Zero Women Directors in 179 Public Sector Companies: Data
Shocking government data shows not a single woman director in 179 government-owned companies and public sector enterprises, despite Companies Act requirements.
Category : Corporate News
78-Year-Old DoorDash Driver Raises $1M, Plans Return
Richard Pulley, a 78-year-old DoorDash driver from Tennessee, raised nearly $1 million on GoFundMe after his story went viral. Despite the funds, he plans to return to work, citing the value of staying active and useful.
India's Oil Reserves Two-Thirds Full Amid Middle East Crisis
Union Minister Suresh Gopi reveals India's strategic petroleum reserves are about 66% full, providing a crucial buffer as Middle East conflicts disrupt crude oil, natural gas, and LPG supplies to the nation.
11 Airlines Exited in 10 Years Due to Financial Stress: Govt
The Indian government has disclosed that 11 airlines ceased operations over the past decade, primarily due to financial stress and internal issues, highlighting challenges in the aviation sector.
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Magic Bus India Foundation Earns Great Place To Work® Certification Sixth Year
Magic Bus India Foundation has been awarded the Great Place To Work® Certification for the sixth consecutive year, highlighting its commitment to a values-driven workplace culture focused on passion, integrity, and collaboration.
Accenture AI Strategy Drives 8% US Revenue Growth, Record Bookings
Accenture's aggressive AI pivot fuels an 8% revenue surge in the US and record $22.1 billion bookings in Q2 FY2026, with stock rising as CEO Julie Sweet highlights enterprise integration.
John Ternus: Apple's Likely Next CEO After Tim Cook
Apple is preparing for Tim Cook's eventual departure, with John Ternus, SVP of Hardware Engineering, emerging as the frontrunner. Known for his technical expertise and product focus, Ternus faces challenges in AI.
Corporate Laws Amendment Bill 2026 Introduced in Lok Sabha
The Corporate Laws Amendment Bill 2026 has been introduced in the Lok Sabha and referred to a Joint Parliamentary Committee for detailed scrutiny, aiming to modernize India's corporate legal framework.
Leo Dryfruits & Spices Lands Rs.750+ Cr Haldiram Deal
Leo Dryfruits & Spices Trading Limited announces a 5-year supply agreement with Haldiram, projecting over Rs.750 crore in revenue. The deal marks a strategic shift to value-added processing.
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Vivid Electromech IPO Opens March 25, 2026 for ₹130.53 Cr
Vivid Electromech Limited's IPO opens on March 25, 2026, aiming to raise ₹130.53 crores. The company manufactures electric panels for data centers and renewable energy sectors.
Healthcare Acquisition Completed: Shares in Focus
A major healthcare acquisition has been finalized, putting the company's shares under investor scrutiny as it aims to strengthen its market position and diversify services.
PMO Seeks Clarity on Rs 8,800 Crore CAFE Penalty Recovery
The Prime Minister's Office has directed the power and road transport ministries to clarify procedures for recovering penalties from carmakers failing to meet fuel efficiency norms, with Rs 8,800 crore pending from CAFE 2.0 violations.
Railways Hike Kilometrage Allowance 25% for Staff
Indian Railways has increased Kilometrage Allowance and ALK by 25% effective January 2024, benefiting over 200,000 running staff including loco pilots and guards.
BMC's Deonar Abattoir Modernization Gets Only One Bid for Rs 980-Crore Tender
BMC's ambitious Rs 980-crore tender for modernizing Mumbai's Deonar abattoir complex has attracted only one bid after multiple deadline extensions, raising questions about project viability and implementation.
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I-T Raid on Gujarat Chemical Group Enters Day 3, Spreads
The Income Tax Department's search on an Ahmedabad-based chemical group continues for the third day, uncovering bank accounts and lockers. Operations have expanded to Vadodara, with seizure figures pending.
L&T: Only 5% of West Asia Projects Affected by Conflict
Larsen & Toubro states that 95% of its Middle East operations continue normally despite regional tensions, with all employees safe and supply chains adapting.
Vedanta Appeals NCLT Approval of Adani's JAL Bid
Vedanta Group has filed an appeal with NCLAT against the NCLT's approval of Adani Enterprises' Rs 14,535 crore bid for Jaiprakash Associates Ltd, citing competitive concerns in the insolvency process.
Corporate Laws Amendment Bill in Lok Sabha Monday
The Corporate Laws (Amendment) Bill, 2026, will be introduced in the Lok Sabha on Monday by Finance Minister Nirmala Sitharaman. The bill aims to amend the Companies Act and LLP Act to ease compliance burdens, decriminalize minor offences, and incorporate
National DMF Summit 2026 Aims to Boost Mining-Area Development
Union Minister G Kishan Reddy will inaugurate the two-day National District Mineral Foundation Summit in New Delhi, focusing on effective fund utilisation in ADP and ABP areas for sustainable development.
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Vedanta Appeals NCLT Nod to Adani's Jaiprakash Bid
Vedanta Group has filed an appeal with NCLAT against the NCLT's approval of Adani Enterprises' Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd, intensifying the corporate takeover battle.
West Asia Conflict Hits Indian Firms with Supply Chain Woes
Indian companies face shipment delays and raw material shortages due to the West Asia conflict, says CII. The industry body highlights downstream effects on manufacturing and energy markets, but notes India's resilience from reforms.
Air India CEO Warns Staff on West Asia Conflict Impact
Air India CEO advises staff to control costs as West Asia conflict causes operational disruptions. The airline faces challenges similar to other carriers since the conflict began on February 28.
Tesla Finance Veteran Departs After 17 Years
Sendil Palani, a senior Tesla Finance team member, leaves after 17 years, recalling the company's near-collapse in 2008 and praising Elon Musk's leadership.
Govt Amends Credit Scheme to Support MSME Manufacturing, Exports
The Central Government has amended the Mutual Credit Guarantee Scheme to enhance credit access for MSMEs, focusing on manufacturing and exports, with new terms for service sector inclusion and export incentives.
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Apple Beat Microsoft in 2010: Jobs' Email to Employees
On May 26, 2010, Apple's market cap exceeded Microsoft's for the first time. Steve Jobs marked the milestone with a brief email urging employees to stay focused on innovation, quoting Walt Disney. Today, both trail Nvidia in market valuation.
Singapore LPG Tanker Docks at New Mangalore Amid Conflict
The Pyxis Pioneer, a Singapore-flagged LPG vessel from Texas, arrived at New Mangalore Port as India waives fees for crude and LPG amid the Israel-Iran conflict, ensuring energy security.
Supply Chains Face 'Hard Lockdown' in West Asia Conflict
Anindya Banerjee of Kotak Mahindra Securities warns of a 'hard lockdown' in global supply chains due to escalating West Asia conflict, impacting oil and gas flows. India leverages energy diplomacy to secure supplies from multiple nations.
India Ends Domestic Airfare Caps, Airlines to Set Prices
The Civil Aviation Ministry withdraws fare caps on domestic flights effective March 23, allowing airlines to price tickets based on market demand while urging pricing discipline.
Hormuz Closure Triggers Fertilizer Sector Logistics Shock in India
The closure of the Strait of Hormuz is causing a major logistics and cost shock for India's fertilizer sector, with DAP imports most at risk. While supplies are comfortable now, future shortages and higher prices loom.
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LPG Supply Hit by Iran-Israel War, PNG Stable in NCR
The Iran-Israel conflict has disrupted LPG supply chains in Noida, affecting commercial users and triggering panic bookings. PNG users remain unaffected due to different supply routes. India imports 60% of its LPG from the Gulf via the Strait of Hormuz.
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