IIM Lucknow Alum Amit Banati to Get $18M CEO Paycheck from Fortune Brands — Despite Not Working a Day
In a development that has stirred corporate governance debates, Amit Banati, an alumnus of IIM…
IIM Lucknow Alum Amit Banati to Get $18M CEO Paycheck from Fortune Brands — Despite Not Working a Day
In a development that has stirred corporate governance debates, Amit Banati, an alumnus of IIM Lucknow, is set to receive an $18 million CEO paycheck from Fortune Brands even before officially assuming his role. The news has sparked discussions about executive compensation, shareholder accountability, and the evolving dynamics of leadership contracts in global corporations. The…
Salesforce CEO Says Engineers No Longer Required as AI Takes Over, Helping Make Billions
In a bold statement that has sparked debate across the technology industry, the CEO of Salesforce declared that engineers are no longer required as artificial intelligence (AI) takes over core functions, enabling companies to generate billions in revenue with fewer human resources. This remark underscores the growing influence of AI in reshaping the future of…
Bajaj Finance’s Payments Biz to Breakeven by FY29: Rajeev Jain, VC & MD
In a major strategic update, Rajeev Jain, Vice Chairman and Managing Director of Bajaj Finance, has announced that the company’s payments business is expected to breakeven by FY29. This projection underscores Bajaj Finance’s long-term vision to expand beyond lending into digital payments, positioning itself as a formidable player in India’s rapidly evolving fintech ecosystem. Key…
Indian Sugar Mills Rush Export Deals on Record-Low Rupee, Rising Global Prices
India’s sugar industry is witnessing a surge in export activity as mills rush to finalize deals, driven by a record-low rupee and rising global sugar prices. The combination of favorable currency exchange rates and strong international demand has created a golden opportunity for Indian exporters, who are keen to capitalize before market conditions shift. Why…
Govt Modifies MCGS-MSME to Boost Credit for Manufacturing, Exports
The Government of India has announced modifications to the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), expanding credit coverage and easing compliance to support manufacturing and exports. Loans up to ₹100 crore for plant and machinery purchases will now be eligible, with special provisions for exporters. Key Highlights of the Modifications Comparative Analysis of MSME…
HDFC Bank Shares in Focus After Report of Lender Firing Three Senior Executives
India’s largest private sector lender, HDFC Bank, has come under sharp spotlight after reports surfaced that the bank has terminated three senior executives following an internal probe. The move has triggered intense discussions in financial circles, with investors closely monitoring the impact on the bank’s governance, reputation, and share price trajectory. The Reported Firings According…
Mihir Vora Advises Patience, Sees Staggered Investing as Best Strategy Now
Chief Investment Officer Mihir Vora has urged investors to adopt patience and staggered investing amid global uncertainty, warning that rushing into markets could be risky. He believes sharp corrections present opportunities for long-term investors, particularly in financials, while advising caution for MSMEs and small businesses facing prolonged stress. Vora’s Key Advice Why Staggered Investing Works…
Anil Agarwal’s Vedanta Moves NCLAT Against Adani’s Bid for Jaypee Group’s Flagship Firm
In a dramatic twist to India’s corporate battle for distressed assets, Anil Agarwal’s Vedanta Group has approached the National Company Law Appellate Tribunal (NCLAT) challenging Adani Group’s bid for the Jaypee Group’s flagship firm, Jaiprakash Associates Limited (JAL). This move intensifies the competition between two of India’s largest conglomerates, each vying for control of strategic…
Coal India arm CMPDI IPO opens for subscription: Check brokerages’ views, valuation and key details
Coal India’s wholly owned subsidiary, Central Mine Planning & Design Institute (CMPDI), has launched its initial public offering (IPO) worth ₹1,842 crore, opening for subscription on March 20, 2026. The IPO has attracted significant attention from investors and brokerages, given CMPDI’s unique position as India’s leading mining consultancy and exploration services provider. IPO Key Details…
Chinese founder of router-maker TP-Link to federal agencies: Our CEO and his wife are becoming US citizens under Trump Gold Card program
The Chinese founder of TP-Link, one of the world’s largest router and networking equipment manufacturers, has formally informed US federal agencies that the company’s Chief Executive Officer and his wife are in the process of becoming American citizens under the Trump administration’s Gold Card program. This announcement has sparked widespread interest in both technology and…
