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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
GS1 India expands Chennai development centre
2026-04-23 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

GS1 India, a company that helps Indian exporters adopt and implement global bar-coding standards, on Thursday inaugurated its expanded Chennai Development Centre.  

The upgraded facility, initially launched in 2023, will accelerate innovation in 2D migration, traceability and AI-powered supply chain solutions.

The center will focus on the large-scale deployment of flagship platforms such as DataKart, the Smart Consumer App, ClickIt app and traceability solutions. 

With this, GS1 India is better equipped to help Indian industries meet emerging global requirements such as the Digital Product Passport (DPP), Food Safety Modernisation Act (FSMA) and EU Deforestation Regulation (EUDR). 

A key focus of the expanded facility is the integration of Artificial Intelligence (AI) to automate data verification, ensuring that the billions of scans occurring globally are backed by accurate, high-integrity product information. 

“In today’s rapidly changing world, this centre will build the latest tools and apps to support small and medium enterprises, the backbone of India’s economy. By empowering these enterprises amidst digital transformation, we aim to ensure they remain competitive and future-ready,” S. Swaminathan, CEO of GS1 India, said.

Published on April 23, 2026