In a relief for Yes Bank, Supreme Court on Friday has put on hold Bombay High Court’s ruling on writing down AT-1 bonds. In January, Bombay High Court quashed a…
Author: Admin
Citigroup plans to lay off less than 1% of its workforce amid fears of recession
The year 2022 was a benchmark for layoffs, but 2023 is far worse as companies across industries are eliminating positions, resulting in mass layoffs. Citigroup is the latest to join…
Adani Group to hold fixed-income road shows in London, Dubai, ‘several’ US cities: Report
Adani Group will hold fixed-income road shows this month in London, Dubai, and several cities in the United States, according to a document seen by Reuters, as the conglomerate tries…
Reliance will invest in 10GW solar energy in Andhra Pradesh, says Mukesh Ambani at Global Investors Summit
Reliance will invest in 10 gigawatts of renewable solar energy in Andhra Pradesh, RIL chairman, and MD Mukesh Ambani announced on Friday. Speaking at Global Investors Summit in Visakhapatnam, Ambani…
60% of employers expect hiring increase due to govt’s PLI scheme, finds study
A report released by the staffing company TeamLease on the impact of Production-Linked Incentives (PLI) on job creation has found that 60 per cent of employers anticipate an increase in…
Adani Group to set up two new cement plants, data centre in Andhra Pradesh, says Karan Adani
Adani Group will set up two new cement manufacturing plants, 15,000 MW of renewable power projects and a data centre in Andhra Pradesh, Karan Adani, the elder son of group…
‘Top execs took pay cuts’: NR Narayana Murthy on how Infosys handled freshers’ onboarding during 2001 dot-com bust
Amid massive delays in the onboarding of freshers at several tech firms, Infosys founder NR Narayana Murthy has shared how he handled a similar situation during the 2001 dot-com bust.…
French multinational lensmaker EssilorLuxottica plans to expand footprint in India
EssilorLuxottica, a French multinational company that designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses, is considering expanding its presence in India due to the country’s market potential. The company…
Paytm’s Company Secretary & Compliance Officer Amit Khera resigns
Paytm’s Company Secretary and Compliance Officer Amit Khera has resigned from his post, the NSE-listed company announced in its exchange filings. Sonali Singh will be stepping in as the Interim…
Adani-Hindenburg row triggers audit quality concerns; study finds firms reluctant to share auditor details
The independence and quality of the audit firm plays an important role in the overall corporate governance level of a company but firms appear reluctant to share details related to…