Confidence Petroleum Ltd executed a bold mid-voyage buyout, diverting two vessels carrying 50,000 MT of cooking gas from China to India by paying a hefty premium, providing crucial supply relief.
Bharti Airtel announces a $1 billion investment from Alpha Wave Global, Carlyle, and Anchorage Capital in its subsidiary Nxtra Data, aimed at scaling data centre infrastructure and capturing market share in India's booming sector.
The Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2024, aiming to expedite resolution processes and enhance creditor control in corporate insolvency cases.
Air Canada CEO Michael Rousseau will retire by Q3 2025 following criticism over his handling of communications after a fatal accident and language issues in bilingual Canada.
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Vedanta Group has filed a plea in the Supreme Court challenging the proposed takeover of Jaiprakash Associates Ltd by Adani Enterprises, claiming it was the highest bidder unfairly rejected by lenders.
A CAG audit reveals serious lapses at Singareni Collieries, including flawed contracts, weak oversight, and avoidable financial losses totaling over ₹1,400 crore in mining operations.
Flipkart has announced the strategic appointments of Smita Ojha and Amit Sharma as Vice Presidents to enhance technology scaling and execution frameworks for long-term growth.
Meta's market value plummeted by over $310 billion in March as investor confidence wanes due to heavy AI spending and rising legal liabilities, with shares down 19% this month.
The Shipping Ministry of India has implemented comprehensive monitoring for all Indian vessels and crew, with eight sailors recently returning safely from international waters.
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Akasa Air has integrated two additional Boeing 737 MAX 8 aircraft into its fleet, boosting its total to 24 planes and achieving a 35% growth over the past year. This expansion supports the airline's strategy to enhance domestic and international connectiv
A new hire at a Big 4 firm ignited a viral Reddit discussion by refusing mandatory weekend work, highlighting burnout and work-life balance issues in India's corporate culture.
Philip Morris India has been certified as a Great Place to Work for the fifth consecutive year, recognizing its strong workplace culture and employee-centric policies in the Indian market.
CNBC India has unveiled a new logo and refreshed its brand identity across its network, including TV and digital platforms, to modernize its look and enhance viewer engagement.
Nestle confirms 12 tonnes of KitKat bars stolen from factories in Italy and Poland. The company is investigating with authorities, assuring supply safety and tracing stolen goods via batch codes. Social media erupts with memes about the chocolate heist.
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Viraj Profiles, a leading manufacturer, has launched its CSR program 'Indradhanu' with a medical camp near Boisar, Maharashtra, offering free health services to the local community.
Vedanta Chairman Anil Agarwal asserts the company reversed its bid for Jaypee Group assets despite written confirmation, sparking analyst scrutiny over the rationale behind this strategic shift.
Economic Offences Wing registers FIR for alleged Rs 2.19 crore fraud at ReNew Private Limited involving fake invoices and kickbacks. Four accused named, including an employee of a third-party service provider.
Air Canada CEO Michael Rousseau issues public apology for expressing condolences in English only after fatal crash, sparking national debate over French language skills in Canada.
Vijaypat Singhania, former Raymond Group chairman and textile industry pioneer, has passed away. His landmark project in Vidarbha transformed the region's economy and put India on the global textile map.
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The Confederation of Indian Industry (CII) has called for joint efforts with the central government to establish strategic reserves and buffer mechanisms for critical raw materials, fuels, and intermediate goods, amid West Asia conflicts.
IndiGo announces 30 new routes from Navi Mumbai International Airport, featuring a daily Kolkata flight with morning timings, enhancing connectivity and offering early travel convenience.
Dredging Corporation of India Limited commemorated its 50th anniversary in Visakhapatnam, highlighting its growth from Rs. 200 crore to Rs. 1,148 crore revenue and 80% market share in maintenance dredging.
Google argues it shouldn't pay $370,000 in legal fees after losing a constitutional challenge in Canada's Competition Tribunal. The tech giant claims the fees violate its rights and should be reduced due to public interest arguments.
KPMG UK plans to cut up to 440 audit jobs and 120 advisory roles due to low attrition and weak demand, reflecting broader pressures in professional services.
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Anil Agarwal of Vedanta criticizes the Jaypee Associates bid decision, while industry analysts support the Adani Group's quicker recovery strategy for the distressed assets.
Vijaypat Singhania, a distinguished Indian industrialist, held an honorary PhD, served as Honorary Air Commodore, and received the Padma Bhushan award.
Routematic's deployment of 400+ EVs in Bengaluru and Pune saves 65,400 litres of fuel every 15 days, translating to Rs 65 lakh in savings. Annual projections show potential savings exceeding Rs 15 crore.
The Confederation of Indian Industry praised the government's response to the West Asia crisis and introduced a 12-point agenda to enhance industry resilience, focusing on supply chains and economic stability.
Vijaypat Singhania, the former chairman of the Raymond Group, has passed away peacefully in Mumbai. His last rites are scheduled for Sunday, as confirmed by a company spokesperson.
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Paramount Skydance has launched Phase 2 of its return-to-office plan, requiring employees outside New York and Los Angeles to work full-time in-office from September 14. Remote workers must relocate by 2027, with attendance tracked and noncompliance riski
