Page 92 - Companies

Parents, cos bat for 'responsible gaming' as industry nears formalisation

Parents are worried, but the industry is working to establish mechanisms promoting 'responsible gaming' in India

Fractal Growth Partners eyes $250 mn fund to invest in Indian tech startups

"It's targeting investments of $10 million to $15 million per target company and plans to close the investments in about five years"

Twitter workers forced to drop class-action suit over severance packages

An attorney who said she's filed at least 300 such claims said the process could be costly for Twitter

Apple cuts CEO Tim Cook's pay by more than 40% to $49 million in 2023

Apple Inc. is cutting Chief Executive Officer Tim Cook's compensation by more than 40% to $49 million in 2023, citing investor guidance and a request from Cook himself to adjust his pay.

Whirlpool of India MD Vishal Bhola resigns, CEO Eswar to take charge

Whirlpool of India on Friday said its Managing Director Vishal Bhola has resigned from the post. The company has appointed Narasimhan Eswar as Managing Director (MD) and Additional Director. Eswar joins Whirlpool of India from Ki Mobility Solutions, where he is currently holding the position of CEO and President, according to a regulatory filing. At its meeting held on Friday, the company's board accepted the resignation of Bhola. The company said its current MD will serve till April 3, 2023. Following this, Eswar's appointment will come into effect. "He (Bhola) has decided to leave the company to pursue other interests and will be relieved from the services of the company as Managing Director. "Eswar's appointment is for a period of five years starting from April 4, 2023, subject to necessary approvals and formalities," Whirlpool of India said. He has around 30 years of experience and has worked mostly with brands such as Procter & Gamble, and then Reckitt Benckiser in leadersh

Superbikes revv up as Indian market matures for high-powered rides

Ducati plans nine new bikes, 2 new showrooms; BMW Motorrad looks to 500 cc models

Google's argument in SC against CCI order contradictory: Indus OS CEO

US tech giant argues regulator's order will stall growth of the Android ecosystem in India

NCLT clears transfer of Jet Airways' ownership to Jalan-Kalrock Consortium

JKC now has six months to settle its dues and take control of the airline

Ola Cabs starts laying-off employees; issues pink slips to 200 people

The company has handed pink slips to 200 people across tech, engineering and product teams as a part of its "restructuring exercise"

Co-heads of business at $4.3 bn Centrum Wealth asked to leave the firm

The board of the Mumbai-based firm asked managing directors Ganashyam S. and Arpita Vinay to leave due to a "loss of confidence,"

L&T partners with H2Carrier to develop floating green hydrogen projects

L&T strongly believes its expertise in ammonia and hydrogen production makes it an 'ideal partner' for H2C in this venture

Ratan Tata sets up new endowment trust, likely to fund charities in future

Trusts and foundations are typically set up for estate planning, not investments

Coca-Cola's bottling arm to revive plans to sell its business: Report

HCCB will sell Coca Cola's 16 factory units and it might take 12 months to conclude the deal

Tata Group planning to set up EV cell-manufacturing operations in Europe

Tata is finalizing plans and will announce details soon, he said, declining to disclose the location of the facility and a time frame

G.O.A.T Brands acquires lifestyle firm Chumbak for undisclosed amount

D2C brand buys four other brands it didn't name as it seeks expansion

TCS announces 100% variable pay for 70% of its employees for third quarter

TCS announced 100 per cent variable pay for its grade C2 employees, and the remaining 30 per cent or senior employees will get variable pay in line with their business performance

A matter of governance: When independent directors call it quits midway

Most independent directors who quit do not explain why they are leaving before the end of their terms

Amazon gets Pune labour commissioner notice after complaint about layoffs

Ecommerce giant recently announced it would lay off 18% of its workforce globally

Price hike due to new BS VI norms will be within 5%: VECV CEO Aggarwal

Auto industry has 'mostly overcome' semiconductor issue, says leader of Volvo Eicher Commercial Vehicles

Tata reviews digital strategy for super app as sales may miss target by 50%

Tata Neu which went live in April, will see sales of about $4 billion in the year to March 31 compared with the $8 billion target set at the beginning of 2022