DP World CEO Replaced After Epstein Files Link
Dubai port giant DP World appoints new leadership after documents show former CEO Sultan Ahmed bin Sulayem had extensive correspondence with Jeffrey Epstein.
Category : Corporate News
Air India Fined Rs 1 Crore by DGCA for Safety Violation
India's aviation regulator DGCA has imposed a Rs 1 crore penalty on Air India for operating flights using an aircraft without a valid airworthiness review certificate. The regulator has also ordered the removal of certain engineering post holders.
VMS TMT Q3 FY26: 43% EBITDA Growth, 278% PAT Surge
VMS TMT announced robust Q3 FY26 results with a 43% quarter-on-quarter increase in EBITDA and a 278% jump in PAT, driven by strong operational performance and strategic initiatives.
Tim Cook on Leadership: Values as Your Guiding North Star
Apple CEO Tim Cook emphasizes the importance of clear values and commitment as a guiding North Star for leadership and decision-making in a fast-paced, high-pressure world.
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Arka Mediaworks Partners with 88 Pictures for Animation
Arka Mediaworks has onboarded 88 Pictures as its animation studio partner for the upcoming project 'The Eternal War: Part 1', marking a significant collaboration in India's animation industry.
Exicom Q3 Steady, Order Book Up for FY27 Growth
Exicom Tele-Systems delivers a steady Q3 with strong financials, expands order book significantly, and sets growth runway for FY27 amid EV charging demand.
Reliance Gets US License for Venezuelan Oil
Reliance Industries has obtained a US license to purchase, export, and refine Venezuelan-origin oil, marking a significant development in global energy trade and corporate strategy.
Reliance Gets US License for Venezuelan Crude Oil Imports
Mukesh Ambani's Reliance Industries has obtained a US general license to directly import crude oil from Venezuela, potentially replacing Russian supplies at discounted rates.
Labour Codes Won't Cut Salary Hikes, Experts Say
Most companies will maintain salary increments despite higher wage costs from new labour codes, though moderation may occur in IT and margin-sensitive sectors, according to HR leaders and compensation specialists.
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Henry Ford's Wisdom on Financial Integrity and Prudence
Explore Henry Ford's profound insights on financial management and ethical business practices. His famous quote reveals why both carelessness and dishonesty ultimately lead to loss, offering timeless lessons for personal and professional life.
Remsons Industries Q3 Net Profit Jumps 28.64%
Remsons Industries reported a 28.64% rise in net profit for Q3 FY24, driven by robust demand in automotive components and cost efficiencies. Revenue grew significantly.
PM Modi to Address ET Now Global Business Summit 2026
Prime Minister Narendra Modi, senior ministers, and international leaders will speak at the ET Now Global Business Summit 2026, focusing on economic growth and global partnerships.
FMCG Stock Soars as Q3 FY26 Profit Jumps 213%
A leading FMCG company has announced a remarkable 213% year-on-year increase in net profit for Q3 FY26, driving significant market attention and stock movement.
Jefferies: AI Capex Returns at Risk as Big Tech Weakens
Jefferies report highlights growing investor concerns over returns from AI capital expenditure as big tech firms face weakening market leadership and rising competition.
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Praveg Q3 FY26 Income Jumps Over 65%
Praveg Limited reports robust Q3 FY26 results with standalone total income rising 69.46% and consolidated total income increasing 65.29% year-on-year, driven by strong performance across its hospitality and tourism segments.
Voler Car Q3 & 9M FY26 Results Announced
Voler Car Limited has released its financial results for the third quarter and first nine months of FY26, detailing key performance metrics and strategic updates.
DOJ Emails Expose Epstein's Flirty Exchanges, Island Invite
Newly released Justice Department emails reveal personal communications between Goldman Sachs' top lawyer and Jeffrey Epstein, including flirtatious messages and a private island invitation.
Goldman Sachs Chief Legal Officer Quits Over Epstein Ties
Kathryn Ruemmler, Goldman Sachs' chief legal officer, resigned after Justice Department documents revealed extensive personal and professional ties with Jeffrey Epstein, contradicting her previous claims.
HUL Acquires Full Oziva Stake, Sells Wellbeing Nutrition Share
Hindustan Unilever acquires remaining 49% stake in Oziva for Rs 824 crore, making it wholly-owned. The company also sells its 19.8% stake in Wellbeing Nutrition to USV for Rs 307 crore.
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Goldman Sachs Legal Chief Resigns Amid Epstein Scandal
Kathryn Ruemmler, Goldman Sachs' chief legal officer, resigned after Justice Department documents revealed her extensive personal and professional relationship with Jeffrey Epstein, contradicting earlier claims of strictly professional contact.
Zuckerberg Buys $200M Florida Estate Amid California Tax Exodus
Meta CEO Mark Zuckerberg has purchased a $150-200 million waterfront estate on Miami's exclusive Indian Creek Island, joining a growing list of tech billionaires leaving California amid proposed wealth taxes.
SpiceJet Posts Rs 269 Crore Loss on Higher Costs
SpiceJet has announced a net loss of Rs 269 crore for the quarter, driven by increased operational expenses and competitive pressures in the aviation sector.
Telstra Cuts 200 Jobs in Australia for AI Restructuring
Australian telecom giant Telstra has announced the elimination of 200 roles as part of a strategic push towards artificial intelligence and automation to enhance operational efficiency.
Bajaj Finance Gains Big from AI Betting Strategy
Bajaj Finance has achieved significant financial growth by strategically investing in artificial intelligence, enhancing operational efficiency and customer service.
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IBM Triples Entry-Level Hiring in 2026 Despite AI Fears
IBM plans to triple entry-level hiring in the US by 2026, countering AI job displacement fears by redesigning junior roles to focus on customer interaction and AI oversight.
HUL: Low Inflation, GST Cuts Boost Consumer Demand, Growth Ahead
Hindustan Unilever reports increased consumer spending driven by favorable economic conditions. CEO Priya Nair emphasizes volume-led growth strategy, with rural consumption outpacing urban areas.
Air India Offers Extra Rs 10 Lakh in Final Compensation Deal
Air India will provide an additional Rs 10 lakh to families of victims whose final compensation is Rs 25 lakh or less, but only after they sign a waiver forgoing future claims against the airline and others.
TVS SCS Returns to Profit, Sees Strong Business Pipeline Growth
TVS Supply Chain Solutions reported a net profit of Rs 11.19 crore in Q3 FY26, reversing a year-ago loss. The company's business pipeline expanded significantly, reaching Rs 6,300 crore, with new order wins surging to Rs 319 crore.
Gujarat Unaffected by National Strike, Banking Partially Hit
The nationwide trade union strike had minimal impact in Gujarat, with normal life and commerce continuing in major cities. Public sector banks saw partial disruptions affecting transactions worth Rs 15,000 crore.
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Cognizant Flags Anti-Outsourcing Risks in US, Workforce Grows in India
Cognizant's annual report highlights significant risks from potential US anti-outsourcing legislation, which could impair client services and financial performance. The company also notes reputational concerns and workforce growth in India.
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