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Chennai
140 posts
Ensono has more than 4,200 employees globally. Why is India leadership becoming more important now?
Ensono has appointed Ayush Mittal as Senior Vice President and Managing Director for India, putting its Indian workforce at the centre of global cloud, infrastructure, application and AI delivery.
HOEC hires energy finance veteran Debabrata Das as CFO before next oil and gas investment cycle
Hindustan Oil Exploration Company Limited has appointed former Adani Total Gas corporate-finance executive Debabrata Das as Chief Financial Officer from October 16. His arrival comes as HOEC works through a capital-intensive growth agenda across Indian oil and gas assets while first-quarter revenue rebounds but profit remains sharply below the prior-year level.
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.
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.
KONE targets 100,000 connected elevators in India as Pune digital centre advances service strategy
KONE has opened a Digital Experience Centre in Pune as it prepares to expand connected elevator coverage across India. With approximately 50,000 lifts already connected and a goal of doubling that figure, the initiative could strengthen predictive maintenance, customer retention and recurring service revenue, although the company has not disclosed the centre's investment cost or expected financial contribution.
Kaynes Technology’s (NSE: KAYNES) Rs 600cr cash outflow raises a bigger semiconductor funding question
Kaynes Technology's FY2026 revenue reached ₹3,626 crore, but consolidated operating cash outflow widened to ₹600 crore as working-capital requirements increased. Its ₹3,307 crore Sanand semiconductor project and advanced PCB investment now face a crucial test of funding discipline, customer demand and cash generation.
Sapphire Foods gets Rs 1.4cr Gujarat GST notice as Devyani merger advances
Sapphire Foods India Limited has received a Gujarat GST show-cause notice involving about ₹1.40 crore of disputed input-tax credit, adding another tax proceeding as the KFC and Pizza Hut operator progresses its proposed merger with Devyani International Limited and works to sustain its Q1 FY27 earnings recovery.
Why is Adidas cutting technology jobs in India while sales are growing 14%?
Adidas AG has reduced roles across its India technology organisation even as second-quarter sales reached a record €6.7 billion, highlighting a wider shift from rapid digital capacity building toward a leaner technology operating model.
Carborundum Universal sales grew 17%. Why is Sriram Seshadri becoming CFO now?
Carborundum Universal has appointed former Endurance Technologies finance executive Sriram Seshadri as CFO as sales and profit grow, ₹400 crore of planned capex accelerates and management exits commercially weaker overseas operations.
GRT Jewellers takes control path at TBZ as market prices a much larger pan-India growth opportunity
GRT Jewellers has agreed to buy the Zaveri family’s 74.12% TBZ stake for up to ₹1,033.71 crore and has launched a ₹431 crore open offer for the remaining public shares. Yet TBZ’s September 1 rally values the listed jeweller near ₹2,448 crore, creating a striking gap between the contractual takeover economics and what investors believe the business could become under a much larger pan-India jewellery group.