Category : Corporate News


Refex Group Awards 12 Audi A4 Cars to Employees in Chennai

Refex Group, a Chennai-based conglomerate, has awarded 12 Audi A4 cars to employees under its 'Wheel of Achievement' program, highlighting a shift towards tangible, high-value incentives in corporate India to recognize performance and retain talent.

Air India Revises Fuel Surcharge Amid Energy Crisis

Air India has revised its fuel surcharge policy for domestic routes, effective April 8, 2026, following a government cap on Aviation Turbine Fuel price hikes at 25%, leading to increased ticket fares.

Wipro Secures $1B+ Deal with Olam, Buys Mindsprint for $375M

Wipro has secured one of its largest deals ever from Singapore-based Olam Group, with a total contract value exceeding $1 billion. The eight-year agreement includes an $800 million committed spend and the acquisition of Olam's IT arm, Mindsprint, for $375

Air India Revises Fuel Surcharge Amid Oil Tensions

Air India group has revised fuel surcharges on domestic and international routes, implementing a distance-linked structure domestically and higher charges globally due to Middle East tensions and rising jet fuel prices.

Oracle's New CFO Amid Layoffs and AI Expansion

Oracle appoints Hilary Maxson as CFO immediately after laying off thousands of employees. The company is investing heavily in AI infrastructure while facing significant debt and potential further job cuts.

Air India CEO Campbell Wilson Resigns Amid Challenges

Air India CEO Campbell Wilson has resigned after leading the airline since 2022, as the carrier faces persistent losses and regulatory scrutiny following a fatal crash. His tenure saw Vistara integration but was hampered by supply chain issues.

Reliance Loads Venezuelan Crude After US License Approval

A Reliance Industries unit has started loading 2 million barrels of Venezuelan crude, directly procured from PDVSA, following a US general license secured in February 2026. This move diversifies sourcing amid eased sanctions.

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