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The Piramal Foundation will train 50,000 mid-level managers from government organisations annually.

Rosali Ghosh, Editor

The Piramal Group plans to open the Piramal School of Leadership in Jaipur, Rajasthan, to provide mid-level managers from important state and federal agencies with training. The chairman of the

Kaushik Khona, the CEO of grounded airline Go First, has resigned.

Rosali Ghosh, Editor

Kaushik Khona, the CEO of Grounded Go First, has filed for bankruptcy, some seven months after the low-key airline made its filing. Khona announced his resignation from the airline on

35% stake of MG Motor India will be owned by JSW Group, chaired by Sajjan Jindal.

Rosali Ghosh, Editor

In a strategic joint venture, SAIC Motor of China and the JSW Group, led by Sajjan Jindal, will each own a 35% share in MG Motor India. The Shanghai-based Chinese

Godrej & Boyce establishes aggressive aims for Sustainability, including a 50% revenue share from its “Good & Green” products by 2032.

Rosali Ghosh, Editor

The main business of the Godrej Group, Mumbai-based Godrej & Boyce, has set aggressive sustainability goals for the next ten years, hoping to generate half of its income from the

Aster DM Healthcare divests its operations in India and the Gulf for $1.01 billion.

Rosali Ghosh, Editor

Aster DM Healthcare declared that it has divided its operations into the Gulf Cooperation Council (GCC) and that it has sold the latter to Alpha GCC Holdings. The healthcare company

M S Dhoni finances Tagda Raho, a fitness firm, in an effort to bring back traditional Indian workouts.

Rosali Ghosh, Editor

Mahendra Singh Dhoni, a cricket icon and the captain of the ICC World Cup, has invested in the fitness business Tagda Raho, located in Bengaluru. The business, which has not

Mamaearth Q2 results: Firm’s net profit increased by 93% to 29cr

Rosali Ghosh, Editor

Honasa Consumer Ltd, the parent company of Mamaearth and The Derma Co, reported on Wednesday a 93 percent increase in group net profit to 29 trillion for the quarter ended

Yes Bank named Tushar Patankar its Chief Risk Officer, effective December 1, for a three-year term.

Rosali Ghosh, Editor

Tushar Patankar was named Chief Risk Officer by Mumbai-based private lender Yes Bank Ltd on Monday. His appointment is effective December 1, 2023, and will last for three years. With

If Air India doesn’t follow the DGCA’s rules, it will be penalised Rs 10 lakh.

Rosali Ghosh, Editor

Air India, a company owned by the Tata Group, has been fined Rs 10 lakh by the Directorate General of Civil Aviation (DGCA) for breaking its rules. The DGCA said

PhysicsWallah fires 120 workers and plans to hire 1100 more in the upcoming six months.

Rosali Ghosh, Editor

Indian unicorn in edtech About 120 employees of PhysicsWallah were let go following a performance review. This is the first time that layoffs at one of India’s only profitable edtech

In November, Infosys will implement an 80% variable pay plan for Q2 FY 24.

Rosali Ghosh, Editor

Employees of the Indian IT services provider Infosys received an email regarding their quarterly performance incentive. According to the email, this month the IT company would pay out an average

AstraZeneca Pharma India intends to sell its Bengaluru manufacturing plant.

Rosali Ghosh, Editor

AstraZeneca Pharma India has disclosed in a regulatory filing that it intends to sell its Bengaluru production site. It stated that as part of its ongoing strategic evaluation, the business

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