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Bengaluru
280 posts
Nike is cutting roles but building in Bengaluru. What does Elliott Hill’s workforce reset actually change?
NIKE, Inc. is preparing further workforce reductions from 2027 as Chief Executive Officer Elliott Hill reorganises the sportswear group into three geographies, modernises its supply chain and builds a new Bengaluru campus. The multiyear Pace programme targets $2.5 billion of cumulative savings through fiscal 2031 but also carries roughly $1 billion of additional restructuring charges while revenue is expected to fall sharply this year.
Embark and Tavant combine AI engineering with GCC setup as India’s sector reaches $98.4bn
Embark and Tavant have formed a strategic partnership combining global capability centre establishment, workplace infrastructure and talent management with AI and digital engineering. The agreement targets new and existing GCCs in India's $98.4 billion sector, but its commercial value will depend on client acquisition, successful AI deployment and measurable operating improvements.
Astrogate Labs and Spacebeam target satellite data bottleneck with laser ground-station partnership
Astrogate Labs and South Korea's Spacebeam are combining satellite laser terminals with optical ground-station infrastructure to develop end-to-end space communications and explore a shared ground-station service model. The agreement builds on Astrogate's ISRO-related technology work and Spacebeam's operational ground infrastructure, but commercialisation will require successful satellite demonstrations, reliable atmospheric performance and paying customers.
Tejas Networks bets on 6G sensing with Qualcomm as Rs 4,277cr debt tests growth ambitions
Tejas Networks and Qualcomm have demonstrated integrated sensing and communications technology using 5G infrastructure, offering an early view of how future 6G networks could detect drones, vehicles and environmental activity. The collaboration strengthens Tejas Networks' position in next-generation telecom development, although its â‚ą202 crore quarterly loss, substantial debt and uncertain commercialisation timeline present a more immediate financial challenge.
Ericsson turns India into antenna export base after producing 15,000 units
Ericsson has produced more than 15,000 antennas and 25 million components through its Indian ecosystem since July 2025, with locally manufactured equipment now supplying Europe and other international markets.
Applied Materials commits $5bn to India as semiconductor ambitions move beyond packaging
Applied Materials plans to invest $5 billion in India over the next decade across research, supply-chain expansion and workforce development, significantly deepening a presence that already includes engineering, validation and semiconductor-equipment development operations.
AI can now do work equal to 20,000 Wipro employees. The surprise is what happened to the people
Wipro says artificial intelligence has created productivity equivalent to about 20,000 employees, but the Indian IT group has redeployed affected capacity as it builds a human-AI operating model rather than treating the gains as automatic layoffs.
ESDS is putting 80% of its IPO into servers and cloud infrastructure, now utilisation has to justify a Rs 5,028cr valuation
ESDS Software Solution closes its â‚ą720 crore IPO today with 80% of the proceeds earmarked for cloud and data-centre infrastructure. Revenue increased 31% and profit more than doubled in FY26, but a roughly 42-times post-issue earnings valuation assumes its AI, GPU and sovereign-cloud expansion can convert heavy infrastructure spending into sustained high-margin growth.
Why Third Wave Coffee wants 320 cafes before fiscal year-end as competition intensifies
Third Wave Coffee raises â‚ą408 crore for a 320-cafe push, but the undisclosed primary-secondary split leaves its true expansion firepower unclear for now.
Infineon’s Rs 750cr Whitefield lease deepens its India semiconductor R&D bet
Infineon Technologies has leased 631,923 sq ft at Bagmane Solarium City in Bengaluru for 10 years, with rental commitments exceeding â‚ą750 crore, days after announcing the acquisition of local AI power-management specialist C2i Semiconductors.