Jewellery Group Eyes Rs 350 Crore Fundraise, Board Clears Hike
A prominent jewellery group has announced plans to raise Rs 350 crore through a capital increase, with its board approving the move to support expansion and growth initiatives.
Category : Corporate News
Alphabet Approves $692M Package for CEO Sundar Pichai
Alphabet has approved a new compensation package for CEO Sundar Pichai worth up to $692 million over three years, making him one of the highest-paid tech executives globally.
MACH Conferences Expands Leadership, Proposes Name Change
MACH Conferences strengthens its leadership team and begins a transformation into a holistic travel company, proposing a name change to MACH Corporations Limited to reflect its expanded vision.
Policybazaar and Star Health Honor Heroes of Insurance Claims
Policybazaar and Star Health have launched a joint initiative to recognize and honor the individuals who facilitate successful insurance claims, celebrating their crucial role in the insurance ecosystem.
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Tesla Accused of Union-Busting After German Vote Loss
Germany's IG Metall union alleges Tesla pressured employees during works council elections at its Berlin Gigafactory, where a management-backed list won. The union claims Elon Musk used 'capitalism to hollow out democracy'.
States to Borrow Rs 45,960 Crore via RBI Auction on March 10
Several Indian states are set to raise Rs 45,960 crore through the Reserve Bank of India's State Government Securities auction scheduled for March 10, as part of their fiscal management and development funding.
Lendingkart: Public Capex Boost Opens INR 11.2L Cr MSME Chance
Lendingkart highlights how increased public capital expenditure of INR 11.2 lakh crore can create opportunities for MSMEs through tailored business loans, aiding in infrastructure and growth.
No Ban on Commercial LPG Supply, Ministry Clarifies After Confusion
The Ministry of Petroleum and Natural Gas clarified there is no ban on commercial LPG cylinder supply after a recent order caused widespread confusion among distributors and hospitality industry in Maharashtra.
Infosys Expands Office Mandate to Junior Employees
Infosys has extended its four-day office work requirement to include junior employees at job level 6A and above, broadening its hybrid work policy. The company emphasizes leadership by example and adherence to attendance guidelines.
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Women Emerge as Key Deal-Makers in IT Industry
A handful of women leaders are reshaping the IT sector's deal-making landscape, traditionally dominated by men, by driving multi-million and billion-dollar deals at firms like Accenture, TCS, and Cognizant.
India's First Dedicated Medtech Fund Launches
India's medical technology sector is set to receive its first dedicated investment fund, MedArtha Capital, with a Rs 1,000 crore corpus. The fund, led by industry veterans, aims to support high-growth medtech companies and boost the 'Make in India' initia
Govt Uses ESMA to Boost LPG Output for Households
The Indian government has invoked the Essential Services Maintenance Act to mandate refiners to ramp up LPG production, ensuring supply for domestic cooking needs, with penalties for non-compliance.
Odisha LPG Crisis: Month Wait for Cylinders Amid War
Households in Odisha face up to a month's delay for LPG cylinder delivery due to West Asia conflict disrupting shipments, causing consumer distress and vendor struggles.
ED Raids Entities Linked to Reliance Power in Money Laundering Case
The Enforcement Directorate raided multiple locations connected to Reliance Power Ltd as part of a money laundering investigation, targeting alleged financial irregularities.
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Kolkata LPG Panic Buying Surges, OMCs Impose Lock-In Period
Fears from the West Asia conflict have triggered panic LPG bookings in Kolkata, prompting oil marketing companies to impose a 21-day lock-in period to prevent hoarding and stabilize supply chains.
Patna LPG Shortage: 15-25 Day Wait Due to West Asia Conflict
Consumers in Patna face delays of 15-25 days for booking a second LPG cylinder after delivery, as distributors cite supply chain disruptions from the West Asia conflict, including the Israel-Iran war.
KCCI Welcomes Karnataka Budget, North Karnataka Development
The Karnataka Chamber of Commerce and Industry (KCCI) has praised the state budget presented by CM Siddaramaiah, noting significant allocations for North Karnataka development, including railway projects, healthcare, and industrial growth.
Visakhapatnam Oil Caverns Key Amid Middle East Conflict
India's strategic petroleum reserve in Visakhapatnam, with 1.33 MMT capacity, provides critical energy security as Middle East tensions disrupt oil supplies through the Strait of Hormuz.
TCS CEO Bullish on AI Data Centers, Reveals Hyperscaler Talks
Tata Consultancy Services CEO K Krithivasan reveals advanced discussions with hyperscalers for AI data center deals, highlighting India's massive infrastructure gap and TCS's $1 billion investment plans.
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Axel Springer Buys Telegraph Media Group for £575M
German media giant Axel Springer has announced its acquisition of the UK's Telegraph Media Group for £575 million, pending regulatory approval. The deal marks a major expansion for the publisher of POLITICO.
SoftBank Seeks $40B Loan for $60B OpenAI Investment
SoftBank Group is reportedly negotiating a $40 billion loan, its largest dollar-denominated loan ever, to finance its massive $60 billion investment in OpenAI, as founder Masayoshi Son intensifies his AI focus.
Puri: No Energy Shortage in India, No Need to Worry
Union Minister Hardeep Singh Puri reassures citizens about India's energy security, stating there is no shortage despite West Asia tensions. Officials confirm comfortable supplies and diversified imports.
Flipkart Cuts 300 Jobs in Performance Review
Flipkart, the e-commerce giant, has laid off nearly 300 employees as part of its annual performance review process, impacting roles across departments.
Women in India's Job Postings Grow 19% Yearly
A new report reveals a 19% year-on-year increase in women's representation in India's job postings, with sectors like IT and healthcare leading the surge in gender diversity hiring.
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Flipkart Lays Off 400-500 Employees Over Performance
Flipkart has reportedly asked 400-500 employees to leave, representing 3-4% of its workforce, due to low scores in annual reviews. This is higher than the usual 1-2% attrition rate for bottom performers.
PlayBoxTV Names Tariq Malik as Chief Business Officer
PlayBoxTV has appointed Tariq Malik, a seasoned industry veteran, as its new Chief Business Officer. Malik will lead the company's next growth phase, leveraging his extensive experience in media and technology to drive strategic expansion and innovation.
Nagabushana Reddy Named Entrepreneur of the Year at 2026 South India Awards
Mr. Nagabushana Reddy has been recognized as the Entrepreneur of the Year at the prestigious 2026 South India Business Excellence Awards, celebrating his outstanding contributions to business innovation and leadership in the region.
India Not Dependent on Strait of Hormuz Supplies, Say Officials
Indian government sources confirm the nation's energy security is robust, with minimal reliance on oil and gas shipments currently delayed in the Strait of Hormuz due to regional tensions.
Jewar Airport Gets Security Nod, Launch in 45 Days
Noida International Airport has received crucial security clearance from BCAS, paving the way for domestic flights to begin within 45 days after DGCA issues the aerodrome licence.
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India Buys Russian Oil at Sea After US 30-Day Waiver
Indian refiners have increased purchases of Russian oil cargoes stranded at sea following a temporary 30-day waiver from the US Treasury Department, easing supply constraints amid global tensions.
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