The UK government, during a Parliament debate on Tuesday, defended the British Broadcasting Corporation (BBC) that was surveyed by the Income Tax department citing issues related to international taxation and…
Author: Admin
IT employee union NITES files complaint against Wipro with Labour Ministry
IT employee union Nascent Information Technology Employees Senate (NITES) has filed a complaint against Indian IT major Wipro with the Labour Ministry on Wednesday, Business Today has learned. The complaint reads: “The…
Maharashtra plans dedicated zones to encourage start-up ecosystem
The Maharashtra government is actively working on a holistic policy to encourage more start-ups in the state by offering them dedicated zones with all the required infrastructure under one roof. …
Mahindra enters into asset transfer agreement with Mahindra Electric Automobile
Mahindra & Mahindra has entered into an Asset Transfer Agreement with Mahindra Electric Automobile Limited (MEAL) for transfer of certain assets pertaining to the latter. The transfer of the balance…
Adani Transmission to announce debt refinancing plans in a few weeks
Adani Transmission will announce debt refinancing plans in a few weeks, executives said on Tuesday in an investor call, according to a source with direct knowledge of the matter. The company,…
J&J loses challenge to $302 mln judgment over pelvic mesh marketing
The U.S. Supreme Court on Tuesday let stand a $302 million judgment against Johnson & Johnson in a lawsuit brought by the state of California accusing the company of concealing…
Hindenburg effect: Gautam Adani’s net worth slips to around $46 bn on massive slide in m-cap, stocks
Billionaire and Adani Group chairman Gautam Adani’s net worth has been in a downward spiral much like the combined market cap of Adani Group and the value of the…
BEL signs two MoUs for the Advanced Medium Combat Aircraft programme with DRDO, Cisco
Defence PSU Bharat Electronics Ltd (BEL), which designs, manufactures and supplies state-of-the-art products and systems in a wide variety of fields, including Radars, Missile Systems, Military Communications, Naval Systems, to…
McKinsey to cut 2,000 jobs in one of its biggest layoffs
Consulting giant McKinsey & Co is planning to cut about 2,000 jobs, in one of its biggest round of layoffs, Bloomberg News reported on Tuesday, citing people with knowledge of…
Judge asks if Elon Musk’s $56 bn Tesla pay hangs on a legal ‘kill shot’
A trial challenging Elon Musk’s $56 billion pay at Tesla Inc may hang on whether a single material misleading disclosure to shareholders would void the compensation plan, which the judge…