Apple appoints Meta's Jennifer Newstead as general counsel
Apple taps former Meta legal chief Jennifer Newstead as its new general counsel, a key hire from a rival amid ongoing executive changes. She starts as SVP next month.
Category : Corporate News
Wipro's Major Kolkata Expansion with Smartworks Lease
Wipro leases 1.7 lakh sq ft from Smartworks in Kolkata for 3,000 people, marking the city's largest flex-office deal. The move highlights growing enterprise demand for managed workspaces.
IndiGo Cancels 118 Mumbai Flights, Passengers Stranded
IndiGo's operational crisis leaves thousands stranded nationwide for a third day. With 118 flights cancelled in Mumbai alone, passengers face chaos and soaring last-minute fares. Read the full story.
IndiGo Seeks FDTL Exemption, Targets Feb 10 for Normal Ops
IndiGo informs DGCA of flight operation cuts from Dec 8, seeks temporary relief from new pilot duty norms. Airline admits misjudging crew needs, faces MoCA displeasure. Full stability expected by February 10.
IndiGo Misjudged New Pilot Rules, 200 Flights Cancelled Daily
IndiGo admits to DGCA it misjudged new pilot duty norms, causing 200 daily cancellations. CEO calls it biggest operational challenge. Full recovery targeted by Feb 2026.
Naidu to IndiGo: Fix flight disruptions, stop fare hikes
Civil Aviation Minister K Rammohan Naidu directs IndiGo to urgently restore normal operations and ensure no airfare spike. Over 550 flights cancelled on Thursday. DGCA steps up monitoring.
DRI: Crypto Used in Smuggling, Needs Stronger Regulation
DRI's 2024-25 report reveals a sharp rise in using crypto like USDT for smuggling & money laundering. It demands global cooperation & advanced tools to curb misuse. Read more.
IndiGo to Reduce Flights from Dec 8 Amid Major Disruptions
IndiGo admits planning failures, will cut flights from December 8 after widespread cancellations. Ministry expresses displeasure. Details on the operational crisis inside.
IndiGo Cuts Flights After Major Disruptions, DGCA Steps In
IndiGo faces massive flight cancellations, admits misjudgment in crew scheduling norms. CEO apologises, regulator DGCA orders strict monitoring. Full normalcy expected by Feb 2026.
Paramount Challenges WBD Sale Process, Cites Netflix Favouritism
Paramount Skydance formally questions the fairness of Warner Bros. Discovery's asset sale, alleging bias towards Netflix's bid. Read the full details of the corporate clash.
Paramount's $5B Breakup Fee in Warner Bros Bid Battle
Paramount Skydance hikes its breakup fee to $5 billion to acquire Warner Bros Discovery, signaling confidence against Netflix and Comcast. The winner could be chosen in weeks.
IndiGo to reduce flights from Dec 8 after major disruptions
IndiGo admits misjudgment led to over 300 flight disruptions. Airline to cut operations from December 8, aims for normalcy by Feb 2026. Full details inside.
Adani Group Deepens Rs 60,000 Crore Investment in Andhra Pradesh
Adani Group reaffirms its massive Rs 60,000 crore investment in Andhra Pradesh, accelerating green energy, ports, and cement projects for robust economic growth. Discover the details.
IndiGo CEO Apologises for Massive Flight Disruptions
IndiGo CEO Pieter Elbers addresses severe operational crisis, with over 300 flights cancelled. DGCA summons airline. Read the full story on the causes and recovery plan.
ICSI Proposes New Climate Change Framework
The Institute of Company Secretaries of India (ICSI) has proposed a principle-based approach to help businesses tackle climate change. Learn about the new ESG framework.
IndiGo CEO writes to staff over flight chaos
IndiGo CEO Pieter Elbers addresses employees after operational failures disrupt travel for thousands. Read the full internal letter and the reasons behind the crisis.
Suparna Mitra Named MD & CEO of TeamLease Services
TeamLease Services appoints Suparna Mitra as Managing Director & CEO, effective April 1, 2025. She succeeds Ashok Reddy, who moves to Vice Chairman role. Read the full leadership transition story.
Dessert Holdings Partners with Synoptek for Digital Transformation
Dessert Holdings partners with Synoptek to drive digital transformation, aiming to enhance operational efficiency and fuel business growth. Discover the strategic move.
BCL Industries to Sell Land, Fully Own Svaksha Distillery
BCL Industries board approves sale of Bathinda land and acquisition of remaining 25% stake in Svaksha Distillery. The move aims to consolidate its ethanol business. Stock gave 350% returns in 5 years.
Dalio, Burry Push for Charity Over Material Gifts This Season
Billionaire investors Ray Dalio and Michael Burry encourage followers to donate to charity this holiday. Musk calls philanthropy 'extremely challenging'. Get the full story.
Meesho fined ₹10 lakh for selling uncertified walkie-talkies
India's CCPA slaps Meesho with a ₹10 lakh fine for allowing sale of uncertified walkie-talkies, the largest such penalty. The action highlights national security risks and e-commerce accountability.
MS Dhoni Partners with Panasonic Life Solutions India
Cricket icon MS Dhoni is the new brand ambassador for Panasonic Life Solutions India, aiming to boost the company's market presence in wiring devices and connected solutions. Read more.
FIP Accuses IndiGo of 'Cartel-Like' Behaviour Amid Flight Chaos
Federation of Indian Pilots alleges IndiGo's 'short-sighted' planning caused crew shortages & flight cancellations. Urges DGCA to reallocate slots. Read the full report.
IndiGo Flight Chaos: 180+ Cancellations, Pilot Union Alleges
IndiGo cancels over 180 flights for 3rd day. Pilot union claims crisis is 'artificially created' to pressure DGCA on new fatigue rules. Details inside.
Why Indian Companies With ₹5 Trillion Cash Are Cautious
Indian corporations are sitting on a massive ₹5 trillion cash reserve but remain hesitant to invest in expansion. Discover the key economic and global factors behind this cautious strategy.
Ola Electric's 12% Unallocated Costs Aid Ebitda Profit
Ola Electric's accounting move to classify 12% of costs as unallocated helped its auto segment show an Ebitda profit. Experts flag the high percentage, unseen in peers. Read more.
IndiGo OTP at 19.7%, Massive Flight Delays & Cancellations
IndiGo's on-time performance plummeted to 19.7% on Wednesday, leading to hundreds of cancellations. The crisis raises questions about preparedness for new pilot duty norms. Read for details and airline's response.
IndiGo Cancels 175 Flights Amid New Crew Rules
IndiGo cancels 175+ flights as new pilot rest rules disrupt operations. Thousands stranded. Airline scrambles to adjust schedules. Check flight status before travel.
IndiGo Cancels 150+ Flights, DGCA Probes Disruptions
IndiGo faces massive operational disruptions with 150+ flight cancellations & delays across Delhi, Bengaluru & other cities. DGCA investigates. Here's how to check your flight status.
NRB Bearings enters industrial segment via Unitec JV
NRB Bearings Ltd announces a defining joint venture with Italy's Unitec Group, marking its formal entry into the industrial cylindrical roller bearings market. This strategic move follows the resolution of family legacy constraints.
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