Ganesh Mani Appointed As Chief Of Operations At Ashok Leyland
Ashok Leyland, the Indian flagship of the Hinduja Group and India’s leading commercial vehicle manufacturers, announced the appointment of Ganesh Mani as President and Chief of Operations. In his role, he will head the entire operations of Ashok Leyland including Manufacturing, Sourcing, and Supply Chain, the company said in a press release. In regard to…
John David
Has Elon Musk Jeopardised Twitter’s Business For His Gain?
Elon Musk has found himself surrounded by another controversy, regarding the failed deal with Twitter. Apart from successfully running his automotive and clean energy company, ‘Tesla’, the multi-billionaire CEO is often spotted making incautious comments and replies over social media. In April 2022, Elon Musk disclosed his stakes in Twitter, making him the single largest…
Adani Group Enters 5G Spectrum, Reliance Jio, and Bharti Airtel In Competition
Billionaire Gautam Adani’s group on Saturday confirmed its entry into the race to acquire a 5G spectrum, for which they have to apply for participation in the upcoming 5G spectrum auction. The company will use the technology to create a private network to support its business from airports to power as well as data centres.  …
Indian Soft Toy Market Valued $1.35 Billion in 2021
The Indian toys market witnessed immense growth last year, valued at $1.35 billion. Looking forward, IMARC (International Market Analysis Research and Consulting) Group expects the market to reach US$2.73 billion by 2027, exhibiting a CAGR (Compound Annual Growth Rate) of 12.6% during 2022-27. “Keeping in mind the uncertainties of COVID-19, we are continuously tracking and…
Rajesh Nambiar, Cognizant’s Executive Officer, Loses Position
Cognizant has notified its shareholders that Rajesh Nambiar is ceased to serve as the ‘Executive Officer’ of the Digital Business & Technology vertical of the company, effective from July 6, 2022. According to the reports, his compensation will be adjusted in accordance with the salaries of the non-executive officers of the company. Nambiar, however, will…
Vipin Kumar
Rupees Hits Record Low Of 79.36 Against US Dollar
Indian currency, Rupee plunges by 41 paise to close at a fresh lifetime low of 79.36 against the US Dollar on Tuesday due to the greenback overseas and unrelenting foreign fund outflows. At the interbank forex market, the local unit started at 79.04 against the greenback and witnessed an intra-day high of 79.02 and a…
Byju’s Conducted Fresh Round Funding Worth $22 BillionÂ
Edtech company Byju’s acquired Aakash Educational Services in a cash and stock deal in April last year for $1 Billion, for which it has delayed payments. Byju’s was supposed to close the transaction in June but has extended the payment timeline to August, sources said, but it was delayed due to some internal reason. Now,…
Shipra Prajapati
SABB Names Yasser Ali As CEO Of C&I BankingÂ
Saudi British Bank (SABB) announced the appointment of Yasser Ali Al-Barrak as Chief Executive Officer of Corporate and Institutional Banking, effective from July 1, 2022. Yasser Ali has more than 18 years of working experience in the Kingdom’s banking industry. He joined SABB in 2012 and has held many leadership positions. General Manager of global…
Abdullah Ansari
Reliance Partners With UK Chain To Launch Sandwich And Coffee Chain India
After the fashion world, Reliance Brands Limited entered the Food & Beverages Space. On Thursday, the company announced a franchise partnership with ‘Pret A Manger’, a UK-based food and organic coffee chain, to launch and build British Sandwich and Coffee chain in India. Reliance is spreading its wings everywhere. Before this Reliance picked stakes in…
India Bans Single-use Plastic: Here Is The Product List And Other Details
Plastic Ban: Ministry of Environment, Forest and Climate Change on 28 June has notified that government will ban single-use plastic across the country from July 1. “India will ban manufacturing, import, stocking, distribution, sale and use of single-use plastic items, which have low utility and high littering potential, all across the country from July 1,…
