Latest news with #SunilMittal
Time of India
5 days ago
- Business
- Time of India
'Will stimulate innovation, ease market access'
NEW DELHI: Industry hailed the India-UK trade pact, saying it will reduce barriers, enhance confidence and boost JVs and technology transfers. "This agreement establishes a forward-looking partnership that will stimulate innovation, ease market access, and foster investment. Businesses in India and the UK stand to gain, as it lays the groundwork for scaling up cooperation across key growth sectors," said Bharti Enterprises chairman Sunil Mittal. Shahi Exports MD Harish Ahuja, who leads Ficci's foreign trade & trade facilitation committee, added the agreement will boost India's export competitiveness, particularly in labour-intensive sectors including textiles and apparels. "Assocham believes the deal will not only boost export potential and manufacturing competitiveness, but also open new growth avenues in innovation & services," said industry body's chief Sanjay Nayar. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
India.com
22-07-2025
- Business
- India.com
Massive win for Sunil Bharti Mittal as Airtel beats Ratan Tata's TCS in..., Airtel is now India's...
Ratan Tata and Sunil Mittal New Delhi: In a significant development, Indian billionaire Sunil Mittal has shown tremendous growth in the recent week. Overtaking Tata Consultancy Services (TCS) to become India's third-largest company by market capitalisation, the Bharti Airtel founder has become India's third-largest company by market capitalisation. Here are all the details you need to know about the recent development for Sunil Bharti Mittal's Airtel and how it has overtaken Ratan Tata's TCS. How Bharti Airtel overtook TCS? In the recent development, the shares of Airtel rose by 0.333 per cent on Monday, which led to increase in its market value to Rs 11.44 lakh crore, around Rs 2,000 crore more than TCS. Mukesh Ambani's Reliance Industries takes massive hit As per a report by news agency PTI, the combined market valuation of 6 of the top-10 most valued firms declined by Rs 94,433.12 crore last week, with Tata Consultancy Services and Reliance Industries taking the biggest hit, in line with a bearish trend in equities. Last week, the BSE benchmark tumbled 742.74 points or 0.90 per cent. The PTI report also added that While Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, Infosys and Hindustan Unilever suffered erosion from their market valuation last week, ICICI Bank, State Bank of India, Bajaj Finance and Life Insurance Corporation of India (LIC) emerged as gainers. In a significant shock for Ratan Tata's TCS, the valuation of TCS tumbled Rs 27,334.65 crore to Rs 11,54,115.65 crore, the most among the top-10 firms. How have HDFC Bank, Hindustan Unilever performed? Reliance Industries suffered an erosion of Rs 24,358.45 crore to Rs 19,98,543.22 crore from its valuation. The market capitalisation (mcap) of HDFC Bank tanked Rs 20,051.59 crore to Rs 15,00,917.42 crore. Bharti Airtel's mcap dropped by Rs 11,888.89 crore to Rs 10,83,998.73 crore, and that of Hindustan Unilever declined by Rs 7,330.72 crore to Rs 5,84,789.77 crore.
India.com
21-07-2025
- Business
- India.com
This Company Beats TCS To Become Third Largest Company In India, Now Worth Over Rs 11.4 lakh crore
New Delhi: Sunil Mittal's Bharti Airtel has overtaken Tata Consultancy Services (TCS) to become India's third most valuable company by market capitalization as of July 21, 2025. Airtel's market value is now between Rs 11.4 lakh crore and Rs 11.5 lakh crore. TCS stands at about Rs 11.2 lakh crore, so Airtel is ahead by more than Rs 2,000 crore. Reliance Industries is still the most valuable Indian company, with HDFC Bank in second place. Airtel's share price went up by over 20 percent this year. In the 2024-2025 financial year, Airtel reported revenue of Rs 1.25 lakh crore, which is a 17.9 percent increase. The company's EBITDA reached Rs 57,909 crore. Airtel's mobile business market share is nearing 40 percent. The company gained more than 9.3 million new customers during the past year. Average revenue per user (ARPU) rose to Rs 245, up by Rs 36 over last year. Airtel added over 20,000 new mobile network sites and laid 44,000 kilometres of fiber. Mittal's annual pay grew slightly to Rs 32.55 crore. TCS has had a drop in share price, down by 22 percent in 2025. The company lost about Rs 3.4 lakh crore in market value this year. Factors include concerns about the US economy and changes in the IT and software industry as artificial intelligence becomes more common. The last time Airtel was ahead of TCS was in 2009, but this time the change is expected to last. Three years ago, Airtel was only the tenth most valuable Indian company. Some analysts expect Airtel to continue seeing growth because the company is investing in its network and expanding its services, including 5G.
