FSN E-Commerce Ventures (Nykaa) on Monday announced the appointment of P Ganesh as its Chief Financial Officer (CFO) to further strengthen and boost the company’s financial operations and key long-term business…
Category: Companies
Microsoft to invest more in ChatGPT-maker OpenAI as tech race heats up
Microsoft announced on Monday that it would invest more in OpenAI, staking its future on the startup and technology that created the ChatGPT chatbot phenomenon and paving the way for…
Spotify to trim 6% of workforce, content head to depart
Music streaming firm Spotify Technology said on Monday it plans to cut 6 per cent of its workforce, or roughly 600 jobs, adding to a glut of layoffs in the technology sector…
‘We missed good opportunities like OYO’: India Quotient’s Anand Lunia talks hits, misses and bold bets
Anand Lunia needs no introduction in the Indian venture capital (VC) ecosystem. Known for his contrarian bets and an India-first investment approach, the Founding Partner of India Quotient (IQ) has…
Maruti Suzuki investigations: Company Chairman R.C. Bhargava breaks silence; here’s what he said
Maruti Suzuki has a whistleblower policy and any complaint received is duly investigated, the company’s Chairman, and veteran of the auto industry, R.C Bhargava told exclusively to Business Today TV.…
Gautam Adani says Adani Enterprises’ Rs 20,000-cr FPO is ‘aligned with India’s growth story’
Ahead of Adani Enterprises’ Rs 20,000-crore follow-on public offer (FPO), Adani Group Chairman Gautam Adani said the company’s strongest growth is still ahead. He said the mega FPO is part of…
Vistara reports first-ever profit in October-December quarter
Vistara, a joint venture of Tata Sons and Singapore Airlines, on Monday reported its first-ever quarterly profit (excluding unrealised foreign currency loss and non-operating income) for the quarter that ended…
‘Why fire people? Founders should take pay-cuts’: Ashneer Grover wades into layoff controversy
Former BharatPe MD and the mercurial Shark Tank India season 1 judge Ashneer Grover has said today that he has never had to fire people because of bad markets since…
Maruti Suzuki probing some execs over allegations of wrongdoing: Report
Maruti Suzuki is reportedly investigating allegations of wrongdoing by some company executives from the purchase department. The investigations come amid allegations by a whistleblower. As per reports, KPMG has been…
Adani Group to spin off hydrogen, airport, and data centre businesses by 2028
Billionaire Gautam Adani’s group intends to spin off businesses like hydrogen, airports, and data centres between 2025 and 2028 once they reach a specific investment profile, the company’s Chief Financial…