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New Delhi, Oct 30 (SocialNews.XYZ) Reliance Industries Limited (RIL) on Thursday announced an expansive strategic partnership between Google and its artificial intelligence (AI) focused subsidiary, Reliance Intelligence Limited, to accelerate AI adoption across India. Under the collaboration, Google, in partnership with Reliance Intelligence, will begin rolling out Google's AI Pro plan with the latest version of Google Gemini to eligible Jio users free of charge for 18 months. This offer inclu ...Read More >
Mumbai (India), October 30, 2025: Mumbai (India), October 30, 2025: Reliance Industries Limited (RIL), through its subsidiary Reliance Intelligence Limited, has entered into a broad strategic partnership with Google to fast-track the adoption of Artificial Intelligence (AI) across India. The collaboration aims to empower consumers, enterprises, and developers by aligning with Reliance's AI for All mission -- a vision to make advanced intelligence tools accessible to every Indian. This alliance ...Read More >
Hyderabad, Oct 30 (PTI) MEIL Energy Private Limited, a wholly owned subsidiary of Megha Engineering and Infrastructures Ltd on Thursday announced the acquisition of 100 per cent stake in TAQA Neyveli Power Company Private Ltd from Abu Dhabi National Energy Company PJSC. TAQA Neyveli owns and operates a 250 MW lignite-fired power plant located in Neyveli, Tamil Nadu. MEIL aims to prioritise seamless integration of TAQA Neyveli into its operating generation portfolio, with an emphasis on operati ...Read More >
New Delhi, Oct 29 (PTI) CG Power and Industrial Solutions on Wednesday posted a nearly 30 per cent year-on-year rise in consolidated net profit to Rs 284 crore in the September quarter, driven by revenues from the core power systems business. The company had clocked a net profit of Rs 220 crore in the July-September period of the preceding 2024-25 financial year, the Mumbai-based engineering conglomerate said in an exchange filing. The company's total income rose to Rs 2,988.89 crore from Rs 2 ...Read More >
CHENNAI: Veranda Learning Solutions' revenue grew 20% in the second quarter of the current fiscal to Rs 126 crore from Rs 106 crore in the same period last year, driven by new programs and B2B business. The company's net profit stood at Rs 23 crore, up 185% year-on-year, boosted by a one-time gain of Rs 133 crore from the spin-off of its vocational education business.EBITDA increased 63% to Rs 48 crore. Veranda's commerce segment operating revenue rose 68% to Rs 86 crore, while revenue from the ...Read More >
Mid-cap IT services player Hexaware Technologies has denied allegations in a lawsuit filed in the United States by Natsoft Corporation and its affiliate, Updraft LLC. The company said the allegations are without merit and that it expects to be vindicated on all counts. In a statement, Hexaware said it will vigorously defend its position through proper legal channels and is considering all options available at this time, including a possible challenge to the validity of the asserted patents and ...Read More >
MUMBAI, India, ISELIN, N.J. and LONDON, Oct. 28, 2025 /PRNewswire/ -- Hexaware Technologies Limited (NSE: HEXT), a global provider of IT solutions and services, today issued a statement regarding a patent lawsuit filed in the United States by Natsoft Corporation and its affiliate, Updraft LLC, against Hexaware Technologies Limited and its subsidiary, Hexaware Technologies Inc (the "Company"). The Company denies all allegations in the lawsuit and believes these claims are without merit and that i ...Read More >
In a major twist to the ongoing crackdown on misleading or fake oral-rehydration solution (ORS) drinks, the Delhi High Court has granted an interim stay against key orders issued by FSSAI, effectively pausing the ban on use of ORS branding for certain beverage products. The stay comes following a petition by JNTL Consumer Health (a subsidiary of Johnson & Johnson), allowing it to continue marketing its ORS-branded product and addressing stock in the market. After the FSSAI's October 14 advisory ...Read More >
The latest investment brings the company's cumulative spending at the site to ₹554 crore since its establishment in 2014. Automotive technologies major Harman, a subsidiary of Samsung Electronics, on Monday announced an investment of ₹345 crore to expand its automotive electronics manufacturing facility in Chakan, Pune. The latest investment brings the company's cumulative spending at the site to ₹554 crore since its establishment in 2014. The expansion includes an immediate outlay of ₹ ...Read More >
Apple is ramping up AirPods production in Hyderabad as Foxconn expands its facility, doubles capacity, and adds over 3,000 new jobs, reinforcing India's growing role in Apple's global supply chain. Apple is doubling down on its "Make in India" plans -- this time with its popular AirPods. The tech giant's manufacturing partner, Foxconn Interconnect Technology (FIT), is expanding production at its facility near Hyderabad, marking another big step in Apple's India strategy. The Hyderabad plant, l ...Read More >
NEW DELHI: India's largest oil refiner and fuel retailer, IndianOil, on Monday said it will comply with international sanctions, without referring to the latest US curbs on Rosneft and Lukoil -- two of the largest Russian crude exporters."We will abide by all sanctions imposed by the international community," company chairman Arvinder Singh Sahney said but declined to specify whether IndianOil will stop buying discounted Russian crude.IndianOil is the second Indian refining entity after private ...Read More >
New Delhi, Oct 27 (IANS) Technology consulting firm LTIMindtree on Monday announced a multi-year agreement valued at over $100 million with a leading US-based global manufacturer of chemicals and polymers. LTIMindtree will provide comprehensive IT services, covering core business applications, infrastructure operations, end-user support, software asset governance, and project execution, under the agreement, the statement said. The engagement focuses on driving intelligent efficiencies leveragi ...Read More >
Heritage Foods Ltd has acquired a 51% stake in health-focused ice cream brand Get-A-Way for Rs 9 crore. This strategic move aims to expand Heritage Foods' portfolio beyond traditional dairy into functional food categories. The acquisition, expected to be completed within 45 days, will make Get-A-Way a subsidiary. Dairy company Heritage Foods Ltd said on Monday it has acquired a 51 per cent stake in Peanutbutter and Jelly Pvt Ltd, which owns health-focused ice cream brand Get-A-Way, for Rs 9 cro ...Read More >
New Delhi: The government has green-lit seven projects worth ₹5,532 crore through the Electronics Components Manufacturing Scheme (ECMS), which will intend to fasten the country's dependence on imports for electronic components and support the creation of 5,195 direct jobs, Union Electronics and IT Minister Ashwini Vaishnaw said on Monday. "These projects will significantly reduce India's import dependence for core components like multi-layer PCBs, camera modules, copper laminates, and polyprop ...Read More >
Mumbai: Mutual funds, insurers, and banks have been stepping up investments in long-term corporate bonds issued by the Adani Group, which has raised around ₹13,750 crore over the past year across five of its companies, market data showed. The group's bond sales make up more than a tenth of all corporate bonds issued in India over the past one year. In the 12 months to October 2025, the group has tapped the domestic bond market 10 times, with five issuances carrying maturities of 10 years or mor ...Read More >
New Delhi, Oct 26 (SocialNews.XYZ) India is increasingly becoming a key growth market for global consumer goods companies, driven by the rapid rise of e-commerce and quick-commerce platforms. The country's expanding digital retail ecosystem is enabling faster market penetration and boosting online sales, making India one of the standout performers for international consumer brands. Global consumer goods majors Unilever and L'Oreal reported a sharp rise in online sales during the September quar ...Read More >
New Delhi: India is increasingly becoming a key growth market for global consumer goods companies, driven by the rapid rise of e-commerce and quick-commerce platforms. The country's expanding digital retail ecosystem is enabling faster market penetration and boosting online sales, making India one of the standout performers for international consumer brands. Global consumer goods majors Unilever and L'Oreal reported a sharp rise in online sales during the September quarter, driven by the rapid ...Read More >
New Delhi, Oct 26 (PTI) Billionaire Mukesh Ambani's Reliance Industries Ltd may spend about USD 12-15 billion over the next few years on AI infrastructure that could include a giant 1GW data centre, Morgan Stanley said in a report. Ambani had at the company's annual shareholder meeting in August announced a major push into AI through a new subsidiary and strategic partnerships. A new wholly-owned subsidiary, Reliance Intelligence will spearhead the conglomerate's AI initiatives that will be ce ...Read More >
Kolkata, Oct 25 (UNI) The government's recent Free Trade Agreement (FTA) with several European nations, Japan and the UAE would boost exports of leather goods and help sustain the sector on a firm footing, notwithstanding the US tariff war on India, an industry body has said. Mumbai, Oct 25 (UNI) Reliance Industries Limited (RIL) officially announced through a regulatory filing to the stock exchange that it has incorporated a step-down subsidiary called Reliance Enterprise Intelligence Limited ...Read More >
Mumbai (Maharashtra) [India], October 25 (ANI): Reliance Industries Limited (RIL) has announced that its subsidiary, Reliance Intelligence Limited, will form a joint venture company with Facebook Overseas, Inc., a wholly owned arm of Meta Platforms, Inc. The new entity, named Reliance Enterprise Intelligence Limited (REIL), will focus on "developing, marketing and distributing enterprise AI services", according to a company statement released on Saturday. ...Read More >
Colab Platforms' stock surged 2,520% in a year, turning a Rs 1 lakh investment into Rs 26 lakh. The stock hit the upper circuit for 88 consecutive sessions, reaching Rs 164.80. Recent plans to expand into the AI sector have boosted investor confidence. Despite ongoing market volatility, certain stocks are still delivering impressive gains. One standout performer has repeatedly hit the upper circuit for 88 consecutive trading sessions, closing at Rs 164.80 during Muhurat trading on October 21, C ...Read More >
Broadband gear maker GX Group on Friday said it will set up a photonic module and chip arm in India with an initial investment of Rs 500 crore. The subsidiary, GX Quantum Photonics Pvt Ltd, will be headquartered in Manesar, Gurgaon, and is expected to create over 300 direct jobs, GX Group CEO Paritosh Prajapati said. The group currently has about 250 employees in India. The Phase 1 investment of Rs 500 crore will be deployed towards establishing a manufacturing facility in Bhiwadi, Rajasthan, ...Read More >
Premier Energies and Syrma SGS Technologies will be in focus on October 24 after announcing a joint acquisition of Pune-based solar inverter maker KSolare Energy for Rs 170 crore. Premier Energies will take a 51% stake and Syrma SGS 49%, with KSolare becoming a subsidiary of Premier Energies. The deal is expected to close within 90 days, subject to approvals. Shares of Premier Energies Limited and Syrma SGS Technologies Limited are expected to be in focus on Friday, October 24, after the two co ...Read More >
Midwest share price: Midwest, India's largest Black Galaxy Granite producer, debuted on stock exchanges at a 9.4% premium, reflecting strong investor demand for its Rs 451 crore IPO. The company's integrated model, global reach, and robust financial performance, including significant revenue and profit growth, position it as a strong player in the natural stone sector. Shares of Midwest listed at a 9.4% premium at Rs 1,165 on both NSE and BSE on Friday. The Rs 451 crore IPO generated strong inv ...Read More >
Brookfield-backed Avaada Electro has filed a DRHP with SEBI for a Rs 9,000-10,000 crore IPO. The solar manufacturing firm plans to expand high-efficiency TOPCon module and cell capacity across Uttar Pradesh and Maharashtra, positioning India as a global leader in domestic solar manufacturing. Avaada Electro Private Ltd, the solar manufacturing subsidiary of the Brookfield-backed Avaada Group, has confidentially filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board o ...Read More >
New Delhi, Oct 20: Tesla and SpaceX CEO Elon Musk on Monday extended Diwali greetings to Indians and millions of people celebrating the festival of lights across the world. Musk reposted a Diwali greeting on the social media platform X, saying "Happy Diwali", while tagging a post from his company's subsidiary Tesla India, saying, "Wishing you an electrifying and safe Diwali." Musk's $500 Billion Net Worth Milestone Musk on October 2 became the world's first person ever to reach a net worth of ...Read More >
Founded in 1908, the 117-year-old institution once rivalled the Bombay Stock Exchange in trading volumes and stood as a symbol of Kolkata's financial heritage. The Calcutta Stock Exchange (CSE), one of India's oldest bourses, may this year celebrate its last Kali Puja and Diwali on October 20 as a functioning exchange, with the process of voluntary exit as a bourse nearing completion after a decade-long legal battle. Trading at CSE was suspended by SEBI in April 2013 following regulatory non-c ...Read More >
Mumbai, Oct 19 (PTI) RBL Bank expects Emirates NBD Bank's USD 3 billion fund infusion, the largest FDI in the financial services sector, to close by June next year, once the regulatory and government approvals are secured, a top official said on Sunday. RBL Bank will merge with NBD's wholly-owned subsidiary operating in India and become a "listed foreign bank subsidiary" post-deal, the management said. "Our aspiration is to grow multi-fold, and the capital will help. We are now a mid-sized sma ...Read More >
Kolkata: The Calcutta Stock Exchange (CSE), one of India's oldest bourses, may this year celebrate its last Kali Puja and Diwali on October 20 as a functioning exchange, with the process of voluntary exit as a bourse nearing completion after a decade-long legal battle. Trading at CSE was suspended by SEBI in April 2013 following regulatory non-compliance. After years of efforts to revive operations and contest SEBI directives in courts, the exchange has now decided to back out of the business a ...Read More >
Mumbai, Oct 19 (SocialNews.XYZ) The Calcutta Stock Exchange (CSE), one of India's oldest stock exchanges, may be celebrating its final Kali Puja and Diwali this year on October 20 as a functioning bourse. After a long legal and regulatory battle, the exchange is close to completing its voluntary exit from the stock exchange business. CSE, founded in 1908, once competed with the Bombay Stock Exchange and was a major part of Kolkata's financial landscape. But the exchange faced a serious setbac ...Read More >
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