Joan Kroc's $2B Donation Built Community Centers in US
Joan Kroc's $2 billion donation to the Salvation Army built Kroc Centers across the US, providing recreation, education, and community services that continue to impact millions.
Category : Corporate News
Lux Champion Names Sidharth Malhotra Brand Ambassador
Lux Champion appoints Sidharth Malhotra as brand ambassador to promote its new line of comfortable and stylish innerwear. The collaboration aims to redefine men's fashion with innovative designs.
Housing Sales Resilient Amid Price Rise; Bengaluru Leads Demand Surge
Despite rising property prices, housing sales remain resilient across India, with Bengaluru leading the demand surge, as per a PropTiger report.
CCPA Notices to E-Commerce Firms Over Pesticide Sale
The Central Consumer Protection Authority has issued notices to Amazon, Flipkart, Meesho, and JioMart for allegedly selling Cyclosinone Herbicide in violation of regulations, following a complaint by the Crop Care Federation of India.
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GE-Marketplace Marks 9 Years: Boosts Digital Procurement
The Government e-Marketplace (GeM) celebrates nine years of digital procurement, driving inclusion for MSMEs and startups with over Rs 4 lakh crore in transactions.
PK Mishra Warns Against Financial Markets Disconnected from Real Economy
Principal Secretary to PM Modi, PK Mishra, cautioned that financial systems must stay connected to the real economy and citizens' lives, warning against excessive speculation and market instability.
Starbucks Lays Off 300 US Roles in Restructuring
Starbucks cuts 300 US jobs, consolidates offices, and reviews international support as part of CEO Brian Niccol's turnaround strategy targeting durable, profitable growth.
India's D2C Boom Sparks Naming Crisis: Experts Offer Fix
The surge of D2C brands in India has led to a naming crisis. Branding experts suggest a solution involving strategic trademark searches and creative naming to stand out.
Wheels India Posts Robust FY26, Capex of Rs 280 Crore Planned
Wheels India reported a 16% revenue rise to Rs 5,124 crore in FY26, with net profit up 31%. Despite global uncertainties, it plans Rs 280 crore capex for FY27.
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Career Compass Conclave at CII Chandigarh Redefines Readiness
The Career Compass Conclave at CII Chandigarh united educators and industry leaders to redefine career readiness for students, focusing on skill development and industry-academia collaboration.
Liquid King Aryan Anna Group Expands Global Markets
The Liquid King Aryan Anna Group announces expansion into global financial markets, strengthening its international footprint with new offices and services.
Fuel Price Hike to Make Biryani, Burgers 5-10% Costlier
Fuel price hikes will raise restaurant and delivery food costs by 5-10% from next week, as LPG shortages and Middle East conflict add pressure. Industry braces for impact.
Cellecor Reports INR 1292 Cr Revenue, 28% Profit Growth
Cellecor Gadgets Ltd announced strong financial results for FY25-26 with revenue of INR 1,292 crore and 28% profit growth, driven by retail expansion and product diversification.
Fuel Price Hike Fails to Boost OMC Stocks, Analysts See More Increases Ahead
Despite a hike in retail fuel prices, oil marketing company stocks fell as analysts say the increase is insufficient to cover daily losses. More price hikes are expected.
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Karnataka Gig Workers Fear Petrol Price Hike Impact
Gig workers in Karnataka are concerned about rising petrol prices leading to reduced orders and income, affecting their livelihoods and sustainability.
Disability Sector Gets Only 1% of CSR Funds: Study
A new study reveals that the disability sector receives merely 1% of corporate social responsibility (CSR) funds in India, highlighting major funding gaps.
Chandigarh Excise Revenue to Exceed Target by Rs 9 Crore
Chandigarh's excise revenue for FY 2026-27 is projected to exceed the target by Rs 9 crore, driven by improved compliance and policy changes.
Adani Group Settles US SEC Fraud Case for $18 Million
Gautam Adani and his nephew Sagar will pay $18 million to settle a US SEC civil fraud case over alleged bribery in solar contracts. DOJ separately drops charges.
Kolkata Housing Market Resilient, Shift to Larger Homes in April 2026
Kolkata's housing market saw mild slowdown in April 2026 but registrations remained second-highest in five years. Demand shifted to larger homes, with apartments over 1,000 sq ft rising 179% YoY.
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Indian-Origin Investor Paul Parmar Sentenced to 5 Years for Fraud
Paul Parmar, an Indian-origin investor known for his lavish lifestyle, was sentenced to five years in prison for securities fraud involving over $212 million. He pleaded guilty to inflating revenues and misleading investors in a healthcare company.
Silver Plunges by Rs 21,600 Per Kg
Silver prices in India witnessed a sharp decline of Rs 21,600 per kilogram, tracking global cues and a strong dollar. The drop impacts investors and industries.
Tata Steel Q4 Profit Surges 2-Fold to Rs 2,900 Crore
Tata Steel reported a 2-fold jump in Q4 net profit to Rs 2,900 crore, driven by strong operational performance and higher steel prices.
MSME Ministry Hosts Entrepreneur Programme in Hazaribag
The MSME ministry, in collaboration with PHD Chamber, held an awareness and vendor development programme in Hazaribag, focusing on SC-ST Hub Scheme and 4% procurement target.
Pune Residents Protest Against Repeated Power Cuts
Residents of Baner-Balewadi in Pune will protest on Saturday against frequent power cuts amid severe summer, citing unresponsive MSEDCL officials and lack of information about faults.
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Sarkhej-Dholera Rail Survey Extended to Bhavnagar
The 134km semi-high-speed rail corridor from Sarkhej to Dholera is being surveyed for extension to Bhavnagar, enhancing connectivity to Dholera SIR, airport, and Lothal heritage complex.
Odisha Reserves Fuel Stations for Trucks, Buses for Diesel
Odisha transport commissioner and oil companies reserve specific fuel stations for trucks and buses to resolve diesel shortage, assuring solution within 48 hours.
SpaceX Accelerates IPO, Targets June 11 Nasdaq Pricing
SpaceX has moved up its IPO timeline, aiming to price shares on Nasdaq by June 11, according to sources. The accelerated schedule signals strong investor demand.
Kerala Forest Officers Held for Rs 1 Lakh Bribe
A section forest officer and a deputy ranger in Kerala were caught red-handed by the Vigilance and Anti-Corruption Bureau for demanding and accepting a bribe of Rs 1 lakh to exempt individuals from a forest case.
India Imposes Windfall Tax on Petrol Exports, Cuts Diesel Levy
India has imposed a windfall tax on petrol exports while reducing the levy on diesel and aviation turbine fuel (ATF) in a move to balance domestic supply and global market conditions.
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UAE to Store 30M Barrels in India's Strategic Reserve
India and UAE have agreed to store up to 30 million barrels of crude oil in India's strategic petroleum reserve, following PM Modi's visit to the UAE.
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