ACC Q2 Profit Jumps 460% to ₹1,119 Crore
ACC Limited, the cement giant under Adani Group, reports staggering 460% year-on-year profit growth in Q2 FY2024, reaching ₹1,119 crore driven by robust sales and operational efficiency.
Category : Corporate News
Anne Jakrajutatip: Power Meets Heart in Leadership
Discover how Anne Jakrajutatip combines formidable business acumen with genuine compassion to create a new paradigm of inspirational leadership in the corporate world.
Amazon CEO Reveals Real Reason Behind 14,000 Job Cuts
Amazon CEO Andy Jassy explains why the company eliminated 14,000 positions. Discover the truth behind the massive layoffs that's NOT about cost-cutting or AI replacement.
Basant Garg New CMD of Punjab Power Utilities
Punjab government appoints Basant Garg as Chairman-cum-Managing Director of power utilities PSPCL and PSTCL, bringing fresh leadership to state's electricity infrastructure.
Cipla CEO Change: Achin Gupta Succeeds Umang Vohra
Indian pharmaceutical giant Cipla reveals strategic leadership transition with Achin Gupta succeeding Umang Vohra as Global CEO in September 2024, marking a new era for the company.
Urjit Patel resigns from Britannia board
In a significant corporate development, former RBI Governor Urjit Patel has resigned as non-executive director of Britannia Industries. Explore the implications and timing of this unexpected move.
Amazon Layoff Fallout: Viral Post Reveals Hidden Costs
An ex-Amazon employee's emotional X post goes viral, exposing how tech layoffs cost more than just employment - from lost healthcare to visa nightmares. Her story highlights the harsh reality of corporate restructuring.
ITC Q2 Profit Jumps 10% to ₹5,199 Crore
ITC delivers impressive Q2 performance with 10% profit surge to ₹5,199 crore, driven by strong FMCG and hotel segments. Revenue climbs despite cigarette volume pressure. Full analysis inside.
Cognizant Plans India Listing for Higher Valuations
IT giant Cognizant explores potential India listing to tap into domestic investor base and unlock higher valuations in what could be a landmark move for the tech sector.
Adani Power Q2 Profit Dips 12% on Higher Costs
Adani Power reports 12% decline in Q2 net profit to ₹2,906 crore as rising operational costs offset marginal revenue growth. Total income edges up to ₹14,308 crore amid challenging market conditions.
8th Pay Commission: Salary Calculation Formula Explained
Complete breakdown of how the 8th Pay Commission will calculate salaries for central government employees. Learn about the fitment factor formula, expected salary hikes, and implementation timeline.
Govt's Legal Shield: AGR Relief for Vodafone Idea & Airtel
Exclusive insights into the government's legal stance on Supreme Court's AGR dues order. Discover how Vodafone Idea and Bharti Airtel benefit from financial relief measures and the broader implications for India's telecom sector.
ICAI Introduces New Accounting Standards for Indian Companies
The Institute of Chartered Accountants of India introduces groundbreaking accounting standards that will reshape financial reporting for companies across sectors. Learn how these changes will impact transparency and compliance.
Power Discoms Get ₹2.44L Cr Debt Restructuring Package
India's struggling power distribution companies get massive debt relief package with strict reform conditions. Delhi's privatization model expands as states face disinvestment deadlines.
Meta Profits Crash 52% on $16B Trump Tax Charge
Meta Platforms reports staggering 52% profit decline in Q3 earnings, hit by massive $16 billion legal charge from Trump administration legislation. Revenue growth continues despite Reality Labs losses.
Target Zoom glitch adds to tech mishaps during job cuts
Target's recent Zoom malfunction during a crucial employee meeting highlights the company's ongoing technological challenges as it navigates significant workforce reductions.
Elderly Couple Wins Airline Seat Charge Case - New Precedent
An elderly couple's complaint against unfair airline seating charges leads to a groundbreaking ruling that protects all Indian passengers from hidden fees and mandatory premium seat purchases.
Boeing's $5.4B Loss: 777X Delays Deepen Crisis
Aviation giant Boeing faces mounting pressure as 777X program delays trigger massive $4.9 billion charge and $5.4 billion quarterly loss, threatening turnaround efforts.
Priya Kapur leads ₹30,000cr empire amid legal battle
Priya Sachdev Kapur shares exclusive photos from Sona Comstars Chennai plant while continuing Sunjay Kapur's massive business legacy amidst legal dispute with Karisma Kapoor's children.
HPCL-Mittal Energy halts Russian oil imports
HPCL-Mittal Energy Ltd, the joint venture between steel tycoon Lakshmi Mittal and Hindustan Petroleum, suspends all Russian crude purchases citing US sanctions. The move signals growing compliance challenges for Indian refiners.
SAR Televenture's ₹800 Cr Acquisition Shakes Telecom Sector
In a major consolidation move, SAR Televenture announces complete acquisition of Blue Lotus and Whitefield Communications for ₹800 crore, reshaping India's digital infrastructure landscape.
Amazon Slashes 14,000 Corporate Jobs: India Impact
Amazon announces massive workforce reduction of 14,000 corporate positions. Get exclusive insights on how this restructuring will impact Amazon India operations and the broader tech employment landscape.
8th Pay Commission Approved: Big Salary Hikes Coming
Cabinet greenlights 8th Pay Commission terms - Central government employees and pensioners can expect significant salary revisions and pension increases. Latest updates on expected hikes and implementation timeline.
Amazon Layoffs: Employees Fired Via Text Messages
Amazon's latest round of layoffs unfolds dramatically as employees receive termination notices through text messages, raising questions about corporate communication ethics in the tech industry.
8th Pay Commission: Implementation Timeline & Latest Updates
Get the latest updates on the 8th Pay Commission implementation timeline, expected salary hikes for central government employees, and when the final report might be submitted.
BPCL Kicks Off Vigilance Awareness Week 2025
Bharat Petroleum launches Vigilance Awareness Week 2025 with theme 'Integrity: The Foundation of Good Governance,' featuring employee pledges, workshops, and integrity campaigns across all locations.
Amazon India May Cut 1,000 Jobs in Global Restructuring
Amazon's massive global layoffs hit India operations, potentially affecting 1,000 employees across multiple departments including AWS and HR. Get exclusive details on which teams face the biggest impact.
UPS Axes 48,000 Jobs in Major Restructuring Move
Global logistics giant UPS announces massive workforce reduction of 48,000 jobs amid Amazon business decline, Trump-era tariff impacts, and strategic profit-boosting measures. Exclusive analysis.
Noel Tata blocks Mistry's return to Tata Trusts
In a major corporate showdown, Noel Tata and two other trustees have blocked Cyrus Mistry's reappointment to Tata Trusts, escalating the ongoing battle for control over India's premier philanthropic organization.
SJVN Employees Take Integrity Pledge in Vigilance Week
SJVN Limited's workforce across Himachal Pradesh and nationwide participated in a mass integrity pledge ceremony, reinforcing their commitment to transparency and ethical practices during Vigilance Awareness Week 2023.
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