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.
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.
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.
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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Oracle has begun notifying thousands of employees in India about job cuts as the company restructures to focus on AI data centre expansion. Reports suggest up to 12,000 roles may be affected.
IndiGo appoints IATA Director General and former British Airways chief William Walsh as CEO, effective August. Walsh brings decades of aviation leadership to drive international expansion and operational excellence.
Chennai-based Sathya Agencies Limited has submitted a draft red herring prospectus to SEBI for an initial public offering aiming to raise up to Rs 600 crore. The company operates 427 retail stores across South India.
A former Cognizant employee won $8.4 million in a lawsuit alleging the company favored cheap Indian labor and discriminated against non-Indian workers, with Florida Governor Ron DeSantis commenting on the verdict.
The Social Democratic Trade Union highlights severe LPG shortages at fuel stations across Mangaluru district, causing hardship for autorickshaw drivers and workers due to price hikes and supply issues.
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Murugappa Group's Carborundum Universal Ltd announces voluntary winding up of its German subsidiary CUMI AWUKO Abrasives GmbH due to continued underperformance and mounting losses, with estimated financial impact of ₹110-130 crore.
Jamshedpur residents report 'ghost deliveries' from an LPG agency, with SMS confirmations sent but no cylinders received. Officials investigate digital manipulation and backlog issues.
Oracle Corporation has commenced a significant restructuring effort, with reports indicating that approximately 30,000 employees are likely to be laid off globally as part of cost-cutting measures.
IndiGo has appointed former British Airways CEO Willie Walsh as its new Chief Executive Officer, effective August 2024. Walsh, currently Director General of IATA, brings extensive aviation leadership experience to help the airline expand globally and stre
The Indian government has raised the regulated gas price for ONGC and Oil India to $7 per MMBTU, effective from October 1, 2024, to boost domestic production and reduce import dependency.
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Autorickshaw drivers in Mumbai's western suburbs face incomplete refuelling and long queues due to low CNG pressure. The union proposes temporary pump halts to boost pressure and ensure full tanks.
Vedanta Ltd has petitioned the Supreme Court, alleging its higher bid for bankrupt Jaiprakash Associates was unfairly rejected in favor of Adani Group's offer, citing arbitrariness by lenders.
Sushant Phadnis discusses strategies for global businesses to navigate India's intricate financial landscape, including regulatory hurdles and market opportunities.
IndiGo has appointed William Walsh as its new CEO, leveraging his extensive global aviation background to lead the airline's growth and operational strategies.
Oracle has initiated widespread layoffs across global offices, with employees in the US, India, and other regions receiving abrupt termination emails. The cuts affect teams like RHS and SVOS, with severance tied to signing paperwork and unvested RSUs lost
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Amway India, after two years of foundational strengthening, enters a new phase focused on stability, compliance, and impact. Managing Director Rajneesh Chopra discusses aligning with India's development goals, enhancing direct selling ethics, and driving
IndiGo has appointed William Walsh as its new CEO, effective from October 1, 2024. He succeeds Pieter Elbers, who will step down after two years. Walsh brings extensive aviation experience from Aer Lingus and other roles.
IndiGo has appointed former British Airways CEO William Walsh as its new chief executive, following the resignation of Pieter Elbers amid operational challenges faced by the airline in December.
IndiGo has appointed William Walsh as its new CEO, replacing Pieter Elbers who stepped down amid a flight cancellation crisis. The move aims to restore stability and passenger confidence.
Core4 Engineers Limited has submitted its Draft Red Herring Prospectus to BSE SME, marking a significant step towards its initial public offering. The company specializes in engineering services.
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Magnum Ice Cream has acquired a 61.9% stake in Kwality Wall's through a Share Purchase Agreement executed on June 25, 2025, involving key entities like The Magnum Ice Cream Company Netherlands BV and Unilever PLC.
The Insolvency and Bankruptcy Board of India has suspended the registration of an insolvency professional in the Supertech case, citing multiple regulatory lapses and failures in duty.
Ride-hailing giant Grab announces a fuel surcharge hike to SGD 0.90 per trip in Singapore, effective immediately, citing global fuel price volatility and operational costs.
The traditional concept of a boss as a manager is fading as employees now seek mentors who guide growth. Experts reveal how this shift impacts retention, innovation, and team resilience in 2025-2026.
Global giants Unilever and McCormick are in final negotiations to form a joint venture valued at $60 billion, merging their food portfolios to create a dominant player in the packaged foods industry.
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Major Indian IT firms like TCS, Infosys, and Wipro have reduced bench strength by 25% over two years, with numbers falling from 300,000 to 225,000. Experts cite slower growth and a shift toward AI and cloud skills as key drivers, indicating a permanent ch
