Corporate News
Successful handling of lockdowns helped InterGlobe Hotels grow significantly post-Covid: CEO J.B. Singh
Those who had managed to keep their head high, somehow, during the pandemic, had an extra advantage. InterGlobe Hotels (IGH) cites some decisions taken at the time that helped the group in growing exponentially post-Covid.
TCS clocks higher net profit, to buyback shares at Rs 4,150 per share
The company Board of Directors at their meeting held on Wednesday also approved a proposal to buyback up to 4,09,63,855 (Four crore nine lakh sixty three thousand eight hundred and fifty five) equity shares for an aggregate amount not exceeding Rs 17,000 crore at Rs 4,150 per share.
Former Xiaomi India head Manu Jain joins AI company G42
The development comes about eight months after his departure from the Xiaomi Group.
Another Dunzo Co-founder set to exit amid severe cash crunch
Jha exited Dunzo's board on September 1, according to The Morning Context.
Dunzo co-founder Dalvir Suri moves on amid mounting challenges
Dunzo CEO Kabeer Biswas said that Suri has been instrumental in building out every new line of business at Dunzo, reports Entrackr.
GameStop elects Ryan Cohen as CEO sans any salary
In an email sent to employees, Cohen said that each expense to the company will be scrutinised to ensure that GameStop survives. “It is not sustainable for GameStop to operate a money losing business. Our expense structure must allow us to endure any adverse scenario,” he was quoted as saying.
Gokul Subramaniam elevated as Intel India President
Subramaniam, who has been with Intel for over 11 years, will be responsible for the company’s overall engineering and design operations in the country, including driving innovation, cross-group efficiencies and execution of Intel products from the site.
Amazon exec Dave Limp to join Jeff Bezos’ Blue Origin as CEO
Limp will join Blue Origin, starting December 4 as CEO and Smith will step aside on January 2 "to ensure a smooth transition", Bezos said in an email to Blue Origin employees.
Byju’s elevates Arjun Mohan as India CEO amid 'plenty of challenges'
Mohan succeeds Mrinal Mohit, founding partner and the outgoing head of India business at Byju's, who is embarking on a new journey to pursue personal aspirations.
Jack Dorsey appointed Block’s Head and Chairperson
Dorsey’s title changed from “Chief Executive Officer, President and Chairperson” to “Block Head and Chairperson,” effective immediately.
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