Category : Corporate News


Cabinet Approves Rs 10,000 Crore ATF Fund for Airlines

The Union Cabinet has approved a Rs 10,000 crore ATF Price Stabilisation Fund to protect airlines from volatile fuel prices amid the Middle East conflict, ensuring stable operations and shielding passengers from fare spikes.

Wipro CEO Pallia Earns Rs 49.6 Crore in FY26

Wipro CEO Srini Pallia's total compensation for FY26 stood at Rs 49.6 crore, including salary, allowances, commission, and long-term incentives, as per the company's annual report.

TransBnk Unveils First Speaker Lineup for CBNxT'26

TransBnk launches CBNxT'26, a first-of-its-kind corporate banking event in Mumbai, featuring leaders from Yes Bank, HDFC, Standard Chartered, HSBC, and more to discuss AI, treasury, and embedded finance.

US Flags India in Section 301 Forced Labour Probe

The USTR has concluded a Section 301 investigation covering 60 countries, including India, for failing to enforce forced labour import prohibitions. The finding comes as a US trade delegation visits India for bilateral trade talks.

ED Raids Vedanta Premises in FEMA Violation Probe

The Enforcement Directorate searched Vedanta Ltd premises in Delhi, Mumbai, and Udaipur over suspected FEMA violations involving brand royalty transactions between UK-based Vedanta Resources and its Indian subsidiary.

Bolt CEO Defends HR Elimination and Layoffs

Bolt CEO Ryan Breslow defends eliminating HR and laying off 30% of staff, citing entitlement and need for wartime efficiency to revive the fintech firm after valuation plummeted from $11B to $300M.

Oyo Parent Prism Gets SEBI Nod for IPO

Prism, Oyo's parent, secures SEBI approval for its third IPO attempt, targeting up to Rs 6,650 crore and a $7-8 billion valuation amid market volatility.

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