India needs a culture of honesty, no favouritism, quicker decision making and hassle less transactions to prosper as a country, Infosys co-founder N R Narayana Murthy said on Thursday. Speaking…
Category: Companies
US preparing antitrust suit to block Shantanu Narayen-led Adobe’s $20 bn bid to buy Figma
The US Justice Department is preparing an antitrust lawsuit to block software maker Adobe Inc’s $20 billion bid for cloud-based designer platform Figma, Bloomberg News reported on Thursday, citing people…
Sajjan Jindal to fight it out with global biz leaders for EY Entrepreneur of the Year 2022
“Musafir hoon yaaron, na ghar hai na thikaana”. If this soul-soothing Bollywood 1970s classic sung by the great Kishore Kumar is something you draw inspiration from, then you have found…
Biden nominates former Mastercard chief and IIM-A grad Ajay Banga to head World Bank
In a surprise move, US President Joe Biden on Thursday nominated Indian-American business executive Ajay Banga to become president of the World Bank, lauding his experience forging public-private partnerships to…
Good news for Adani Transmission shareholders! Fitch affirms firm’s rating at ‘BBB-‘; outlook stable
Fitch Ratings on Thursday has affirmed the ‘BBB-‘ ratings on the $400-million senior secured notes issued by Adani Transmission Ltd. The outlook of the embattled Adani Group company is stable,…
Zee moves NCLAT against NCLT admitting IndusInd Bank’s challenge to Zee-Sony merger
Zee Entertainment on Thursday moved NCLAT against NCLT admitting IndusInd Bank’s challenge to Zee-Sony merger. Zee Entertainment has filed an appeal in National Company Law Appellate Tribunal (NCLAT), seeking relief…
Hindenburg impact: Issues surrounding Adani Group will eventually hurt India’s growth, says top economist Nouriel Roubini
Top Highlights > Economist Nouriel Roubini said the recent saga surrounding the Adani Group is a symptom of a trend that will eventually hurt India’s growth. > Roubini said that…
Relief for SpiceJet? Carlyle likely to convert $100-mn debt into 5% stake in airline
Low-cost carrier SpiceJet is likely to get a much-needed lifeline from one of its biggest lessors, said reports on Thursday. Carlyle Aviation Partners has agreed to convert its outstanding lease…
46% of India Inc to offer double-digit salary hikes in 2023; top performers can get up to 16.5%
1. Three-fourth of Indian organizations are looking at 9-12 per cent salary hikes 2. India Inc continues to see high attrition of 21.4 per cent, which is driving a part…
Hindenburg report may be blessing in disguise for Gautam Adani, says economist Swaminathan Aiyar
Adani-Hindenburg row: Economist Swaminathan Aiyar has said that the Hindenburg report could be a “blessing in disguise” for Gautam Adani and his business empire as it would bring some financial…