Parliament Passes IBC Amendment Bill to Cut Delays, Boost Recovery
The Indian Parliament has passed the IBC Amendment Bill to reduce delays, improve transparency, and strengthen the insolvency resolution ecosystem for faster recoveries.
Category : Corporate News
Silver Jumps Rs 9,000, Gold Up Rs 3,500 Amid Global Gains
Precious metals surge in India as silver skyrockets by Rs 9,000 per kg and gold advances Rs 3,500, driven by strong international trends with spot gold up nearly 2% globally.
Deloitte to Hire 50,000 in India, Focus on AI Upskilling
Deloitte announces major expansion in India with 50,000 new hires, investing in AI training and Quantum Centre while addressing concerns about AI job displacement through upskilling initiatives.
Versigent Launches as New Publicly Traded Company
Versigent has officially launched as a publicly traded company, marking a significant milestone in its corporate journey and expanding investor access.
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BP's New CEO Meg O'Neill Pledges Consistency, Staff Note Reveals
Meg O'Neill becomes the first woman to lead a top-five oil major as BP's CEO, promising continuity while steering the company away from a troubled renewables venture, according to an internal staff note.
Metal Giant's Major Feat Draws Investor Focus
A leading metal company has successfully executed a significant strategic move, achieving a notable milestone that is now under close scrutiny by investors and market analysts.
Neeraj Sharma: Color, Culture, and Contemporary Vision
Neeraj Sharma's artistic journey blends vibrant colors with cultural heritage and modern innovation, creating a unique visual symphony that resonates globally.
Siddhashila's Vision: Leadership Building Communities
Siddhashila's leadership philosophy focuses on community-building as a core business strategy, driving sustainable growth and social impact in the corporate sector.
BP's New CEO Vows Consistency in Strategic Transition
BP appoints its first female CEO, pledging continuity as the company shifts from renewables. The move marks a historic leadership change in the oil industry.
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Royal Stag Campaign Stars Rohit, Bumrah, Badshah, Sidharth
Royal Stag's 'Live It Large' campaign features cricketers Rohit Sharma, Jasprit Bumrah, and Bollywood stars Badshah, Sidharth Malhotra, Naga Chaitanya, and Payal Dhare, promoting a bold lifestyle.
ITC's Sproutlife Foods Gains Board Nomination Rights from April 1
Sproutlife Foods, now a subsidiary of ITC, has acquired the right to nominate directors on its board effective April 1, marking a strategic move in the FMCG sector.
India Inc Credit Ratio Dips in H2 FY26, Outlook Cautious
India Inc's credit ratio declined in the second half of FY26, with a stable but cautious outlook due to West Asia conflict and global economic headwinds, as per CRISIL report.
SHRM Tech'26 Reveals Speaker Lineup and Agenda for Connected Intelligence
The Society for Human Resource Management (SHRM) has announced an expanded agenda and a prestigious speaker lineup for its upcoming SHRM Tech'26 conference, focusing on advancing connected intelligence in HR technology.
Judge Allows Class Action Against Musk Over Twitter Deal
A federal judge has permitted former Twitter investors to pursue a class action lawsuit against Elon Musk, alleging he defrauded them by delaying disclosure of his stake in the company.
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Massive Share Move Sparks Merger Buzz for Jewellery Firm
A significant transfer of shares in a major Indian jewellery company has ignited market speculation about a potential merger or acquisition, with details emerging on the transaction's scale and implications.
Oracle Lays Off 30,000 Employees in Major Restructuring
Oracle announces massive layoffs affecting up to 30,000 employees globally, part of a broader organizational restructuring amid increasing tech sector job cuts.
Oracle's 30,000 Layoffs: Severance Requires DocuSign Signature
Oracle initiates its largest-ever layoffs, potentially cutting 30,000 jobs globally. Severance pay is conditional on signing termination documents via DocuSign, with no healthcare benefits included.
Govt Caps ATF Hike for Domestic Airlines Amid Fuel Shock
The Indian government has announced a partial and staggered increase in Aviation Turbine Fuel (ATF) prices for domestic airlines to mitigate the impact of global fuel shocks. This move aims to balance airline operational costs with consumer affordability.
Govt Caps ATF Hike for Domestic Airlines Amid Global Surge
The Indian government has imposed a cap on the price increase of Aviation Turbine Fuel for domestic airlines to mitigate the impact of global price surges, ensuring stability in the aviation sector.
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Adani Ports Crosses 500 Million Tonnes Cargo Milestone
Adani Ports and Special Economic Zone Ltd has achieved a significant milestone by handling over 500 million tonnes of cargo, showcasing robust growth in India's logistics sector.
India Faces Mini LPG Shortage Due to Global Tensions
As US-Israel-Iran tensions affect West Asia, demand for mini LPG cylinders like Appu, Mini, and Chhotu surges, causing acute shortages in India, particularly in Maharashtra.
Freudenberg Posts Strong Financial Figures, Emphasizes Stability
Freudenberg Group has announced impressive key financial results, showcasing resilience and a positive outlook for future viability in the global market.
India Caps Jet Fuel Price Hike at 25% for Domestic Airlines
The Indian government has intervened to limit aviation turbine fuel price increases to 25% for domestic carriers, citing Middle East tensions and Strait of Hormuz closure. This move prevents a potential 100% surge in fuel costs.
Jet Fuel Prices Double, But Domestic Airlines Unaffected
Jet fuel prices have surged by more than 100% globally, yet domestic airlines in India remain insulated due to government policies and strategic measures. Here's an in-depth look at the factors protecting the aviation sector.
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Oracle Lays Off 30,000 Employees, Shares Plunge 27%
Oracle announces massive layoffs affecting up to 30,000 employees globally, causing shares to tumble 27% amid AI competition and restructuring. The tech giant's job cuts follow similar moves by Meta and Amazon.
Jet Fuel Prices: Big Hike for Charters, Relief for Airlines
Jet fuel prices in India rose 8.5% for scheduled airlines in April, sparing major airfare hikes. However, non-scheduled charters face over 100% increases, with ATF crossing Rs 2 lakh per kilolitre in key cities.
Emami Buys 73.5% Stake in Axiom Ayurveda for Rs 200 Crore
FMCG giant Emami has purchased a 73.5% stake in Axiom Ayurveda for Rs 200 crore, making it a wholly owned subsidiary. The acquisition boosts Emami's presence in the ayurvedic and beverage segments.
Buffett Defends Gates Foundation Donations, Comments on Epstein
Warren Buffett says he doesn't regret donating billions to the Gates Foundation despite recent controversies, while also discussing Apple stock sales and market conditions in a CNBC interview.
Airfares to Rise as Jet Fuel Prices Double Post Iran War
Aviation turbine fuel prices have surged over 100% in April due to the Iran conflict, pushing domestic ATF above Rs 2 lakh per kilo litre for the first time. Airlines warn of fare hikes and potential flight cuts as costs skyrocket.
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West Asia War Slows IPO Pace, Delays Investor Exits in India
The prolonged West Asia conflict is slowing India's IPO market, delaying exits for VC and PE investors as companies rethink listing plans amid volatile conditions.
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