Management - general

07 Nov 2023

WeWork, the once high-flying office space provider backed by SoftBank Group, filed for bankruptcy protection on Monday, 6 November 2023.

03 Nov 2023

According to BofA Global Research, the Disney-controlled ESPN sports network is currently exploring opportunities to attract investments from various sources

02 Nov 2023

In a special milestone, LinkedIn, the business-focused social network owned by Microsoft, announced on Wednesday, 1 November, 2023, that it has crossed the one billion-member mark.

01 Nov 2023

In a decisive move, Carlsberg, the Danish brewing giant, has officially cut all ties with its Russian business, refusing to engage in any dealings with the Russian government that would legitimize the seizure

01 Nov 2023

Troubled flexible workspace provider WeWork is on the brink of filing for bankruptcy as early as next week. The SoftBank Group-backed company, grappling with a staggering debt load

23 Oct 2023

The EU Tax Observatory suggested on Monday, 23 October, 2023, that governments should introduce a global minimum tax on billionaires

17 Oct 2023

If China's largest property developer, Country Garden, fails to make a $15 million coupon payment on Tuesday, October 17, 2023,

16 Oct 2023

Rite Aid filed for Chapter 11 bankruptcy on Sunday, October 15, 2023, taking a step to suspend the lawsuits against the drugstore chain related to its alleged

07 Nov 2022

Kamath will also serve as an independent director and non-executive chairman of Reliance Strategic Investments Limited (RSIL), a wholly-owned subsidiary of the company engaged in the financial services business

04 Sep 2022

Anahita Pandole (55), a well-known gynaecologist, who was driving the car and her husband Darius Pandole (60), survived the crash, while Mistry and Jahangir Pandole, brother of Darius, who were in the back seat, were killed in the accident

21 Jul 2022

31 Jan 2022

05 Jan 2022

Mittal, who has been serving as director (HR) since 27 November 2018 and  the senior-most director on the board of ONGC, will serve as CMD of the energy `Maharatna’ for a period of six months beginning 1 January 2022

09 Aug 2021

Vodafone Idea has to pay dues of over Rs58,000 crore to the telecom department that are linked to adjusted gross revenues dating back to 2007, while the company has gross debt of Rs1,80,000-crore 

06 Jul 2021

Stuck in a low-interest domestic market, Sumitomo Mitsui has been looking for acquisitions in Asia’s emerging markets like Vietnam, the Philippines and India to support growth

05 Jul 2021

08 Apr 2021

05 Apr 2021

26 Mar 2021

The court also refused to entertain Shapoorji Pallonji group’s plea for fair compensation of their equity shares in Tata Sons, saying that the value of SP group shares will depend on valuation of Tata Sons’ equities and that the SC would not get into determining what should be a fair value

26 Mar 2021

20 Nov 2020

29 Sep 2020

24 Sep 2020

Jane Fraser has been elected to the board of directors of Citigroup, and will take over from Corbat when he retires from Citi and steps down from its board of directors in February 2021

21 Sep 2020

While Madhav Prasad and Priyamvada had no children, the extended Birla family expected charitable trusts to inherit the estate, but to their surprise, a few days after Priyamvada’s death, Lodha showed up with a will allegedly written by her in 1999

14 Sep 2020

Fraser, currently Citi’s president and CEO of global consumer banking, will succeed Corbat as CEO in February, and she has been elected to the board of directors, with service beginning immediately