Category : Corporate News


Oracle's New CFO Amid Layoffs and AI Expansion

Oracle appoints Hilary Maxson as CFO immediately after laying off thousands of employees. The company is investing heavily in AI infrastructure while facing significant debt and potential further job cuts.

Air India CEO Campbell Wilson Resigns Amid Challenges

Air India CEO Campbell Wilson has resigned after leading the airline since 2022, as the carrier faces persistent losses and regulatory scrutiny following a fatal crash. His tenure saw Vistara integration but was hampered by supply chain issues.

Reliance Loads Venezuelan Crude After US License Approval

A Reliance Industries unit has started loading 2 million barrels of Venezuelan crude, directly procured from PDVSA, following a US general license secured in February 2026. This move diversifies sourcing amid eased sanctions.

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