First Brands Sues Ex-Exec & Creditor for $2.9B Fraud
Bankrupt First Brands Group sues ex-executive Edward James and creditor Onset Financial, alleging a $2.9 billion fraud scheme. Read the full details of the lawsuit.
Category : Corporate News
Bill Gates donates $7.88B to Melinda's charity post-divorce
Bill Gates makes a massive $7.88 billion donation to Melinda French Gates' Pivotal Philanthropies Foundation in 2024, one of the largest public charitable gifts ever. Explore the details behind this historic transfer and the couple's split.
Mysuru: Pensioners protest BSNL Pension Act 2025 amendments
NCCPA members staged a protest in Mysuru against the Union govt's amendments to the Pension Act 2025, demanding implementation from 1972 and condemning cuts to TA, DA benefits.
Parth Jindal Appointed Chairman of Akzo Nobel India
Akzo Nobel India appoints Parth Jindal as Chairman following JSW Paints' majority stake acquisition. Rajiv Rajgopal re-designated as Joint MD & CEO from 2026. Read the full corporate leadership reshuffle details.
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Amazon Forte Review: Employees Must List Accomplishments
Amazon mandates corporate staff to submit 3-5 specific accomplishments for Forte performance reviews, impacting pay. This shift reflects CEO Andy Jassy's push for a disciplined workforce.
PHDCCI Proposes Green Bank in Upcoming Union Budget
Industry body PHDCCI suggests a dedicated Green Bank in the Union Budget to channel private capital into renewable energy, EVs, and green tech. Read key recommendations.
Radha Group Wins Arbitration Case Against Toyota Kirloskar Motor
Radha Group secures a major arbitration award against Toyota Kirloskar Motor after the Supreme Court-appointed arbitrator ruled the dealership termination illegal. Read the full story.
GM's $6B EV Writedown Amid US Policy Shift
General Motors announces a massive $6 billion charge due to EV production cuts, bringing total losses to $7.6 billion. Read how US policy changes under Trump are reshaping the auto industry.
Apple CEO Tim Cook Earns $74.3 Million in 2025
Apple CEO Tim Cook's total compensation for 2025 reached $74.3 million, a slight dip from 2024. See the full breakdown of his salary, stock awards, and how other Apple executives fared.
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Kedar Lele named Haleon India Subcontinent President
Haleon appoints Kedar Lele as new India Subcontinent President. Ex-Castrol MD to drive growth for Sensodyne, Crocin maker. Read his strategy for 2030.
After-Hours Work Calls: Boomers vs Gen Z on Feeling Valued
A new survey shows 88% of Baby Boomers feel valued by after-hours contact, but 79% of all employees fear repercussions for not responding. Explore India's 'always-on' work culture clash and the push for a Right to Disconnect.
Apple 2026 AGM on Feb 24: Votes on Cook Pay, China Ties
Apple's 2026 shareholder meeting on Feb 24 will vote on re-electing board, Tim Cook's $74M pay, and a proposal to audit China manufacturing links. Read the full agenda.
Vi AGR Dues Frozen at Rs 87,695 Crore, Repayment Plan Set
Vodafone Idea gets crucial AGR relief with dues frozen at Rs 87,695 crore. New payment plan spans until 2041, easing cash flow and aiding fundraising. Read the full details.
Manager's Food Over Laptop Blunder Goes Viral
Siddharth Maheshwari's office potluck mistake—bringing food but forgetting his laptop—became a viral social media hit, showcasing relatable and positive leadership. Read the heartwarming story.
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Reliance May Resume Venezuelan Oil Purchases, Awaits US Clarity
Reliance Industries may resume buying Venezuelan crude if sales to non-US firms are permitted. This move could offer India a discounted, politically acceptable oil source amid pressure to cut Russian imports. Read more.
TSMC Q4 Revenue Jumps 20%, Tops Forecasts
TSMC, the world's top chipmaker, is set to surpass Q4 revenue forecasts with a 20.45% YoY surge to T$1,046.08 bn, driven by AI demand. Full results due Jan 15.
TCS bets big on deals, data centres, AI to woo investors
Tata Consultancy Services is making aggressive moves with acquisitions, AI, and data centres to shed its staid image. Will this $8.2 billion strategy convince a sceptical market? Read the full analysis.
Apple retains board leaders Levinson, Sugar by waiving age cap
Apple's board waives its 75-year age limit, allowing Chairman Art Levinson and Ron Sugar to seek re-election. The move highlights their crucial expertise for the tech giant's future. Read more.
Zoho Founder's $1.7B Divorce Bond Order Disputed
Zoho founder Sridhar Vembu's US attorney refutes a $1.7 billion bond order in his divorce case, calling it invalid and based on old, misleading claims. Read the full details.
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Amazon's New Performance Review: List 3-5 Accomplishments
Amazon changes its annual review process, 'Forte', to focus on specific employee accomplishments and measurable outcomes. This shift impacts compensation and reflects a tougher stance in tech. Read more.
BHEL Wins Rs 4,000 Crore Order from BCGCL, Stock Rises
Bharat Heavy Electricals Ltd (BHEL) stock surged after securing a major Rs 4,000 crore order from BCGCL for a coal gasification project. Read about the deal's impact and market reaction.
Vodafone Idea AGR Dues Frozen, ₹744 Cr Annual Outgo
Vodafone Idea gets breather as DoT freezes AGR dues till FY19. Annual payment capped at ₹124 crore for six years from 2026. Shares surge 7.8%. Read full details.
Pune's ISR Changemaker's Circle Fosters CSR Collaboration
Times Foundation & M3M Foundation's ISR Changemaker's Circle in Pune united CSR leaders & NGOs to discuss actionable social impact. Discover key insights on critical thinking & education.
New Indian Airlines: Only FlyExpress Got Recent NOC
Civil Aviation Minister's post raised hopes for new airlines, but a closer look reveals only FlyExpress got a December NOC. Shankh Air and Alhind Air cleared earlier. Analysis shows financial and legal hurdles for these startups.
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Thiruvananthapuram Railway Sees 12% Rise in Passenger Earnings
Thiruvananthapuram railway division records a 12% surge in passenger revenue and 5.88% parcel growth in 2025. Punctuality stays above 90%. 29 staff win Rail Seva Puraskar. Read more.
Indian Conglomerates' 2025 Boom: M&As, Capex Drive Growth
India's top conglomerates like Reliance, Tata, and Adani dominated 2025 with record M&As and capital expenditure. Experts analyze if the growth is sustainable for 2026 amidst overleveraging and succession risks. Read more.
Stonepeak, Mitsui eye $1.4B stake in India's AM Green
US-based Stonepeak is in advanced talks to acquire up to 15% in AM Green for a $1.4B equity valuation. Japan's Mitsui also explores a stake as India's green energy sector attracts massive global investment. Read more.
SEIL to build ₹20 crore hospital in Nellore, marks foundation day
SEIL Energy India Limited marks its foundation day with a Bhoomi Pooja for a new ₹20 crore hospital in Nellore. GM Janmejaya Mahapatra reaffirms commitment to CSR and employee welfare. Read more.
Judge Allows HPE-Juniper Integration Amid Antitrust Challenge
A US judge permits Hewlett Packard Enterprise to continue integrating Juniper Networks, rejecting a bid by Democratic-led states to pause the deal over antitrust concerns. Read the full story.
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Saks Global in Crisis After Costly Neiman Marcus Merger
The $2.7 billion luxury retail merger of Saks and Neiman Marcus has led to a debt crisis, delayed vendor payments, and potential bankruptcy. Discover the inside story of the failed deal.
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