Sona Comstar Battle: Priya Kapur Moves to Oust Rani Kapur From Trust
Priya Sachdev Kapur has filed a notice to remove her mother‑in‑law, Rani Kapur, from the RK Family Trust that controls the promoter entity of Sona BLW Precision Forgings, a listed auto‑components firm valued at over $3 billion. The move follows a counter‑notice from Rani Kapur seeking Priya's removal as trustee and a civil suit in Delhi High Court to void the trust. The RK Family Trust holds a 65% stake in Aureus Investment, which owns 28% of Sona Comstar, giving the dispute direct relevance to the company’s governance. Legal experts say the outcome hinges on the enforceability of the trust deed and could reshape board composition.
Blackstone Considers Foraying Into Sports with Its First-Ever Investment in IPL Teams Like RCB, Rajasthan Royals
Blackstone Inc. is weighing a $200‑$300 million investment in an Indian Premier League franchise, targeting either Royal Challengers Bengaluru or Rajasthan Royals. The two teams are valued between $1.3 billion and $2 billion, with full payment expected up front. The move reflects a...
Meta Hires Former Google, Stripe Executives Behind AI Startup Dreamer
Meta Platforms has hired the founders and core team of AI startup Dreamer to join its Superintelligence Labs, bolstering its push on autonomous AI agents. The Dreamer group, which includes former Google and Stripe executives, will work on agent projects...
Quote of the Day by Jensen Huang: ‘Sometimes, Running Away From Problem Is the Worst Thing You Can Do’
NVIDIA CEO Jensen Huang warned that avoiding problems can be more damaging than confronting them, emphasizing resilience as a driver of success. He cited NVIDIA’s own history of bold bets on GPUs, parallel computing and AI, which survived intense competition...
Bill Seeking to Ease Corporate Compliance Norms Sent to JPC After Introduction in Lok Sabha
Finance Minister Nirmala Sitharaman introduced the Corporate Laws (Amendment) Bill, 2026 to ease compliance and de‑criminalise minor corporate offences by amending the Companies Act, 2013 and the LLP Act, 2008. The bill was sent to a joint parliamentary committee after...
Reddit CEO Steve Huffman Feels AI Won't Impact Entry Level Jobs for New Graduates — Here's Why
Reddit CEO Steve Huffman told the "Sourcery with Molly O'Shea" podcast that generative AI can lift software‑engineering output by 50‑100 percent, but it won’t shrink entry‑level headcount. He said the company’s current bottleneck is code review, not a shortage of...
Pernod Ricard Seeks to Nurture Premium Whiskey Blender’s Pride with Fashion, New Campaign on ‘Success’
Pernod Ricard has unveiled a new advertising campaign for its premium Indian whisky, Blender’s Pride. The campaign features three Indian actresses and models, linking the spirit to fashion, success, and contemporary lifestyle. The initiative coincides with the appointment of Debasree Dasgupta...
Air India Mulls Strict Fitness Compliance Rule for Cabin Crew; Weight Violations May Cost Pay
Air India will introduce a Cabin Crew Health and Fitness Compliance Policy effective May 1, 2026, mandating BMI checks for all cabin crew. Crew members with BMI outside the 18‑24.9 range may be de‑rostered and face loss of pay, with...
Vedanta Moves NCLAT Against Adani’s Jaiprakash Associates Takeover
Vedanta Ltd has filed an appeal with the National Company Law Appellate Tribunal (NCLAT) contesting lenders’ approval of Adani Enterprises’ ₹14,543 crore bid for the bankrupt Jaiprakash Associates (JAL). Vedanta argues it offered the highest net‑present‑value bid of ₹12,505.85 crore and that...
Trump Suit Against Capital One Dismissed But Can Be Refiled
A federal judge in Miami dismissed the Trump Organization’s lawsuit against Capital One, which alleged political discrimination and de‑banking, but gave the company a 90‑day window to seek discovery and 14 days to file an amended complaint. The ruling called...
Lula Says Petrobras, Pemex Could Partner on Oil Exploration
Brazilian President Luiz Inácio Lula da Silva told Mexican President Claudia Sheinbaum that Petrobras could join Pemex in deep‑water oil exploration in the Gulf of Mexico, targeting depths around 2,500 metres. The proposal follows Petrobras’ push to expand overseas and replenish its reserves,...
CBS News Layoffs: Internal Memo Shows 6% Jobs to Be Cut to ‘Remain Competitive’, CBS Radio to End in May,...
