AI will erase outsourcing jobs, redefine skills and disrupt global giants within five years, predicts Vinod Khosla. The IT legend urges young people to become generalists: Adaptable thinkers who can learn quickly, connect dots across disciplines and shift careers as technologies evolve.
Oil giant Exxon Mobil beat Wal-Mart Stores to become America's largest corporation.
From a single private firm with a Rs 1,000-crore (Rs 10 billion) net profit, there are 28 such companies now.
Meanwhile, the grand pre-shaadi celebrations continue.
The Supreme Court on Wednesday directed the SEBI to complete its probe into two pending cases relating to allegations against the Adani group within three months. Holding that it cannot regulate Sebi's power of investigation, a bench headed by Chief Justice D Y Chandrachud noted that Sebi has completed its probe in 22 out of 24 cases relating to allegations against the Adani group.
The Congress on Wednesday said the Supreme Court judgment on certain matters relating to transactions by the Adani Group has proven to be 'extraordinarily generous' to Securities and Exchange Board of India (SEBI) and asserted that the party's fight against crony capitalism and its ill-effects on prices, employment and inequalities will continue.
In a significant win for the Adani group, the Supreme Court on Wednesday refused to transfer the probe into allegations of stock price manipulation by the Indian corporate giant to a special investigation team or the CBI, saying market regulator SEBI was conducting a "comprehensive investigation" and its conduct "inspires confidence".
Corporate India is busy restructuring - through mergers, demergers and splits. That seems to be the new normal as CXOs and boards brainstorm on how to create assets and value. The pitch rose significantly during the third quarter of this financial year (FY24), translating into $32.9-billion worth of such deals - the highest quarterly total since the HDFC Bank-HDFC merger announced in FY22 Q2.
Prime Minister Narendra Modi on Wednesday said the world looks at India as an important pillar of stability, a trusted friend, an engine of growth in the global economy, a technology hub for finding solutions and a powerhouse of talented youth. He also said that in the rapidly changing world order, India is moving forward as 'vishwa mitra' (friend of the world). Speaking at the inauguration of the 10th edition of the Vibrant Gujarat Global Summit, which saw participation of state hea
From dark humour to days of innocence, it's quite an emotional spectrum on OTT this week.
BCCI president Sourav Ganguly, who also holds the post of director at ATK Mohun Bagan, has decided to step down from the position in the Indian Super League franchise to avoid any potential conflict of interest.
'The consolidation of the world's fifth-largest economy in the hands of 15-20 corporate giants is a once-in-generation event, which we are focusing on.'
'The Galwan crisis involves the security of the nation, can't we spend eight hours on that?' 'Why are you scared? Why are you running away from that?
The application, filed through advocate AP Singh, said, "The Acts were passed hastily without adequate discussion... Inherent weaknesses of the agricultural sector cannot be addressed by way of monetization of farmers."
Corporate giant Reliance Industries Ltd has stopped lobbying with US lawmakers for the last two quarters, while the Indian government incurred an expense of Rs 3.7 crore (Rs 37 million) for such activities during the last financial year ended March 31, 2012.
In a long-awaited top management succession planning exercise, corporate giant Larsen and Toubro on Friday appointed K Venkataramanan as CEO and managing director, while its current chief A M Naik would remain executive chairman for the next five years.
Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital.
The stand-off between Sahara India and the Board of Control for Cricket in India ended on Thursday, with the former reversing its decision to pull out of the Indian Premier League. After extensive discussions over the past few days Sahara announced that its franchise, Pune Warriors, will take part in the fifth edition of the IPL.
They have snapped ties with cricket but the Sahara Group has renewed its association with Indian hockey signing a five-year sponsorship deal with Hockey India.
In early afternoon trade, Oil and Natural Gas Corporation toppled Reliance Industries Limited as the country's most valued firm, but its lead lasted only for a few seconds before the private sector corporate giant grabbed the top slot again.
