Category : Corporate News


Sanofi Names Belén Garijo as New CEO, Replacing Paul Hudson

French pharmaceutical giant Sanofi has announced a surprise leadership change, appointing Belén Garijo as its new CEO to replace Paul Hudson. Garijo, a former Sanofi executive, will take charge on April 29, with Olivier Charmeil serving as Interim CEO dur

IBC 'Clean Slate' Amendment: Legal Clarity vs. Implementation

India's IBC Amendment Bill aims to explicitly grant insolvent companies a 'clean slate' by extinguishing past liabilities. However, legislative changes alone may not suffice without cooperation from tax authorities and investigative agencies.

B.L. Kashyap Q3 FY25 Revenue Hits INR 323.87 Crore

B.L. Kashyap & Sons Ltd announced its Q3 FY25 financial results, posting a consolidated revenue of INR 323.87 crore and a profit after tax of INR 11.83 crore, reflecting steady performance in the construction sector.

Ford EV Unit Posts $4.8B Loss in 2025 Amid Sales Slump

Ford's electric vehicle business recorded a massive $4.8 billion loss in 2025, with sales of its Mustang Mach-E, F-150 Lightning, and E-Transit falling 14% year-over-year. The company is pivoting to hybrids and extended-range EVs while developing a new af

Silver, Gold Prices Drop on Strong US Jobs Data, Firm Dollar

Silver and gold prices declined on February 12 as the US dollar strengthened following positive January jobs data. Silver fell 1% to ₹2,60,453 per kg, while gold dropped 0.66% to ₹1,57,701 per 10 grams, with investors awaiting inflation data for policy di

Akasa Air Co-Founder Praveen Iyer Resigns as CCO

Akasa Air faces another leadership shakeup as co-founder and chief commercial officer Praveen Iyer resigns, following the earlier exit of Neelu Khatri. The airline appoints its CIO as the new commercial head amid fleet expansion plans.

Rolls-Royce CEO Meets PM Modi for India Expansion

Rolls-Royce CEO Tufan Erginbilgic met Prime Minister Narendra Modi to discuss scaling up operations in India, including expanding its global capability centre and building high-value engineering capabilities.

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