Sterling Tools Ltd, an electric vehicle component manufacturer, reported a 40% jump in profit after tax to Rs 17.5 crore in Q2 FY24, driven by strong growth in its SGEM business. Total income also...

Sterling Tech-Mobility partners with Kunshan GLVAC Yuantong to manufacture high-voltage DC contactors and relays for electric and hybrid vehicles in Bengaluru, aiming to boost the Indian EV sector.

Sterling Tools Ltd's profit after tax doubled in the March quarter, driven by its electric vehicle division. The company also announced leadership changes as part of a succession plan.

Sterling Tools and Yongin Electronics join forces to establish an EV components manufacturing plant in India, aiming to generate Rs 250 crore in business over the next five years.

Agro Tech Foods, owner of ACT II popcorn and Sundrop, completed its acquisition of Del Monte Foods from Bharti Enterprises through a share-swap deal. The deal strengthens Agro Tech's position in...

AI startup TrueFoundry secures $19 million in Series A funding led by Intel Capital to accelerate its AI deployment platform. The investment will fuel team growth and customer expansion.

ITC expands its footprint in the frozen food segment with the acquisition of Prasuma and Meatigo, aiming to become a leading player in the rapidly growing market.

WEF President Borge Brende lauded Telangana CM Revanth Reddy's vision to transform the state into a trillion-dollar economy within 10 years. Read about his ambitious plans and the global response.

Trai recommends dialing 10 digits for local calls on landlines to address phone number shortage. The new numbering scheme aims to allocate unused landline numbers across districts and reduce...

NIBE Limited inaugurates a state-of-the-art facility in Pune for manufacturing critical components for missiles and small arms, boosting India's defense capabilities.

Agro Tech Foods, owner of ACT II popcorn and Sundrop, completed its acquisition of Del Monte Foods from Bharti Enterprises through a share-swap deal. The deal strengthens Agro Tech's position in...

AI startup TrueFoundry secures $19 million in Series A funding led by Intel Capital to accelerate its AI deployment platform. The investment will fuel team growth and customer expansion.

ITC expands its footprint in the frozen food segment with the acquisition of Prasuma and Meatigo, aiming to become a leading player in the rapidly growing market.

Virtusa Corporation has appointed Nitesh Banga, former GlobalLogic CEO, as its new President and CEO, focusing on AI-driven innovation and business transformation.