Corporate Trends
Not just offering office space, co-working firms also want to keep you fit
Co-working spaces in Bengaluru are increasingly focusing on the well-being of their members by offering a range of activities, from yoga and meditation to sports leagues and fitness challenges. These initiatives aim to foster connections, boost job satisfaction, and create networking opportunities.
A dozen global CEOs place big bets on India amid moderate growth
Apple and other global companies are optimistic about India's economic recovery. Apple's revenue grew, driven by smartphones, Macs, and services. New Apple retail stores will open in India. Other companies like Coca-Cola, Unilever, and Domino's are also investing more in India. Demand is reviving after a slowdown. Smartphone manufacturing in India is increasing. The Indian smartphone market is experiencing growth.
Anil Ambani faces look out circular
Anil Ambani faces a lookout circular after being summoned by the ED in connection with a Rs 17,000 crore loan fraud case. The ED suspects Ambani might flee the country, prompting the action. Simultaneously, searches were conducted on Biswal Tradelink, an Odisha-based company accused of providing a fake bank guarantee to a Reliance Group company, further intensifying the investigation.
Anil Ambani faces Look Out Circular in ED’s Rs 17,000-crore loan fraud probe
Enforcement Directorate issued a Look Out Circular against Anil Ambani. This action follows an investigation into an alleged Rs 17,000-crore loan fraud case. The ED had previously conducted searches at multiple locations linked to Reliance Group. The investigation revealed a fake bank guarantee submitted to Solar Energy Corporation of India.
Veteran lawyer Vyapak Desai leaves Nishith Desai Associates to launch independent practice
Vyapak Desai, a prominent legal expert, is set to leave Nishith Desai Associates. After two decades, he will begin his own independent chamber practice. Desai, an alumnus of Gujral University, is a leader in international arbitration. He will focus on court appearances and arbitration tribunals.
ED probes fake bank guarantee racket tied to Anil Ambani Group; ₹68.2 cr guarantee to SECI found bogus
The Enforcement Directorate (ED) is investigating a money laundering case linked to a fake bank guarantee racket involving the Anil Ambani Group. The probe, triggered by an FIR filed by Delhi's Economic Offences Wing, revealed a ₹68.2 crore bogus guarantee submitted to the Solar Energy Corporation of India (SECI).
Tata Trusts put faith in N Chandrasekaran for another term to sustain growth
Tata Trusts has unanimously approved a five-year extension for N Chandrasekaran as chairman of Tata Sons, signaling leadership continuity. This decision occurs amidst strategic considerations to maintain Tata Sons' private status and potential discussions with the Shapoorji Pallonji Group for their exit.
Anil Ambani summoned by ED in ₹17,000 crore loan fraud investigation
Anil Ambani has been summoned by the Enforcement Directorate for questioning in connection with an alleged `17,000-crore loan fraud case. Searches were conducted at multiple locations linked to Reliance Group. SEBI shared findings of a probe into alleged diversion of `10,000 crore by Reliance Infrastructure to Reliance Group units through an undisclosed related party.
ET Health Conclave 2025 celebrates excellence in healthcare with thought leadership and a felicitation ceremony
The ET Health Conclave 2025 convened healthcare experts to discuss innovations in technology, mental well-being, and financial literacy. Discussions encompassed AI in medicine, genomics, personalized care, and the resurgence of natural therapies. The event concluded with an awards ceremony and networking, supported by various partners committed to health and wellness.
Trusts allow Tata Sons exit talks with SP Group
Tata Trusts has resolved that Tata Sons should remain a private unlisted company and will engage with the Shapoorji Pallonji (SP) Group to facilitate their exit. The Trusts also approved the renewal of N Chandrasekaran's term as chairman beyond 2027. This decision marks a strategic shift, especially considering SP Group's debt and its stake in Tata Sons.
Must Watch
30 companies penalised in three years over non-compliance with CSR rules
The government has taken action against 30 companies in the last three fiscal years, up to FY25, for failing to comply with corporate social responsibility (CSR) spending regulations. According to Minister of State for Corporate Affairs Harsh Malhotra, the penalties were initiated after examining records, receiving complaints, and following due legal processes as per the Companies Act.
RBI gives Shapoorji Pallonji Group till June 2028 to meet capital norms for investment arm
Reserve Bank of India provides Shapoorji Pallonji Group a three-year extension. This extension allows them to meet capital adequacy norms for Sterling Investment Corp. The relief follows RBI's revised framework for non-bank lenders. It is a key part of the group's recent bond issuance.
CAG flags financial loss due to SAIL's poor inventory management from 2016-23
The Comptroller and Auditor General (CAG) of India has identified significant discrepancies in SAIL's inventory management from 2016 to 2023, leading to financial losses. Faulty price fixation for Blast Furnace slag resulted in a revenue loss of Rs 441.40 crore.
P&G's new CEO appointment shows Indian-American leaders can navigate US consumers' hearts, minds: Mahindra
Anand Mahindra lauded Shailesh Jejurikar's appointment as Procter & Gamble's next CEO, highlighting the growing influence of Indian-American leaders in the US consumer market. Mahindra noted the special connection to his own group, as Shailesh is the brother of Rajesh Jejurikar, a key executive at Mahindra & Mahindra. Shailesh, currently COO, will assume the CEO role on January 1, 2026.
Powered by NextCorp Media: These four Indian companies are perfecting innovation, integrity, and impact for the future
This article highlights leading Indian companies recognized for their integrity and innovation. Vidya Herbs excels in botanical ingredients, while Etrain Education advances education through technology. Zapcom Group offers AI-driven enterprise solutions, and Pattem Digital Technologies engineers digital solutions with design and AI, showcasing their contributions to various sectors.
Anjani Food & Beverages goes live with SAP S/4HANA Cloud—implemented by SAVIC Inc.
SAVIC Inc. successfully implemented SAP S/4HANA Cloud ERP for Anjani Food & Beverages, a leading African beverage company. This marks SAVIC's fourth and largest SAP implementation in Africa, completed within 16 weeks. The solution unifies operations across multiple countries, enhancing agility and profitability by replacing the Tally system and integrating with other platforms.
