Category : Corporate News


Indian Firms Use Cash for Payouts, Not Capex

Indian companies are depleting cash reserves for record dividends and M&A, not capital expenditure. Cash growth hits an 8-year low as capacity utilization remains weak. Discover the full analysis.

Vizag Steel Plant's Third VRS to Remove 570 Employees

Vizag Steel Plant management opens VRS window from Jan 1-20, 2026, aiming to cut 570 permanent jobs. This third phase continues a major workforce reduction strategy amid union criticism. Read the full details.

Tata Trusts 2025: Noel Tata, Mehli Mistry Infighting

A new Tata vs Mistry conflict erupted in 2025 over Tata Trusts governance, involving Noel Tata and Mehli Mistry. The dispute reached the government, threatening stability of the $180 billion conglomerate. Read the full story.

Stonepeak to Buy BP's Stake in Castrol India

New York's Stonepeak is set to acquire a majority stake in Castrol India from BP. The deal includes a Rs 4,990 crore open offer. Read the full details and implications for the Indian market here.

Hexaware moves to dismiss $500 million US patent lawsuit

Hexaware Technologies seeks dismissal of a $500 million patent infringement suit filed by Natsoft, arguing the patents cover abstract ideas, not genuine inventions. The outcome could significantly impact the IT firm's finances.

Hijack Hero Pilot SPS Suri Appointed Star Air COO

Captain SPS Suri, who heroically flew back hijacked IC 814 from Kandahar, is the new COO of Star Air. The 69-year-old veteran pilot brings 32,700 flying hours to India's biggest regional airline's ambitious growth plans.

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