Category : Corporate News


Paramount Cuts 1,000 Jobs in Major Restructuring

US media giant Paramount Global initiates major restructuring with 1,000 job cuts amid potential Skydance merger. Get exclusive details on the layoff strategy and what's next for the entertainment industry.

SC Grants Vodafone Idea Relief in AGR Dues Case

In a significant development, the Supreme Court has directed the Centre to reconsider Vodafone Idea's AGR dues, providing crucial breathing space to the struggling telecom giant. Get the complete breakdown of this game-changing verdict.

Amazon Plans 30,000 Corporate Job Cuts

Amazon is reportedly planning significant corporate job cuts affecting up to 30,000 employees across various divisions, marking one of the largest workforce reductions in tech history.

CPCL Posts ₹732Cr Q2 Profit in Major Turnaround

Chennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.

Private Credit Lenders Acquire Controlling Stake in Netceed

In a dramatic financial takeover, private credit lenders have acquired controlling stake in Netceed, marking a significant shift in telecom infrastructure ownership and signaling growing private credit influence in corporate acquisitions.

SC Lets Centre Examine Vodafone Idea's AGR Plea

In a significant development for India's telecom sector, the Supreme Court has permitted the central government to examine Vodafone Idea's petition challenging the Department of Telecommunications' massive AGR dues. This decision could shape the future of

Supreme Court grants Vodafone Idea AGR relief

In a crucial development for India's telecom sector, the Supreme Court grants Vodafone Idea additional time to clear AGR dues, providing much-needed breathing space for the struggling operator.

Ex-CJI Ramana to arbitrate Hero Energy dispute

Ex-CJI N.V. Ramana appointed as arbitrator in high-stakes legal battle over compensation between former CEO of Hero Future Energies and the company, involving cash relief versus ESOPs dispute worth crores.

Uncle Nearest Whiskey Faces Bankruptcy Crisis

Uncle Nearest Premium Whiskey, the acclaimed Black-owned spirits company, faces severe financial distress with potential Chapter 11 bankruptcy filing amid mounting debt and legal battles.

HLL Lifecare Pays Record ₹69.5 Crore Dividend

HLL Lifecare, a Mini Ratna PSU, creates history by paying its highest-ever dividend of ₹69.5 crore to the government for FY 2024-25, showcasing exceptional financial performance and governance.

Govt Plans 26% Ad Rate Hike for Print Media

In a significant move to support print media, the Indian government is considering a substantial 26% increase in advertisement rates, providing much-needed relief to newspapers and publications.

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