Adani Power said on Thursday that the NCLT Hyderabad bench has authorized its bid to acquire Lanco Amarkantak Power Ltd (LAPL) for an upfront payment of Rs 4,101 crore. LAPL is now undertaking the Corporate Insolvency Resolution Process...
According to persons familiar with the situation, billionaire Gautam Adani intends to recruit a chief executive officer and select auditors from a premier international company for his family offices in order to increase the level of transparency...
Tech Mahindra and Google Cloud established a strategic agreement to increase the use of generative AI (GenAI) across multiple Mahindra & Mahindra (M&M) organizations, with the goal of advancing digital transformation. This agreement is a...
In an effort to provide investors a more accurate picture of the contributions of artificial intelligence, Microsoft reorganized how it discloses results for its business divisions on Wednesday. Specifically, certain search and news advertising...
Following Rajesh Nambiar's departure to become Nasscom president, IT company Cognizant announced the hiring of Rajesh Varrier as global head of operations and India Chairman and Managing Director. Nasscom said in a separate...
Zoom, a platform for video conferences, has announced a significant improvement to its webinar features, allowing up to 1 million viewers to join a session at once. Following many high-profile political fundraising events that exceeded the...
This year's second round of layoffs at Cisco has rocked the organization. Employees apparently still don't know their destiny for weeks, even after the corporation announced the job layoffs in an SEC filing last week. Several Cisco staff...
Neville Tata has taken over leadership of Star Bazaar, Trent Ltd's hypermarket business and a significant retail component of the Tata Group. Trent Ltd has highlighted its hypermarket category as a key development area, led by CEO P...
OpenAI, helmed by Sam Altman, announced on Tuesday a multi-year relationship with Conde Nast to show material from its brands such as Vogue and the New Yorker within the AI startup's products, which include the ChatGPT and SearchGPT...
According to sources cited by Bloomberg News on August 20, Apple Inc. has begun training hundreds of workers at its Tamil Nadu manufacturing to make the iPhone 16 Pro and Pro Max as close to the global launch as feasible. With its partner...
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