India is driving Nestlé’s growth across emerging markets in Asia, Latin America and Africa and has emerged as the company’s highest-performing market in the first half of 2026, according to Nestlé CEO Philipp Navratil. Speaking at a media roundtable, Navratil said India is among the company’s top 10 markets globally and offers significant scope for…
TVS Supply Chain Solutions (TVS SCS) and Japan-based Sankyu Inc have signed a memorandum of understanding (MoU) to explore collaboration across supply chain and engineering services. Under the initial agreement, Sankyu intends to acquire a 0.5 per cent stake in TVS SCS, subject to customary regulatory approvals. The partnership will focus on creating integrated solutions…
The Reserve Bank of India’s (RBI’s) special USD-INR forex swap facility has attracted a substantial $72.85 billion in total inflows as of August 21, 2026, according to recent data released by the central bank. Launched on June 8, 2026, the facility was structured to channel foreign currency into the domestic economy via three distinct channels:…
E-commerce marketplace Meesho expects to create more than one million seasonal job opportunities across its seller and logistics ecosystem during the upcoming festive season. The company estimates that around 650,000 jobs will be generated through its seller network, while another 375,000 roles will emerge across logistics operations. Nearly 130,000 sellers are expected to recruit temporary…
L&T Technology Services (LTTS), a subsidiary of Larsen & Toubro, has secured a contract worth more than $75 million from an international technology company. The five-year engagement will see LTTS deploy its Engineering Intelligence capabilities across the client’s end-to-end product development and engineering lifecycle. The scope includes product engineering, software development, testing and validation, sustenance…
Tata Consultancy Services (TCS), India’s largest IT services company, has launched its agentic AI platform, TCS ADD™ AgentHub, aimed at scaling the use of artificial intelligence in drug development. According to the company, the platform is designed to transform clinical trials and pharmacovigilance services while maintaining regulatory and audit requirements. TCS said pharmaceutical companies face…
Larsen & Toubro (L&T) is set to establish what is described as India’s largest Nvidia B300 AI factory at Vyoma’s data centre campus in Chennai for AI company Together AI. The facility will house 10,000 Nvidia B300 GPUs and is designed to support Together AI’s AI-native cloud platform for large-scale artificial intelligence training, fine-tuning and…
Central Bank of India Mobilises $250 Million Under FCNR(B) Window State-owned Central Bank of India has mobilised $250 million under the Foreign Currency Non-Resident (Bank) or FCNR-B window introduced by the Reserve Bank of India (RBI), significantly exceeding its internal July target of $100 million. Central Bank of India Managing Director and CEO Kalyan Kumar…
Billionaire businessman Gautam Adani’s nearly two-year legal battle in the United States has reached a major turning point, with a US court dismissing the criminal case against him and two other individuals. US District Judge Nicholas Garaufis on August 10 dismissed the criminal indictment against Gautam Adani, his nephew Sagar Adani and Adani Green Energy…
Lenskart Solutions has crossed the ₹1 trillion market-capitalisation mark after its shares touched a new high, highlighting strong investor interest in the eyewear retailer. At 12:39 pm on Monday, the company’s market capitalisation stood at around ₹1.01 trillion, according to exchange data. The stock has gained about 19% over the past three months, significantly outperforming…
