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…
Mizoram Chief Minister Lalduhoma has urged the Centre to consider the state’s concerns over the proposed Foreign Contribution (Regulation) Amendment Bill, 2026, after meeting Union Home Minister Amit Shah in New Delhi. The meeting focused on provisions of the Bill that have raised concerns among church bodies and civil society organisations in the state.Speaking to…
HFCL has approved a capital expenditure of approximately Rs 400 crore to further expand its optical fibre (OF) and optical fibre cable (OFC) manufacturing capacities, strengthening its position to meet rising global demand. The expansion will be funded through a mix of internal accruals and debt and is expected to be completed by July 2028….
The Food Safety and Standards Authority of India (FSSAI) has prohibited Dabur India Ltd from selling several food products carrying misleading ‘100 per cent’ claims, stating that such labelling practices violate food safety regulations. The regulator issued the order against products including honey, cow ghee, edible oils, apple cider vinegar, virgin coconut oil, sesame oil,…
Metals and mining major Vedanta Group expects strong financial growth in the financial year 2026–27, targeting group earnings before interest, tax, depreciation and amortisation (EBITDA) of around $10 billion. The company also plans to reduce its overall debt by more than ₹20,000 crore during the year, according to Chief Financial Officer (CFO) Ajay Goel. Speaking…
Larsen & Toubro (L&T) has signed a six-year Engineering, Procurement and Construction (EPC) framework agreement with Petroleum Development Oman (PDO), Oman’s leading oil and gas producer. The agreement is aimed at supporting upcoming energy projects in the country and strengthening cooperation between the two organisations. Under the agreement, L&T Energy Hydrocarbon Onshore has been selected…
Piramal Pharma expects to maintain mid-teen revenue growth in FY27 and achieve a significant improvement in profitability, supported by strong demand across its businesses and improved operational efficiency. Chairperson Nandini Piramal said the company will continue to focus on organic expansion rather than acquisitions as it builds long-term growth. The company reported a strong performance…
