Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO; bank begins search for successorIn a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 202...
Persistent Systems to acquire Nagarro; combined entity to generate $2.9 billion in annualised revenueIndian IT firm Persistent Systems is making a significant move by launching a takeover bid for German digital engineering company Nagarro S...
HDFC Bank case: Ex-Chairman Atanu Chakraborty questions external legal review, calls it "superfluous"Former HDFC Bank chairman Atanu Chakraborty has questioned the necessity of an external legal review into his resignation, stating the bank...
Why risk strategy will define India Inc’s next decadeBy converting global risk signals into actionable growth edges, Indian businesses can not only safeguard their operations but also position...
Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
'I was in denial with the idea of quick commerce’: BigBasket founder Hari MenonBigBasket founder Hari Menon is stepping down as CEO after 15 years, reflecting on the company's evolution from scheduled deliveries to emb...
Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...
JPMorgan puts two more in line to succeed Jamie DimonJPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents, signaling a significant step in succession planning for CEO Ja...
BJP seeks cancellation of Bengaluru tunnel road tender, targets Congress over Adani bidThe BJP has demanded Karnataka government scrap the Bengaluru tunnel road tender, alleging the Adani Group's bid is a staggering 96% over t...
Harsh Goenka says Rishabh Pant's Rs 12 crore salary cut is unimaginable in corporate world, netizens reactRPG Group Chairman Harsh Goenka's viral social media post comparing cricketer Rishabh Pant's IPL earnings drop to a CEO's salary sparked de...
CM Shivakumar inaugurates 33 spillway gates of Tungabhadra DamKarnataka Chief Minister D K Shivakumar, alongside Union Minister C R Patil and the Chief Ministers of Andhra Pradesh and Telangana, inaugu...
Japan's super-long bonds briefly change course to fall after weak auctionJapan's long-dated bond market saw a dip Friday after a 20-year bond auction attracted weak investor interest. Concerns over increased gove...
Medical college project: PAC takes serious note of absence of Andaman's chief secretaryPAC chairman KC Venugopal said the official, who had been summoned by the panel, informed the committee on Tuesday night that he would not ...
Vishal Sikka’s AI startup Hang Ten Systems raises $32 million led by MayfieldFormer Infosys CEO Vishal Sikka has launched Hang Ten Systems, an AI startup focused on enterprise solutions, securing $32 million in seed ...
Swiggy Instamart COO Ankit Jain, CBO Hari Kumar quit amid top-level rejigQuick commerce platform Instamart has seen key leadership departures with COO Ankit Jain and CBO Hari Kumar resigning due to personal reaso...
Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
Uber board sued over alleged 'serial' compliance failures, sexual abuse lawsuitsIn a complaint filed in San Francisco federal court, shareholders led by a Detroit pension fund said board members ignored repeated inter...