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In his address at the RIL annual general meeting (AGM), Meta Chairman and CEO Mark Zuckerberg said the initiative would democratize access to AI, empowering people and businesses alike.

Meta, RIL to form AI joint venture: Ambani, Zuckerberg join hands to build open-source AI models for Indian businessesSubscriber Only

August 31, 2025 08:52 IST

We are seeing glimpses of our AI systems starting to improve themselves. And it seems clear that superintelligence is going to greatly improve all of our existing systems and let us build things that we can't even imagine today,” Zuckerburg said.

Ambani said that Jio has now surpassed the 500 million subscriber mark.

RIL’s Jio Infocomm to go for mega IPO in first half of 2026: Mukesh AmbaniSubscriber Only

August 29, 2025 16:09 IST

Reliance AGM 2025 Highlights: Addressing the 48th Annual General Meeting of Reliance Industries Limited (RIL), its Chairman and Managing Director Mukesh Ambani on Friday said that Jio now has over 500 million customers.

Intel stock rose roughly 1% in the extended session on Friday after closing up 5.5% during regular trading

US to take 10% equity stake in Intel, in Trump’s latest corporate move

August 23, 2025 07:23 IST

Under the agreement, the US will purchase a 9.9% stake in Intel for $8.9 billion, or $20.47 per share, which represents a discount of about $4 from Intel's closing share price of $24.80 on Friday.

The acquisition is subject to regulatory approvals and is expected to close by December 31, 2025.

Wipro buys Digital Transformation Solutions unit of HARMAN for $375 mnSubscriber Only

August 21, 2025 20:10 IST

As part of the agreement, over 5,600 DTS employees in 14 countries, including key leadership, across the Americas, Europe and Asia will transition to Wipro upon closing of the transaction.

Noel Tata

Tata Sons shareholders approve Noel Tata’s appointment as director at annual general meetingSubscriber Only

August 15, 2025 03:15 IST

The Tata Group is on track to list Tata Capital Ltd by September. The proposed IPO is expected to raise around Rs 17,000 crore.

The IKEA store in Delhi is at Pacific Mall in Tagore Garden

2,000 products, 15,000 sq ft to shop, plus Swedish cafe and snacks — all this and more at IKEA’s first store in Delhi’s Tagore GardenSubscriber Only

August 13, 2025 13:33 IST

The new city store in West Delhi is part of IKEA India’s “One Click, 30 Minutes Away” model, aimed at making the retailer more accessible in high-footfall urban locations where large stores are not feasible.

Mumbai: State Bank of India (SBI) Chairman Challa Sreenivasulu Setty during a press conference to announce the Q1 FY26 results, in Mumbai, Friday, Aug. 8, 2025. (PTI Photo/Shashank Parade) (PTI08_08_2025_000200B)

SBI Q1 profit jumps 12.48% to Rs 19,160 croreSubscriber Only

August 8, 2025 23:01 IST

Amid tariff-related uncertainties and geopolitical tensions, bank maintains a loan growth target of 12% for FY26

Gautam Adani has been redesignated from executive chairman to non-executive chairman

Gautam Adani redesignated as non-executive chairman of Adani Ports and Special Economic Zone

August 6, 2025 07:24 IST

APSEZ is part of the globally diversified Adani Group, with a national footprint of 15 ports and a presence in four ports outside India.

TATA CAPITAL

Tata Sons-backed Tata Capital Ltd files for IPOSubscriber Only

August 5, 2025 00:28 IST

The company will be issuing up to 21 crore new shares and the existing shareholders are looking to offload up to 26.58 crore shares

OIC was required to deposit a statutory bank guarantee of AED 100 million, but the Central Bank of the UAE (CBUAE) denied its request for additional time to obtain board and regulatory approvals.

UAE Central Bank suspends motor insurance business of Oriental Insurance in Dubai: Here’s whySubscriber Only

August 2, 2025 21:24 IST

Dubai operations of OIC in ‘run off’ mode, can’t take new business.

TCS

Delay in onboarding lateral hires due to market conditions, will honour offers, TCS tells Chief Labour CommissionerSubscriber Only

August 2, 2025 00:32 IST

TCS’ decision is expected to create uncertainty in the Indian IT industry, with industry experts anticipating that other major firms may follow suit

The US is a key market for Indian Ready-Made Garments (RMG) exports, with India holding a 33 per cent share in the country’s total garment exports in 2024, AEPC said.

Indian apparel exporters warn of ‘mass layoffs’ over US tariffsSubscriber Only

August 1, 2025 16:44 IST

This comes as new tariffs are set to come into effect on August 7, and as US tariffs on India have been set higher than on over 50 countries, including Bangladesh and Pakistan.

