IT COMPANIES IN BENGALURU

The Karnataka bill reserves jobs for locals, impacting companies like Google and Intel. Announced by Siddaramaiah, it faces Nasscom's backlash. Enforced by a Nodal Agency, violations fine ₹10,000–₹25,000, with daily fines for persistent breaches. Co...

Pratt & Whitney announced a new Customer Service Centre (CSS) in Bengaluru, part of its India Capability Centre, to support 68,000 engines globally. The CSS will offer MRO support, spare part management, engine leasing, and reliability analysis. Emp...

Tata Elxsi and Emerson's TENMIC in Bengaluru focuses on automotive innovation, emphasizing electrical/electronic architecture, electrification, and connectivity. Shaju S mentions its connection to India's R&D ecosystem and global OEMs. The centre ad...

India's office leasing market is dominated by Global Capability Centres (GCCs), with 37% of total leasing activity in January to June 2024. The country's robust workforce, competitive costs, and established ecosystem make it a key market for GCCs. W...

The company, in its draft papers filed on Friday, said that the objective of the initial share sale is to gain the advantages of listing the equity shares on the stock exchanges.

Japan has sanctioned Bengaluru-based Si2 Microsystems Pvt Ltd, an Indian tech firm, for allegedly supporting Russia's war efforts. This move, part of broader sanctions including firms from China, the UAE, and Central Asia, marks Japan's first target...

Private equity-backed Stanley Lifestyles, the fourth-largest player in India's home furniture market, is set to launch a ₹537 crore IPO. The company's revenues have more than doubled, and net profit has grown significantly in recent years.

Snake in Amazon package: A couple in Bengaluru was shocked when their Amazon delivery contained a live cobra instead of the Xbox controller they ordered. The video quickly went viral. The cobra, a Spectacled Cobra, was safely captured and released, ...

Karnataka IT minister Priyank Kharge met with a top executive from semiconductor company Arm Holdings at London Tech Week to discuss the company's plans in the State. They talked about semiconductor manufacturing, the global startup ecosystem, and m...

Bengaluru-headquartered Difacto will use the funds to expand across sectors such as cars, home appliances and electronics, as investment and volume in manufacturing go up.

This comes at the time of Byju's controversial $200 million right issue at 99% discount to its peak valuation of $22 billion, meaning any investor not investing in the rights issue will see its holding wiped off.

Novo Nordisk's India team played a pivotal role in the success of Ozempic, a semaglutide-based drug for diabetes and weight management. The Bengaluru-based Global Business Services unit collaborated on clinical trials and biostatistics. Despite glob...

Blackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore through a block deal. Blackstone holds 55.45% in Mphasis. Mphasis specializes in cloud and digital solutions.

The National Company Law Appellate Tribunal has rejected an appeal filed by a group of investors of Byju’s seeking intervention in the case between the two parties in the National Company Law Tribunal (NCLT). These investors had requested an order t...

Edtech unicorn Unacademy has changed the target for its cofounders Gaurav Munjal and Hemesh Singh to access additional voting rights through bonus shares issued to them in 2022. Industry sources said this move throws light on Unacademy’s changing am...

Mygate app, in partnership with Acko General Insurance, received an aggregator licence from IRDAI to distribute insurance policies, offering exclusive pricing and expanding product range.

The fee increase is happening as the agreements between cab companies Ola, Uber and BluSmart and the Bengaluru International Airport Ltd (BIAL) are up for renewal. The airport operator is paid a certain fee on every ride, as per these contracts. Thi...

In a recent interview with Varun Mayya, Google's Sundar Pichai shared his favorite Indian dishes from Bengaluru, Delhi, and Mumbai. He also discussed his success philosophy, emphasizing deep understanding of concepts. Drawing from the movie "3 Idiot...

GOVO, led by Varun Poddar, targets Rs 1,000 crore by FY2027-28. Poddar disclosed a revenue of Rs 100 crore in FY2023-24, emphasizing growth strategies and customer-centric approach.