Ellison's $40.4B Guarantee for Paramount's WBD Bid
Paramount Skydance strengthens its Warner Bros. Discovery takeover offer with a $40.4B personal guarantee from Larry Ellison, challenging Netflix's deal. Read the full corporate battle analysis.
Category : Corporate News
Railway Board Official Inspects Varanasi's Banaras Station
Railway Board EDCC Shailendra Singh inspected Banaras Railway Station, directing staff on maintenance, future development, and commercial management. Read the full report.
Mercedes to pay $149.6M in US emissions cheating case
Mercedes-Benz USA and Daimler AG settle for $149.6 million over allegations of using illegal software to cheat emission tests in over 211,000 diesel vehicles. Read the full details.
Gopal Vittal's 12-Year Run: Airtel's ₹12 Trn Surge
Bharti Airtel CEO Gopal Vittal to become Executive Vice Chairman in 2026 after steering the telco through Jio's storm, growing market cap by ~₹1 tn yearly. Read the inside story.
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Dell enforces strict 5-day office rule, ends flexibility
Dell tightens return-to-office rules, demanding sales staff work 5 days a week onsite. New policy ends flexibility for parents, causing disruption. Read the full story.
Madurai Workers Protest Labour Laws, Cite Corporate Bias
Tamil Nadu construction workers protest in Madurai, demanding repeal of four central labour laws they claim favour corporates and threaten worker rights, welfare boards, and job security. Read more.
Sachin Tendulkar Buys Stake in Hyderabad Solar Firm
Cricket icon Sachin Tendulkar invests Rs 3.6 crore for a 2% stake in Hyderabad-based solar EPC company Suntek Energy Systems (TRUZON Solar). Discover his growing investment portfolio in the city.
Ellison's $40bn Guarantee for Paramount's Warner Bros Bid
Oracle's Larry Ellison personally backs $40bn for his son's Paramount Skydance hostile takeover of Warner Bros Discovery. Will this move silence funding doubts? Read more.
Saks Considers Bankruptcy Ahead of $100M Payment
Saks Global Enterprises is exploring Chapter 11 bankruptcy as a last resort before a crucial $100 million debt payment due Dec 30. The luxury retailer's turnaround plan has faltered. Read more.
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FlexShopper Files for Bankruptcy After CEO Fraud Probe
Lease-to-own firm FlexShopper files for Chapter 11 bankruptcy with over $100M liabilities. Read about the CEO fraud scandal and the planned sale to Snap Finance.
Jim Beam Pauses Distillery Production for a Year
Jim Beam suspends bourbon making at its Clermont distillery in 2026. The pause, driven by tariffs and shifting demand, allows for upgrades while reassigning staff. Explore the challenges facing the US whiskey industry.
Global Giants Invest in India's 900 MW & 1 GW Clean Energy Projects
AP Moller Capital enters India with a 900 MW renewable platform, while ArcelorMittal invests $900M for 1 GW solar, wind & storage. India's green transition attracts massive global capital. Read more.
Why Global Giants Are Betting on Indian-Origin CFOs
A new study reveals over a dozen global corporations, including Apple, Tesla, and HSBC, are led by Indian-origin CFOs. Discover the skills and education shaping these finance chiefs. Read more.
Ellison's $40.4B Guarantee for Paramount's Warner Bros. Bid
Oracle CTO Larry Ellison personally guarantees $40.4 billion for Paramount's Warner Bros. Discovery takeover, countering Netflix. Shares rise. Details inside.
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Ambuja Cements Board OKs ACC, Orient Cement Merger
Adani Group's Ambuja Cements board has approved the amalgamation of ACC and Orient Cement, a major consolidation move in India's cement sector. Get the latest corporate news updates.
Telefonica Slashes 5,500 Jobs in $2.9B Restructuring
Spanish telecom giant Telefonica SA will cut 5,500 jobs at a $2.9 billion cost, aiming for over $700 million in annual savings. The move follows a trimmed cash flow outlook and a halved dividend. Get the latest business news updates.
Ellison Guarantees $40.4 Billion for Paramount's Warner Bid
Oracle's Larry Ellison personally guarantees $40.4 billion in equity financing for Paramount Skydance's all-cash offer for Warner Bros Discovery, intensifying the media acquisition battle. Read more.
Netflix Secures $25B in New Debt for Warner Bros. Takeover
Netflix refinances part of its massive $59 billion bridge loan with cheaper, long-term debt to bolster its bid for Warner Bros. Discovery. The streaming war heats up with a rival offer from Paramount Skydance. Read the full details.
Ex-Tesla exec Sterling Anderson now a top GM CEO candidate
Sterling Anderson, who clashed with Elon Musk at Tesla, is now a top GM executive and a potential successor to CEO Mary Barra. His rise shakes up the auto giant's leadership plans. Read more.
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IIT Madras Alum Anand Varadarajan Named Starbucks CTO
Starbucks names Indian-origin tech veteran Anand Varadarajan as Executive VP & CTO. With 19 years at Amazon, he aims to boost the coffee giant's digital capabilities globally. Read more.
PE Investment in India Slows in 2025, Outlook Strong
KPMG report reveals a slowdown in India's PE investments in 2025 due to global headwinds, but strong fundamentals ensure a robust long-term outlook. Read the full analysis.
SpiceJet Baggage Dispute at Kolkata Airport Ignites Debate
A SpiceJet passenger's early-morning standoff over an extra handbag at Kolkata airport escalates into a major debate on airline rules, security protocols, and passenger rights. Read the full story.
IIT Madras Alumnus Anand Varadarajan Named Starbucks CTO
Starbucks appoints Anand Varadarajan, an IIT Madras alumnus and ex-Amazon veteran, as its new Chief Technology Officer. He will lead the coffee chain's tech revamp starting January 19. Read more.
Varun Beverages buys South Africa's Twizza for ₹1,118.7 cr
PepsiCo's largest bottler, Varun Beverages, expands its African footprint with a major acquisition of South African brand Twizza. The deal aims to boost production and market reach.
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IIT Madras Alum Anand Varadarajan Named Starbucks CTO
Starbucks names Anand Varadarajan, an IIT Madras alumnus and ex-Amazon veteran, as its new Chief Technology Officer. He will lead global tech ops from January 19. Read more.
How Amit Chandra Built a Culture of Giving in India
Discover how Bain Capital India's Amit Chandra, inspired by his mother and Guru Nanak, champions 'giving while living' and mentors future leaders. Learn his unique approach to philanthropy.
Kajaria CFO Sacked for ₹20 Crore Subsidiary Fraud
Kajaria Bathware terminates CFO Dilip Kumar Maliwal after uncovering alleged ₹20 crore embezzlement in subsidiary. Police complaint filed. Full details inside.
CII President Calls for Sustaining Reform Momentum in 2025
CII President Rajiv Memani urges continued reforms in power, mining, and judiciary for growth. He highlights India's 8% GDP and a $2 lakh crore disinvestment target. Read the full interview.
Tahdco Workshop Boosts SC/ST Entrepreneurs in Trichy
Tahdco's Trichy workshop equipped SC/ST entrepreneurs with digital marketing, branding, and GeM registration skills. Learn about the Ambedkar scheme and upcoming sessions.
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IndiGo to Contact Passengers for ₹10,000 Vouchers from Dec 26
IndiGo begins contacting passengers impacted by December flight disruptions for ₹10,000 travel vouchers. Learn who is eligible and the process for those who booked via partners.
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