Spotify Beats Q1 Forecasts, Shares Up 16% on User Growth
Spotify forecasts Q1 earnings above estimates, driven by price hikes and user growth. Shares rise 16% as new leadership focuses on AI features and market expansion.
Category : Corporate News
Cisco CEO Calls Internal Promotion Interviews 'Stupid'
Cisco CEO Chuck Robbins argues traditional interviews for internal promotions are ineffective, suggesting daily work performance should be the real evaluation metric for career advancement.
Reliance Buys Southern Health Foods for Rs 156 Crore
Reliance Retail Ventures Limited has acquired Southern Health Foods, the maker of NutriGold brand, for Rs 156 crore to expand its presence in the health and wellness segment.
IndiGo: Adequate Pilot Pool as DGCA Duty Norm Relaxations End
IndiGo states it has sufficient pilots to ensure smooth operations as DGCA's temporary relaxations on flight duty norms conclude. The airline faced major disruptions in December, leading to penalties and oversight.
Servier Aims €500M Global Sales via India Drug Tie-Ups
French pharmaceutical innovator Servier announces €15 million investment in India to develop single-pill combinations for global markets, projecting €500 million in sales by 2030 through strategic partnerships with local manufacturers.
Adani Enterprises Under Third US Investigation for Iran Ties
Adani Enterprises reveals a US Treasury agency is investigating potential transactions involving Iranian petroleum products under sanctions, marking the third parallel US probe into the conglomerate.
Understanding Business Challenges: A Strategic Guide
Explore the essential steps to identify and address business challenges effectively, from defining problems to implementing solutions for sustainable growth.
DPIIT Launches Action Plan for Business Reforms
The Department for Promotion of Industry and Internal Trade has launched the Business Reforms Action Plan to improve India's ease of doing business. The World Bank's B-Ready assessment is scheduled for 2026.
TVS Supply Chain Q3 Profit Hits Rs 18.02 Crore
TVS Supply Chain Solutions Ltd reported a Q3 PAT of Rs 18.02 crore, reversing last year's loss, with revenue up 11.1% to Rs 715.81 crore driven by ISCS growth and GFS recovery.
DP World CEO's Epstein Emails Reveal Sexual Content, Video Claims
Newly released DOJ documents reveal decade-long email correspondence between DP World CEO Sultan Ahmed bin Sulayem and convicted sex offender Jeffrey Epstein, containing graphic sexual discussions and alleged torture video exchanges.
NLRB Drops SpaceX Labor Case Over Jurisdictional Issues
The National Labor Relations Board has dismissed its two-year case against SpaceX over the firing of eight engineers, citing jurisdictional authority lies with the National Mediation Board instead.
DP World CEO's Epstein Links Revealed in Justice Files
Newly released documents show DP World CEO Sultan Ahmed bin Sulayem maintained contact with Jeffrey Epstein for over a decade after his 2008 conviction, including disturbing email exchanges.
Torrent Power Q3 Profit Jumps 34%, Declares ₹15 Dividend
Torrent Power reported a 34% YoY surge in Q3 net profit to ₹655 crore, driven by gas plants and renewables. Revenue grew 4.3% to ₹6,778 crore, with a ₹15 interim dividend declared.
Morgan Stanley's Grimes Returns for SpaceX IPO
Michael Grimes rejoins Morgan Stanley as chairman of investment banking to lead SpaceX's potentially record-breaking IPO, leveraging his long-standing relationship with Elon Musk.
Forbes Top Billionaire Donors: Buffett Leads, Musk Trails
A Forbes review highlights Warren Buffett as the top donor among US billionaires, with $68.3 billion given, while Elon Musk and Jeff Bezos lag in charitable contributions relative to wealth.
Eicher Motors Q3 Profit Jumps 21.5%, Revenue Up 23%
Eicher Motors reports strong Q3 results with profit rising 21.5% YoY to ₹1,420 crore, surpassing analyst estimates. Revenue also grows by 23% year-over-year.
Zuckerberg Buys $200M Miami Mansion in Tax Exodus
Meta CEO Mark Zuckerberg and wife Priscilla Chan are purchasing a waterfront estate on Miami's exclusive Indian Creek island for up to $200 million, joining other Silicon Valley billionaires fleeing California's proposed wealth tax.
Tesla VP Raj Jegannathan Resigns After 13 Years
Tesla Vice President Raj Jegannathan resigns after 13 years, sharing his journey from IT veteran to AI leader at Elon Musk's EV giant. Learn about his career and insights.
Indian Family Firms Upbeat on Growth, Hesitant on Tech: PwC
A PwC report reveals 91% of Indian family businesses are confident about future success, far exceeding the global average of 73%. However, tech investment remains cautious despite strong growth projections.
Mukul Agarwal, Sunil Singhania Buy Stake in YAAP Digital Pre-IPO
Prominent investors Mukul Agarwal and Sunil Singhania have strategically purchased stakes in YAAP Digital Limited ahead of its upcoming initial public offering, signaling strong market confidence in the company's future prospects.
Sony India Launches Wildlife-Focused Brand Campaign
Sony India introduces a new brand campaign 'Think Wildlife, Think Sony' to promote its products through wildlife imagery, aiming to enhance brand visibility and connect with nature enthusiasts.
MidasX Hits Record Quarter, SaaS Unit Cash Flow Positive
MidasX has achieved its best quarterly performance since inception, posting a 30% year-on-year growth. The company's SaaS vertical has turned cash flow positive, marking a significant milestone in its financial journey.
India's ECB at $44.36B in Dec, Air India & IndiGo Lead
India's external commercial borrowings surged to $44.36 billion in December, with Air India and IndiGo emerging as major aviation sector borrowers, reflecting robust corporate funding activity.
Elon Musk: 'Pixie Dust' Resumes Are a Trap, Here's How I Hire Now
Tesla and SpaceX CEO Elon Musk opens up about his early hiring mistakes, warning against 'pixie dust' resumes. He now prioritizes the 'wow factor' and evidence of exceptional ability in candidates.
IVCA Summit 2026 to Highlight Growth of Control PE Deals in India
The IVCA Buyouts Summit 2026 will focus on the rapid expansion of control-led private equity deals in India, showcasing trends and opportunities in the evolving investment landscape.
Elon Musk Hiring: Resumes Don't Matter, Conversation Does
Elon Musk reveals he barely reads resumes when hiring. He prioritizes a candidate's conversational spark and proof of exceptional ability within the first 20 minutes of an interview.
Reddit Post: Leave Request Leads to Sudden Resignation
A Reddit user's WhatsApp conversation with their manager over a leave request escalated into an immediate resignation, highlighting workplace power dynamics and remote work challenges in India.
IndiGo's Legal Battles: Competition Probe, Passenger Agony, Pilot Fatigue
IndiGo confronts multiple legal challenges including a CCI probe for alleged price gouging, Delhi High Court PILs on passenger compensation, and safety norm relaxations amid pilot fatigue concerns.
Tesla VP Raj Jegannathan Ends 13-Year Tenure
Tesla Vice President Raj Jegannathan has resigned after nearly 13 years, announcing his departure via LinkedIn. His exit comes as Tesla faces sales pressure, leadership changes, and major AI investments.
Ramco Cements Struggles with Weak Profitability, Market Share Loss
Ramco Cements' weak Q3FY26 results, marked by declining profitability and market share loss in South India, have led brokerages to downgrade earnings estimates. The company's efforts to woo investors face headwinds from regional overcapacity and stiff com
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