Corporate Affairs

Bengaluru: Welspun One Logistics Parks (WOLP), an integrated fund, development and asset management organization, said on Thursday that it intends to spend a total of Rs 2,000 crores in Karnataka, under an MoU signed by the state…

Hyderabad: Wipro Limited, a leading technology services and consulting company, on Thursday announced the launch of a new financial services’ advisory capability in India. Capco, a Wipro company, will supplement Wipro’s presence in the…

New Delhi: We are cementing our fundamentals to ensure a stronger economy, Prime Minister Narendra Modi said on Wednesday, adding that instead of 'red tape', his government has created an environment of 'red carpet' for investors. He was…

San Francisco: Advertisers plan to boycott Twitter if Elon Musk allows Donald Trump back on the platform after taking over as the social media boss, The Wall Street Journal reported. After paying $44 billion to close the deal he tried to…

San Francisco: The world's richest man, Elon Musk, has completed his $44bn takeover of Twitter, according to US media and an investor in the firm. He tweeted "the bird is freed", in an apparent reference to the deal closing, reports BBC. A…

Seoul: South Korean electronics giant Samsung on Thursday named convicted heir and de facto boss Lee Jae-yong as its Executive Chairman. "The Board cited the current uncertain global business environment and the pressing need for…

London: GAP and Adidas are the latest brands to cut ties with rapper Kanye West in response to his “hateful” and “inexcusable” anti-Semitic comments. The American clothing company announced it was immediately removing the fashion…

Washington: Time Magazine reported an employee's letter to Elon Musk and the company's Board of Directors to keep their jobs and relevant benefits if the deal to acquire the social media platform goes through amid rumors of a planned…

Bengaluru: John Shaw, husband of Biocon executive chairperson Kiran Mazumdar Shaw, passed away on Monday morning in a private hospital. The 73 years old Shawan ex-vice chairman of Biocon Limited, was undergoing treatment at the hospital.…

Mumbai: Reliance Industries Limited (RIL) on Friday said that it will demerge its financial services business and list it separately under Jio Financial Services Limited (JFSL). ''The Board of Directors of Reliance Industries Limited…

Mumbai: Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday reported almost flat consolidated net profit at Rs 13,656 crore for the quarter ending September 30, 2022 (Q2FY23). The corporate behemoth had posted Rs 13,680…

New Delhi: Nokia on Monday said that it has won a multi-year deal with Reliance Jio to supply 5G Radio Access Network (RAN) equipment. As per the contract, Nokia will supply equipment to Reliance Jio from its AirScale portfolio including…

Moscow: US billionaire entrepreneur Elon Musk said on Saturday that Russia is trying to "kill" Starlink satellite services in Ukraine, and the system could stop working regardless of the invested resources in its protection. "Starlink is…

New Delhi: India’s overall exports in September 2022 are estimated to be USD 61.10 Billion, registering a growth of 10.24 per cent over the same period last year, data released by the Ministry of Commerce and Industry said on Friday.…

Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Thursday asked Tata sons to expand its foot print in Odisha. Patnaik said this to Tata Sons Chairman N Chandrasekharan when he called on him at Naveen Niwas, the residence of Chief…

New York: The world's richest man, Elon Musk, has scented a new opportunity to capitalize on quirky products, launching a perfume called “Burnt Hair” that he said sold 10,000 bottles to earn a million dollars in just a few hours.…

London: The Hinduja family, recognized as the richest in the United Kingdom, has been accused of refusing to pay the workers of its company Hinduja Global Services (HGS) a "real living wage," while its personal fortune increased by 11.5…

Jaipur: Prices of laptops, smartphones and TVs could fall substantially and may cost one-fourth of their current prices once the manufacturing of semiconductor and glass starts, said Vedanta Group Chief Anil Agarwal here on Friday while…

Mumbai: IDFC Mutual Fund announced the launch of the IDFC Transportation and Logistics Fund, an open-ended equity scheme investing in transportation and logistics sector, intending to benefit from the multi-year growth opportunity in the…

Hyderabad: The Indian smartphone market growth in volume clocked 44 per for offline retail in H1 2022 against the previous year, according to GfK Market Intelligence Report. “The offline channel growth of smartphones reached 2019 sales…