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Reliance seeks Shareholder nod to Re-Appoint Ambani as Head for 5 years at NIL Salary

Aug 7, 2023

Reliance Industries Ltd, India's most valuable firm, has asked shareholders for permission to extend Mukesh Ambani's five-year term as chairman and managing director of the company until 2029 - a period during which he has chosen not to be paid.

Maruti expected to launch 10 new models in next 8 years, says chairman Bhargava

Aug 6, 2023

Maruti Suzuki India (MSIL) might have 28 different models in its range by 2030-31 (FY31), including six electric vehicles (EVs), according to Chairman R C Bhargava in the company's annual report.

Business

Infosys EVP and former HR head Richard Lobo Resigns

Aug 5, 2023

Richard Lobo, Executive Vice President and former Head of Human Resources at Infosys, has resigned, the latest in a string of high-level departures. Lobo was assigned to a special projects team under Parekh after Sushanth Tharappan was…

Business

Apple Loses its Historic $3T market value as Stock Dips Due to Lack of iPhone Demand

Aug 5, 2023

Apple's reign as the world's first $3 trillion corporation came to an end on Friday, a day after the company revealed its third consecutive quarter of decreasing revenue owing to lacklustre iPhone demand.

Business

Government to examine Sebi’s allegations against Zee Entertainment

Aug 5, 2023

The Ministry of Corporate Affairs (MCA) is looking into allegations of irregularities in Zee Entertainment Enterprises made by market regulator Securities and Exchange Board of India (Sebi).

Business

Another Blow for Infosys as SVP Charles Salameh joins Sangoma Tech Corp as CEO

Aug 4, 2023

Another Infosys senior executive has departed the business to join another company. Charles Salameh, senior vice president of Infosys, has left the firm to become the new CEO and member of the board of directors of Sangoma Technologies…

Business

Zomato CEO responds as Twitter user Sneers ‘2 crore mujhse le leta’

Aug 4, 2023

Zomato announced a net profit of Rs 2 crore in the first quarter of the current fiscal year on August 3, sparking a rush of memes and jokes on social media.

Business

Dabur Replies to Claims of Carcinogens in Honey, Calls them ‘Motivated’ and ‘Baseless’

Aug 4, 2023

Dabur India Ltd. dismissed reports of cancer-causing substances in their honey, calling the claims "motivated" and "baseless."

Business

Apple registers record sales in June quarter in India

Aug 4, 2023

The June quarter proved to be an eventful one for Apple. The Cupertino tech behemoth not only inaugurated its first two Apple Stores in India, for which CEO Tim Cook flew down, but it also established a June Quarter record in India, fueled…

Business

WAE Limited Unveils Revolutionary Glass Bottling Filling Plant at IHE Expo 2023

Aug 4, 2023

WAE Limited, a leading expert in hydration solutions, proudly announced the launch of its innovative Glass Bottling Filling Plant at India International Hospitality Expo (IHE) 2023.

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