Sundaram Clayton has started the process of correcting a corporate governance lapse with respect to the appointment and reporting structure of its Company Secretary, PD Dev Kishan, which was basically…
Category: Companies
CapitaLand Investment Ltd outlines 23 m sq ft India pipeline across business parks, logistics
CapitaLand Investment (CLI) is sharpening the contours of its India strategy, with a growing tilt towards logistics, data centres and capital recycling, even as it continues to scale its core…
Microsoft plans $10 billion investment in Japan to grow AI, train 1 million workers by 2030
Microsoft announced on Friday that it will invest 1.6 trillion yen ($10 billion) over the next four years as part of the tech giant’s Asia-wide push to expand artificial intelligence…
Rasna bets ₹350-cr Jumpin deal to tap ₹25,000-cr RTD market
Ahmedabad-headquartered soft drink concentrate brand Rasna’s ₹350-crore acquisition of Jumpin from Hershey India last year marks a strategic shift for the iconic “I love you Rasna” brand into the ₹20,000–25,000…
Emami looks to grow Axiom Ayurveda’s topline to ₹500 crore in 3 years, enters into beverage sector
FMCG major Emami Limited, which is planning to complete the acquisition of Axiom Ayurveda within three months, is looking to grow the topline of the beverage company to around ₹500…
Who is Sharon Pais? Flipkart executive likely to take over as Myntra CEO after Nandita Sinha exits
Nandita Sinha, the chief executive officer (CEO) of Flipkart-owned Myntra, is set to step down from her role and move on from the company in the coming weeks after more…
OpenAI expands into media with TBPN acquisition — read Fidji Simo’s full message to the team
OpenAI on Thursday (local time) announced its acquisition of TBPN, an online tech talk show with a loyal Silicon Valley following that frequently hosts industry CEOs. Described as “one of…
Faith tech firms chase growth in $35 billion market with product push
Bengaluru: India’s growing faith-tech startups are moving beyond digital horoscopes and virtual rituals to claim the nation’s $35 billion market for spiritual merchandise. So, the firms that once focused solely…
The-US Iran war opens a rare sweet spot for India’s space startups
India’s young space startups find themselves in an unlikely Goldilocks zone, as the US-Iran war is driving a surge in demand for space-based surveillance data. Despite strategic sensitivities, stakeholders believe…
In a shifting world, this is India’s leadership moment, says McKinsey global chief
In a world repeatedly reshaped by shocks—from covid and the Russia-Ukraine conflict to trade wars and the latest energy disruption linked to the West Asia war—resilience is at a premium.…