United Spirits puts RCB under strategic review
United Spirits Ltd, owned by Diageo, places RCB cricket team under strategic review to concentrate on core alcohol business, potentially reshaping IPL landscape and Virat Kohli's franchise future.
Category : Corporate News
Britannia CEO Shake-up: Bawa Out, Berry Returns
Britannia Industries announces major leadership changes with Rajneet Bawa's sudden departure and veteran Varun Berry's return as interim CEO while Rakshit Hargave prepares to take over.
Tesla Board Faces Crucial Vote on Musk's $56B Pay Package
Tesla's board confronts a critical November 6 vote on Elon Musk's controversial $56 billion compensation package, with major shareholder CalPERS publicly opposing the massive payout amid growing investor concerns about corporate governance.
Norway's Wealth Fund Rejects Elon Musk's $56B Tesla Pay
Norway's $1.7 trillion sovereign wealth fund blocks Elon Musk's record-breaking compensation plan at Tesla, citing concerns over excessive pay and governance issues. The decision could significantly impact the upcoming shareholder vote.
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Amazon's Brutal Layoff Email: 'No Longer Required To Work'
An internal Amazon layoff email revealing cold, corporate language sparks outrage as tech giant continues massive job cuts affecting thousands of employees worldwide.
India's Financial Crime Fight Gets FATF Recognition
India achieves major FATF recognition for strengthening anti-money laundering framework and enhancing asset recovery capabilities in financial crime battle.
American Airlines Cuts Hundreds of Jobs at Texas HQ
American Airlines reveals significant workforce reduction at Fort Worth headquarters after reporting disappointing third-quarter results, signaling restructuring amid financial challenges.
IBM Layoffs: Thousands of Jobs Cut in Tech Restructuring
Tech giant IBM announces massive workforce reduction affecting thousands of employees worldwide as company shifts focus toward AI and software growth. Exclusive details inside.
Mehli Mistry won't challenge Tata Trusts removal
Former Tata Trusts member Mehli Mistry chooses not to challenge his removal, demonstrating a dignified exit from the prestigious organization amid ongoing governance reforms.
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IndiGo Profit Dives 94% on Forex Loss, Eyes Global Routes
India's largest airline IndiGo reports 94% profit drop in Q2 as foreign exchange losses hit hard. The carrier now plans aggressive international expansion to counter currency volatility and boost revenue.
Mehli Mistry exits Tata Trusts, urges governance reform
Former Tata Trusts member Mehli Mistry resigns with powerful farewell note urging institutional integrity and governance reforms at India's premier philanthropic organization.
Yum Brands Explores Pizza Hut Sale in US Market
Yum Brands initiates strategic review of Pizza Hut's US operations as sales slowdown prompts potential sale. Fast-food giant explores options for struggling pizza chain.
Tata Trusts vs Mehli Mistry Legal Battle Intensifies
The legal confrontation between Tata Trusts and former trustee Mehli Mistry escalates as new allegations surface about financial irregularities and governance breaches.
Mehli Mistry Exits Tata Trusts Citing Ratan Tata Quote
In a heartfelt resignation, Mehli Mistry steps down from Tata Trusts, quoting Ratan Tata's famous words about institutional loyalty. Exclusive details inside.
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Mehli Mistry resigns from Tata Trusts
In a significant corporate development, Mehli Mistry has resigned from Tata Trusts, expressing his dedication to RNT Associates. Read the exclusive details of his departure letter and what this means for Tata Group.
India's Billionaires: Beyond Inheritance to Innovation
Discover how India's ultra-rich are transforming inheritance into innovation, with billion-dollar fortunes built through strategic planning and visionary execution.
Adani Q2 Profits Soar 130% Despite Coal Trade Dip
Adani Enterprises reports stellar Q2 performance with 130% profit surge to ₹228 crore, driven by airport operations and green hydrogen initiatives, while coal trading faces headwinds.
IndiGo's Cash Reserve Strategy Amid Record Profits
IndiGo reports record profits but signals caution with massive cash reserves. Discover why India's aviation giant is preparing for potential headwinds despite strong quarterly performance.
Berger Paints Q2 Profit Falls 25% Amid Competition
Berger Paints reports disappointing Q2 results with net profit falling 25% to ₹219 crore. Discover how monsoon disruptions and aggressive new competitors are reshaping India's paint industry landscape.
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IndiGo Q2 Loss Widens to ₹2,582 Crore
India's largest airline IndiGo reports widened quarterly losses amid currency volatility and operational challenges. Discover how the weakening rupee impacted their financial performance.
IndiGo's Q2 Nightmare: ₹2,582 Crore Loss
India's largest carrier IndiGo reports massive quarterly loss as foreign exchange turbulence and rising costs ground profitability. Detailed analysis inside.
Adani Q2 Profit Soars 84% Despite Coal Business Challenges
Adani Enterprises reports impressive 84% profit jump in Q2 FY24, though core earnings face pressure from coal business slowdown. Get complete breakdown of financial results.
IndiGo Posts ₹2,582 Crore Q2 Loss on Forex Woes
IndiGo reports massive ₹2,582 crore Q2 loss due to foreign exchange impacts, while revenue climbs 9% year-over-year. Discover how cost pressures are challenging India's largest airline.
Mackenzie Scott donates $640M after Amazon stock sale
Philanthropist Mackenzie Scott makes headlines with one of the largest charitable contributions of 2024, distributing $640 million to 361 Indian and international organizations following major Amazon stock reductions.
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Hinduja Group Chairman Gopichand P. Hinduja dies at 85
Gopichand P. Hinduja, co-chairman of the $50 billion Hinduja Group, dies in London at 85. Remembered as a visionary leader who transformed the family business into a global conglomerate.
Globe Civil Projects Gets Credit Rating Boost from ICRA
ICRA upgrades Globe Civil Projects Limited to [ICRA]A- with stable outlook, signaling strong financial health and growth potential in infrastructure sector.
DoT Approves AGR Waiver for Vodafone Idea & Airtel
In a significant boost for struggling telecom operators, the Department of Telecommunications grants AGR waiver relief to Vodafone Idea and Bharti Airtel, potentially reshaping India's telecom landscape.
Titan Q2: Jewellery Sales Jump 20%, Revenue Up 9%
Tata-owned Titan Company reports stellar Q2 results with 20% jewellery growth and 9% revenue increase, signaling strong consumer confidence ahead of Diwali season.
SpiceJet Appoints Sanjay Kumar as Executive Director from Nov 2025
In a major leadership overhaul, SpiceJet announces Sanjay Kumar's promotion to Executive Director effective November 2025, signaling strategic changes for the airline's future growth and operational excellence.
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SC Clarifies AGR Dues: Vodafone Idea Gets Relief
In a significant development for India's telecom sector, the Supreme Court has provided crucial clarification on AGR dues calculation, offering much-needed relief to Vodafone Idea and reshaping the industry's financial landscape.
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