What is a statutory company: Everything You Need To KnowÂ
Statutory corporations are legal entities created by a particular act of parliament or state legislature or both. Public funds entirely support it. The legislature’s act also determines the authorities, goals, restrictions, and other aspects of it. Coming to the example of statutory companies, Air India, State Bank of India, Life Insurance Corporation of India, and…
Adani Group Would Invest $150 Bn To Generate Green Energy
Currently, the Gautam Adani Group is trending as the richest business all over the country. The Adani Group is willing to invest an amount of USD 150 billion all across its businesses. The Adani Group would convert a wide range of their business to work on green energy, such as using renewable resources in data…
Elon Musk Take Control Over Twitter & Fires CEO Parag Agarwal
According to the reports shared by the New York Times, Elon Musk allegedly fired Twitter’s CEO Parag Agarwal and other top executives once the deal was completed. Ned Segal, CFO (Chief Financial Officer) and Vijaya Gadde, Head of Legal, are among the top names that departed from Twitter after Elon Musk finalised his deal for…
Samsung Electronics Appoints New Executive Chairman
Samsung Electronics announced a new executive chairman for the company on Thursday. Jay Y. Lee is the newest face to be crowned as the chairman of the biggest smartphone and memory chip makers in South Korea. This appointment confirms that Samsung is ready to be run by the third generation of its founders. Jay Lee…
MMT-GO And OYO Fined For ‘Unfair Business Practices’ By CCIÂ
Leading hospitality service providers OYO and MakeMyTrip-Goibibo (MMT-GO) were fined more than Rs392 crore by CCI (Competition Commission of India) on Wednesday. The penalty is mentioned on page 131 and is explained as “Unfair Business Practice”.  Allegations are that MMT-GO & OYO made an agreement regarding price parity. Under this deal, the hotels were not…
Former Infosys President Ravi Kumar S To Join Cognizant
Ravi Kumar S, a former employee of Infosys, has been appointed President at Cognizant. He will join the firm on January 16, 2023, the company said in a US Security Exchange Commission (SEC) filing. He resigned from Infosys last week, where he held the position of President for 20 years. In his role as President,…
Garuda Aerospace Locked Drone Deal With Lockheed Martin
Garuda Aerospace signed a deal with Lockheed Martin Canada CDL Systems for the UAS (Uncrewed Aerial Systems), which Garuda’s drones include. These systems are expected to be effective solutions for defence and commercial purposes. Under this collaboration, both companies will work closely as part of the agreement to explore possible drone-based service options in a…
Energy Leaders in India 2024: Traits That Set Them Above All
When human activities are causing global warming to reach its all-time high, energy leaders in India 2024 are giving their all to minimise the consequences. There is no denying that humans themselves have planted the seed of global warming and nurtured it with their recklessness. However, the top energy leaders in India, take it as…
Romy Walia To Join Freed As Chief Marketing OfficerÂ
On Thursday, India’s first debt relief platform, Freed, announced the inclusion of Romy Walia as Chief Marketing Officer. He will be responsible for creating an inclusive marketing and implementation strategy, counting consumer, trade and digital marketing.  Romy is a seasoned marketing professional with extensive experience of more than two decades of serving organisations across three…
10 Best Leaders in Construction & Infrastructure in India 2024Â
Every day, the construction and infrastructure industry evolves. Many conventional construction challenges have been handled by technological advances, permanently raising the standard in terms of project quality and pace. Consumer demands are sky-high as a result, and today’s top construction and infrastructure leaders cannot afford to be locked in the past, and they are redefining…