TCS Buys Coastal Cloud for $700M

On December 10, Tata Consultancy Services said that it will purchase Coastal Cloud, an advising and AI services company, for $700 million in cash. The anticipated completion date of the deal is January 31, 2026. $700M Salesforce Services Deal According to TCS’s stock market filings, “Coastal Cloud has an enterprise value of up to $700 … Read more

Tata Steel Major Expansion Plan

To bolster its long-term growth plan in India, Tata Steel has announced a number of brownfield expansion and backward integration initiatives. The business and Lloyd Metals & Energy (LMEL) have inked a memorandum of understanding for the combined construction of a greenfield, two-phase, 6 million-ton steel factory in Gadchiroli, Maharashtra. Additionally, both businesses will work … Read more

Byju Raveendran $1B Damages Overturned

Byju Raveendran was held personally accountable for more than $1 billion after the US Bankruptcy Court in Delaware modified its earlier default judgment against him. The court’s ruling, which was prompted by Raveendran’s application to amend the verdict, recognizes that damages were never officially decided. In January 2026, a new stage of the legal process … Read more

Tata International to Raise ₹950 Crore to Repay Perpetual Bonds

According to persons with knowledge of the situation who spoke to Moneycontrol, Tata International Limited (TIL), whose funding requirements were a cause of contention amongst the trustees of Tata Trusts a few months ago, is seeking up to Rs 950 crore to pay back bonds that are scheduled to maturity at the end of December. … Read more

Nestle India Expects Volume-Led Growth in H1 2026: CMD Manish Tiwary

Manish Tiwary, who took over as Chairman & Managing Director of Nestle India in August, has made increasing the company’s giant brands’ penetration and increasing productivity via the use of technology his primary priority. The packaged food giant, whose brands were previously thought to be mostly urban-focused, is now concentrating on making a significant push … Read more