Malaysia Airlines Partners with Mumbai Indians for Growth
Malaysia Airlines has announced a strategic partnership with the Mumbai Indians, India's premier cricket team, to enhance its presence in India and expand globally.
Category : Corporate News
Infosys CEO Debunks Viral ICE Detention Claims for Employee
Infosys CEO Salil Parekh clarified that no employee was apprehended by US ICE, addressing viral social media posts about a detention case. He confirmed one employee was denied entry months ago.
Dimon-Trump Truce Cracks Over Fed Chair Powell Dispute
JPMorgan CEO Jamie Dimon carefully rebuilt his relationship with President Trump, but a public clash over Federal Reserve independence threatens to shatter it again, revealing the delicate dance between corporate America and the administration.
Consumers Support Govt on 10-Min Delivery, Want Speed for Medicines
A new survey reveals 74% of consumers support the government's push to remove 10-minute delivery promises. Most want quick delivery only for medicines and essentials, citing rider safety concerns.
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KKR Closes $2.5B Asia-Pacific Credit Fund
Global investment firm KKR has successfully closed its second Asia-Pacific performing credit fund with $2.5 billion in capital. The fund has already deployed more than half of this amount across ten strategic investments.
IndiGo Crisis: DGCA Slept, CCI Silent on Woes
The DGCA and CCI failed to act during IndiGo's recent crisis, raising questions about regulatory oversight in India's aviation sector as the airline faced operational and financial challenges.
RIIL Q3 FY26 profit up 9.9% YoY to Rs 3.01 crore
Reliance Industrial Infrastructure Ltd reports a 9.9% year-on-year rise in net profit for Q3 FY26, reaching Rs 3.01 crore. The company's financial performance shows steady growth.
Infosys Under US DoJ Investigation for H-1B Visa Issues
The US Department of Justice is investigating Infosys over how it classified certain H-1B visa employees in immigration documents. The company faces potential penalties, recalling past settlements.
Infosys Outperforms TCS, Ups Revenue Guidance
Infosys shares surged 8% on NYSE after reporting better-than-expected sales and upgrading its FY26 revenue growth forecast to 3%-3.5%, driven by large deal wins.
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Maharashtra Tops NITI Aayog Export Index, Uttarakhand Leads Small States
Maharashtra emerged as the top performer among large states in NITI Aayog's Export Preparedness Index 2024, with Uttarakhand leading among small states and UTs.
Gentari India Stake Sale Attracts Global Bidders
Global firms Macquarie, Actis, and Sembcorp are evaluating bids for a 50% stake in Gentari's India renewable energy business, valued at $2-2.5 billion.
Amazon Appeals Italian Antitrust Fine, Claims No Wrongdoing
Amazon announces appeal against Italian court's reduced antitrust fine, arguing it should pay nothing. The legal battle continues as regulator seeks original higher penalty.
Union Urges Quick Commerce to Scrap 10-Minute Deliveries
A workers' union in Karnataka calls on all quick commerce companies to withdraw 10-minute delivery models, citing concerns over worker welfare and arbitrary ID blocking practices.
India Gets $51 Billion FDI in H1 FY26
India has secured $51 billion in foreign direct investment during the first half of the 2025-26 financial year, according to the latest data from DPIIT.
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Saks Real Estate Could Be Key in Bankruptcy Restructuring
Saks Global's prime real estate portfolio could provide crucial leverage with lenders during bankruptcy. The luxury retailer may monetize assets through sale-leaseback deals while navigating vendor challenges.
Insurance Team Assesses Rourkela Aircraft Crash Damage
An insurance team visited the force landing site near Rourkela to assess damage. Injured passengers remain in critical care, with one on ventilator support.
Chennai Man Delivers Food on Wheelchair, Earns Rs 20,000
Lakshmanan Angamuthu, a paraplegic from Chennai, works as a Zomato delivery agent using his motorized wheelchair, overcoming challenges to earn Rs 20,000 monthly and inspire others with disabilities.
Essar Energy Transition Reports Record 2025 Domestic Sales
Essar Energy Transition achieves highest domestic sales since 2011 at its Stanlow refinery, driven by increased output and expanded operations in the UK.
Infosys Adds 5,000+ Employees in Q3
Infosys reported a significant workforce increase, hiring over 5,000 employees in the third quarter, reflecting strong growth and demand in the IT sector.
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Infosys Beats Q3 Revenue Forecasts, Upgrades Guidance
Infosys reports $5.1 billion revenue for December quarter, exceeding analyst expectations. The company raises full-year guidance to 3-3.5% as demand recovery gains momentum in IT sector.
Infosys CEO Denies US Arrest Rumors About Employees
Infosys CEO Salil Parekh addressed false rumors during Q3 earnings call, confirming no employees were apprehended by US authorities. The company clarified the situation.
Government Slows India's 10-Minute Delivery Race
India's quick-commerce platforms are stepping back from their 10-minute delivery promise due to government pressure over gig worker safety and stress concerns.
IndiGo Crisis: CCI Must Act as Proactive Regulator
While DGCA faces criticism over IndiGo's flight cancellations, the Competition Commission of India's passive role raises concerns. CCI must proactively investigate potential market abuse instead of waiting for complaints.
Labour Codes Dent Q3 Earnings, IT Firms Face Pressure
India's new labour regulations increase payroll costs, impacting corporate earnings in Q3. IT companies like TCS and Infosys see significant margin pressure as employee expenses rise.
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Infosys Q3 Profit Falls 2.2% on Labour Code Impact
Infosys reports a 2.2% decline in Q3 net profit to Rs 6,654 crore, impacted by Rs 1,289 crore in labour code expenses. Revenue grows 8.9% to Rs 45,479 crore. The company provides FY26 guidance of 3.0-3.5% revenue growth and 20-22% operating margin.
India's 10-Minute Grocery Delivery Debate
Union labour minister urges quick commerce firms to drop '10-minute delivery' ads, sparking debate on whether this addresses road safety or is just symbolic policy.
Burnout in India's White-Collar Workforce: A New Normal?
A Reddit post reveals deep exhaustion among Indian professionals. Long hours, commutes, and constant connectivity are taking a toll. Is burnout now the price of success?
HCLTech Appoints Sandeep Saxena Chief Growth Officer
HCLTech promotes Sandeep Saxena to Chief Growth Officer, strengthening its strategic focus on the India market. He will report directly to CEO C Vijayakumar from Mumbai.
Infosys Q3 Profit Falls 2.2% to Rs 6,654 Crore
Infosys reports 2.2% decline in Q3 FY26 net profit to Rs 6,654 crore while revenue grows 9% year-on-year. CEO Salil Parekh highlights strong demand for AI solutions.
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IndiGo Faces Backlash Over Alleged Mistreatment of Child Passenger
Writer Neelesh Misra alleges IndiGo staffer made rude remarks to his 10-year-old daughter traveling alone. Airline responds with investigation and defense of protocols.
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