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Bengaluru
275 posts
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 ₹720 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 ₹408 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 ₹750 crore, days after announcing the acquisition of local AI power-management specialist C2i Semiconductors.
350 jobs cut after rapid expansion: What is changing inside Even Healthcare?
Even Healthcare has reportedly eliminated around 350 jobs, or 30–35% of its workforce, as the Bengaluru healthtech startup redirects resources from parts of its earlier insurance-led model toward hospitals, even as investors commit fresh capital for expansion.
Puravankara’s fifth Bengaluru land deal lifts FY27 GDV additions to Rs 6,300cr
Puravankara has signed a JDA for 7.83 acres in southeast Bengaluru carrying about ₹1,100 crore of projected GDV, taking its five FY27 Bengaluru land additions to 49.76 acres and roughly ₹6,300 crore of potential GDV.
IZMO (NSE: IZMO) doubles Q1 profit as operating EBITDA margin jumps to 25.1%
Revenue increased 15.7% to ₹65.38 crore, but operating EBITDA jumped almost 70% and PAT doubled as higher-margin digital and semiconductor activities expanded profitability.
Krishvi Group puts Rs 760cr behind three North Bengaluru housing projects
Krishvi Group plans to invest ₹760 crore across three premium housing developments in Hennur and HBR Layout covering about 7 lakh sq ft, with projected combined GDV of roughly ₹1,050 crore.
Why Centum Electronics’ Rs 1,800cr backlog matters more than its Q1 profit jump
Centum Electronics has increased its standalone order book 31% to about ₹1,800 crore, while exiting loss-making overseas operations and concentrating capital on Indian defence, aerospace, semiconductor-equipment and industrial electronics.