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…
Category: Companies
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…
How Vedanta’s weak semiconductor proposal has emerged as a promising one
1. Vedanta Foxconn joint venture to invest Rs 1,54,000 crore to set up a semiconductor plant in Dholera Special Investment Region near Ahmedabad 2. Both Vedanta Foxconn lacks semiconductor fab…
Adani’s Rs 8,673 crore copper project puts 7 public sector banks in the spotlight
The State Bank of India, Bank of Baroda, Indian Bank, Punjab National Bank, and EXIM Bank, all public sector entities, have a committed a loan facility of Rs 6,071 crore…
Adani fiasco: Hindenburg’s Nathan Anderson alleges Vinod Adani as key negotiator of deals for the conglomerate
Adani stock rout: Nathan Anderson, the founder of the New York-based Hindenburg Research, whose scathing report on the Adani Group last month led to a major rout in its shares,…
Citigroup CEO Jane Fraser gets a pay hike! Gets $24.5 million paycheck in 2022
At a time when job cuts are impacting employees across sectors, Citigroup Inc paid Chief Executive Jane Fraser $24.5 million for 2022, up 9 per cent from the prior year.…
Intel cuts dividend to lowest since 2007 to save cash
Intel Corp on Wednesday cut its dividend payout to its lowest in 16 years and decided to scale back big investments to save cash amid slowing demand for its chips…
SAP announces ex-Deloitte CEO Punit Renjen as chairman designate to succeed co-founder
SAP named former Deloitte CEO Punit Renjen as chairman designate to succeed co-founder Hasso Plattner, whose term will expire in May 2024. SAP’s board nominated Renjen, global CEO of Deloitte…
Good news for Adani Green shareholders! Sri Lanka investment board approves firm’s $442-mn wind power plants
Sri Lanka’s Board of Investment on Wednesday approved two wind power plants by Adani Green Energy Ltd with a total investment of $442 million, a statement issued by the board…