Page 354 - Company News

Retail, travel clients more exposed to US tariffs turmoil, says TCS CEO

The banking and financial services sector - which makes up nearly a third of revenue for India's biggest software exporter - remains unaffected, said the CEO

US agency probes bias claims against TCS on race, age, national origin

An EEOC spokesperson, citing federal law, said the agency cannot comment on investigations. Complaints, or charges, made to the EEOC are confidential under federal law.

IT major Infosys to hire 20,000 fresh engineering graduates in FY26

It remains to be seen how this hiring will pan out, which will largely depend on project ramp-ups and more deal inflows. Any further deterioration may force the companies to proceed with caution

Vodafone Idea suffers outage in Delhi, Mumbai; services restored now

Vodafone Idea faced a major outage in Delhi, Mumbai, Pune and NCR in the early hours of April 18. Services have now been restored, the company said

IT major Infosys approves Rs 51 crore ESOP grants for CEO Salil Parekh

These stock incentives are under various heads including ESG and equity, and add up to over Rs 51 crore

Not just Ashneer Grover: BluSmart had Dhoni, Deepika Padukone as investors

A number of celebrities and high-profile investors, including MS Dhoni, Deepika Padukone, Sanjeev Bajaj, and Ashneer Grover, had backed the EV startup now under Sebi scrutiny

Eli Lilly's first weight-loss pill shows success in initial Phase 3 trials

Lilly CEO says if approved, drug could be manufactured and launched at scale globally

Tata Elxsi inks €50 million multi-year deal with Europe-based auto company

As part of this collaboration, Tata Elxsi will establish a dedicated Global Engineering Centre to support the customer's software platform roadmap and brand-aligned software engineering programmes

ITC set to acquire 24 Mantra Organic brand in Rs 472.5 crore deal

It has signed a share purchase agreement to acquire a 100 per cent stake in Sresta Natural Bioproducts Private Limited (SNBPL), ITC said in a regulatory filing

IDFC First Bank gets ₹7,500 crore investment from Warburg Pincus, ADIA

Fundraise 4th-largest by an Indian private-sector lender

Suchi Semicon looks to churn out 3-4 million chips per day: MD Ashok Mehta

Mehta is confident that Suchi Semicon will receive the requisite approvals and incentives from the central government

PLI for mobiles must extend beyond FY26: Bhagwati Products cofounder

Bhagwati Products targets ₹12,000 cr revenue in FY26

TCS partners with AI firm Vianai Systems, founded by Vishal Sikka

TCS will customise the hila platform to meet the specific needs of financial institutions and other key sectors

Skoda Auto India gears up for electric vehicle play with local push

Kylaq success fuels confidence as carmaker eyes exports, higher India mkt share

Adani Ports to acquire Australian terminal in $2.4 bn non-cash deal

APPH owns the entities which own and operate the North Queensland Export Terminal, a dedicated export terminal with a current nameplate capacity of 50 million tonnes per annum

Motilal Oswal Mutual Fund buys additional shares of Coforge worth Rs 231 cr

According to the bulk deal data available on the NSE, Motilal Oswal MF purchased 3.5 lakh shares or 0.52 per cent stake in Greater Noida-based Coforge

Flipkart ends WFH policy, asks staff to be in office 5 days a week

Company adopted remote work at the onset of Covid-19 in 2020, ends practice as it preps for IPO

HUL agrees to take down Lakme Sunscreen ad after Mamaearth's objection

The court ordered the removal of Hindustan Unilever's 'disparaging' Lakme ad after Honasa and HUL filed defamation cases against each other

Tata Elxsi Q4 results: Profit falls 13% to ₹1.72 bn amid tariff woes

Earlier this week, US President Donald Trump said he was considering a modification to the 25% tariffs on foreign auto and auto parts from Mexico, Canada, and other places

IndusInd Bank elevates Santosh Kumar as deputy CFO effective April 18

Kumar to lead bank's finance and accounts functions