Category : Corporate News


Microsoft exec sent animal genitalia photos to Epstein

Former Microsoft executive Michael Larson faces scrutiny for sending disturbing animal genitalia photographs to convicted sex offender Jeffrey Epstein in birthday correspondence, following similar controversies involving Bill Gates.

Target Eliminates 1,800 Corporate Jobs in Restructuring

US retail giant Target announces massive corporate workforce reduction of approximately 1,800 positions as part of strategic cost-cutting measures to revitalize business performance and adapt to changing market dynamics.

Target Slashes 1,800 Jobs in Major Restructuring

American retail giant Target Corporation announces its largest job cuts in 10 years, eliminating approximately 1,800 positions in a strategic cost-cutting move that signals changing retail dynamics.

Vedanta, Adani, Jindal, Dalmia Bid For Jaypee Cement

Corporate giants Vedanta, Adani Group, Jindal Power, and Dalmia Bharat are locked in a high-stakes battle to acquire Jaiprakash Associates' cement business through the insolvency process, marking one of India's most significant corporate recovery cases.

Infosys Buyback: Promoters Set for Tax Windfall

Infosys promoters Nandan Nilekani and Narayana Murthy are strategically positioned to save significantly on capital gains tax through the company's latest ₹9,300 crore share buyback. Discover how India's IT giants are leveraging buybacks for optimal wealt

Kiran Mazumdar-Shaw: "I Am a Proud Kannadiga"

Biocon founder Kiran Mazumdar-Shaw delivers powerful response to online trolls questioning her Kannadiga identity, reaffirming her deep roots in Karnataka with inspiring conviction.

India Inc Q2 Revenue Grows 6%: CRISIL Report

CRISIL report reveals India's corporate sector shows 6% revenue growth in Q2 FY24, but IT services and steel sectors face significant slowdown. Discover which industries are driving growth.

Tesla Q3 Profits Miss Estimates Despite Record EV Sales

Tesla's Q3 2024 earnings report reveals profit margins squeezed by global tariffs and production costs, even as electric vehicle deliveries hit record highs. Analysis of what's impacting Elon Musk's automotive giant.

HUL Q2 Profit Soars 38% to ₹2,694 Crore

Hindustan Unilever reports stellar Q2 performance with 38% profit surge to ₹2,694 crore. Discover how strategic pricing and premium portfolio drove this impressive growth in challenging market conditions.

IT Layoffs Rise: Firms Spin Job Cuts as Restructuring

India's IT sector faces turbulent times as major firms implement widespread layoffs while framing them as organizational restructuring. Discover the real impact on employees and the industry's shifting dynamics.

Puerto Rico Utility Bankruptcy Restarts as Board Returns

The Puerto Rico Electric Power Authority's bankruptcy case has been officially reopened after board members returned to their posts, marking a significant development in the territory's ongoing debt restructuring efforts.

Infosys Promoters Skip ₹18,000Cr Buyback

Major Infosys promoters including Nandan Nilekani and Sudha Murty opt out of company's record ₹18,000 crore share buyback, signaling confidence in long-term growth prospects.

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