Netflix has a new chairman, Jay Hoag. This marks a big leadership change. Reed Hastings, a co-founder, has left the board. Hoag has been a director for over twenty years. He understands Netflix’s journey from DVDs to streaming. This move…
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Global oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The closure is a temporary supply shock, not a permanent production loss. Markets are expected to return…
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Akasa Air has outlined a series of sustainability initiatives on World Environment Day, including water conservation, sustainable aviation fuel partnerships, electric vehicle adoption, fuel-efficiency programmes, waste management measures, and the use of fuel-efficient aircraft. The airline said these efforts have…
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Life Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment options. Inflows into LIC’s annuity products are growing. The company is also considering a fintech arm. LIC is prepared…
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CBI conducted searches at six locations in Chandigarh, Panchkula, and Delhi-NCR in connection with an alleged Rs 661 crore fraud. The probe involves siphoning of government funds from Haryana and Chandigarh administrations, with allegations of collusion between public servants and…
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Indian stock markets opened lower on Monday. This decline followed a sharp selloff in Asian markets. Rising crude oil prices due to the Middle East conflict also impacted trading. Major indices like Nifty 50 and BSE Sensex registered losses. Several…
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