Berkshire Under New CEO Greg Abel Shakes Up Portfolio
Berkshire Hathaway's new CEO Greg Abel has tripled the stake in Alphabet and sold Amazon shares, breaking Warren Buffett's traditional tech investing rules.
Category : Corporate News
Karnataka Private Bus Fares to Hike 10-20% from May 20
Karnataka private bus fares will rise by 10-20% from May 20. Transport Minister Ramalinga Reddy clarified that only operators with All India Tourist Permits are increasing fares.
PFC and REC boards clear merger proposal, seek President nod
State-run power financiers PFC and REC have cleared a merger proposal, with REC to be absorbed into PFC. The share exchange ratio is yet to be finalized, and the merger is targeted for April 1, 2027.
Nagpur Hospital Fire: Flyover Construction May Have Caused Short Circuit
A fire at Daga Memorial Govt Women's Hospital in Nagpur endangered 10 newborns. Preliminary inquiry suggests electrical overloading from nearby flyover construction. NHAI denies allegations.
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Fuel Rationing Hits Pune Petrol Pumps Amid Demand Surge
Pune fuel dealers report supply constraints as oil companies ration petrol and diesel amid panic buying and rising demand, with IOCL supplies halved.
PMC to Build Ramp from SB Road to University Flyover
The Pune Municipal Corporation will construct a ramp connecting Senapati Bapat Road to the University Chowk flyover, allowing direct access to Baner and Pashan without crossing the busy junction, aiming to reduce traffic delays.
Chandigarh Flyover Project Faces Growing Criticism Over Traffic Relief
Nearly a decade after its conception, the Chandigarh Industrial Area flyover faces sharp criticism as doubts mount on its ability to ease congestion at one of the city's busiest junctions.
Gig Workers' Protest Disrupts Hyderabad Services
App-based transport and delivery services faced mild disruption in Hyderabad after over 1.5 lakh gig workers protested against rising fuel prices and stagnant payouts.
Vizag review scam: 20 duped, lose Rs 42 lakh
Scammers lured victims into writing restaurant reviews on social media, then invested in the rating business before making off with their money. Over 20 people in Vizag lost Rs 42 lakh.
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India Imposes Import Curbs on Silver
The Indian government has imposed import restrictions on silver to encourage domestic production and reduce reliance on foreign supplies, effective immediately.
Vodafone Idea posts Rs 51,970 crore profit in Q4 FY26
Vodafone Idea reported a net profit of Rs 51,970 crore in Q4 FY26, driven by a one-time AGR relief gain, compared to a loss of Rs 7,166 crore last year. Promoter Aditya Birla Group also infused Rs 4,730 crore.
Chhattisgarh Earns 'High Performer' Tag in LEADS 2025
Chhattisgarh has been recognized as a 'high performer' among landlocked states in the LEADS 2025 report, boosting its logistics and investment appeal alongside Haryana and Telangana.
Growth Catalyst Group Appoints Maia Benson as CCO
Growth Catalyst Group has named Maia Benson as its new Chief Commercial Officer. With extensive experience, she will lead commercial strategy and growth initiatives globally.
Aspect Global Ventures Acquires TDIL Through NCLT
Aspect Global Ventures has successfully acquired TDIL through the NCLT resolution process, marking a significant corporate turnaround and expansion in the tech sector.
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HIMUDA Targets Rs 250 Crore Turnover: Himachal Minister
Himachal Pradesh Minister announces HIMUDA's plan to double its turnover to Rs 250 crore through new projects and improved efficiency in housing and infrastructure development.
Housing Sales in 8 Major Indian Cities Dip 2% in Q1 2026
Housing sales across eight major Indian cities fell 2% year-on-year to 95,973 units in Q1 2026, with affordable housing demand slowing. Bengaluru, Hyderabad, and Chennai saw growth, while Mumbai, Pune, and others declined.
Joan Kroc's $2B Donation Built Community Centers in US
Joan Kroc's $2 billion donation to the Salvation Army built Kroc Centers across the US, providing recreation, education, and community services that continue to impact millions.
Lux Champion Names Sidharth Malhotra Brand Ambassador
Lux Champion appoints Sidharth Malhotra as brand ambassador to promote its new line of comfortable and stylish innerwear. The collaboration aims to redefine men's fashion with innovative designs.
Housing Sales Resilient Amid Price Rise; Bengaluru Leads Demand Surge
Despite rising property prices, housing sales remain resilient across India, with Bengaluru leading the demand surge, as per a PropTiger report.
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CCPA Notices to E-Commerce Firms Over Pesticide Sale
The Central Consumer Protection Authority has issued notices to Amazon, Flipkart, Meesho, and JioMart for allegedly selling Cyclosinone Herbicide in violation of regulations, following a complaint by the Crop Care Federation of India.
GE-Marketplace Marks 9 Years: Boosts Digital Procurement
The Government e-Marketplace (GeM) celebrates nine years of digital procurement, driving inclusion for MSMEs and startups with over Rs 4 lakh crore in transactions.
PK Mishra Warns Against Financial Markets Disconnected from Real Economy
Principal Secretary to PM Modi, PK Mishra, cautioned that financial systems must stay connected to the real economy and citizens' lives, warning against excessive speculation and market instability.
Starbucks Lays Off 300 US Roles in Restructuring
Starbucks cuts 300 US jobs, consolidates offices, and reviews international support as part of CEO Brian Niccol's turnaround strategy targeting durable, profitable growth.
India's D2C Boom Sparks Naming Crisis: Experts Offer Fix
The surge of D2C brands in India has led to a naming crisis. Branding experts suggest a solution involving strategic trademark searches and creative naming to stand out.
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Wheels India Posts Robust FY26, Capex of Rs 280 Crore Planned
Wheels India reported a 16% revenue rise to Rs 5,124 crore in FY26, with net profit up 31%. Despite global uncertainties, it plans Rs 280 crore capex for FY27.
Career Compass Conclave at CII Chandigarh Redefines Readiness
The Career Compass Conclave at CII Chandigarh united educators and industry leaders to redefine career readiness for students, focusing on skill development and industry-academia collaboration.
Liquid King Aryan Anna Group Expands Global Markets
The Liquid King Aryan Anna Group announces expansion into global financial markets, strengthening its international footprint with new offices and services.
Fuel Price Hike to Make Biryani, Burgers 5-10% Costlier
Fuel price hikes will raise restaurant and delivery food costs by 5-10% from next week, as LPG shortages and Middle East conflict add pressure. Industry braces for impact.
Cellecor Reports INR 1292 Cr Revenue, 28% Profit Growth
Cellecor Gadgets Ltd announced strong financial results for FY25-26 with revenue of INR 1,292 crore and 28% profit growth, driven by retail expansion and product diversification.
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Fuel Price Hike Fails to Boost OMC Stocks, Analysts See More Increases Ahead
Despite a hike in retail fuel prices, oil marketing company stocks fell as analysts say the increase is insufficient to cover daily losses. More price hikes are expected.
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