The ongoing stand-off between the Board of Control for Cricket in India and corporate giants Sahara India Pariwar took a new turn on Monday, with the latter accusing the Indian Cricket Board of breaking the rules of their agreement.
The top brass of BCCI and the aggrieved Sahara Group will meet in Mumbai on Sunday in a bid to break the stalemate which prompted the corporate giant to withdraw sponsorship of the Indian cricket team and also pull out of the IPL.
Stung by Sahara's pullout as sponsor of Indian cricket team and owner of IPL franchise Pune Warriors, the BCCI on Monday took a more re-conciliatory stand towards the aggrieved corporate giant, saying it was ready to sit across the table and sort out all the matters.
A day after Sahara's shocking decision to pull out as sponsor of the Indian cricket team and owner of the IPL franchise Pune Warriors, the BCCI is making efforts to pacify the corporate giant and retain its financial backing.
Infosys on Monday regained its status as the most influential stock from Reliance Industries Ltd (RIL) on the stock market barometer Sensex, as the shares of the IT giant outperformed that of Mukesh Ambani-led corporate giant.
Reliance Industries and Network 18 group on Tuesday joined hands for a multi-layered deal, under which the Mukesh Ambani-led corporate giant would sell a part of its interest in Eenadu TV channels and would also fund promoters of the media group.
Anna's movement is likely to be a game-changer and will shift the rules of the game in favour of value-creators.
India is poised to become a $30 trillion economy by the year 2030 from the current $1.4 trillion, industrialist Mukesh Ambani said on Friday.
Corporate giant Reliance Industries (RIL) on Tuesday said it has allotted 1.6 lakh shares to its employees under the Employees Stock Option Scheme (ESOP).
Rajyavardhan Singh Rathore and Manavjit Singh are among the 15 shooters whose preparation for the 2012 London Olympic Games would be fuelled by the Sahara India Pariwar
Schuldschein is an alternative way to raise funds instead of loans or bonds and deals can run from $12 million to more than $1.13 billion. These instruments include tranches of different maturities and currencies and investors are spread across the world.
Amid reports that Indian corporate giant Reliance Industries was mobilising funds for its acquisition, global petrochemical major LyondellBasell has said it has not yet received a final bid.
In a bid to cut costs, corporate giants based in the United States and the UK are looking to leverage their recruitment process outsourcing services from emerging market locations like India, a survey says.
'India as a market is broader than most, with eight or nine major customers and the defence business which is now open.'
Citigroup's India-born chief Vikram Pandit has found a place among the 20 worst ever CEOs in America, but the top honours has gone to bankrupt Lehman Brothers' Dick Fuld.
Trying to adapt to changing market requirements amid recessionary conditions, corporate giants including Microsoft, IBM and Yahoo Inc are not only cutting jobs but are at the same hiring people in other business units, a media report says.
With an aim of roping in a strategic partner for its Haryana SEZ project, corporate giant Reliance Industries is believed to be in talks with IL&FS and a couple of other players for part-sale of its stake.
GE India managed revenues of $2.6 billion (about Rs 130 billion) in 2007 and is hopeful of meeting its target of $8 billion (about Rs 400 billion) by 2010. Key projects in the transportation and nuclear power sector are expected to help it reach that target, says Vice-Chairman John G Rice.
With their employee-friendly and innovative initiatives, two American corporate giants PepsiCo and Citigroup -- led by India-born chief executives have made into a list of best employers for multicultural women. Evaluating the presence and prominence of coloured women in the US corporate world, the list of 20 companies has been drawn up by US-based Working Mother magazine. It is primarily on the basis of diversity programmes for such employees.
Corporate giant Tatas on Tuesday asked the government to seek surrender of excess spectrum lying with GSM operators, a line being aggressively pursued by Reliance Communications chief Anil Ambani. With this, the top two CDMA players have joined forces against GSM operators like Bharti and Vodafone to seek return of spectrum beyond the contractual amount of 6.2 Mhz.
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