Ola Electric Shares Fall 10th Day on CFO Exit
Ola Electric shares dropped 4% on Tuesday, marking a tenth consecutive session of losses after CFO Harish Abichandani resigned. The board appointed Deepak Rastogi as the new CFO effective immediately.
Category : Corporate News
Fadnavis: Tariff Hike Won't Deter Foreign Investment
Maharashtra CM Devendra Fadnavis at Davos says tariff tensions won't impact FDI, highlights state's top FDI ranking and 'Third Mumbai' project to attract investments.
Assam Seeks ₹1 Lakh Crore Investment at Davos Debut
Assam makes its first appearance at Davos, with CM Himanta Biswa Sarma inviting global investors for green energy, semiconductors, and tourism projects worth nearly ₹1 lakh crore.
Amazon Battles Saks Bankruptcy, Says Stake Worthless
Amazon opposes Saks Global's Chapter 11 financing, warning of drastic action. The e-commerce giant invested $475 million in December 2025, now calling it worthless.
Indian IT Q3 Beats Mask Deeper Slowdown, Growth Concerns
India's top IT firms like TCS and Infosys beat Q3 expectations but face weak demand, slowing growth, and AI pressure. Full-year outlook remains cautious despite quarterly gains.
India's Discoms Return to Profit, Face ₹7 Trillion Debt
India's power distribution companies posted a net profit of ₹2,701 crore in FY25 after long losses, though cumulative debt exceeds ₹7 trillion. Reforms and improved operations drive the turnaround.
UP Bags Rs 9,750 Crore Investment Deals at Davos WEF
Uttar Pradesh delegation at World Economic Forum signs MoUs worth Rs 9,750 crore for clean energy, AI and defence projects, boosting state's investment prospects.
Power Engineers Threaten Strike Over Electricity Bill 2025
The All India Power Engineers Federation warns of a nationwide agitation if the Electricity (Amendment) Bill 2025 and UP power privatisation are not withdrawn immediately.
Ola Electric CFO Exits, Successor Named
Ola Electric's Chief Financial Officer has resigned from his position. The company has quickly named a successor to lead its finance operations.
Indian Firms Rethink Risk as Sanctions Threat Grows
Global supply chain disruptions and volatile geopolitics are pushing Indian corporations to elevate sanctions risk from compliance footnote to core governance priority, with legal experts warning of severe financial and reputational consequences.
LTIMindtree Q4 Revenue Up 6.1% to $1.2 Billion
LTIMindtree reports a 6.1% rise in Q4 revenue to $1.2 billion, exceeding market forecasts. The IT firm shows strong growth amid global challenges.
Maharashtra Converts 55% MoUs to Projects, 75% Davos Deals Done
Maharashtra Deputy CM Devendra Fadnavis announced at the World Economic Forum that over 55% of MoUs have turned into projects, with 75% of Davos deals fructifying, showcasing strong investment execution.
Ola Electric Names Deepak Rastogi as New CFO
Ola Electric appoints Deepak Rastogi as its new Chief Financial Officer effective January 2026, succeeding Harish Abichandani. Rastogi joins from Puravankara.
Ola Electric Names Deepak Rastogi as New CFO
Ola Electric Mobility appoints Deepak Rastogi as chief financial officer effective January 20, following Harish Abichandani's resignation citing personal reasons. Rastogi brings three decades of financial experience.
Kenya Launches Record $824M Pipeline IPO to Revive Market
Kenya plans to raise $824 million through an IPO of state-run Kenya Pipeline Company, marking its first major equity sale in over a decade to fund infrastructure amid high debt.
Shopify CEO Exposes Big Mistake With Acquired Founders
Shopify CEO Toby Lutke criticizes companies for sidelining founders after acquisitions. He shares how Shopify integrates them effectively and values entrepreneurial experience.
India's Aviation at Crossroads: Budget 2024 to Shape Future
India's aviation sector faces a critical capacity challenge. Current infrastructure handles 500-515 million passengers annually, but traffic reached 414 million. By FY26, capacity will hit 550 million while traffic grows to 460 million. The upcoming Union
Great Stay Era: Workers Choose Stability Over Job Hopping
American workers are no longer job hopping as labor market uncertainty grows. The Great Stay era sees employees prioritizing stability over career moves amid hiring recession fears.
Reddit Post Sparks Debate on Indian Workplace 'Sir' Culture
A viral Reddit post about a professional told to call a senior 'sir' on their first day has ignited discussions on respect, authority, and corporate norms in India.
Paniit Alumni India and Balmer Lawrie Sign Pact for IITians
Paniit Alumni India and Balmer Lawrie have signed a strategic agreement to offer government-backed services to IIT alumni, enhancing support for graduates.
LTIMindtree Q3 Profit Dips 10.5% to Rs 971 Crore
LTIMindtree reports a 10.5% drop in Q3 net profit to Rs 971 crore while adding 8 new $20 million+ clients and 1,511 employees. Total headcount reaches 87,958.
Yogi Adityanath Allots Land to 4 Investors in YEIDA
Uttar Pradesh Chief Minister Yogi Adityanath handed over land allotment letters to four investors in the YEIDA area, emphasizing the state's growing investment climate and industrial progress.
Indian Expat's Emergency Leave Request Sparks Work Culture Debate
Ashwini Thamke's Dutch manager responded with empathy during her family emergency, contrasting with stressful workplace expectations many face in India, fueling discussions about global work culture differences.
India Debates 4-Day Workweek: Policy vs Reality
As India considers a 4-day workweek with 12-hour days, experts question its sustainability. Many fear it could worsen burnout without cultural shifts.
Gold Prices Stable in Kuwait at $4,595 After Volatile Week
Gold prices in Kuwait remained stable at $4,595 per ounce after a week of market fluctuations. The precious metal posted weekly gains despite recent profit-taking and shifting investor sentiment.
FIP Calls IndiGo Penalty 'Very Meagre', Urges Safety Focus
The Federation of Indian Pilots criticizes DGCA's Rs 22.20 crore penalty on IndiGo as insufficient, questioning flight cancellation data and stressing passenger safety cannot be compromised.
Paradeep Parivahan Wins Times Business Award
Paradeep Parivahan Limited receives the Times Business Award for its outstanding contributions to the transport and logistics sector in India.
MSMEs Seek GST Reforms, Easier Credit in Budget 2026
A new study reveals 86% of Indian MSMEs expect growth in 2026, banking on Union Budget for GST simplification, working capital access, and digital support.
Globtier Infotech Partners with Litmus7 for Global Support
Globtier Infotech has entered into a strategic partnership with Litmus7 to provide global enterprise support services, enhancing their digital solutions.
Wipro Labour Complaint Over 250 Fresher Onboarding Delays
An IT union files complaint with Labour Ministry against Wipro for delaying onboarding of 250 freshers. Company revises hiring target downward in Q3 earnings.
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