Category : Corporate News


Gold, Silver Prices Rebound Sharply on Feb 3, 2026

Gold and silver prices staged a strong rebound on February 3, 2026, driven by US government shutdown, Federal Reserve leadership cues, and global uncertainty. Check live updates for Chennai, Hyderabad, Bangalore, Mumbai, Delhi.

Zensar Close to Acquiring Mastek in $900M Deal

Zensar Technologies is reportedly finalizing an $850-900 million stock-and-cash acquisition of Mastek, creating a $1.3 billion IT services powerhouse amid industry consolidation driven by AI transformation.

Latent View Q3 Revenue Up 22%, Profit Rises 18.6%

Chennai-based Latent View Analytics reports robust Q3 performance with revenue reaching ₹278 crore, up 22% YoY, driven by financial services and technology segments. Profit after tax grows 18.6% to ₹50 crore.

PE-VC Investments Drop 62.5% to $1.5B in Jan 2026

India's private equity-venture capital sector saw investments fall sharply to $1.5 billion in January 2026, a 62.5% decline from $4 billion in the same month last year, with 104 deals recorded.

IndiGo Hires Nik Laming to Head Loyalty Programme

IndiGo appoints Singapore-based loyalty expert Nik Laming to lead its BluChip frequent-flyer programme, aiming to attract high-value international travellers as it transitions from a low-cost carrier to a full-service airline.

Bengaluru Unions Vow Fight After SC Minimum Wage Plea Dismissal

Workers' unions in Bengaluru, including the Domestic Workers Rights Union, have vowed to continue their fight for minimum wage after the Supreme Court dismissed their petition. The unions issued a joint statement reaffirming their commitment to labor righ

Budget's TReDS Push to Aid MSMEs in Ludhiana

Union Budget proposals to strengthen TReDS have raised hopes among Ludhiana's industry leaders that payment delays faced by MSMEs may finally be addressed through faster invoice settlement.

Turkish CEO Charged with $7M Fraud and Visa Scam

Gokce Guven, founder of fintech startup Kalder Inc., faces charges for defrauding investors of $7 million and using false documents to obtain an O-1A 'extraordinary ability' visa in the US.

Devon-Coterra $58B Merger Creates Shale Giant

Oklahoma City's Devon Energy and Houston's Coterra Energy announce a massive all-stock merger to form a large-cap producer dominating the Permian Basin amid shale consolidation.

Ather Energy Q3 Revenue Soars 53%, Losses Halve

Ather Energy reported a 53% surge in Q3 revenue to ₹996 crore, with losses halving to ₹85 crore. Despite GST cuts impacting EV penetration, the company expanded to 600 stores and improved margins significantly.

Premji Invest Buys 23% Stake in Bharat Forge Unit for ₹300 Cr

Premji Invest, the family office of Wipro founder Azim Premji, will acquire a 23% stake in JS Auto Cast Foundry India, a Bharat Forge subsidiary, for ₹300 crore. The investment aims to boost casting capacity and explore acquisitions in the ferrous casting

White-Collar Hiring Up 3% in Jan, Non-IT Sectors Lead

India's white-collar job market saw a 3% year-on-year increase in hiring activity in January, driven by strong demand in non-IT sectors and a notable rise in fresher recruitment, according to a recent report.

Dhampur Sugar Mills Q3 Profit Jumps 75% YoY

Dhampur Sugar Mills reported a 75% year-on-year increase in consolidated net profit to ₹26.49 crore for Q3 FY26, with revenue up 14% to ₹667.44 crore. However, shares remain under pressure, down 64.5% from peak.

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