Mumbai: Allianz Jio Reinsurance has appointed Sonia Rawal as the chief executive officer of the joint venture, which has commenced operations on 26 March. Rawal brings 17 years of experience…
Category: Companies
Meta’s new pay plan could hand top executives billions — but there’s a catch
Meta’s top executives could see a sharp increase in their compensation if the technology giant manages to massively boost its stock price, according to filings the company made with the…
Nayara Energy raises petrol, diesel prices as West Asia war squeezes supply
NEW DELHI: As the West Asia war tightens fuel supplies and drives crude prices sharply higher, Rosneft-backed Nayara Energy has raised petrol and diesel prices by ₹5 and ₹3 per…
L&T Tech to sell smart world portfolio to AM Group-backed AMI Paradigm Solutions
New Delhi: L&T Technology Services Ltd is set to sell its smart world and communication (SWC) business to AMI Paradigm Solutions Pvt Ltd, a newly formed entity backed by renewable…
Palantir CEO thinks people with ADHD, autism, other neudivergence disorders have a unique edge in the AI era
Palantir CEO Alex Karp has given a list of two groups who should not be worried about the rise of artificial intelligence technology. During a recent podcast, Karp talked about…
Everstone-backed Subway set to plan India IPO to raise up to $150 million
Everstone-backed Subway India has begun preparations for an initial public offering that could raise between $100 million and $150 million, three people familiar with the matter said. The company has…
Indian luxury set for strong sales as West Asia war keeps affluent at home
As global tensions rise and travel sentiment towards conflict-hit West Asia sours, Indian luxury retailers expect affluent consumers to increasingly shift their discretionary spending domestically. The April-June quarter, usually a…
Fashion retailer OVS bets big on India, aims to make it largest market outside Italy
Italian family fashion retailer OVS S.p.A is betting big on India, with plans to make it the company’s largest market outside its home country. The move signals confidence in India’s…
Infosys’ $560 million bet on two US tech firms is its all-time highest M&A spend in a year
Infosys Ltd’s announcement late Wednesday to buy two US-based tech services firms for $560 million takes its acquisition spend in a fiscal to an all-time high, reflecting the pressing need…
Plum Insurance raises $20 million, offers partial exit to Incubate Fund Asia
Plum Insurance has raised $20 million ( ₹193 crore) from existing investors Peak XV Partners and Tanglin Venture Partners, and a new investor, Japan-based GMO Venture Partners. The funding round…