LIC met top officials of Adani Group, happy with the outcome: LIC chairman

LIC officials have met with the top management of Adani Group and are happy with the outcome of the meeting, said LIC chairperson MR Kumar on Sunday while addressing the…

‘More confident of Adani Group’s business prospects’: LIC chairman on meeting Adani management

Insurance behemoth LIC chairman MR Kumar has said that his team has met up with the Adani Group’s top management amid the whole Adani-Hindenburg issue. He said that LIC after…

Airbnb layoff: 30% recruiting staff sacked despite a profitable 2022

Airbnb, a leading online hospitality firm, has fired 30 per cent of its hiring team despite the company reporting its first profitable year in 2022, according to the news agency…

‘We haven’t finalised’: IndiGo on reports that it plans to buy 500 jets from Boeing, Airbus

Hours after it was reported that IndiGo was in talks with plane manufacturers to buy 500 jets, the budget carrier said it has not finalised anything till now. On Friday,…

Centre removes windfall tax on aviation turbine fuel, slashes it on diesel

The Centre has raised the windfall tax on the production of petroleum crude to Rs 4400 per tonne from Rs 4350 effective March 4. It has, however, cut the tax…

‘With two role models,’ says Wipro’s Rishad Premji as he poses with Bill Gates and father Azim Premji

Wipro chairman Rishad Premji on Friday posted a picture on Twitter of him posing with Azim Premji, his father and founder chairman of Wipro, and Bill Gates, the billionaire founder…

SoftBank’s Masayoshi Son likely to visit Delhi next week, but might skip Oyo founder’s wedding reception: Reports

SoftBank Group Corp founder Masayoshi Son will make a visit to India next week, his first visit to the country after 2018, but might not greet Oyo founder Ritesh Agarwal…

Amazon delays construction of second phase of Virginia headquarters

Amazon.com Inc said on Friday it would push back the start of construction for the next phase of its second headquarters in Arlington, Virginia. A spokesperson for the company, responding…

Adani Total Gas, Adani Ports: ICRA downgrades rating outlook of two Adani firms to ‘negative’

Rating agency ICRA on Friday revised its outlook on two Adani Group stocks to ‘negative’ from ‘stable’ due to “deterioration in the Group’s financial flexibility”. ICRA downgraded Adani Total Gas…

ASG Eye Hospitals takes operational control of Vasan Eye Care, increases footprint across India

ASG Eye Hospitals, a chain of super-specialty hospitals delivering eye care services, has taken operational control of Vasan Eye Care following the transfer of ownership. The acquisition was approved by…