Tata Motors expects the deal to be earnings accretive from the second year onwards, driven by cost synergies and the relatively low acquisition multiple.

Iveco deal: Here’s how Tata Motors plans to fund the acquisitionSubscriber Only

July 31, 2025 19:39 IST

Once completed, the acquisition will give Tata Motors access not only to new products, platforms, and manufacturing facilities but also to a well-established sales and after-sales network

Tata Motors, European commercial vehicle maker Iveco Group N.V. Indian express business, business news, current affairs

Tata Motors to drive home Iveco takeover in Rs 38,000 crore landmark global dealSubscriber Only

July 31, 2025 00:12 IST

This is the biggest acquisition by Tata Motors after it acquired Jaguar Land Rover (JLR) from Ford in 2008 for $2.3 billion in an all-cash transaction.

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Schneider to buy 35 pc in Indian arm for euro 5.5 bnSubscriber Only

July 31, 2025 00:04 IST

The all-cash deal is valued at euro 5.5 billion (around Rs 55,000 crore) and is subject to customary closing conditions, including regulatory approvals such as from the Competition Commission of India. The transaction is expected to be completed in the coming quarters.

CEO Shailesh Jejurikar

India-born Shailesh Jejurikar to be next CEO of American FMCG major Procter & Gamble

July 29, 2025 11:52 IST

Jejurikar, who joined P&G as an assistant brand manager in 1989, will replace Jon Moeller as part of a top leadership transition.

TCS’ workforce stood at 6,13,069 as on June 30, 2025.

TCS swings the axe: 12,200 jobs to be cut in brutal industry shake-upSubscriber Only

July 28, 2025 01:24 IST

According to TCS, this transition is being planned with due care to ensure there is no impact on service delivery to our clients.

In August 2024, the Securities and Exchange Board of India (SEBI) too imposed a five‑year ban on Anil Ambani and 24 other entities from participating in the securities market.

ED raids: Anil Ambani’s fall and the flicker of a comebackSubscriber Only

July 25, 2025 09:14 IST

In June this year, the State Bank of India (SBI) officially labelled Reliance Communications’ loan account as “fraudulent,” alleging fund diversion that traces back to 2016.

Anil Ambani is not on the Board of Reliance Power and Reliance Infrastructure, the companies said. (PTI File Photo)

ED searches on Anil Ambani-linked properties: Reliance Power, Reliance Infrastructure say actions will have no impactSubscriber Only

July 24, 2025 15:40 IST

The enforcement agency has started its investigation on the basis of two FIRs registered by the Central Bureau of Investigation (CBI) and other agencies and institutions.

Tata Sons, Chairman N Chandrasekaran

Tata Sons annual report: Profit falls 24.30%, revenue down 11.52% but company declares higher dividend to shareholders, salary to chairmanSubscriber Only

July 24, 2025 14:35 IST

The company drives its income mostly from dividend earned from various group companies with TCS contributing the maximum to Tata Sons’ kitty.

Vedanta acquired HZL from the government in 2002.

Hindustan Zinc pays out as dividend more than it earns, alleges US research firm ViceroySubscriber Only

July 23, 2025 21:31 IST

Viceroy report is a combination of selective misinformation and baseless allegations: HZL

The case has been registered against the Bengaluru-headquartered Myntra, its linked companies and its directors. 

ED slaps Rs 1,654-crore Fema notice on Myntra for alleged FDI rule violations

July 24, 2025 00:00 IST

The Enforcement Directorate alleges that Myntra and its related companies are engaged in multi-brand retail trade (MBRT) under the guise of a "Wholesale Cash and Carry" scheme, allegedly in violation of the extant FDI policy.

SBI said the QIP received robust demand and was oversubscribed 4.5 times, reflecting strong investor confidence in its strategy and the outlook for the country’s banking sector.

SBI QIP update: How much money did India’s largest lender raise and where will be the funds be usedSubscriber Only

July 22, 2025 19:15 IST

The bank on Monday (July 21) said the shares in the QIP were priced at a premium to floor price of Rs 811.05 per share.

Air India

Tata Sons sets up RS 500 crore AI-171 Memorial Trust for Air India crash victimsSubscriber Only

July 18, 2025 22:11 IST

The Trust will provide both immediate and continuing support to the dependents/next-of-kin of the deceased, to those who were injured, and to all others who are directly or collaterally affected by the accident.

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MTNL defaults on loans worth Rs 8,585 crore from 7 public sector banksSubscriber Only

July 16, 2025 00:02 IST

MTNL’s total financial liabilities, including both short-term and long-term borrowings, currently stand at Rs 34,484 crore, the company said.

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