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Amazon expands operations network across India ahead of festive season

6+ hour, 1+ min ago   (195+ words) Ecommerce major Amazon on Monday announced an expansion of its operations network across India ahead of the upcoming festive season, launching 20 fulfilment centres, 6 sort centres, and 150 last-mile delivery stations. The expansion is part of the company's announced investment of over…...

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Softbank Group gets upsized $11.9 billion loan in OpenAI funding push

11+ hour, 9+ min ago   (245+ words) The Japanese conglomerate sealed the two-year facility last week, attracting commitments from around 20 banks By Janice Huang SoftBank Group Corp secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI, people familiar with the matter said,…...

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PwC US, PwC India form JV to combine advisory talent, capabilities

14+ hour, 26+ min ago   (277+ words) business-standard.com PwC US and PwC India have announced a joint venture that will bring together their advisory capabilities in India and the US on a single platform to serve clients across markets The joint venture will combine PwC Indiaâ…...

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PwC US, PwC India form JV to combine advisory talent, capabilities | Industry News

19+ hour, 52+ min ago   (286+ words) The venture will combine PwC India's consulting business with PwC US Advisory's India-based capabilities; transaction expected to close in H1 2027 PwC US and PwC India have announced a joint venture that will bring together their advisory capabilities in India and the…...

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Tata Sons to take up top leadership, IPO issues on Sep 17 after RBI missive

20+ hour, 7+ min ago   (122+ words) Board members could back a third term for Tata Sons Chairman N Chandrasekaran. The support is believed to have been strengthened after the RBI directive Tata Sons to take up top leadership, IPO issues on Sep 17 after RBI missive Board…...

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Coal stocks at Punjab's power plants at around '114% of requirement' | Industry News

20+ hour, 34+ min ago   (174+ words) Coal ministry says Punjab power plants had stocks at 114% of normative requirement on September 11, ruling out inadequate coal supply as the cause of low generation Coal stocks at Punjab State Power Corporation's plants stood at around 114 per cent of the…...

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IBBI seeks to boost safeguards in personal guarantor resolution process | India News

20+ hour, 47+ min ago   (665+ words) Regulator IBBI has proposed changes to the norms governing the insolvency resolution process for personal guarantors to corporate debtors, including the exclusion of related parties of the guarantor from voting on the repayment plan. Besides, the watchdog plans to make…...

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SC stays Gujarat HC proceedings on PIL seeking regulation of deepfakes

1+ day, 10+ hour ago   (226+ words) Business Standard The Supreme Court has stayed proceedings before the Gujarat High Court on a public interest litigation seeking regulation of artificial intelligence (AI)-generated deepfake content, while considering the Centre’s plea to have the case transferred to the…...

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Jindal Steel enters Guinness World Records with longest steel slag road

1+ day, 7+ hour ago   (220+ words) Jindal Steel has received recognition from the Guinness World Records for constructing the world's longest road using steel slag aggregates. Steel slag is a waste by-product of the steel manufacturing process. Jindal Steel Limited, in collaboration with CSIR-Central Road Research…...

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Rosemerta eyes 30-35% FY27 growth on tech, mobility solutions push

1+ day, 7+ hour ago   (304+ words) Business Standard Rosemerta Group is targeting 30-35 per cent growth in FY27 after closing FY26 with revenue of around ₹1,200-1,250 crore, as it expands beyond its traditional auto-ancillary business into technology-led and mobility solutions The group is betting on businesses such as telematics,…...