(Bloomberg) — Jamie Dimon has joined the legion of chief executive officers extolling the virtues of small teams. Echoing a wave of anti-bureaucracy statements by corporate leaders including Amazon.com Inc.’s Andy Jassy…
Category: Companies
InCred Alternatives closes maiden special opportunities credit fund with ₹1,500 crore corpus
InCred Alternatives has closed its maiden special opportunities credit fund with a corpus of ₹1,500 crore, joining a wave of investment firms entering India’s growing private credit market. “India’s private…
Exclusive: Air India CEO Campbell Wilson resigns amid losses, operational setbacks
Air India chief executive Campbell Wilson has stepped down from the helm of India’s second-largest airline, and is currently serving his notice period, two people with direct knowledge of the…
Godrej Consumer sees 6–9% cost surge, guides for steady growth
Godrej Consumer Products Ltd (GCPL) on Monday said it expects a 6–9% increase in input costs due to a sharp rise in crude-linked commodities, even as it guided for steady…
D2C brands face longer wait, higher costs to enter quick commerce as monetisation tightens
Direct-to-consumer (D2C) brands are facing longer onboarding timelines and rising costs to list on quick commerce platforms, as surging demand and a sharper focus on profitability prompt these firms to…
From WagonR to Scorpio: How India’s top cars stack up on CO2 emissions ahead of CAFE-3
As the Centre moves to tighten fuel efficiency standards for passenger vehicles, the Ministry of Petroleum and Natural Gas (MoPNG) has submitted vehicle-specific emission data to the Prime Minister’s Office…
Consumer companies witness demand growth in March quarter, but West Asia conflict looms large
Consumer product companies across sectors are expected to report improvement in revenues in the March quarter, analysts said. FMCG (Fast-Moving Consumer Goods) players witnessed improvement in volume growth in the…
Nykaa flags 28% Q4 revenue growth, poised to achieve ₹10,000-crore milestone
(Nykaa) expects consolidated net revenue to grow 27–29 per cent year-on-year in the March quarter, marking its fastest expansion in 12 quarters, driven by a rebound in its fashion business…
Success of out-of-court settlement under IBC depends on framework, implementation
The out-of-court settlement proposed under Insolvency and Bankruptcy Code will reduce the load on NCLT and help promoters to turn around assets without getting into prolonged legal battle. The recently…
CuraTeQ Biologics gets ‘positive’ results in phase study of Omalizumab
CuraTeQ Biologics, a wholly-owned subsidiary of Aurobindo Pharma, obtained positive top-line results from phase 3 study of an investigational biosimilar to Xolair (omalizumab). The study of the drug candidate (BP11) ‘successfully’…