 years of experience and has been part of Tesla since 2006. 

Apr 16, 2024, 18:12 PM IST
Business Success Story: From Threads To Towers, The Remarkable Journey Of Irfan Razack, Bengaluru Tailor Turned Billionaire Real Estate Magnate

Business Success Story: From Threads To Towers, The Remarkable Journey Of Irfan Razack, Bengaluru Tailor Turned Billionaire Real Estate Magnate

After passing out from IIT-M, he could have easily got a high-paying job in an MNC. However, he set his sights on passing the highly-sought UPC exam.

Apr 16, 2024, 17:35 PM IST
Microsoft Invests $1.5 Billion In UAE-Based AI Company G42

Microsoft Invests $1.5 Billion In UAE-Based AI Company G42

G42 and Microsoft will also work together to bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa. 

Apr 16, 2024, 16:37 PM IST
Zomato Introduces India’s First 'Large Order Fleet' For Gathering Up To 50 People

Zomato Introduces India’s First 'Large Order Fleet' For Gathering Up To 50 People

Goyal explained that earlier, Zomato's large orders were fulfilled by several different delivery partners which led to a less than satisfactory customer experience.

Apr 16, 2024, 15:51 PM IST
Samsung Set To Expand Chips Supply Chain After $6.4 Bn US Grants

Samsung Set To Expand Chips Supply Chain After $6.4 Bn US Grants

Experts pointed out Samsung's production capabilities as a world-leading semiconductor producer and commitment to the US investment have led to the third-biggest subsidy deal with Washington.

Apr 16, 2024, 12:33 PM IST
Fintech Firm Bharatpe Elevates Nalin Negi As CEO

Fintech Firm Bharatpe Elevates Nalin Negi As CEO

Under him as an interim CEO and CFO, BharatPe recorded 182 per cent increase in revenue from operations in FY23 and clocked October as the first EBITDA positive month.

Apr 16, 2024, 11:33 AM IST
TCS Announces New Delivery Center In Brazil; To Create 1600 Jobs Over Five Years

TCS Announces New Delivery Center In Brazil; To Create 1600 Jobs Over Five Years

Since 2018, Tata Consultancy Services (TCS) has been present in Londrina, Brazil. It employs approximately 1,700 individuals within the city.

Apr 15, 2024, 19:34 PM IST
Meet Shivratan Agarwal: The Man Who Turned Indian Snack Into Rs 13,430 Cr Company

Meet Shivratan Agarwal: The Man Who Turned Indian Snack Into Rs 13,430 Cr Company

Shivratan Agarwal revolutionized the industry by introducing cutting-edge technology for producing bhujias in India.

Apr 15, 2024, 17:56 PM IST
Shareholders Approved Rights Issue To Tackle Cash Crunch: Byju's

Shareholders Approved Rights Issue To Tackle Cash Crunch: Byju's

Earlier in the day, the company announced that Arjun Mohan, who was elevated as the embattled edtech firm’s CEO some seven months back, has moved on to pursue other opportunities.

Apr 15, 2024, 17:06 PM IST
Byju's CEO Arjun Mohan Quits, Edtech To Consolidate Biz In 3 Units

Byju's CEO Arjun Mohan Quits, Edtech To Consolidate Biz In 3 Units

Byju has now decided to consolidate its business into three “focused” divisions -- The Learning App, Online Classes and Tuition Centres, and Test-prep.

Apr 15, 2024, 13:13 PM IST
Edtech Firm upGrad Created 55,000 Jobs In FY24

Edtech Firm upGrad Created 55,000 Jobs In FY24

Interestingly, upGrad's free courses in GenAI, Data, AI/ML, and technology, witnessed over 1.4 lakh enrollments.

Apr 15, 2024, 12:41 PM IST
Zerodha Co-Founder Nikhil Kamath Launches Non-Dilutive Grant Fund 'WTFund' For Young Entrepreneurs

Zerodha Co-Founder Nikhil Kamath Launches Non-Dilutive Grant Fund 'WTFund' For Young Entrepreneurs

This initiative focuses on individuals who have the potential to revolutionise their industries through creative ideas and compelling visions.

Apr 15, 2024, 12:25 PM IST