Reliance Power CFO, ED arrested in ₹68cr bank fraud case
In a major financial scandal, Reliance Power's CFO and Executive Director face arrest by the Enforcement Directorate over alleged ₹68 crore bank loan fraud. Details inside.
Category : Corporate News
Elon Musk's $56B Tesla Pay Package Sparks Key Man Risk Fears
As Tesla shareholders prepare to vote on Elon Musk's record $56 billion compensation package, experts warn about excessive reliance on the CEO and potential governance concerns.
Elon Musk gets record $1 trillion Tesla pay package
Tesla shareholders overwhelmingly approve Elon Musk's unprecedented $1 trillion pay package, the largest in corporate history, securing the billionaire's leadership amid growing investor confidence.
Boeing Escapes Criminal Charges for 737 Max Crashes
The US Department of Justice has decided not to prosecute Boeing criminally for the 737 Max crashes, offering the aerospace giant immunity in exchange for compliance with a 2021 settlement. Families of victims express anger and disappointment.
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Atmanirbhar Bharat Not Isolationism: Sitharaman
Finance Minister Nirmala Sitharaman clarifies that Atmanirbhar Bharat promotes resilient interdependence, not isolationism, while addressing industry leaders in Mumbai about India's economic vision.
Coimbatore employees steal ₹1.41 crore from financial firm
Two employees of a Coimbatore financial firm masterminded a sophisticated fraud, embezzling ₹1.41 crore through fabricated transactions. Police investigation reveals systematic financial manipulation over time.
Musk's $1T Pay: Nobel Economists Question Value
Nobel Prize-winning economists Esther Duflo and Abhijit Banerjee weigh in on Elon Musk's record-breaking compensation package, questioning whether astronomical pay actually improves executive performance.
Indian Billionaires Donate ₹100+ Crore in FY25
India's wealthiest philanthropists including Shiv Nadar, Mukesh Ambani, Bajaj, Birla, Adani, Nilekani and Hinduja families have collectively donated over ₹100 crore in FY25, driving transformative change across education, healthcare and social development
IndiGo vs Mahindra: '6E' Trademark Battle in Court
IndiGo Airlines and Mahindra & Mahindra clash in Delhi High Court over '6E' trademark rights. Discover how this corporate battle could reshape brand protection in India's competitive market.
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EPFO Offers Financial Benefits for Hiring Under PM Rozgar Scheme
Employees' Provident Fund Organisation urges Mumbai establishments to register for PM Viksit Bharat Rozgar Yojana and unlock monetary benefits while boosting employment generation.
SC Allows Spectrum Transfer in Aircel Insolvency Case
In a groundbreaking verdict, India's Supreme Court clears the path for telecom spectrum transfer during corporate insolvency, providing major relief to stressed telecom companies and reshaping the industry's future.
ED Issues Fresh Summons to Anil Ambani for Nov 14
The Enforcement Directorate has issued new summons to industrialist Anil Ambani, calling him for questioning on November 14 as part of an ongoing money laundering investigation that continues to make headlines.
Butterfly Gandhimathi Q2 FY26 Results: Revenue Up 2.2%
Butterfly Gandhimathi Appliances Ltd reports strong Q2 FY26 performance with 2.2% revenue growth, showcasing resilience in competitive home appliances market. Detailed financial analysis inside.
Tesla Vote on Musk's $1 Trillion Pay Nov 6
Tesla investors are set for a crucial vote on Elon Musk's unprecedented compensation package that could reach $1 trillion in value. The November 6 decision marks a pivotal moment for corporate governance and executive pay in the tech industry.
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ED summons Anil Ambani for November 14 questioning
Reliance Group Chairman Anil Ambani summoned by Enforcement Directorate for deposition on November 14 in ongoing financial investigation case.
India's services growth hits 5-month low on rains, competition
India's services sector expansion slowed to a five-month low in October as torrential rains and intense competition impacted business activity, according to the latest PMI data.
Elon Musk's $1 Trillion Tesla Pay Challenge
Elon Musk faces unprecedented challenges to unlock his $56 billion Tesla compensation package. Discover the three critical milestones that stand between Musk and financial history.
India Services Growth Cools in Oct, Price Pressures Ease
India's dominant services industry showed moderated expansion in October 2024, with business activity and sales growing at a slower pace, though price pressures saw significant relief according to HSBC's latest PMI data.
India's Company Law Administration Overhaul from Jan 2024
India's corporate regulatory framework undergoes significant transformation with revamped Company Law Administration launching in January 2024, promising streamlined services and robust oversight for businesses.
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Delhivery Q2: Losses Narrow to ₹50Cr, New CFO Takes Over
Delhivery shows significant financial improvement with reduced Q2 losses and strategic leadership changes as Vivek Pabari prepares to take over as CFO.
Novo Nordisk Profit Drops 27%, Cuts 9,000 Jobs
Danish pharmaceutical giant Novo Nordisk faces turbulent times as Q3 profits drop 27% despite Ozempic's success. The company announces massive restructuring with 9,000 job cuts worldwide. Get the inside story on what's happening behind the scenes.
Delhi HC: Mandatory EPFO for Foreign Workers in India
In a landmark judgment, Delhi High Court mandates EPFO membership for international workers, reshaping employment norms for foreign staff in India and impacting corporate hiring strategies.
United Spirits puts RCB under strategic review
United Spirits Ltd, owned by Diageo, places RCB cricket team under strategic review to concentrate on core alcohol business, potentially reshaping IPL landscape and Virat Kohli's franchise future.
Britannia CEO Shake-up: Bawa Out, Berry Returns
Britannia Industries announces major leadership changes with Rajneet Bawa's sudden departure and veteran Varun Berry's return as interim CEO while Rakshit Hargave prepares to take over.
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Tesla Board Faces Crucial Vote on Musk's $56B Pay Package
Tesla's board confronts a critical November 6 vote on Elon Musk's controversial $56 billion compensation package, with major shareholder CalPERS publicly opposing the massive payout amid growing investor concerns about corporate governance.
Norway's Wealth Fund Rejects Elon Musk's $56B Tesla Pay
Norway's $1.7 trillion sovereign wealth fund blocks Elon Musk's record-breaking compensation plan at Tesla, citing concerns over excessive pay and governance issues. The decision could significantly impact the upcoming shareholder vote.
Amazon's Brutal Layoff Email: 'No Longer Required To Work'
An internal Amazon layoff email revealing cold, corporate language sparks outrage as tech giant continues massive job cuts affecting thousands of employees worldwide.
India's Financial Crime Fight Gets FATF Recognition
India achieves major FATF recognition for strengthening anti-money laundering framework and enhancing asset recovery capabilities in financial crime battle.
American Airlines Cuts Hundreds of Jobs at Texas HQ
American Airlines reveals significant workforce reduction at Fort Worth headquarters after reporting disappointing third-quarter results, signaling restructuring amid financial challenges.
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IBM Layoffs: Thousands of Jobs Cut in Tech Restructuring
Tech giant IBM announces massive workforce reduction affecting thousands of employees worldwide as company shifts focus toward AI and software growth. Exclusive details inside.
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