Dale Vaz, the chief technology officer of Swiggy, has reportedly resigned from the company after about five years. Madhusudhan Rao, who has been with the company for over four years,…
Category: Companies
‘Nobody shed tears for those…’: Aswath Damodaran points to misplaced sympathy for new-age tech firms
Valuation guru Aswath Damodaran told Business Today recently that he’s of that opinion that “young companies” shouldn’t be getting bank debt and that no one should “shed tears” for companies…
Infosys founder Narayana Murthy explains why he is a capitalist
NR Narayana Murthy, founder of IT services company Infosys, spoke about his inclination towards capitalism while speaking at the Indian Institute of Management Ahmedabad (IIMA) over the weekend. Murthy recalled…
Former Israel ambassador to India appointed Executive Chairman of Adani’s Haifa Port
Former Ambassador of Israel to India, Ron Malka, has been appointed Executive Chairman of the Haifa Port, owned by Adani Group and its Israeli partner Gadot Group. The consortium of…
Feel bad that I invited my mother to visit Infosys only when she was dying: NR Narayana Murthy
NR Narayana Murthy, the founder of Indian IT giant Infosys and currently the Chairman of Catamaran Ventures, shared anecdotes from his life while speaking at the Indian Institute of Management,…
McDonald’s temporarily shuts US offices, prepares layoff notices: Report
Burger chain McDonald’s Corp is temporarily closing its US offices this week as it prepares to inform corporate employees about its layoffs as part of a broader company restructuring, the Wall…
Paytm appoints EY as new statutory auditor after PwC
Paytm’s parent company, One 97 Communications Limited, has approved the appointment of SR Batliboi and Associates LLP (SRB), commonly known as Ernst and Young (EY), as its new statutory auditor…
Adani Ports acquires Karaikal Port for Rs 1,485 crore
Adani Ports and Special Economic Zone Ltd (APSEZ) on Saturday said that it has completed the acquisition of Karaikal Port Private Limited (KPPL) pursuant to National Company Law Tribunal (NCLT)…
Flex space and technology companies dominate office leasing in Q1 2023
The first quarter of 2023 saw flex space operators inch closer to technology companies in terms of leasing, accounting for 20 per cent of the total leasing across the top…
Amul hikes milk price in Gujarat by Rs 2 per litre
Amul increased the cost of fresh milk by Rs 2 per litre starting on April 1 in several areas of Gujarat. The MRP will rise by 3 to 4 per…