Patanjali Ayurved, led by Yoga Guru Ramdev, and the Dharampal Satyapal Group (DS Group) will acquire Magma General Insurance from Sanoti Properties LLP for Rs 4,500 crore, marking Patanjali’s entry into the general insurance sector.
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TCS has appointed Sudeep Kunnumal as CHRO designate, replacing Milind Lakkad. With more than 25 years in HR, Kunnumal has held key roles at TCS since 2006. This marks the third major leadership change after CEO and COO transitions.
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Tesla has expressed concerns over potential retaliatory tariffs that could result from President Trump’s aggressive use of tariffs. The company emphasizes the risk to U.S. exporters, particularly in the EV sector, and warns of the challenges in sourcing components domestically.…
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Gensol Engineering’s liquidity issues are being addressed as its connection with BluSmart is phased out. To stabilize finances, the company plans to raise Rs 600 crore and implement a stock split. A committee will investigate alleged document falsifications impacting its…
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Indian FMCG companies are facing a significant shortage of salesmen as the demand for “feet on the street” workers declines. Sales targets, extreme weather conditions, and competition from the growing gig economy are contributing factors.
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India stands to gain significantly from the global shift to net zero emissions, but if climate policies fall short, economic and financial risks will rise. Central banks are discussing the impacts of climate change and its risks, emphasizing the need…
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