business and finance

Australian curriculum debuts in India, targets 10 schools by next academic year

This K-12 curriculum, which emphasises balanced assessment with a 50 per cent school-based evaluation and 50 per cent external exam split, has been piloted in a school in Punjab to adapt it for Indian students 




business and finance

upGrad expands course offerings amid demand for AI programs, sees international growth

The company has broadened its product portfolio significantly to meet evolving learner demands, particularly in areas like artificial intelligence (AI) and study abroad programs




business and finance

Supreme Court clarifies AMU’s minority status, rejects ‘safe haven’ argument for minorities

As part of a seven-judge Constitution bench, Justice Sharma, along with a majority, overruled a 1967 verdict that denied Aligarh Muslim University’s minority institution status.




business and finance

Odisha government to roll out NEP 2020 in universities, colleges from 2024-25

The implementation of the NEP 2020 is aimed at bringing a sea change in the education system of the State




business and finance

IIT Madras partners with ISRO to establish Research Centre to study Spacecraft & launch vehicle Thermal Management

This ‘Centre of Excellence in the area of Fluid and Thermal Sciences’ will be the Nodal Centre to study Thermal problems regarding design, analysis and testing of various components




business and finance

Bridgestone invests $85 million to boost premium tire production and development in India

Investment to focus on Bridgestone’s Pune and Indore manufacturing plants, with production capacity at the Pune plant set to increase by 1.1 million tires annually by 2029




business and finance

Shoppers Stop aims to scale up beauty distribution, bring more international brands to India

Shoppers Stop expects Global SS Beauty to end this fiscal with revenues to the tune of ₹220-250 crore




business and finance

MRF’s Q2 net declines 20% on high input costs

MRF’s profit before exceptional items and taxes was ₹611 crore, compared to ₹773 crore in the September 2023 quarter




business and finance

India Cements’ Q2 loss widens on falling cement prices despite eased cost pressures

India Cements reports a sharp increase in its net loss to ₹240 crore




business and finance

LatentView Analytics Q2FY25 net profit grows 17%

The acquisition of Decision Point Analytics has concluded and integration of the GTM and delivery teams is underway




business and finance

Inteva Products to expand manufacturing facility in Pune with $3.3 million investment

Inteva Products’ expansion project to increase the plant’s production space by 70 per cent, to a total of 85,000 square feet




business and finance

Ola Electric sees 5% y-o-y loss reduction to ₹495 crore for Q2FY25

Revenue for the quarter under review increased by 38.5 per cent y-o-y to ₹1,240 crore from ₹896 crore in the year-ago period




business and finance

SIS Ltd eyes strategic acquisitions in India

Plans listing of cash logistics joint venture




business and finance

Create SECI-like entity for efficient long-term procurement of green hydrogen: TERI

The policy think tank also recommends creating an SPV for each industrial segment for development of pilot plants




business and finance

Tata Motors’ Q2 profit falls 11.18% due to weak performance

Lower sales volumes, supply constraints and underperformance of JLR, PVs resulted in the decline in profits




business and finance

Lupin aims to be part of ‘first wave of generics’ on GLP-1 products: Nilesh Gupta

GLP-1 products going off patent in some markets includes popular Type-2 diabetes and weight-loss drug Ozempic




business and finance

Ashok Leyland expands to Southeast Asia, expects domestic market recovery in H2

EV Arm Switch Mobility set for EBITDA break-even this fiscal




business and finance

Coca-Cola set to launch Vitaminwater in India

Company’s focus on premium hydration portfolio with an expected quick commerce first launch in top cities.




business and finance

PFC reports net profit of ₹7,215 Cr in Q2 FY25

The power and infrastructure sector lender’s consolidated total income rose to ₹25,755 croe in Q2FY25




business and finance

Pantomath’s Bharat Value Fund invests ₹235 cr in Haldiram Bhujiawala

The company will use the funds to expand its manufacturing and markets outside East and North-East India




business and finance

Puravankara Limited reports ₹17.06 crore loss in Q2

The weighted average cost of debt was 11.62 percent as of September 30, 2024, while the EBITDA margin stood at 28 percent




business and finance

Enphase Energy to cut workforce by 17%; to focus manufacturing in the US, India and China

500 employees and contractors to be affected by the lay-offs




business and finance

Tesla market value hits $1 trillion as Trump win fans optimism for Elon Musk’s companies

Musk’s companies are expected to get favourable treatment in the Trump regime, for the support he extended to the Trump campaign




business and finance

UnifyApps raises $20 million in Series A funding to deliver AI agents across enterprise

Iconiq Growth has invested in companies like Airbnb, Uber and Snowflake. ICONIQ Growth General Partner Matt Jacobson has joined UnifyApps’ board of directors as part of the new funding




business and finance

PFC turns down $2.4 billion debt to Shapoorji

With the latest move, the company may have to find new ways to raise money




business and finance

India’s steel exports rise 11% in October; imports moderate for the first time this fiscal

