Cognizant May Cut Up to 15,000 Jobs Globally, India Likely to Be Hit Hard
IT services major Cognizant is reportedly planning a large-scale workforce reduction that could impact between 12,000 and 15,000 employees globally....
Tata Trusts to Discuss Tata Sons IPO Plan in May 8 Meeting
A crucial meeting of Tata Trusts is scheduled for May 8, where trustees are expected to deliberate on the possibility...
KKR-Backed Vertis Infra Trust Prepares for ₹3,000 Crore IPO
KKR-backed Vertis Infra Trust is gearing up to file its draft red herring prospectus (DRHP) for an initial public offering...
Vodafone Idea Plans ₹35,000 Crore Fundraise, SBI-Led Banks Likely to Back Deal
Vodafone Idea is reportedly seeking up to ₹35,000 crore in new investment from lenders. The proposed borrowing, which is expected...
Swiggy Promotes Swapnil Bajpai to Lead Dineout and Experiences Business
Food delivery major Swiggy has promoted long-time executive Swapnil Bajpai to head its Dineout and Scenes businesses, marking a significant...
Siguler Guff Invests $40 Million in Trimex Foods to Support Expansion
US-based private equity firm Siguler Guff has invested $40 million (around ₹380 crore) in Trimex Foods, the exclusive Indian franchise...
Lakshmi Mittal And Adar Poonawalla Seal $1.65 Billion Deal To Buy Rajasthan Royals In IPL’s Biggest Ownership Change
The Mittal family has partnered with Adar Poonawalla to purchase a controlling share in the Rajasthan Royals, which is an...
PhonePe Sees Leadership Shift in Broking Unit as Ujjwal Jain Exits, Vijay Ajmera Takes Charge
Digital payments major PhonePe is witnessing a key leadership transition in its wealth and broking division. Ujjwal Jain, who headed...
Vodafone Idea Faces Survival Challenge, Needs ₹50,000 Crore Lifeline
Debt-laden telecom operator Vodafone Idea is once again at a critical juncture, with estimates suggesting it needs around ₹50,000 crore...
Rohit Jain Takes Over As RBI Deputy Governor, Bringing Nearly Three Decades Of Central Banking Experience To The Role
India's central bank has a new deputy governor. The Appointments Committee of the Cabinet formally approved the elevation of Rohit...