Geeta Nair

Sudarshan Chemical Industries (SCIL) on Friday said it will acquire the global pigment business of Heubach Group of Germany for Rs 1,180 crore.

Tata Elxsi and Tata Consultancy Services (TCS) are at the forefront of R&D investments in India's software and services sector.

Bajaj Housing Finance (BHFL) on Monday reported a 21% rise in its net profit to Rs 546 crore for the quarter ended September.

BFL's assets under management grew 29% YoY to Rs 3.73 lakh crore. New loans booked were up 14% to 9.69 million. Total customer franchise grew 20% to 92.09 million.

Bajaj Finserv and Allianz have at several times in the last 10 years held discussions regarding the stake purchases, but differences between them over the valuation and pricing could not be resolved.

KPIT's growth during the September quarter was driven by Asia geography and the passenger car verticals and from the powertrains and middleware domains.

Digikore's solution uses AI to produce hyper-realistic commercials with the capability to insert real products seamlessly into AI-generated ads.

The company said the equity sale would increase ZF Group's flexibility for growth and liquidity.

Manish Bhandari, co-founder and CEO of Pune-based fintech firm GrowthPal, said the company has facilitated 41 M&A deals in multiple geographies with the help of data and AI.

Valneva will supply its chikungunya vaccine drug substance to SII, which will complete manufacturing and be responsible for seeking and maintaining regulatory approval of the vaccine in India and other Asian countries.