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…
Category: Companies
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.…
Exodus, revenue strain cloud Birlasoft CEO’s Angan Guha’s turnaround plan
Half a dozen senior-level exits and the possibility of a second straight full-year revenue decline have put the spotlight on the efficacy of a turnaround at Birlasoft Ltd under its…
Ex-Centerview Banker Gets Deal to End US Insider-Trading Case
Federal prosecutors have reached a settlement to eventually drop criminal charges against a former Centerview Partners LLC investment banker who was accused of participating in an international insider-trading ring and…
Emami to acquire 100% stake in Axiom Ayurveda, maker of Alofrut flavoured drink: Here are the details
is set to acquire the remaining 73% stake in Axiom Ayurveda, the parent company of flavoured drink brand Alofrut, bringing its total ownership to 100%. The fast-moving consumer goods (FMCG)…
Emcure cuts semaglutide injection price by 55%; Abbott to act as well
Emcure Pharmaceuticals has reduced the price on its starting dose of obesity drug Poviztra (semaglutide injection) by 55 per cent, starting tomorrow (April 3). It has a partnership with innovator…
TVS Venu Group to acquire PGIM’s India asset management unit
TVS Venu Group has agreed to acquire the Indian mutual fund and alternates business from global asset manager PGIM. Sudarshan Venu-led group has entered into definitive agreements, through TVS Venu…