business

Gurugram, Feb 11:  BSH Home Appliances Pvt. Ltd., a subsidiary of BSH Hausgeräte GmbH and a global leader in premium home appliances, has announced the launch of its first Siemens Brand Store in Gurugram, in partnership with Home Square Exzellenz Pvt. Ltd. Strategically located at DLF Phase 1—an address synonymous with premium living—the new experience-led store reinforces Siemens’ commitment to intelligent, design-driven, and future-ready home…

Mumbai, Feb 10:  Sattva Group, one of India’s long-standing real estate developers, today announced its formal entry into the Mumbai Metropolitan Region (MMR) with six residential and commercial redevelopment projects spanning over 8 million sq ft of construction area. The projects, awarded through competitive evaluations, are located in Parel (Sewri), Prabhadevi, Goregaon East, Vile Parle West, Powai and the Bandra Kurla Complex (BKC) vicinity. With these six projects,…

Feb 10:  Databricks, the Data and AI company, today announced it crossed a $5.4 billion revenue run-rate, delivering >65% year-over-year growth during its 4. Building on this momentum, Databricks is completing investments in the company in excess of $7 billion, including ~$5B of equity financing at a $134 billion valuation and ~$2B of additional debt capacity. With this new funding, the company will accelerate Lakebase, its serverless Postgres database built for AI agents, and Genie, its conversational AI assistant that lets any employee chat with their data. This financing drew strong participation from both new and returning investors. JPMorgan Chase expanded its investment in the company through its Security and Resiliency Initiative’s newly formed Strategic Investment Group. In addition to previously disclosed participants in the Series L round, the additional close also included Glade Brook Capital, Growth Equity at Goldman Sachs Alternatives, Microsoft, Morgan Stanley, funds affiliated with Neuberger, Qatar Investment Authority (QIA), funds associated with UBS, and others. The credit facilities were led by JPMorgan Chase Bank, N.A., alongside Barclays, Citi, Goldman Sachs, and Morgan Stanley, with participation from other leading financial institutions and alternative asset managers. Financial momentum This investment follows continued strong momentum across Databricks’ business in Q4: Surpassing a $5.4 billion revenue run-rate, growing >65% year-over-year. Delivering positive free cash flow over the last 12 months. Crossing a $1.4 billion revenue run rate for its AI products. Sustaining a net retention rate of>140%. >800 customers consuming at over $1 million annual revenue run-rate. >70 customers consuming at over $10 million annual revenue run-rate. “We’re seeing overwhelming investor interest in our next chapter as we go after two new markets,” said Ali Ghodsi, co-founder and CEO of Databricks. “With this new capital, we’ll double down on Lakebase so developers can create operational databases built for AI agents. At the same time, we’re investing in Genie to let every employee chat with their data, driving accurate and actionable insights.” “Databricks is a generational company that has become a backbone for enterprise data and AI, helping organizations across critical sectors seize opportunities and overcome challenges,” said Todd Combs, Head of the Strategic Investment Group for JPMorganChase’s Security and Resiliency Initiative. “This initial investment reflects the strength of Databricks’ secure platform and continues to support their innovative, production‑scale applications that serve customers around the world.” Building the future of Data + AI The company will use the funding to advance Lakebase, a serverless Postgres database built for the age of AI that helps customers build data and AI applications faster on a unified platform. Databricks will also scale investments in Genie, its conversational AI assistant, expanding natural‑language capabilities that make data and AI accessible to every corner of the business. The company also expects to use the funds to advance AI research, pursue strategic acquisitions, and provide employee liquidity.

As India’s pharmaceutical sector continues its rapid evolution—driven by digital transformation, regulatory complexity, global expansion, and a heightened focus on data integrity—technology-led enablers are playing a pivotal role in shaping its future. From strengthening cybersecurity and compliance frameworks to enabling smarter operations and secure digital ecosystems, a new class of brands is quietly yet decisively accelerating the industry’s growth. Here are five standout brands actively…

Valentine’s Day is a celebration of love, togetherness, and the thoughtful moments that make everyday living special. It’s a time when couples and families come together to create warmer, more comfortable homes that reflect care, connection, and modern lifestyles. To mark the season of love, Haier is rolling out exclusive Valentine’s Day offers across its range of innovative and design-led home appliances this February—making smart…

Mumbai, Feb 10:  Sky Gold and Diamonds Limited, today announced its Q3FY26 results for the quarter ended December 31, 2025. The company has continued a strong growth momentum, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East and Southeast Asia. Q3 FY26 and 9M FY26 Financial Highlights (Consolidated) Particulars (₹ Crores) Q3FY26 Q3FY25 Y-o-Y Q2 FY26 Q-o-Q 9MFY26…

Bengaluru, Feb 10: The Flipkart Group today announced two senior leadership appointments, further strengthening its finance and people capabilities as the company continues to deepen institutional leadership across critical functions. Vipin Kapooria has rejoined Flipkart as Vice President, Business Finance, and Yogita Shanbhag has been appointed Vice President, Human Resources. These appointments build on recent senior leadership additions and reflect Flipkart’s sustained focus on leadership…

Nabarangpur, Feb, 10:   A destitute and abandoned woman was rescued by members of Nari Shakti Sangh from the Patramunda forest area near the Regional Transport Office (RTO) in Nabarangpur. Local cattle herders informed that the woman had been lying in a pitiable condition inside the forest for several days. Following this, a person named Riaz Sharif contacted Nari Shakti Sangh and social worker Sirajuddin Ahmed,…

Tata Motors Passenger Vehicles’ new manufacturing facility in Tamil Nadu begins operations with the local manufacture of JLR’s Range Rover Evoque as the first vehicle Bengaluru, Feb 09: Tata Motors Passenger Vehicles Ltd. (TMPV), India’s leading manufacturer of cars and SUVs and its subsidiary Jaguar Land Rover Automotive Plc. (JLR), today announced the commencement of operations at their new manufacturing facility at Panapakkam in the Ranipet district of…

Mumbai, Feb 9: Nisus Finance Services Co Ltd. (Nisus Finance), a leading player in urban infrastructure and real estate finance, today announced the successful and timely exit from its investment in Skytech Estates Private Limited. The exit, completed on February 3, 2026, well ahead of the originally planned timeline of June 2026, yielded an Internal Rate of Return (IRR) of approximately 16.5% and a Multiple…