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Corporate Affairs
Google parent Alphabet appoints Anat Ashkenazi as new CFO
San Francisco: Google parent Alphabet on Wednesday announced the appointment of Anat Ashkenazi as the company's new Chief Financial Officer (CFO).
Ashkenazi, 51, will start her new role at Alphabet on July 31, 2024, according to a US…
Delhi HC halts use of Domino’s trademark by Punjab-based food chain Donito’s
New Delhi: The Delhi High Court has issued an ex-parte ad interim injunction against Punjab-based food chain Donito's, restraining it from using the trademark of Domino's for selling pizzas and burgers.
The order was passed by Justice…
I’m an investor in space startup Agnikul Cosmos: Anand Mahindra
New Delhi: Mahindra Group Chairman Anand Mahindra, on Monday, disclosed that he is an investor in space startup Agnikul Cosmos, which last week launched the world's first rocket with a fully 3D-printed engine.
On Thursday, the rocket…
Tata Group, Serum Institute of India in Time’s world’s top 100 most influential companies’ list
New Delhi; Tata Group and the Adar Poonawalla-run Serum Institute of India (SII) have been recognised among the top 100 ‘World’s Most Influential Companies of 2024’ by Time magazine.
While the Tata Group was included in the list under…
EaseMyTrip withdraws GoFirst bid to focus on core growth areas: CEO Nishant Pitti
New Delhi: Online travel company EaseMyTrip's CEO Nishant Pitti on Saturday announced the withdrawal of the bid for GoFirst airline to concentrate on the company’s areas of strength.
The decision came as the company posted a net loss…
Wipro’s former CEO took home $20 mn in FY24; executive chairman Rishad Premji takes pay cut
Wipro said its newly appointed CEO and MD Srinivas Pallia will receive an annual compensation in the range of Rs 37 crore to over Rs 58 crore ($4.5 million to $7 million).
6.80 lakh mobile connections taken using forged documents
The DoT said that advanced AI analysis identified these potentially fraudulent connections.
Technological Breakthroughs to Propel India’s Manufacturing Sector to Global Dominance
Speakers at CII Next-Gen Manufacturing Forum 2024
Corporate affairs ministry slaps fines on LinkedIn India, Nadella for companies law violations
Fines of Rs 2 lakh each have been imposed on Nadella and LinkedIn CEO Ryan Roslansky, respectively.
Trident Limited registers 8% growth in FY’24; Declares Interim Div. for FY’25
Chandigarh: Ludhiana based Trident Limited, one of the largest vertically integrated Textile (Yarn, Bath & Bed Linen) Paper (Wheat Straw-based) and Chemical manufacturer has reported financial results for the fourth quarter and year…
Why gold will continue to shine despite hitting record highs
Prices of the precious metal have soared three times in past 9 years, and bullion experts expect the prices to hit R2 lakh/10 grams in the next 7 to 12 years
Investors reject Nestle India’s plan to hike royalty to parent
The proxy advisory firm said the proposed rate of 5.25% is higher than royalty payments by other MNCs in India.
Vodafone to prioritise 4G network growth over 5G; to spend Rs 55,000 crore
The telco on Friday announced that it will spend Rs 55,000 crore in the next three years in capex, and focus on 4G expansion.
Elon Musk arrives in Indonesia’s Bali to launch Starlink satellite internet service
Musk will also sign an agreement on enhancing connectivity in the country's health and education sectors.
Reliance Jio pays EMD of Rs 3K cr for Spectrum bid
In contrast, competitors Bharti Airtel and Vodafone Idea (Vi) require spectrum renewals in some circles during the auction.
EU warns Microsoft to give Bing AI risk data or face fines
The US tech behemoth now has until May 27 to provide "internal documents and data".
The larger the nonprofit, the more likely it is run by a white man, says new Candid diversity report
The report found that environmental and animal welfare groups were least likely to have diverse leadership, with 88% having a white CEO. Nearly three-quarters of religious nonprofits had white CEOs.
SBI AMC eyes Rs 5,000-crore from the new automotive fund
This fund is for those investors who are keen to add a thematic offering to the satellite portion of their portfolios, the fund managers said.
Samsung’s domestic market share drops 13% in Q1, Apple gains 19%
However, globally, Samsung still dominates, holding the top position with a 20.8% market share, followed closely by Apple with a 17.3% share. In the December 2023 quarter, Samsung lost its top position to Apple globally.
AI spending in India to reach $5.1 billion by 2027
Intel at its AI for India Conference on Tuesday, unveiled a joint report assessing the AI maturity level across eight markets, including India.