TCS loses $194M US court appeal, injunction vacated
TCS faces $194 million damages after US Court of Appeals ruling. Indian IT giant to continue legal battle as injunction gets reconsidered. Read full analysis.
Category : Corporate News
New Labour Codes Impact Take-Home Pay in India
India's new labour codes redefine wages, potentially increasing social security contributions for employers and employees. Deloitte analysis shows possible reduction in take-home pay while expanding worker benefits.
Steel Tycoon Mittal Exits UK Amid Labour Tax Overhaul
Indian-origin billionaire Lakshmi Mittal relocates from UK to Dubai as Labour government plans tax reforms targeting ultra-wealthy. Read about the inheritance tax concerns driving this exodus.
Walmart's People Strategy: Harvard Case Study Success
Discover how Walmart's $2.7 billion investment in employees transformed the retail giant from corporate villain to Harvard Business School success story. Learn the strategy behind their 420% stock growth.
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PE Firms Turn to Dividend Loans Amid Exit Crisis
Private equity firms are using record dividend recapitalizations to pay investors as IPOs and M&A stall. Discover how this $28.7 billion trend impacts portfolios.
Labour Reforms: Gratuity After 1 Year Service Starts
India's new labour codes bring revolutionary changes including gratuity eligibility after just one year of service for fixed-term employees. Learn how this impacts workers and formalizes employment.
Manager's Leave Denial Sparks Work Culture Debate
An Indian banker's Reddit post about denied planned leave went viral, triggering nationwide discussion about toxic work environments and employee rights in corporate India.
US Court Orders Byju to Pay Over $1 Billion
A US court has directed Byju Raveendran to pay more than $1 billion following a petition by BYJU's Alpha and GLAS Trust. Get the latest updates on this developing corporate legal battle.
Vodafone Idea Survival: Inside India's Telecom Drama
Explore how Vodafone Idea's near-collapse and revival mirrors India's 25-year telecom evolution, from policy chaos to billionaire rivalries. Discover the untold story behind the rescue.
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Amazon Layoffs Hit Engineers Hardest: 40% Impact
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
India Implements 4 New Labour Codes: Key Changes
India implements four new labour codes, redefining wages and expanding worker benefits. Learn how this impacts PF, gratuity, and social security calculations for employees and employers.
Mahindra's 5-Year Growth Plan Earns Analyst Approval
Mahindra & Mahindra's ambitious five-year growth strategy projecting 15-40% annual revenue growth receives analyst endorsement, though execution challenges remain.
IT Sector Salary Deadline: Pay by 7th of Month
Indian government enforces new Labour Codes, mandating IT companies to pay salaries by the 7th of each month. The reforms ensure equal pay, women's safety, and social security for all employees.
4 Labour Codes Effective: Minimum Wage Guaranteed
Four transformative labour codes take effect from July 1, 2025, ensuring minimum wage for all workers and simplifying compliance for businesses. Learn how this impacts India's workforce.
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IndiGo's ₹7,270 Crore Investment for Fleet Expansion
IndiGo Airlines announces a massive $820 million investment in its subsidiary for aviation asset acquisition, strengthening its market position. Read more for details.
Shark Tank Judge Challenges Vembu's Marriage Advice
Shark Tank's Namita Thapar enters demographic duty debate, challenging Zoho founder Sridhar Vembu's advice to marry in 20s. Read the heated exchange on career vs family priorities.
Three Giants Bid For Warner Bros. Discovery Split
Paramount, Comcast and Netflix submit bids for Warner Bros. Discovery assets as company plans separation. Only Paramount bids for entire package including cable networks.
Amazon's $2.5 Billion Payout: Who Gets Refunds?
Amazon begins $2.5 billion payouts to eligible Prime members after FTC settlement. Find out if you qualify for a refund and the details of the lawsuit.
Kirin Leads Bira91 Restructuring Amid Financial Crisis
Japan's Kirin Holdings is leading stakeholder discussions to restructure B9 Beverages, including management changes and business strategy overhaul as Bira91 faces funding crunch.
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Tesla's $26 Billion Risk in Musk Pay Package Dispute
Tesla confronts a massive $26 billion profit threat as Delaware Supreme Court decides Elon Musk's 2018 compensation. Learn how this could impact Tesla's financial future.
Verizon Cuts 13,000 Jobs in Largest Workforce Reduction
Verizon announces elimination of 13,000 positions amid competitive pressures. CEO cites need to streamline operations. Discover how this impacts telecom industry.
Reliance Stops Russian Oil Imports from Nov 20
Reliance Industries ceases Russian oil imports for its export-only refinery from November 20. All December exports will use non-Russian crude. Get the full story on this major energy shift.
Verizon Cuts 13,000 Jobs in Major Restructuring
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
Amazon's $2.5B FTC Settlement: Prime Refunds Begin
Amazon begins automatic refunds for millions of Prime users after a historic $2.5 billion FTC settlement. Find out if you are eligible and how to claim your money back.
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Reliance Hires Ex-Carrefour Exec for Grocery Division
Reliance Retail appoints former Carrefour executive Guillaume de Cologne to lead grocery business, potentially succeeding current CEO Damodaran Mall ahead of expected IPO.
ED attaches ₹92 crore assets in Anil Ambani Reliance case
Enforcement Directorate attaches fresh assets worth ₹92 crore in money laundering case against Anil Ambani's Reliance Group. Latest developments in ongoing investigation.
ED Seizes ₹1,400 Crore More in Anil Ambani Case
Enforcement Directorate attaches additional ₹1,400 crore assets in Anil Ambani money laundering case, bringing total seizure to ₹9,000 crore. Read full details.
Oracle's AI bubble bursts as debt soars to $100 billion
Oracle shares lose all September AI gains as debt surpasses $100 billion. The company faces junk rating risk while betting big on OpenAI partnership. Read full analysis.
Rupifi CEO Supports Murthy's 9-9-6 Work Model for India
Rupifi CEO Anubhav Jain endorses Narayana Murthy's call for longer work hours, saying India needs 9-9-6 culture to accelerate economic growth and compete globally.
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FirstEnergy fined $250M in Ohio bribery scandal
Ohio regulators order FirstEnergy to pay over $250 million in fines and refunds for its role in a massive statehouse bribery scandal. Learn how this landmark decision impacts consumers.
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