Industry

The salary increments in India are expected to stabilise in 2025 with a rise of 9.2 per cent during the year, according to a survey conducted by professional services firm Aon. This is slightly lower than an increase of 9.3 per cent reported in 2024, amidst global uncertainty and softening growth. However, the survey report

Tata Consultancy Services (TCS) on Wednesday announced that it has collaborated with MassRobotics, an independent robotics hub dedicated to advancing robotics and connected devices. Through this collaboration, it added, TCS aims to support MassRobotics’ mission to foster robotics innovation by engaging with startups, researchers, and industry leaders exploring applications focused on sectors such as retail

Ola Electric on Wednesday announced that it is renegotiating contracts with its vehicle registration agencies with an aim to reduce cost and enhance registration process efficiencies. In a regulatory filing, Ola said that it is having discussions to revise existing agreements with Rosmerta Digital Services Private Ltd and Shimnit India Private Ltd as part of

The U.S. Securities and Exchange Commission has asked Indian authorities for help in its investigation of Adani Group founder Gautam Adani and his nephew over alleged securities fraud and a $265-million bribery scheme, a court filing showed on Tuesday. The regulator told a New York district court it was making efforts to serve its complaint

Close on the heels of an outcry over recent layoffs of more than 300 freshers in its Mysuru campus, Infosys has now postponed, by a week, internal assessments scheduled for trainees. The company has, however, asserted that the deferment is aimed at giving them additional time for preparation. IT employee union Nascent Information Technology Employees

Mining major Vedanta is understood to have secured creditor approval for its proposed restructuring plan, with over 80% of creditors by debt value reportedly giving the go-ahead. The company required approval from at least 75% of creditors to proceed with the demerger proposal. ALSO READRIL subsidiary signs pact for 10 GWh battery capacity under ACC

Reliance Infrastructure (RInfra) on Tuesday announced its entry into the renewable energy equipment manufacturing sector with plans to establish integrated solar and battery manufacturing units. As part of its integrated solar manufacturing initiative, RInfra will set up a facility to scale up the production of solar panels and components. Simultaneously, its battery manufacturing unit will

Brahma, a part of Mumbai-based media company Prime Focus on Tuesday said it had acquired London-based AI content firm Metaphysic. Brahma is a unit of London-based visual effects and animation firm DNEG, which was acquired by Prime Focus in 2014. Although DNEG did not disclose the deal size, it did say that Metaphysic would be