IndiGo Names William Walsh CEO After Elbers Exit
IndiGo has appointed William Walsh as its new CEO, replacing Pieter Elbers who stepped down amid a flight cancellation crisis. The move aims to restore stability and passenger confidence.
Category : Corporate News
Core4 Engineers Files DRHP with BSE SME for IPO
Core4 Engineers Limited has submitted its Draft Red Herring Prospectus to BSE SME, marking a significant step towards its initial public offering. The company specializes in engineering services.
Magnum Acquires 61.9% Stake in Kwality Wall's
Magnum Ice Cream has acquired a 61.9% stake in Kwality Wall's through a Share Purchase Agreement executed on June 25, 2025, involving key entities like The Magnum Ice Cream Company Netherlands BV and Unilever PLC.
IBBI Suspends Insolvency Professional in Supertech Case
The Insolvency and Bankruptcy Board of India has suspended the registration of an insolvency professional in the Supertech case, citing multiple regulatory lapses and failures in duty.
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Grab Raises Fuel Surcharge to SGD 0.90 Per Trip
Ride-hailing giant Grab announces a fuel surcharge hike to SGD 0.90 per trip in Singapore, effective immediately, citing global fuel price volatility and operational costs.
Leadership Shift: From Manager to Mentor in Modern Workplaces
The traditional concept of a boss as a manager is fading as employees now seek mentors who guide growth. Experts reveal how this shift impacts retention, innovation, and team resilience in 2025-2026.
Unilever, McCormick Near $60B Food Business Deal
Global giants Unilever and McCormick are in final negotiations to form a joint venture valued at $60 billion, merging their food portfolios to create a dominant player in the packaged foods industry.
IT Bench Strength Drops 25% as Firms Tighten Workforce Utilization
Major Indian IT firms like TCS, Infosys, and Wipro have reduced bench strength by 25% over two years, with numbers falling from 300,000 to 225,000. Experts cite slower growth and a shift toward AI and cloud skills as key drivers, indicating a permanent ch
Airtel Invests $1B in Nxtra Data with Alpha Wave, Carlyle
Bharti Airtel announces a $1 billion investment in Nxtra Data, its data center subsidiary, with Alpha Wave, Carlyle, and Anchorage. This strategic move aims to expand digital infrastructure and boost India's data center capacity.
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Verse Innovation Appoints P.R. Ramesh as Independent Director
Verse Innovation, the parent company of Dailyhunt and Josh, has appointed P.R. Ramesh as an Independent Director and Chair of its Audit Committee to enhance corporate governance ahead of its next growth phase.
Yamaha Music India Signs A.R. Rahman as Brand Ambassador
Yamaha Music India has announced the appointment of Oscar-winning composer A.R. Rahman as its brand ambassador. This strategic partnership aims to inspire musicians and promote music education across the country.
SF Holding 2025 Results: Record Profit and Shareholder Gains
SF Holding announced its 2025 annual results, achieving record profitability and enhanced shareholder returns, driven by strategic growth and operational efficiency.
Noida Airport Inauguration Sparks Job Fears for Local Workers (31.03.2026)
As Noida International Airport is inaugurated, local youths in Jewar face uncertainty over their futures. Contract workers, employed in roles from housekeeping to welding, fear job losses as the first phase wraps up, with no permanent positions or medical
Nagpur Firm Hijacks 50,000 MT LPG from China-Bound Ships in Arabian Sea
Confidence Petroleum Ltd executed a bold mid-voyage buyout, diverting two vessels carrying 50,000 MT of cooking gas from China to India by paying a hefty premium, providing crucial supply relief.
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Airtel's Nxtra Gets $1B Investment for Data Centre Growth
Bharti Airtel announces a $1 billion investment from Alpha Wave Global, Carlyle, and Anchorage Capital in its subsidiary Nxtra Data, aimed at scaling data centre infrastructure and capturing market share in India's booming sector.
Lok Sabha Passes Insolvency Amendment Bill to Tighten Timelines
The Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2024, aiming to expedite resolution processes and enhance creditor control in corporate insolvency cases.
Air Canada CEO to Retire After Language and Accident Controversy
Air Canada CEO Michael Rousseau will retire by Q3 2025 following criticism over his handling of communications after a fatal accident and language issues in bilingual Canada.
Vedanta Moves SC Over Adani's JAL Takeover
Vedanta Group has filed a plea in the Supreme Court challenging the proposed takeover of Jaiprakash Associates Ltd by Adani Enterprises, claiming it was the highest bidder unfairly rejected by lenders.
CAG Audit Finds ₹1,400 Crore Losses at Singareni Collieries
A CAG audit reveals serious lapses at Singareni Collieries, including flawed contracts, weak oversight, and avoidable financial losses totaling over ₹1,400 crore in mining operations.
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Flipkart Appoints Smita Ojha, Amit Sharma as Vice Presidents
Flipkart has announced the strategic appointments of Smita Ojha and Amit Sharma as Vice Presidents to enhance technology scaling and execution frameworks for long-term growth.
Meta Loses $310B in Market Cap on AI and Legal Risks
Meta's market value plummeted by over $310 billion in March as investor confidence wanes due to heavy AI spending and rising legal liabilities, with shares down 19% this month.
Indian Vessels Monitored, 8 Sailors Return Safely: Ministry
The Shipping Ministry of India has implemented comprehensive monitoring for all Indian vessels and crew, with eight sailors recently returning safely from international waters.
Akasa Air Adds Two Boeing 737 MAX, Fleet Up 35% in a Year
Akasa Air has integrated two additional Boeing 737 MAX 8 aircraft into its fleet, boosting its total to 24 planes and achieving a 35% growth over the past year. This expansion supports the airline's strategy to enhance domestic and international connectiv
Big 4 Employee Refuses Weekend Work, Sparks Reddit Debate
A new hire at a Big 4 firm ignited a viral Reddit discussion by refusing mandatory weekend work, highlighting burnout and work-life balance issues in India's corporate culture.
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Philip Morris India Certified Great Place to Work Fifth Year
Philip Morris India has been certified as a Great Place to Work for the fifth consecutive year, recognizing its strong workplace culture and employee-centric policies in the Indian market.
CNBC India Launches New Logo and Brand Refresh
CNBC India has unveiled a new logo and refreshed its brand identity across its network, including TV and digital platforms, to modernize its look and enhance viewer engagement.
KitKat Heist: 12 Tonnes Stolen in Europe, Memes Erupt
Nestle confirms 12 tonnes of KitKat bars stolen from factories in Italy and Poland. The company is investigating with authorities, assuring supply safety and tracing stolen goods via batch codes. Social media erupts with memes about the chocolate heist.
Viraj Profiles Launches Indradhanu CSR with Boisar Medical Camp
Viraj Profiles, a leading manufacturer, has launched its CSR program 'Indradhanu' with a medical camp near Boisar, Maharashtra, offering free health services to the local community.
Vedanta's Agarwal Claims Jaypee Bid Reversal After Confirmation
Vedanta Chairman Anil Agarwal asserts the company reversed its bid for Jaypee Group assets despite written confirmation, sparking analyst scrutiny over the rationale behind this strategic shift.
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Gurgaon EOW Files FIR in Rs 2.19 Crore Renewable Energy Fraud
Economic Offences Wing registers FIR for alleged Rs 2.19 crore fraud at ReNew Private Limited involving fake invoices and kickbacks. Four accused named, including an employee of a third-party service provider.
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