Patagonia Founder Gives $3B Company to Planet in Historic Move
Yvon Chouinard transferred Patagonia ownership to fight climate change, creating a unique structure where profits fund environmental protection instead of personal wealth.
Category : Corporate News
Fuel Price Freeze in Hormuz Crisis Costs Oil Firms Billions Daily
Despite surging global crude prices due to Strait of Hormuz disruptions, India has kept petrol and diesel rates unchanged, causing massive daily losses for oil marketing companies and raising sustainability concerns.
Nasscom: TCS Nashik Incident Isolated, Not Systemic
IT industry body Nasscom clarifies that the TCS Nashik incident is an isolated case, emphasizing the industry's strict governance and employee safety standards.
India's Insolvency Code Gets Major Overhaul in 2026
President of India assents to the comprehensive Insolvency and Bankruptcy Code (Amendment) Act, 2026, introducing creditor-initiated processes, group insolvency frameworks, and stricter timelines to address decade-long challenges.
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Bengaluru Hosts EBC Networking Event with Global Participation
Bengaluru recently hosted an engaging EBC networking event, attracting global participants to foster business connections and discussions on innovation and entrepreneurship.
Digital Crisis Management: Corporate Preparedness Gap Exposed
Communication strategist Pavan Kaushik reveals how social media reshapes crisis narratives before facts are verified, highlighting a critical gap in corporate crisis teams compared to government systems.
India's First Workplace Happiness Awards by Industry Leaders
India introduces its inaugural Workplace Happiness Awards, spearheaded by top industry figures to recognize companies fostering employee well-being and positive work environments.
TCS Nashik BPO Probe: Covert Police Operation Uncovers Harassment
A police covert operation at TCS's Nashik BPO led to multiple FIRs alleging sexual harassment and coercion, with seven arrests made and an SIT investigating internal complaints.
TCS Nashik Crisis: Undercover Op Reveals Harassment, POSH Failures
Nashik police conducted a covert operation at a TCS BPO unit, uncovering sexual harassment allegations, POSH Act violations, and arrests of team leaders. Nine FIRs filed, with victims aged 18-25.
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Startup Founder Fires Employee Over Leave, Sparks Ethics Debate
A Gurugram startup founder's decision to fire an employee for missing an event has ignited a fierce debate on workplace ethics, employee rights, and startup culture in India.
Massive Losses for State Oil Firms Due to Fuel Price Freeze
State-owned oil companies like IOC, BPCL, and HPCL are facing significant under-recoveries, with losses of Rs 18 per litre on petrol and Rs 35 on diesel, as retail prices remain unchanged since April 2022 despite deregulation.
TCS Nashik BPO Scandal: HR Official Arrested in Harassment Probe
A major investigation into alleged sexual harassment at a TCS BPO unit in Nashik has led to nine FIRs and multiple arrests, including an HR official from the POSH committee. An SIT is examining complaints from eight women employees.
Evergrande Founder Admits Guilt to Fraud, Bribery in Court
Hui Ka Yan, founder of China Evergrande, has pleaded guilty to multiple offenses including fraud, bribery, and illegal fundraising in a Chinese court. The verdict will be announced later.
Unseasonal Rains Delay Summer Demand, Growth Outlook Firm
A new report indicates that unseasonal rainfall across India has temporarily slowed the typical summer demand surge for products like beverages and air conditioners. However, the overall economic growth outlook for the season remains intact, with expectat
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HCL 50th Anniversary: Metro Perks Trigger Social Media Debate
HCL Group's 50-year celebration in Noida, featuring a concert by Arijit Singh, went viral after employees shared free late-night metro access. Social media reactions ranged from praise to criticism, highlighting workplace benefits and corporate engagement
TCS Nashik: Undercover Police Op Leads to 9 FIRs, 7 Arrests
A covert police operation at TCS Nashik uncovered allegations of sexual harassment and religious coercion, resulting in nine FIRs and seven arrests, including an HR official.
NCLT Starts Insolvency vs Venugopal Dhoot for Rs 6,158 Cr Loan Default
The National Company Law Tribunal has ordered insolvency proceedings against former Videocon chairman Venugopal Dhoot as a personal guarantor for defaulting on loans worth Rs 6,158 crore, following a plea from State Bank of India.
Nvidia India Staff Get CEO's Special Stock Grants Up to Rs 1 Crore
Majority of Nvidia's 10,000 India employees receive CEO Jensen Huang's one-time special stock grant, with payouts from Rs 5 lakh to Rs 1 crore over four years, highlighting equity's role in compensation.
Nadir Godrej Steps Down, Pirojsha Takes Over at Godrej Industries
Nadir Godrej steps down as chair of Godrej Industries Group at 75, with nephew Pirojsha Godrej taking over in a planned generational shift for the $20 billion conglomerate.
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LPG Dealers Meet Gadkari, Maharashtra Expands PNG Amid Global Disruptions
LPG distributors in Maharashtra raised supply and operational issues with Union Minister Nitin Gadkari. The meeting comes as the state accelerates piped natural gas expansion to counter global LPG shortages.
IT Body Seeks POSH Audit for Nashik Firm Over Harassment Claims
Nites has written to the Union Labour Minister requesting a detailed compliance audit of the POSH Act at a Nashik IT company following serious sexual harassment complaints from women employees.
TCS Nashik Harassment Cases 'Gravely Concerning': Chairman
Tata Sons chairman N Chandrasekaran expresses anguish over sexual harassment complaints at TCS Nashik office. A thorough probe is underway, with action initiated against accused employees.
Delhi Agitators Demand Wage Hike, Better Work Conditions
Workers in Delhi are protesting for a significant increase in wages and enhanced working conditions, highlighting ongoing labor issues in the capital.
Meta to Surpass Google in Digital Ad Revenue: Report
A new report forecasts Meta will surpass Google in digital advertising revenue for the first time, driven by accelerated growth rates and shifting market dynamics.
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TCS Nashik Scandal: Harassment and Conversion Allegations
TCS Nashik faces a major crisis as seven employees, including an HR manager, are arrested following allegations of sexual harassment, stalking, and religious conversion pressure from multiple women since 2022.
Sharon Pais Named Myntra CEO in Flipkart Leadership Change
Flipkart Group announces Sharon Pais as the new CEO of Myntra, replacing Nandita Sinha, as part of internal leadership restructuring ahead of its IPO.
Hindu Group Alleges 'Corporate Jihad' in TCS Harassment Case
The Hindu Janajagruti Samiti has raised concerns that a sexual harassment incident at TCS in Nashik may be part of a broader 'corporate jihad' network across India, demanding immediate action.
Tata Chairman on Nashik Incident: Treated with Utmost Seriousness
Tata Sons Chairman N. Chandrasekaran emphasizes the company's serious approach to the Nashik incident, highlighting commitment to safety and transparency in corporate governance.
Tech Layoffs to $140K/Month Restaurant: Zeeshan Bakhrani's Journey
Pakistani-American entrepreneur Zeeshan Bakhrani transformed two devastating tech layoffs into a thriving Manhattan restaurant earning $140,000 monthly, proving career setbacks can fuel remarkable reinvention.
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Tata Group Probes TCS Nashik Case with Senior Executive
Tata Group has ordered an investigation by a senior executive into allegations against TCS in Nashik, following reports of misconduct. The probe aims to ensure compliance and uphold ethical standards.
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