L&T to transfer data centre, cloud businesses to Vyoma.AI for ₹1,400 crore
Larsen & Toubro (L&T) on Tuesday said it plans to transfer it data centre and cloud-services business to Vyoma.AI, a sovereign AI cloud platform, for ₹1,400 crore, and divest all…
Matrimony.com Q1 PAT more than doubles y-o-y at ₹19 crore
Chennai-based online matrimony company Matrimony.com reported net profit of ₹19 crore for the quarter ended June 2026 (Q1FY27), more than double the net profit it clocked in the same quarter…
Construction equipment vehicle sales up 46 per cent in July; JCB remains the leader
The construction equipment (wheeled) retail sales recorded a sharp recovery in July 2026, rising 46 per cent year-on-year to 5,501 units from 3,766 units in July 2025. Industry trackers attribute…
Zepto warehouse in Bengaluru sealed over ‘extremely unhygienic’ conditions
An inspection by the Food Safety and Drug Administration Department found organic waste, discarded wrappers and bottles, accumulated dirt on the floor and empty cardboard boxes at a Zepto warehouse…
India’s top 300 family businesses worth $1.46 trillion, outperform Nifty and Sensex
India’s 300 most valuable family businesses are collectively worth $1.46 trillion (₹138 lakh crore), a figure that would rank as the world’s 18th-largest economy by GDP, surpassing countries such as…
TTK Prestige sees kitchen upgrade cycle gaining momentum
TTK Prestige is seeing a broad-based replacement and refurbishment cycle emerging in India’s kitchenware market, with consumers increasingly upgrading even functional products for better design, newer materials, and greater cooking…
Godrej Consumer bets on Africa turnaround architect Aasif Malbari as new MD & CEO
Godrej Consumer Products Ltd (GCPL) is handing over its next phase of growth to Aasif Malbari, a finance veteran turned business operator whose career spans the turnaround of GCPL’s Africa…
Vijay Singh exits Sir Ratan Tata Trust
Vijay Singh, Vice-Chairman of Tata Trusts, has stepped down from his position at the Sir Ratan Tata Trust (SRTT), a philanthropic organisation managed by a board of trustees, three days before the end of…
Talent crunch intensifies as festive hiring of gig expected to go up 20% this year
India’s festive season is expected to drive a 15–20 per cent year-on-year increase in demand for temporary and gig workers, as e-commerce, quick commerce, food delivery, logistics and retail companies…
India’s crude oil imports from the US likely to hit record low in August
India’s crude oil imports from the US during August are expected to hit their lowest levels since December 2024 as refinery economics pushes for more medium-to-high sour crude, while choking…