Business Standard
21-07-2025
- Business
- Business Standard
Movate and Anzenna Forge Strategic Partnership to Redefine Insider Risk Governance in the AI Era
PRNewswire Bengaluru (Karnataka) [India], July 21: Movate, a global leader in digital technology and IT services, today announced a strategic partnership with Anzenna, a next-generation AI-powered insider risk platform. This alliance marks a significant step forward in addressing what is now emerging as the biggest cybersecurity threat of the AI era, insider risk, where human behavior, compromised credentials, and internal misuse represent the weakest link in enterprise defense. As cyberattacks grow more advanced, insider-driven breaches now make up over 68% of cybersecurity incidents. Addressing this rising threat requires a new governance model. Current tools remain siloed, reactive, and dependent on agent-based setups that slow performance and erode user trust. Anzenna changes this by using data from existing systems along with Generative AI and LLMs to detect and prioritize insider threats with context-aware precision. It enables autonomous or semi-autonomous responses, all without the need for endpoint agents. With this partnership, Movate becomes a certified Managed Security Services Provider (MSSP) for Anzenna, delivering 24/7 detection, response, and insider risk governance as a fully managed service. Enterprises benefit from reduced operational complexity, faster time to value, and a seamless transition from reactive controls to proactive, AI-enabled governance frameworks. "This partnership is a strategic accelerator for our AI-first cybersecurity vision," said Sunil Mittal, CEO, Movate. "Insider risk has emerged as one of the most business-critical security challenges of the AI era. By integrating Anzenna's lightweight, agentless platform into our global SOC services, we empower enterprises to neutralize these threats while strengthening governance, agility, and resilience at scale." The timing is crucial. The industry is facing a shortage of cybersecurity talent, with enterprises struggling to scale risk programs fast enough. Movate brings a unique advantage, with a strong, dedicated cybersecurity practice, supported by thousands of certified professionals across 20+ global delivery centers. "We're witnessing an inflection point in cybersecurity where enterprises need simplicity, scale, and intelligence, not more tools," said Ganesh Krishnan, CEO, Anzenna. "Through this partnership, our platform becomes a turnkey service, backed by Movate's cybersecurity depth and operational rigor. Together, we're enabling organizations to operationalize trust and take meaningful action in real time, not just gather alerts." In a recent deployment at a large educational institution, Anzenna's platform accelerated threat resolution by 40%, eliminated 228 risky applications via automated remediation, and secured a 20% increase in cybersecurity budget justification without expanding headcount. The combination of Anzenna's AI-native capabilities and Movate's service delivery muscle offers a rare blueprint for reducing risk without increasing friction - exactly what today's boardrooms and CISOs are demanding. Together, Movate and Anzenna are delivering a first-of-its-kind Insider Risk Remediation as a Service model tailored to how modern enterprises consume security: integrated, contextual, and outcome-driven. About Movate: Movate is a digital technology and consulting services company committed to disrupting the industry with boundless agility, human-centered innovation, and relentless focus on driving client outcomes. It helps ambitious, growth-oriented companies across industries stay ahead of the curve by leveraging its diverse talent of over 12,000 full-time Movators across 20 global locations and a gig network of thousands of technology experts across 60 countries, speaking over 100 languages. Movate has emerged as one of the most awarded and analyst-accredited companies in its revenue range. To know more, visit: Follow Movate on LinkedIn, Facebook and Twitter. About Anzenna: Anzenna empowers modern enterprises to see, understand, and stop insider-driven threats before they become headlines. Our agentless, AI-powered Security Copilot turns the telemetry you already collect--from 100+ Security and IT tools--into real-time insight and automated remediation. By eliminating blind spots and the need for legacy IRM, UEBA, and EPM point solutions, Anzenna reduces risk, safeguards crown-jewel IP and frees security teams to focus on innovation and growth while staying audit-ready. To learn more, visit
Malaysian Reserve
