Management - general
Amazon to Pay $2.5 Billion to Settle Prime Subscription Allegations
By Axel Miller | 26 Sep 2025
Amazon has agreed to pay $2.5 billion to resolve claims from the Federal Trade Commission (FTC) that it misled customers into signing up for its Prime membership program.
Mercedes Reshuffles Leadership, Names New Technology and Production Chiefs
By Cygnus | 24 Sep 2025
Mercedes-Benz has announced changes to its top management as the German automaker pursues cost efficiencies and a younger board.
Under Safra Catz, Oracle Surges as a Powerhouse in the AI and Cloud Revolution
By Cygnus | 22 Sep 2025
Under the continued leadership of CEO Safra Catz, Oracle has solidified its position as a central player in the artificial intelligence boom
Nestle Shares Edge Higher as Leadership Shake-Up Accelerates
By Axel Miller | 17 Sep 2025
Nestle’s stock showed signs of recovery on Wednesday after the company announced an unexpected change at the top: Chairman Paul Bulcke
Trump targets Musk’s subsidies amid renewed political clash
By Axel Miller | 01 Jul 2025
U.S. President Donald Trump has reignited a simmering feud with Elon Musk, urging a review of the billions in government subsidies granted to the billionaire’s companies.
Toyota’s Akio Toyoda re-elected as chairman amid $33 billion buyout spotlight
By Axel Miller | 12 Jun 2025
Toyota Motor’s shareholders have voted to re-elect Akio Toyoda as chairman, signaling strong domestic investor confidence despite growing unease from international stakeholders over a $33 billion
Tata Sons’ Aarthi Subramanian appointed executive director-president and COO of TCS
15 Apr 2025
Aarthi Subramanian, currently serving as digital head at Tata Sons, will take over as executive director-president and chief operating officer (COO) of Tata Consultancy Services (TCS) next month.
Bharat Mobility Expo: India’s first air taxi, flex fuel cars and lots of EVs
21 Jan 2025
The first two days of Bharat Mobility Global Expo 2025 saw the launch of over 90 products offering advanced mobility solutions and auto components.
N Srinivasan resigns as CEO and MD of India Cements as Aditya Birla Group takes control
26 Dec 2024
N Srinivasan on Wednesday stepped down as chief executive officer and managing director of India Cements, as Aditya Birla Group flagship UltraTech
L&T’s power transmission and distribution division wins major orders from Middle East, Africa
31 Oct 2024
Engineering and construction giant Larsen & Toubro (L&T) on Wednesday said its Power Transmission & Distribution (PT&D) division has won new orders
Noel Tata appointed chairman of Tata Trusts
13 Oct 2024
Noel Naval Tata, half-brother of Ratan Tata has been appointed the new chairman of Tata Trusts, on the passing away of Ratan N Tata, ending all speculation about the succession at Tata Sons.
Boeing workers reject deal with management, opt for strike
13 Sep 2024
Boeing workers belonging to the International Association of Machinists and Aerospace Workers (IAM) struck work on Thursday, rejecting a four-year contract the company signed with the union.
Hindenburg: To Modi via Adani, Sebi and PAC
07 Sep 2024
Colonisers of yesteryears are now shadow boxing - fighting what they think are systemic faults that governments and its agencies in the former colonies are incapable of rectifying.
Delhi HC disrupts SpiceJet flights with order to ground 3 engines for default on lease payments
18 Aug 2024
The Delhi High Court has ordered SpiceJet to ground three of its leased engines for failure to pay lease rentals to the lessors.
Wipro appoints Sanjeev Jain as chief operating officer
19 May 2024
Wipro appoints Sanjeev Jain as chief opeWipro Limited on Friday announced the appointment of Sanjeev Jain as the company’s chief operating officer (COO) in place of Amit Choudhary
Godrej family announces formation of 2 groups
02 May 2024
The 127-year-old diversified Godrej Group on Wednesday announced a formal division into two separate groups – one controlled by brothers Adi Godjej and Nadir and the other by their cousins Jamshyd Godrej and Smita Godrej.
IREDA granted `Navratna’ status
29 Apr 2024
State-owned Indian Renewable Energy Development Agency (IREDA) has been granted 'Navratna' status by the Department of Public Enterprises, the company stated in a stock exchange filing on Friday.
Sail suspends 2 directors, 26 other officials over alleged corruption
20 Jan 2024
State-owned Steel Authority of India Limited (Sail) has suspended two directors, and 26 senior officials, including executive directors, over alleged corruption, according to a regulatory filing with the stock exchanges.
Musk aims for 25% voting control at Tesla prior to advancing AI objectives
16 Jan 2024
In a recent announcement on social media platform X, Tesla’s CEO, Elon Musk, expressed his discomfort with the idea of steering the automaker towards leadership in artificial intelligence (AI) and robotics without securing at least 25% voting control.
Hertz shifts gears: Opts for gas cars over EVs, including Teslas
12 Jan 2024
Hertz Global Holdings, a car rental company, is set to sell about 20,000 electric vehicles. This number even includes cars that have been manufactured by Tesla.
BlackRock slashes Byju’s valuation to $1 billion amid ongoing challenges
12 Jan 2024
In a recent disclosure by US-based asset manager BlackRock, the valuation of its stake in ed-tech giant Byju’s has been further reduced to approximately $1 billion, marking a significant 95% decrease from its peak valuation of $22 billion in 2022
Adani's big move: Gautam Adani unveils Rs 2 trillion investment plan for Gujarat
10 Jan 2024
Indian billionaire entrepreneur Gautam Adani revealed plans for a substantial investment exceeding Rs 2 trillion in Gujarat during his address at the Vibrant Gujarat Global Summit.
Boeing's 737 Max 9 incident raises safety concerns and prompts grounding
08 Jan 2024
An emergency landing of an Alaska Airlines Boeing 737 Max 9 in Portland, Oregon, USA, has prompted the Federal Aviation Administration (FAA) to order inspections, affecting about 171 planes owned by Alaska, United, and other carriers.
IndiGo announces removal of fuel charges amid ATF price drop
04 Jan 2024
IndiGo, one of India’s leading airlines, announced on Thursday, 4 January 2024, that it would eliminate fuel charges on all domestic and international flights.
Disney secures support from activist investor ValueAct Capital
04 Jan 2024
In a significant development, The Walt Disney Company has garnered support from ValueAct Capital, a notable activist hedge fund. This backing comes amid board challenges posed by billionaire financier Nelson Peltz.