Ratan Tata's confidant Mehli Mistry ousted from Tata Sons
In a significant corporate development, Mehli Mistry, longtime associate of Ratan Tata, has been voted off Tata Sons board as philanthropic entities exit business trusteeship.
In a significant corporate development, Mehli Mistry, longtime associate of Ratan Tata, has been voted off Tata Sons board as philanthropic entities exit business trusteeship.
Amazon announces one of its biggest workforce reductions, cutting 14,000 corporate roles in response to pandemic-era overexpansion and economic pressures. Find out which departments are affected and why.
Exclusive: Tata Sons faces internal turmoil as Noel Tata-led trustees oppose Mehli Mistry's reappointment to Tata Trusts, revealing deepening corporate governance rift within India's largest conglomerate.
Amazon prepares for one of its largest corporate layoffs ever, with up to 30,000 employees facing job cuts as part of a major cost-cutting initiative beginning October 29, 2025.
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RecommendedAmazon announces sweeping layoffs affecting 30,000 corporate positions as CEO Andy Jassy tackles 'excess bureaucracy' and streamlines operations in major cost-cutting move.
US media giant Paramount Global initiates major restructuring with 1,000 job cuts amid potential Skydance merger. Get exclusive details on the layoff strategy and what's next for the entertainment industry.
In a significant development, the Supreme Court has directed the Centre to reconsider Vodafone Idea's AGR dues, providing crucial breathing space to the struggling telecom giant. Get the complete breakdown of this game-changing verdict.
Amazon plans its largest job cuts since 2022, potentially affecting 30,000+ corporate positions across various departments as part of major cost-cutting measures.
Amazon announces massive workforce reduction targeting corporate roles as pandemic-era overexpansion meets economic pressures. Up to 30,000 positions at risk in strategic cost-cutting move.
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RecommendedChennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.
Sanofi India announces Deepak Arora as its new Managing Director, bringing extensive pharmaceutical experience to drive growth and innovation in the Indian healthcare market.
IndianOil Corporation reports stellar Q2 performance with net profit skyrocketing to ₹12,967 crore, driven by robust refining margins and strategic operations.
India Ratings maintains Birla Corporation's stable credit outlook, citing robust debt management and impressive capacity utilization as key strengths in cement sector growth.
Adani Energy Solutions reports stellar Q2 results with 43% profit surge, commissions 3 major projects, and sets ambitious target of 1 crore smart meters across India.
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RecommendedIn a landmark decision, India's Supreme Court permits Centre to reassess Vodafone Idea's AGR liabilities, offering crucial financial breathing space to the struggling telecom giant.
Hundreds of Tata Consumer Products distributors staged dramatic protests outside Mumbai headquarters, alleging forced stock dumping and unfair business practices that threaten their livelihoods.
Tesla Chair Robyn Denholm warns shareholders that rejecting Elon Musk's record $56 billion compensation could trigger his departure, jeopardizing the company's future growth and innovation.
In a landmark decision, the Supreme Court grants Vodafone Idea significant relief in the AGR case, allowing staggered payments and breathing room for the telecom giant's survival.
In a dramatic financial takeover, private credit lenders have acquired controlling stake in Netceed, marking a significant shift in telecom infrastructure ownership and signaling growing private credit influence in corporate acquisitions.
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RecommendedTata Consultancy Services refutes claims of losing massive UK retail contract, clarifying position amid market speculation about cybersecurity incident impact.
In a crucial development for India's telecom sector, the Supreme Court grants Vodafone Idea additional time to clear AGR dues, providing much-needed breathing space for the struggling operator.
Uncle Nearest Premium Whiskey, the acclaimed Black-owned spirits company, faces severe financial distress with potential Chapter 11 bankruptcy filing amid mounting debt and legal battles.
HLL Lifecare creates history with highest-ever dividend payout of ₹69.53 crore to government amid 20% revenue growth, marking a significant milestone for CPSE dividends.
Florida's iconic Hitchcock's Markets chain announces permanent closure of all 10 locations. Everything must go with 30% clearance sale - end of an era for local shoppers.
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RecommendedMajor media reforms underway as Indian government prepares significant rate revisions for print, radio, TV, and DTH sectors to support industry growth.
Commerce Minister Piyush Goyal challenges Western nations over selective criticism of India's Russian oil purchases while Germany, UK sought sanctions exemptions. Read about India's bold stance.
Reliance Industries responds to Western sanctions on Russian crude, pledging full compliance while strategically adjusting refinery operations to maintain global market position.
Dr. Reddy's Laboratories delivers stellar Q2 FY25 results, beating revenue and profit forecasts. Discover how their pharmaceutical business and nicotine replacement portfolio drove exceptional performance.
Former Microsoft executive Michael Larson faces scrutiny for sending disturbing animal genitalia photographs to convicted sex offender Jeffrey Epstein in birthday correspondence, following similar controversies involving Bill Gates.
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RecommendedUS retail giant Target announces massive corporate workforce reduction of approximately 1,800 positions as part of strategic cost-cutting measures to revitalize business performance and adapt to changing market dynamics.