CBS News, owned by Paramount Skydance, announced a 6% workforce reduction—about 60 employees—effective March 20, 2026, to stay competitive in a rapidly changing news landscape. The cuts accompany the shutdown of the nearly century‑old CBS News Radio service, slated to cease...
Binance Founder Is Now Richer than Bill Gates. How Much Is Changpeng Zhao Net Worth and What Fuels His Wealth?
Binance founder Changpeng Zhao’s net worth has surged to $113 billion, placing him 17th on Forbes’ real‑time billionaire list and ahead of Microsoft co‑founder Bill Gates. The wealth jump reflects a rise from $47 billion just a year earlier, driven primarily by...
HSBC Layoffs Soon? Wall Street Giant May Slash 20,000 Roles Amid AI-Led Overhaul, Says Report
HSBC is weighing a medium‑term AI‑led restructuring that could eliminate up to 20,000 roles, roughly 10% of its staff. The cuts would focus on non‑client‑facing middle and back‑office positions as the bank pursues a $1.5 billion cost‑savings target ahead of schedule....
SK On Targets US Energy Storage Market in Shift From EVs
SK On, the battery arm of SK Innovation, is pursuing at least 10 GWh of U.S. energy‑storage system (ESS) contracts this year, shifting roughly 20% of its 100 GWh global capacity to lithium‑iron‑phosphate (LFP) cells. The company is courting data‑center developers and...
A Pardon Lobbyist, $500,000 Demand and Alleged Enforcer Lead to Extortion Charge in New York
Federal authorities in New York arrested lobbyist Joshua Nass, accusing him of attempting to extort $500,000 from a former client and the client’s son. Nass, who had lobbied for a presidential pardon of the client, Joseph Schwartz, allegedly hired a...
Accenture Chief Julia Sweet Lays Out Conditions for Promotion, Warns of Job Loss: ‘If You Want to Get Promoted…'
Accenture CEO Julie Sweet announced that AI proficiency will be mandatory for promotions, tying career advancement to the company’s AI tools. The move follows a $865 million, six‑month optimization program and a broader $3 billion, three‑year AI‑first strategy aimed at doubling AI...
Who Is Devendra Singh Chaplot? IIT Bombay Alum Joins xAI to Build Superintelligence, Welcomed by Elon Musk
Devendra Singh Chaplot, an IIT Bombay graduate with a PhD in machine learning from Carnegie Mellon, has joined SpaceX and Elon Musk’s xAI to work on building superintelligence. He previously led award‑winning AI research at Mistral AI, Facebook AI Research,...
The KPop Demon Hunters’ Tourism Wave Is Just Getting Started
Netflix’s animated hit *K‑Pop Demon Hunters* has become the platform’s most‑watched original, surpassing 500 million views and sparking a new wave of Korean travel. In the three months after its June 2025 release, global flight bookings to South Korea jumped 25 % and...
Adani Energy Solutions Raises $500 Million From Apollo Global Through Dollar Bonds
Adani Transmission Step‑One Limited, a wholly‑owned arm of Adani Energy Solutions, secured a $500 million dollar‑denominated bond from Apollo Global Management. The proceeds will be used to refinance an equal‑amount of 2016 senior secured bonds that mature in August. Moody’s reaffirmed...
Air India Express Aircraft's Nose Wheel Faces Malfunction at Phuket Airport — Here's What We Know
Air India Express’s Hyderabad‑Phuket Boeing 737‑Max 8 suffered a nose‑wheel malfunction during its March 11 landing at Phuket International Airport, prompting the runway’s temporary closure. The aircraft touched down at 04:24 UTC, and both nose wheels detached, but no passengers or crew were injured....
VinFast Hires Seasoned Auto Executives to Accelerate India Expansion
VinFast has pledged roughly $2 billion to expand in India and has hired more than half a dozen senior executives from Hyundai, Honda, Nissan, Renault, BMW and MG. The talent drive is designed to accelerate the launch of affordable electric cars,...
Warner Bros Rejects Paramount Takeover Bid, Sets Week Deadline; Netflix Vote on 20 March
Warner Bros. Discovery rejected Paramount Skydance's $30‑per‑share acquisition proposal, signaling that the current offer does not meet its valuation expectations. The studio gave Paramount a seven‑day window, until February 23, to submit a revised, best‑and‑final bid. Paramount has indicated it could...
