If the past six years have been marked by the fierce battle for dominance over the country’s telecommunications market between multibillionaire Mukesh Ambani’s Reliance and erstwhile leaders like Airtel, Vodafone…
Category: Companies
BharatPe row: ‘Ask him to maintain decorum’, Delhi HC directs Ashneer Grover’s counsel
The Delhi High Court has directed the lawyer for former BharatPe managing director Ashneer Grover to ask his client to maintain decorum. While hearing a suit filed by BharatPe, Delhi…
The guitar-strumming CEO: How IDFC First Bank’s boss V. Vaidyanathan changed India’s NBFC space
Uday Kotak used to play the sitar. V. Vaidyanathan, another entrepreneur-banker, who loves to be called Vaidya, plays the guitar. For five years, between 2014 and 2018, he performed at…
Paytm Payments Bank gets RBI nod for Surinder Chawla as new MD and CEO
Paytm Payments Bank Limited (PPBL) on Sunday announced the appointment of veteran banker Surinder Chawla as its new managing director (MD) and chief executive officer (CEO). The appointment has been…
‘Mukesh Bhai is a very good friend of mine, I respect him a lot:’ Gautam Adani praises RIL chairman
Adani Group chairman and founder Gautam Adani on Saturday praised Reliance Industries chairman Mukesh Ambani saying he has contributed a lot to the progress of the country and that he…
Cisco fires nearly 700 employees from various departments in US
IT and networking multinational company Cisco has fired close to 700 employees in the Bay Area, which also includes 80 people in its San Francisco offices, SFGATE reported. This comes…
Titan Q3 business update: Healthy consumer demand pushes combined sales by 12% in Q3
Tata group-owned Titan Company Limited or Titan has reported a 12 per cent year-on-year (YoY) rise in its total sales after a vibrant festive season across all its business categories…
McDonald’s plans to layoff employees in April 2023, confirms CEO Chris Kempczinski
McDonald’s is planning job cuts in a major reorganisation as the company is trying to refocus on its strategies to accelerate restaurant expansion, CEO Chris Kempczinski said. These layoffs are…
Adani eyes stake in state-owned power trader PTC India: Report
A stake for sale in state-backed electricity trader PTC India Ltd is attracting initial interest from potential suitors including Asia’s richest man Gautam Adani, Bloomberg News reported, citing people familiar…
Samsung’s quarterly profit plunges to 8-year low on demand slump
Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for…