Category : Corporate News


TCS Data Centre Business Set for Lower Returns

Tata Consultancy Services' data centre division is projected to yield significantly lower returns compared to its core IT services business, according to recent analyst assessments.

Indian Telecom Exec in $500M US Fraud Scandal

Shocking revelations emerge as Indian telecom entrepreneur Bankim Brahmbhatt faces allegations of orchestrating a massive $500 million financial fraud in the United States, damaging India's business reputation globally.

Jack's Donuts Files for Chapter 11 Bankruptcy

Popular American donut chain Jack's Donuts has filed for Chapter 11 bankruptcy protection. Learn about the financial challenges, store closures, and future plans for this Indiana-based franchise.

Commercial LPG Prices Cut Across Indian Metros

In a welcome relief for restaurants and businesses, oil marketing companies have announced significant price cuts for commercial LPG cylinders in all major metro cities. Check the new rates here.

Quess Corp Q2 Profit Rises 2% to ₹52 Cr

Quess Corp demonstrates resilient financial performance in Q2 FY2024 with net profit reaching ₹52 crore and revenue hitting ₹3,832 crore, showcasing steady year-on-year growth despite market challenges.

Vedanta Q2 Profit Plunges 59% Amid Write-Off

Vedanta Ltd reports steep 59% drop in Q2 net profit to ₹1,308 crore amid one-time power business write-off. Analysts question demerger delays and JP Morgan's bid as company navigates debt challenges.

Billionaires Ambani, Adani, Nadella Buy Mumbai Bar Drinks

In an unprecedented gesture, India's wealthiest tycoons Mukesh Ambani and Gautam Adani, alongside Microsoft CEO Satya Nadella, treated patrons at a Mumbai bar to free drinks and chicken. Discover how this billionaire trio created an unforgettable night of

Indian CEO's $500M Scam Under BlackRock Scanner

Bankim Brahmbhatt, an Indian-origin CEO, faces serious allegations of orchestrating a massive $500 million investment scam that caught BlackRock's attention. Discover the shocking details of this international financial scandal.

Maruti Suzuki Q2 Profit Rises 8% to ₹3,349 Crore

India's largest carmaker Maruti Suzuki defies domestic market challenges with stellar Q2 performance, driven by highest-ever exports and improved margins. Find out how the auto giant navigated sluggish domestic demand.

ACC Q2 Profit Jumps 460% to ₹1,119 Crore

ACC Limited, the cement giant under Adani Group, reports staggering 460% year-on-year profit growth in Q2 FY2024, reaching ₹1,119 crore driven by robust sales and operational efficiency.

Urjit Patel resigns from Britannia board

In a significant corporate development, former RBI Governor Urjit Patel has resigned as non-executive director of Britannia Industries. Explore the implications and timing of this unexpected move.

Amazon Layoff Fallout: Viral Post Reveals Hidden Costs

An ex-Amazon employee's emotional X post goes viral, exposing how tech layoffs cost more than just employment - from lost healthcare to visa nightmares. Her story highlights the harsh reality of corporate restructuring.

ITC Q2 Profit Jumps 10% to ₹5,199 Crore

ITC delivers impressive Q2 performance with 10% profit surge to ₹5,199 crore, driven by strong FMCG and hotel segments. Revenue climbs despite cigarette volume pressure. Full analysis inside.

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