Corporate Trends
Delhi air quality crisis: Companies embrace remote work as residents seek cleaner getaways
Delhi-NCR's severe air pollution is impacting daily life. Companies are allowing remote work for staff wellbeing. Many residents are taking last-minute trips to escape the smog. Hill stations and coastal areas are seeing a surge in bookings. People are prioritizing health and seeking cleaner environments.
From education to art and sport: How Nita Ambani’s initiatives reflect a broader vision of development
Nita M. Ambani's leadership is defined by purposeful initiatives across education, healthcare, and culture, fostering empowerment and transformation. Her work with the Reliance Foundation and the Nita Mukesh Ambani Cultural Centre showcases a commitment to social change and global cultural narrative. Ambani's influence extends to sports, championing its power to unite and uplift.
Investors race for next big wins in India’s $5.4-tn market amid AI gold rush
Global tech leaders are investing heavily in India's artificial intelligence infrastructure. This surge in funding is creating significant opportunities for local companies. Investors are identifying firms that will benefit from the build-out of essential facilities. Data center investments are projected to exceed $100 billion by 2027. This development is expected to boost the power sector and related equipment manufacturers.
ET Achievers 2025: Celebrating leaders who inspire success
Bengaluru will host the ET Achievers 2025 awards ceremony on October 31, 2025. The event will honor 44 distinguished individuals for their significant contributions across various sectors. Bollywood actor Karisma Kapoor will attend as the celebrity guest. The evening promises to be a grand celebration of success and innovation.
TCS’ $6.5 bn bet marks India’s push against tech colonisation
Tata Consultancy Services is investing $6.5 billion to bolster its digital capabilities and guard against "tech colonization" as India's digital infrastructure demand surges. The company aims to become the world's largest AI-led services firm, funding this expansion through a mix of equity and debt.
Morgan Stanley notes Reliance Industries earnings to grow 11% CAGR over FY2025-28
Reliance Industries Ltd (RIL) is expected to post an 11 per cent compound annual growth rate (CAGR) in earnings between FY25 and FY28, supported by strong performance across its key businesses, according to a latest research report by Morgan Stanley.
ET Graphics: From cars to mobiles, consumers open wallets this Diwali
Consumer spending surged across various sectors during the Navratri-Diwali festive period, with significant double-digit growth reported in auto sales. Electronics, including TVs, ACs, and household products, also experienced impressive growth, ranging from 20% to 100% year-on-year.
Cipla global CEO Umang Vohra to step down; Achin Gupta to take over
Cipla's global CEO Umang Vohra will step down in March 2026. Achin Gupta, currently global COO, will take over as the new MD and GCEO from April 1, 2026. Gupta joined Cipla in 2021 and has been instrumental in driving growth and strengthening operations. He holds degrees from IIT Delhi and IIM Ahmedabad.
Yes Bank suffered over Rs 2,700 cr loss due to transactions with Anil Ambani-led companies: CBI
Yes Bank's financial troubles escalated with a staggering loss surpassing Rs 2,700 crore, primarily attributed to co-founder Rana Kapoor's controversial investments in Anil Ambani's financial enterprises. A recent CBI charge sheet highlights allegations of a criminal conspiracy and fraudulent activities. These investments spanned the years 2017 to 2019, with ongoing inquiries delving into Anmol Ambani's potential involvement.
Cobrapost alleges Rs 41,900 cr fund diversion at Anil Ambani's group, Reliance group denies 'malicious' claims
Cobrapost has accused Reliance Group of a massive financial fraud of over Rs 41,921 crore. The investigative portal claims funds were diverted from group companies to promoter-linked entities and through offshore channels. Reliance Group has strongly denied these allegations, calling it a malicious campaign to crash stock prices. The group stated the report uses old, publicly available information.
Must Watch
Another October ouster: Mehli Mistry's Tata exit echoes an old rift
Mehli Mistry, a long-time Tata Trusts trustee, has been voted out by a majority decision, ending his tenure effective October 28. The ouster follows disagreements over trustee reappointment and information sharing from Tata Sons board meetings. Mistry's exit marks a new chapter for Tata Trusts under Noel Tata's leadership.
Sankey Prasad steps down as Colliers India and Middle East CMD
Sankey Prasad has concluded his tenure as Chairman & Managing Director at Colliers India and Colliers Project Leaders. He will now focus on entrepreneurial ventures and provide strategic board-level support to clients in real estate and infrastructure. Prasad's career spans over four decades, including founding Synergy Property Development Services. Under his leadership, Colliers India saw significant growth and diversification.
Most firms see climate tech as crucial, only a few back it with budget: ACCA report
A report by ACCA reveals a significant gap between organizations recognizing climate technology's importance and their actual investment. While 66% deem it essential, only 21% have allocated funds, citing high upfront costs and long payback periods. Poor data quality is the primary barrier, hindering effective measurement of returns and strategic adoption.
Prized European assets up for grabs as India Inc. looks abroad
Indian companies are actively pursuing acquisitions in Europe. This trend is driven by growing confidence and stronger financial positions. European assets offer valuable heritage and technology at competitive prices. This strategic move aims to expand global reach and improve technical expertise. Several significant deals are already underway, signaling a busy period for cross-border M&A.
Uber for Business appoints Rituraj Chaturmohta as senior country manager for India & South Asia
Uber for Business has appointed Rituraj Chaturmohta as its senior country manager for India and South Asia. Chaturmohta will lead the company's growth strategy in the region, focusing on partnerships and enhancing enterprise mobility solutions. His experience in platform businesses and the Indian market is expected to be crucial for strengthening Uber for Business's offerings.
Mehli Mistry: The veteran who once chose Ratan Tata over his family now faces ouster from Tata Trusts
Mehli Mistry, once among Ratan Tata’s closest confidants, is set to exit Tata Trusts after chairman Noel Tata, vice chairman Venu Srinivasan, and trustee Vijay Singh declined to renew his term, effectively ending his tenure at the apex charitable bodies. With three trustees opposing the renewal, the decision forms a majority at both Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT), which together control 51% of Tata Sons.