Jayanti Chauhan, the daughter of Bisleri International chairman Ramesh Chauhan, will steer the bottled water company now that Tata Consumer Products Ltd (TCPL) has withdrawn from the acquisition process, according…
Category: Companies
Disney likely to layoff 4,000 employees in April, directs managers to pick candidates: Report
Entertainment giant Disney is planning massive layoffs and it has asked managers to make a list of employees who will be laid off in the coming weeks, Business Insider reported.…
Fugitive Nirav Modi’s company has only Rs 236 in bank account: Report
Nirav Modi, a once-prominent billionaire diamond merchant, is currently facing his worst financial phase yet. Modi’s downfall began in 2019 after he was arrested by London police for his alleged…
Hindenburg-hit Adani Group suspends work on Rs 34,900 cr petchem project in Gujarat
Hit by Hindenburg Research’s stinging report, Adani Group has reportedly suspended work on a Rs 34,900 crore petrochemical project in Gujarat’s Mundra. In 2021, Gautam Adani-led group’s flagship firm Adani…
India Today Conclave: Indian Hotels’ Puneet Chhatwal speaks on surviving lows during Covid lockdowns
Puneet Chhatwal, Indian Hotels MD and CEO, said the Covid period for them was about being compassionate and empathetic to thousands of frontline and migrant workers in the country. Speaking…
Wipro lays off 120 employees in US, cites ‘realignment of business needs’
Several IT firms have done mass layoffs and cost cuts in anticipation of an economic downturn. Now IT major Wipro is slashing at least 120 employees, citing “realignment of business…
SpiceJet flew one PPE suit from Shanghai to Coimbatore during the pandemic; here’s why
Ajay Singh, the Chairman and Managing Director of SpiceJet, recently participated in a panel discussion at the India Today Conclave 2023, along with other business leaders. The topic of discussion…
‘Uninformed and deliberate attempt to mislead’: Adani Group CFO on Mahua Moitra’s tweet against Vinod Adani
Adani Group CFO Jugeshinder ‘Robbie’ Singh on Thursday slammed Trinamool Congress MP Mahua Moitra for her tweet against the status of Vinod Adani, chairman Gautam Adani’s elder brother, in the…
TCS appoints K Krithivasan as CEO designate: 10 key things to know about him
TCS chief Rajesh Gopinathan put in his papers on March 16 after a career spanning over 22 years with Tata Consultancy Services, the country’s largest software exporter. He will be…
RPSG Group to launch a green energy venture capital fund, says Sanjiv Goenka
Indian multinational conglomerate RPSG Group will launch a green energy venture capital fund in next few months, announced company’s Chairman Sanjiv Goenka on Friday at the India Today Conclave 2023. …