Indian steel exports rose to 0.44 million tonnes in October, while imports moderated for the first time this year to 0.98 million tonnes as India tightened import norms




business and finance

Data Patterns reports 12% decline in PAT in Q2’25

Revenue for the quarter was impacted due to deferment of delivery schedule by the customer of completed products




business and finance

HUL, fintech SRO raise concerns over Trai’s new rules for transactional messages

The Telecom Regulatory Authority of India, in a consultation paper issued in September, has suggested that users will have the option to opt out of receiving transactional messages




business and finance

Asian Paints profit declines 43.7% to ₹693.7 crore in Q2

Asian Paints had logged a net profit of ₹1,232.39 crore during the July-September period a year ago




business and finance

Singapore Airlines to invest additional ₹3,195 crore in Air India post-Vistara merger

The merger will result in Singapore Airlines having a 25.1% stake in the enlarged Air India




business and finance

Debt at Vedanta Resources cut by $4.7 billion: Anil Agarwal

Vedanta’s Agarwal says the company has delivered its highest-ever EBITDA of ₹Rs 20,639 crore in the first half of the current fiscal year




business and finance

There is a high demand for skilled Indian workforce globally: Jaishankar

External Affairs Minister S Jaishankar emphasised that a “better educated, skilled, and confident generation of Indians” would be crucial in meeting international demand




business and finance

Ashok Leyland sees a positive shift in the e-bus procurement market with reasonable bidding rates

Dheeraj Hinduja expressed confidence that these initiatives are helping establish a more stable and predictable framework for procuring electric vehicles, which will benefit the sector’s long-term growth




business and finance

Rural consumers’ FMCG basket size expanding, fast embracing digital payments & ecommerce: Report

Rural India’s media consumption is increasingly hybrid, with nearly 1 in 2 of rural consumers exposed to both online and offline media.




business and finance

Zomato launches Food Rescue initiative to prevent wastage due to cancellations

The platform said that every month, about four lakh food orders are cancelled, posing a serious challenge




business and finance

Leela Palaces Hotels’ parent Schloss Bangalore plans multi-use asset management

India has an existing stock of 858 branded residences associated with hotel brands, with a pipeline of another 2,040 units across New Delhi, Gurgaon and Mumbai, as per industry report




business and finance

WPP scales up investments in India, opens up new campus in Chennai

India is the fifth largest market for WPP and one of its fastest growing markets too. It also plans to add new campuses at Bangalore and Coimbatore in the coming years




business and finance

Bhanzu secures $16.5M Series B led by Epiq Capital; poised for US expansion

Bhanzu CEO: The U.S. math education market has significant potential, but it is dominated by large, billion-dollar companies that have not innovated their curricula or effectively embraced technology




business and finance

Industrial AI firm Avathon to focus on India for R&D growth, aims to triple workforce in two years

India will play a pivotal role in our expansion, serving as a hub for product engineering, delivery, support and R&D, says CEO Johan




business and finance

KFC, Pizza Hut operator Devyani International posts net loss of ₹4.92 crore, revenues up 49%

The company also announced that it has secured Exclusive Master Franchise rights for three new QSR brands which include TeaLive, New York Fries and Sanook Kitchen




business and finance

India’s gaming industry soars to $3.8 billion, set to reach $9.2 billion by FY29: Report

The report, developed in collaboration with Google and Deloitte, shows that India is the world’s second-largest mobile gaming market, recording 15.2 billion downloads




business and finance

ITC’s snack brand Bingo! Inks five-year partnership to promote Pickleball in India

This partnership, starts with the Bingo! World Pickleball Championship (WPC)




business and finance

LB Brewers partners with Taiwanese company to launch bottled tea beer

LB Brewers also entered the craft rice lager segment with MAKA di Rocket Rice Lager, consumed across Goa, Uttar Pradesh, US, Canada, and UAE




business and finance

ZEISS India expands its GCC, plans to double workforce by 2028

The company currently employs 2,500 people across various functions




business and finance

Domestic tractor sales hit historic high in festive October, H2 outlook remains robust

Total tractor sales in the domestic market grew by 23%per cent to 144,675 units in October 2024




business and finance

Ramco Cements raises ₹376 cr via sale of non-core assets, repays ₹326 cr debt in October

Q2 net profit declines 74 per cent % year-on-year due to drop in prices




business and finance

20% of company’s R&D headcount based in India, GoTo CEO says

IT management company GoTo has around 20 per cent of its R&D headcount in India, said company CEO Rich Veldran




business and finance

Akums Q2 PAT at ₹67 cr

The company reported a consolidated total income of Rs₹1,047 crore, down 12 per cent y-o-y in Q2FY24




business and finance

HCG records 33% consolidated PAT growth in Q2FY25

The company attributed this growth to increased volumes across modalities, which drove operational leverage




business and finance

Post US President elections, China may look at reducing steel exports: Tata Steel MD

oOur projects are moving at the right pace, says TV Narendran