(Bloomberg Opinion) — Nelson Peltz has blinked, sweetening his bid for Janus Henderson Group Plc to a “best and final” $8 billion. The billionaire activist investor can be pushed around a…
Category: Companies
Nvidia’s Huang says human-level AI has arrived. Don’t get too excited.
Human-level artificial intelligence is already here, at least according to Nvidia CEO Jensen Huang. But it’s not exactly what most people would want from the technology. “We’ve achieved AGI,” Huang…
Trai drops 1% turnover penalty proposal, caps telcos’ false reporting fine at ₹5 cr
The Telecom Regulatory Authority of India (Trai) has dropped a proposal to impose penalties of up to 1% of turnover on service providers that file incorrect financial reports after objections…
Sona Comstar battle: Priya Kapur moves to oust Rani Kapur from trust
Priya Sachdev Kapur has moved to oust her estranged mother-in-law, Rani Kapur, from a trust set up by the late Sunjay Kapur that controls the promoter entity of listed Sona…
Swiggy follows suit, raises platform fee per order after Zomato amid Middle East conflict—check new rate
Food delivery platform Swiggy has increased its platform fee to ₹17.58 per order, according to its app on Tuesday, following a similar hike by rival Zomato in recent days. Swiggy…
West Asia crisis: Berger Paints to hike premium, mass segment prices up to 10%
MUMBAI: Berger Paints Ltd will raise prices of its mass premium and luxury products by up to 10% over the next three weeks, joining peers in passing on rising input…
Centre moves to curb bank fraud; calls high-level meeting with CBI, banks to discuss mule accounts, delays
NEW DELHI: The Centre has called a high-level meeting of the Central Bureau of Investigation, the Department of Financial Services and public sector banks on Wednesday to devise ways to…
Rajasthan Royals sold for $1.63 billion: Who is Kal Somani, the man behind IPL’s biggest deal?
As the new season of the Indian Premier League () begins on 28 March, the Kal Somani-led consortium’s acquisition of the Rajasthan Royals (RR) franchise has now become the biggest…
JPMorgan appoints Rahul Badhwar as India senior country officer
MUMBAI: Wall Street bank has appointed Rahul Badhwar of HSBC as its senior country officer for India, according to an internal memo reviewed by Mint. The role had remained vacant…
Merger done, can Omnicom-IPG keep the agency model alive in India?
Mumbai: Tony Harradine, now chief executive officer (CEO) of Omnicom Media Asia Pacific, is often travelling to India from the company’s regional headquarters in Australia. India is just that crucial…