Simon Thompson, The Chief Of Royal Mail, Steps Down
After a year-long dispute with employees over compensation and a disagreement about delivery, the Royal Mail’s CEO resigned on May 12. He showed his gratitude to his […]
Business
Linda Yaccarino Might Become New Twitter CEO
Elon Musk, the owner of Twitter, claimed on Thursday, May 11, to have hired a new chief executive officer (CEO) to lead the social networking […]
Indian Rupee Surges Below 80 Against Strengthening US Dollar
Due to the widespread rise in the dollar index, the Indian rupee declined on Thursday, May 11, moving closer to the almost two-week lows touched earlier this […]
Bajaj Finance Offers Higher Returns on FDs With 40 Basis Points Rise
The fixed deposit (FD) rates of Bajaj Finance, the lending division of Bajaj Finserv, increased by up to 40 basis points on Wednesday, May 10. The Plan […]
Foxconn Acquires 300 Acres of Land in Bengaluru
Taiwanese electronics firm Foxconn, the largest contract electronics producer in the world and a major Apple iPhone assembler, revealed in a filing on Tuesday, May 9, that […]
Over 2 million 5G users in Mumbai avail the Airtel Service
Airtel today, on May 9, stated that it had reached 2 million 5G consumers in Mumbai since its introduction in October of last year. 5G Coverage […]
Air India Extends Voluntary Retirement Deadline to May 31
On Monday, May 8, Air India stated that it would extend the deadline for staff to apply for the Voluntary Retirement Scheme (VRS) till the end of […]
SpiceJet Gets Notice From NCLT Regarding Their Insolvency Petition
On May 8, SpiceJet received a notification from the National Company Law Tribunal in response to a petition filed by aircraft lessor Aircastle (Ireland) Ltd that asked […]
Two Adani Companies Receive A Lowered Free Float From MSCI
In its forthcoming May index review, the index provider MSCI said on Friday that it would reduce the free float percentages of two Adani Group […]
NCLT to decide on Go First’s voluntary resolution process amid aircraft repossession threat
While aircraft lessors vehemently objected to the petition, the National Company Law Tribunal (NCLT) on Thursday, May 4, reserved order regarding the crisis-hit airline Go […]
Manappuram Finance Chief’s Rs 143 Crore Assets Frozen By ED
Famous Kerala-based NBFC Manappuram Finance Ltd MD and CEO VP Nandakumar’s assets worth Rs 143 crore have been frozen by the Enforcement Directorate following raids […]
MSCI Tweak May Trigger $200M Outflows From HDFC
The index provider revised the adjustment factor on May 5, contradicting Street expectations that HDFC’s combined company would command double the current weight in MSCI […]
Cognizant Cuts Cost By Firing 3,500 Of Its Employees
Cognizant, a primary provider of IT services, announced on Thursday, May 4, that it would let go of 3,500 workers, or around 1% of its […]
Carl Icahn’s empire crumbles after Hindenburg Research’s short attack
US short-seller Hindenburg Research announced on Tuesday, May 2, that its most recent target for 2023 is Icahn Enterprises, a conglomerate in which activist investor […]
The American Airlines Pilots Back A Strike Mandate For Workforce Gains
Pilots in North America adopted new measures on Monday, May 1, to push for labor improvements, with Air Canada pilots endorsing a merger with a […]
Bharti Enterprises Concedes 51% Of Its Stake To Brookfield
At an enterprise value of Rs 5,000 crore, international investment company Brookfield has finalized a deal to purchase a 51% stake in the four commercial […]
Aryan Khan’s clothing brand D’YAVOL X slammed for ‘outrageous’ prices; netizens ask ‘Who will buy?’
Aryan Khan, the son of Bollywood superstar Shah Rukh Khan, recently launched his own clothing line called ‘Aryan’. The brand offers “premium quality” and “exclusive […]
JP Morgan Acquires The Struggling First Republic Bank
US authorities seized First Republic Bank on Monday, May 1, and a deal was struck to sell the bank to JPMorgan Chase & Co, making […]
What Should You Know about Solar Panels & Where Should You Get It From?
If you look around, you will find more and more people are investing in solar panel for sustainable energy and lower energy bills. This post will take […]
Richard Sharp Resigns From BBC Over Boris Johnson Loan Case
Richard Sharp, the chairman of the British Broadcasting Company (BBC), announced his resignation on Friday, April 28, following allegations over his role in securing a […]