Category : Corporate News


Musk's $1T Pay: Nobel Economists Question Value

Nobel Prize-winning economists Esther Duflo and Abhijit Banerjee weigh in on Elon Musk's record-breaking compensation package, questioning whether astronomical pay actually improves executive performance.

Indian Billionaires Donate ₹100+ Crore in FY25

India's wealthiest philanthropists including Shiv Nadar, Mukesh Ambani, Bajaj, Birla, Adani, Nilekani and Hinduja families have collectively donated over ₹100 crore in FY25, driving transformative change across education, healthcare and social development

SC Allows Spectrum Transfer in Aircel Insolvency Case

In a groundbreaking verdict, India's Supreme Court clears the path for telecom spectrum transfer during corporate insolvency, providing major relief to stressed telecom companies and reshaping the industry's future.

Tesla Vote on Musk's $1 Trillion Pay Nov 6

Tesla investors are set for a crucial vote on Elon Musk's unprecedented compensation package that could reach $1 trillion in value. The November 6 decision marks a pivotal moment for corporate governance and executive pay in the tech industry.

Elon Musk's $1 Trillion Tesla Pay Challenge

Elon Musk faces unprecedented challenges to unlock his $56 billion Tesla compensation package. Discover the three critical milestones that stand between Musk and financial history.

Novo Nordisk Profit Drops 27%, Cuts 9,000 Jobs

Danish pharmaceutical giant Novo Nordisk faces turbulent times as Q3 profits drop 27% despite Ozempic's success. The company announces massive restructuring with 9,000 job cuts worldwide. Get the inside story on what's happening behind the scenes.

United Spirits puts RCB under strategic review

United Spirits Ltd, owned by Diageo, places RCB cricket team under strategic review to concentrate on core alcohol business, potentially reshaping IPL landscape and Virat Kohli's franchise future.

Britannia CEO Shake-up: Bawa Out, Berry Returns

Britannia Industries announces major leadership changes with Rajneet Bawa's sudden departure and veteran Varun Berry's return as interim CEO while Rakshit Hargave prepares to take over.

Tesla Board Faces Crucial Vote on Musk's $56B Pay Package

Tesla's board confronts a critical November 6 vote on Elon Musk's controversial $56 billion compensation package, with major shareholder CalPERS publicly opposing the massive payout amid growing investor concerns about corporate governance.

Norway's Wealth Fund Rejects Elon Musk's $56B Tesla Pay

Norway's $1.7 trillion sovereign wealth fund blocks Elon Musk's record-breaking compensation plan at Tesla, citing concerns over excessive pay and governance issues. The decision could significantly impact the upcoming shareholder vote.

Berger Paints Q2 Profit Falls 25% Amid Competition

Berger Paints reports disappointing Q2 results with net profit falling 25% to ₹219 crore. Discover how monsoon disruptions and aggressive new competitors are reshaping India's paint industry landscape.

IndiGo Q2 Loss Widens to ₹2,582 Crore

India's largest airline IndiGo reports widened quarterly losses amid currency volatility and operational challenges. Discover how the weakening rupee impacted their financial performance.

Mackenzie Scott donates $640M after Amazon stock sale

Philanthropist Mackenzie Scott makes headlines with one of the largest charitable contributions of 2024, distributing $640 million to 361 Indian and international organizations following major Amazon stock reductions.

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