K Krithivasan, CEO of TCS, remains optimistic about the future of the Indian IT industry, asserting it will not become obsolete by 2030. TCS navigates challenges with strategic shifts and acquisitions.
Tag: business news
Air India CEO Campbell Wilson Resigns
Campbell Wilson has resigned as CEO of Air India, a move that comes as the airline faces ongoing losses and regulatory scrutiny.
Lakshmi Venu TVS: Boardroom Dynamics and Governance Challenges
Recent developments at TVS Holdings highlight governance concerns raised by Lakshmi Venu, impacting the company’s leadership structure.
Nandita Sinha Myntra: CEO Expected to Step Down Soon
Nandita Sinha is anticipated to resign as CEO of Myntra, having led the company since 2022. Sharon Pais is seen as her likely successor.
KPMG UK Layoffs: Nearly 600 Audit Staff at Risk
KPMG UK has announced that nearly 600 audit staff are at risk of layoffs, with significant cuts expected in the advisory arm as well.
Thomas Cook Strengthens Investment in Joint Venture with Indian Horizon Marketing Services
Thomas Cook (India) Limited has made a substantial investment in its joint venture, Indian Horizon Marketing Services Limited, reinforcing its financial commitment.
Hilton Metal Forging Defence Order Secured for 360,000 Artillery Shells
Hilton Metal Forging Limited has secured a significant defence order for 360,000 artillery shells, valued at ₹720 crore, to be delivered over 24 months.
Meta Layoffs: Major Job Cuts Ahead as Company Restructures
Meta is preparing for its largest-ever round of layoffs, potentially affecting 20% of its workforce as it pivots towards AI investment.
OnePlus Shutdown: CEO Resignation and Market Changes
OnePlus is undergoing significant changes as CEO Robin Liu resigns and the company shifts its focus to online sales, raising concerns about a potential shutdown.
Jagran Prakashan Ltd Faces Stock Decline Amid Market Challenges
Jagran Prakashan Ltd’s stock has fallen to a 52-week low, reflecting broader challenges in the Printing & Publishing sector.