21-07-2025
- Business
- Malaysian Reserve
Movate and Anzenna Forge Strategic Partnership to Redefine Insider Risk Governance in the AI Era
BENGALURU, India, July 21, 2025 /PRNewswire/ — Movate, a global leader in digital technology and IT services, today announced a strategic partnership with Anzenna, a next-generation AI-powered insider risk platform. This alliance marks a significant step forward in addressing what is now emerging as the biggest cybersecurity threat of the AI era, insider risk, where human behavior, compromised credentials, and internal misuse represent the weakest link in enterprise defense. As cyberattacks grow more advanced, insider-driven breaches now make up over 68% of cybersecurity incidents. Addressing this rising threat requires a new governance model. Current tools remain siloed, reactive, and dependent on agent-based setups that slow performance and erode user trust. Anzenna changes this by using data from existing systems along with Generative AI and LLMs to detect and prioritize insider threats with context-aware precision. It enables autonomous or semi-autonomous responses, all without the need for endpoint agents. With this partnership, Movate becomes a certified Managed Security Services Provider (MSSP) for Anzenna, delivering 24/7 detection, response, and insider risk governance as a fully managed service. Enterprises benefit from reduced operational complexity, faster time to value, and a seamless transition from reactive controls to proactive, AI-enabled governance frameworks. 'This partnership is a strategic accelerator for our AI-first cybersecurity vision,' said Sunil Mittal, CEO, Movate. 'Insider risk has emerged as one of the most business-critical security challenges of the AI era. By integrating Anzenna's lightweight, agentless platform into our global SOC services, we empower enterprises to neutralize these threats while strengthening governance, agility, and resilience at scale.' The timing is crucial. The industry is facing a shortage of cybersecurity talent, with enterprises struggling to scale risk programs fast enough. Movate brings a unique advantage, with a strong, dedicated cybersecurity practice, supported by thousands of certified professionals across 20+ global delivery centers. 'We're witnessing an inflection point in cybersecurity where enterprises need simplicity, scale, and intelligence, not more tools,' said Ganesh Krishnan, CEO, Anzenna. 'Through this partnership, our platform becomes a turnkey service, backed by Movate's cybersecurity depth and operational rigor. Together, we're enabling organizations to operationalize trust and take meaningful action in real time, not just gather alerts.' In a recent deployment at a large educational institution, Anzenna's platform accelerated threat resolution by 40%, eliminated 228 risky applications via automated remediation, and secured a 20% increase in cybersecurity budget justification without expanding headcount. The combination of Anzenna's AI-native capabilities and Movate's service delivery muscle offers a rare blueprint for reducing risk without increasing friction – exactly what today's boardrooms and CISOs are demanding. Together, Movate and Anzenna are delivering a first-of-its-kind Insider Risk Remediation as a Service model tailored to how modern enterprises consume security: integrated, contextual, and outcome-driven. About Movate: Movate is a digital technology and consulting services company committed to disrupting the industry with boundless agility, human-centered innovation, and relentless focus on driving client outcomes. It helps ambitious, growth-oriented companies across industries stay ahead of the curve by leveraging its diverse talent of over 12,000 full-time Movators across 20 global locations and a gig network of thousands of technology experts across 60 countries, speaking over 100 languages. Movate has emerged as one of the most awarded and analyst-accredited companies in its revenue range. To know more, visit: Follow Movate on LinkedIn, Facebook and Twitter. About Anzenna: Anzenna empowers modern enterprises to see, understand, and stop insider-driven threats before they become headlines. Our agentless, AI-powered Security Copilot turns the telemetry you already collect—from 100+ Security and IT tools—into real-time insight and automated remediation. By eliminating blind spots and the need for legacy IRM, UEBA, and EPM point solutions, Anzenna reduces risk, safeguards crown-jewel IP and frees security teams to focus on innovation and growth while staying audit-ready. To learn more, visit Logo: View original content:
