Sonata Software Appoints Rajsekhar Datta Roy as CEO
Sonata Software has appointed Rajsekhar Datta Roy as its new CEO. He brings over 30 years of experience in scaling technology practices and leading global delivery for large enterprise clients.
Category : Corporate News
Sydney petrol station owner furious after $3,000 fuel theft
A service station owner in Sydney is offering a $1,000 reward after a truck driver allegedly stole nearly $3,000 worth of fuel by filling multiple tanks and driving off without paying.
Infosys Vizag Campus Land Allotted at 99 Paise Per Acre
Infosys will establish a new campus in Visakhapatnam, with the Andhra Pradesh government allotting land at a nominal rate of 99 paise per acre to boost IT infrastructure and employment.
India Ramps Up Fertiliser Imports Despite Rising Costs
India assures no fertiliser shortage for the kharif season, increasing imports despite higher global prices and subsidy burdens.
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India Post, DTDC Partner to Boost Logistics and E-Commerce Delivery
India's Department of Posts and DTDC have signed an MoU to enhance logistics and e-commerce delivery networks, leveraging post offices and DTDC's express services for faster, wider reach.
Pushkalam Developers Launches Residential Community Project
Pushkalam Developers enters residential market with a community designed around everyday living, offering modern amenities and green spaces.
PropertyPistol Syndicate Synergy Summit Unites 700 Brokers
PropertyPistol is set to host the Syndicate Synergy Summit in Mumbai, bringing together 700 brokers and leading developers to foster collaboration and growth in the real estate sector.
Amazon Expands Quick Delivery to 100 Indian Cities
Amazon India expands its quick delivery service to 100 cities, promising faster shipping on millions of products, boosting e-commerce competition.
CIABC: Karnataka Excise Policy Should Not Favor Any Category
The Confederation of Indian Alcoholic Beverage Companies (CIABC) has urged Karnataka to ensure proposed excise policy changes do not favor any particular beverage category, while welcoming the Alcohol-in-Beverage mechanism.
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NTT Global Data Centers Hosts Mumbai Client Events
NTT Global Data Centers organized exclusive events in Mumbai to strengthen strategic client relationships, showcasing its data center solutions and innovation.
Musk-Altman Trial to Expose OpenAI Power Struggle
The upcoming trial between Elon Musk and Sam Altman is set to reveal the intense power struggle for control over OpenAI, impacting the future of AI development.
Paisabazaar Opens Phygital Store in Chennai's T Nagar
Paisabazaar, India's largest digital lending marketplace, doubles down on its phygital strategy by expanding into South India with a new store in Chennai's T Nagar, aiming to boost customer trust and reach.
Loan Recovery Delays Legal Hurdles Slowing Banking CII Report
A CII report highlights that loan recovery delays and legal hurdles are significantly slowing the Indian banking system, affecting financial stability.
Crude Oil Futures Gain on Strong Spot Demand
Crude oil futures rose on Tuesday due to increased spot demand and a firm global trend. Analysts expect further gains amid supply concerns.
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US Sanctions on China's Hengli Petrochemical: Beyond Oil
The US sanctions on Hengli Petrochemical, a major Chinese refiner, over Iran links could disrupt global supply chains and impact Asia's petrochemical industry.
Former TSMC Engineer Sentenced to 10 Years for Tech Leak
A former TSMC engineer was sentenced to 10 years in prison for leaking proprietary chip technology to a competitor, marking a major victory for the semiconductor giant.
Infosys Falls Out of Top 10 Most Valued Companies
Infosys has lost over Rs 2 lakh crore in market value this year, falling out of India's top 10 most valued firms despite strong Q4 results, as weak FY27 outlook and AI pressures weigh.
ACKO eyes up to $2.5 billion valuation in IPO
Indian insurer ACKO, backed by General Atlantic, is planning an IPO targeting a valuation of up to $2.5 billion, according to sources. The company aims to capitalize on growing demand for digital insurance.
US Sanctions Chinese Refinery, 40 Shipping Firms
The US Treasury imposed sanctions on a Chinese 'teapot' refinery and 40 shipping firms to curb Iranian oil revenue, escalating pressure on Iran's energy exports.
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PAC Flags Safety Lapses in NH-95 Elevated Road Project
The Public Accounts Committee has highlighted safety lapses and alleged irregularities in the NH-95 elevated road project, calling for a thorough investigation.
Small-Cap Stock Plunges Despite Revenue Jump
A small-cap stock saw a sharp decline after posting a massive revenue increase, surprising investors. The company's performance raises questions about market reactions.
Mumbai Metro Line 6 achieves major engineering feat over tracks
MMRDA successfully launched a 42-metre steel span over Western Railway tracks at Ram Mandir-Jogeshwari, completing a critical pier in a high-risk zone. The milestone marks 88% civil work completion.
Indian Hotels Go PFOA-Free with Nanotech Upholstery
Leading Indian hotels are switching to PFOA-free nanotechnology for upholstery protection, enhancing durability and sustainability while ensuring guest comfort and safety.
Sun Pharma to Acquire Organon for $11.75 Billion
Sun Pharmaceutical Industries has signed a definitive agreement to acquire Organon, a global healthcare company spun off from Merck in 2021, for $11.75 billion.
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India-NZ FTA to Be Signed on Monday: NZ PM Luxon
New Zealand PM Christopher Luxon announced that a historic free trade agreement with India will be signed on Monday, calling it a once-in-a-generation opportunity to boost bilateral trade and economic ties.
Pharmaceutical Drug Racket Busted in NCR, Three Held
Delhi Police busted a pharmaceutical drug racket in the NCR, arresting three individuals and seizing large quantities of banned drugs and raw materials.
ED Raids in Case Against Ex-Punjab Police DIG Bhullar
The Enforcement Directorate conducted raids at multiple locations in Punjab and Chandigarh in a money laundering case linked to former Punjab Police DIG Bhullar and his associates.
Sun Pharma Acquires Organon for USD 1.75 Billion
Sun Pharma shares rise after announcing acquisition of US-based Organon for USD 1.75 billion, expanding its global presence and product portfolio.
Sun Pharma to Buy US Firm Organon for $11.75 Billion
Sun Pharmaceutical Industries Ltd has signed a definitive agreement to acquire US-based Organon & Co in an all-cash transaction valued at $11.75 billion, marking one of the largest outbound deals by an Indian drugmaker.
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Air India Flight Emergency Landing in Bhopal
Air India flight AI-633 from Mumbai to Bhopal made a safe emergency landing after a technical issue mid-flight. Passengers reported delays and stress, but no injuries occurred.
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