LinkedIn is overhauling its annual employee bonus structure, shifting to a system in which payouts will be determined entirely by individual performance from fiscal year 2027 (FY27), according to a…
Category: Companies
Krasha Financial Services to launch litigation finance platform
Krasha Financial Services, a private market firm, plans to launch an India-focused litigation finance platform in the fourth quarter of FY27, seeking to channel institutional private capital into funding large…
Thermax eyes 22% revenue growth to ₹13,000 crore on infrastructure, data-centre demand
Pune-based engineering major Thermax, which supplies industrial boilers, power equipment, cooling, and water-treatment solutions, could post about 22 per cent revenue growth in FY27, reaching nearly ₹13,000 crore from ₹10,694…
South Indian D2C food brands turn to Mumbai tastings as online customer acquisition costs rise
Rising online customer acquisition costs are pushing India’s regional direct-to-consumer (D2C) food brands towards physical marketplaces, where consumers can taste premium products before buying. Andhra Pradesh’s Bon Fiction, Kerala’s Paul…
Musk loses trillionaire status; Jensen Huang, Larry Ellison lose $15 bn amid IT stock sell-off | Who lost how much
Elon Musk on Thursday lost his trillionaire status for the second time in a month after a sharp fall in SpaceX and Tesla shares wiped $36.4 billion off his fortune…
Diageo India looks to Gen Z as it taps growing RTD market with Smirnoff ICE
India’s ready-to-drink (RTD) alcoholic beverage market is gaining momentum, with Diageo India launching Smirnoff ICE to tap changing drinking occasions and growing consumer interest in flavoured alcoholic beverages. The company…
Differences among daughter, son emerge in the TVS family
A 2020 settlement split the 115-year-old TVS industrial group among sons of founder T.V. Sundaram Iyengar. Personal differences over ownership within the family are now surfacing with his children Lakshmi…
TCS’ first reaction to US green card suspension: ‘We don’t expect an impact as…’
Tata Consultancy Services (TCS) has responded to the US government’s move to suspend it and other major IT firms from the employment-based green card programme, saying it does not expect…
OpenAI’s revenue run rate is $20 billion lower than reported: Why it matters for the Anthropic IPO race
OpenAI’s annualised revenue for September was almost $50 billion, about $20 billion below the nearly $70 billion figure reported by several media outlets late last month, the Financial Times reported…
Microsoft says ‘vast majority’ of US employees are Americans, defends H-1B hiring amid green card freeze
Microsoft on Thursday defended its hiring practices after the US government suspended the company from its employment-based green card programme, saying most of its American workforce is US citizens and…