India has emerged among the top three global markets for The Swatch Group’s Tissot, just behind China and the US and overtaking traditional strongholds France and Switzerland, as the Swiss…
Category: Companies
Focusing on profitable growth: LTM CEO Venu Lambu
IT outsourcer LTM Ltd’s chief executive Venu Lambu is eyeing faster growth this fiscal year, driven by the company’s first acquisition, despite the rise of automation tools and macroeconomic uncertainties.…
Others open their wallets for buybacks. Cognizant turned to credit.
. is financing its $2 billion share repurchase through bank credit, in a departure from the information technology (IT) industry’s practice of using cash reserves for such transactions. The development…
Elon Musk’s control over SpaceX expands with super voting shares, unusual governance rules: Report
SpaceX has reportedly introduced a series of unconventional corporate governance arrangements that appear to further strengthen the power of founder and CEO Elon Musk ahead of what could become one…
Massachusetts Uber, Lyft drivers certify first statewide ride-hailing union amid automation fears
BOSTON (AP) — Drivers for ride-hailing apps such as and Lyft in Massachusetts became the first in the nation Tuesday to certify a union, marking a milestone in the growing…
Crypto Firm HTX Accused by UK of Helping Russia Move Money
Cryptocurrency firm HTX has been sanctioned by the UK government, who allege that the exchange was part of “infrastructure” used by Russia to circumvent sanctions and helped move $1.5 billion…
Govt aims to collect up to ₹5,000 crore via Coal India share sale
New Delhi: The government aims to collect up to ₹5,000 crore by selling its shares in state-run Coal India Ltd (CIL), in a bid to meet the disinvestment and asset…
Tata Sons’ board discusses threadbare its new businesses, prodded by Noel Tata
Bengaluru/ Mumbai: Tata Trusts chairman Noel Tata’s push for clarity on new Tata Sons businesses prompted the company’s board to discuss in detail plans for aviation, batteries, electronics, semiconductors and…
Who is Albert Manifold and why did BP remove him as chairman?
British energy giant has abruptly removed chairman Albert Manifold less than a year after appointing him, citing serious concerns related to governance standards, oversight and conduct. The unexpected move marks…
Jubilant Ingrevia’s ₹2,000-crore specialty bet starts paying off as CDMO, nutrition drive growth
Noida-based Jubilant Ingrevia Ltd, part of the Jubilant Bhartia Group, is beginning to see returns from its nearly ₹2,000-crore investment push into specialty chemicals, outsourced manufacturing and nutrition ingredients, as…