Companies

Citibank halts applications for new credit cards, accounts; merger with Axis Bank nearing

Citibank will be merged completely with Axis Bank sooner than later as the former has stopped sourcing credit card applications for new users as well as new account openings.

Feb 8, 2023

Indian IT services industry to witness slow growth in FY2023, hiring to slow down: ICRA

ICRA's sample shows YoY revenue growth of 9.9 per cent in dollar terms in the nine months of FY2023, against 17-18 per cent YoY growth in dollar terms in FY2022.

Feb 7, 2023

Aritra Digimedia focuses on creating integrated digitally empowered PR campaigns for startups and SMEs

Aritra Digimedia says In a time when google is the most trusted partner people reach out to for any kind of information, support or opinion, it is essential to outline your digital PR strategy wisely.

Feb 4, 2023

Nick Chandi's ForwardAI Was Born from Business Failures; Today it Helps Stop Them

Forward AI founded by Nick Chandi changes how lenders and small businesses navigate the lending process, making it simple and efficient for all parties involved.

Feb 3, 2023

Who is Philipe Haydon; former Himalaya CEO joins Dabur India to lead healthcare [details]

Philipe Haydon, former Himalaya chief, joins Dabur India; set to lead healthcare [details]

Philipe Haydon, who retired as CEO at the Himalaya Drug Company after four decades has joined Dabur India to lead healthcare.

Feb 2, 2023

COO Interview: William Kok, the Future of Global Infrastructure Analysis

William Kok said For carriers, cloud, and CDN companies, it's important to measure user experiences since there can be network jitter or latencies

Jan 31, 2023

Adani counters Hindenburg's 219-page accusations with scathing 413-page rebuttal [details]

On Sunday, Adani Group responded to unsubstantiated allegations and misleading narratives peddled by Hindenburg Research at length in an over 400-page response backed by relevant documents.

Jan 30, 2023

Hindenburg Research welcomes legal action from Adani; has long list of documents to demand in discovery [details]

Adani Group, however, stated in a statement issued on January 25 that it was "shocked" that the research had been released without the business being consulted.

Jan 26, 2023

Vistara reports net profit; crosses $1bn revenue mark in FY23 [details]

Vistara, a joint venture of Tata Sons and Singapore Airlines, has reported a net profit (excluding unrealised foreign currency loss and non-operating income) for the quarter that ended December 2022

Jan 23, 2023

Realty sector seeks boost to affordable housing, tax and policy relief [details]

To sustain the demand in the housing segment, the realty sector wants tax- and policy-related relaxations in the Union Budget 2023.

Jan 22, 2023

PhonePe raises $350 mn at $12 billion valuation; investment plans mapped [details]

Fintech platform PhonePe on Thursday said it has raised $350 million in funding from General Atlantic, a leading global growth equity firm, at a pre-money valuation of $12 billion.

Jan 19, 2023

Goldman Sachs layoffs in India: Shocking stories go viral on social media

Prior to the layoffs, Goldman Sachs had nearly 9,000 employees working out of the company's Bengaluru, Hyderabad and Mumbai offices

Jan 14, 2023

Iconic food outlet chain Subway heading for sale? WSJ report

The Connecticut-headquartered quick-service food chain is known for its signature submarine (sub) sandwiches and wraps

Jan 13, 2023

Relieved by GCMMF as MD, Sodhi says had resigned in morning

RS Sodhi, Amul's MD for 40 years, steps down; Jayan Mehta gets interim charge [details]

RS Sodhi said when he took over in 2010, Amul's turnover was Rs 8,000 crore, and now it has touched Rs 61,000 crore.

Jan 10, 2023

CERC asks Centre to compensate imported coal-based power plants; Tata Power welcomes decision

Power plants dependent on imported coal should be fully compensated for meeting electricity demand under forced circumstances, the Central Electricity Regulatory Commission (CERC) has said in an order.

Jan 4, 2023

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