Category : Corporate News


Zuckerberg Buys $200M Miami Mansion in Tax Exodus

Meta CEO Mark Zuckerberg and wife Priscilla Chan are purchasing a waterfront estate on Miami's exclusive Indian Creek island for up to $200 million, joining other Silicon Valley billionaires fleeing California's proposed wealth tax.

Tesla VP Raj Jegannathan Ends 13-Year Tenure

Tesla Vice President Raj Jegannathan has resigned after nearly 13 years, announcing his departure via LinkedIn. His exit comes as Tesla faces sales pressure, leadership changes, and major AI investments.

Salesforce Lays Off 1,000 Staff in AI-Focused Restructuring

Salesforce has reportedly eliminated nearly 1,000 positions across marketing, product management, and data analytics teams. The layoffs coincide with significant leadership changes and the company's increased reliance on AI tools like Agentforce.

KSDL Appoints Tamannaah Bhatia as Brand Ambassador

State-owned Karnataka Soaps and Detergents Ltd partners with actress Tamannaah Bhatia in a two-year deal to boost market presence, relaunch Mysuru Sandal Soap, and target Rs 5,000 crore turnover by 2030.

Q3 Results 2026: 280 Firms to Declare Earnings on Feb 10

Around 280 companies, including Titan, Grasim Industries, and Eicher Motors, are set to release Q3 FY26 results on February 10, 2026, with market experts predicting continued stock-specific action as the earnings season nears its end.

Bertelsmann Next Enters India with Let's Transport Buy

Germany's Bertelsmann Next has acquired an 80% stake in Let's Transport, marking its entry into India. The platform aims to consolidate logistics through acquisitions, focusing on long-term growth in mid-market companies.

Samara Capital Closes Fund with SMS Facility Sale

Samara Capital concludes its second fund by selling SMS Integrated Facility Services to Norwest-backed SILA Solutions, achieving a 25% gross IRR and paving the way for its third fund with growing domestic investor interest.

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