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Fortune 500 India
40 Under 40
Most Powerful Women
Budget 2024
India's Richest
The Next 500
Best B-Schools
Opinion
First Edit
Multimedia
Events
Top Stories
Enterprise
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Meta resorts to 3rd round of layoffs across Family of Apps
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By
Vidhi Taparia
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At Meta, over 38% of employees added since 2019 have been laid off within the past year.
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Investing
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Hyundai India IPO subscribed 2.37 times on final day; GMP drops to zero
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Chitranjan Kumar
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The GMP of Hyundai Motor India has fallen from its peak of ₹570 on September 27 to zero on October 17, indicating listing to be flat at ₹1,960.
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Enterprise
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RBI stops 4 NBFCs, including Sachin Bansal’s Navi, from disbursing loans
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fortuneindia.com
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RBI says this action is based on concerns observed in the pricing policy of these NBFCs.
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Enterprise
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Axis Bank Q2 profit rises 18% on strong core biz growth
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By
Vidhi Taparia
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The robust profit growth was fuelled by a 24% rise in operating profits and a 10% increase in core operating profits year-on-year.
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Enterprise
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Discretionary spending in financial services strong but other verticals still slow: Infosys’ Salil Parekh
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fortuneindia.com
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Outside of financial services, other industries are yet to have any change in discretionary spending, says Salil Parekh.
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Enterprise
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Infosys Q2 profit surges 5% to ₹6,506 cr, revenue up 5.1%; announces ₹21/share dividend
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By
Manoj Sharma
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Infosys revises revenue guidance for FY25 upward to 3.75%-4.50% in constant currency, from 3-4% revenue earlier
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Enterprise
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Wipro Q2 results: Net profit grows 21%, revenue down 1%; announces 1:1 bonus share
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Chitranjan Kumar
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The consolidated revenue dropped 1% YoY to ₹22,302 crore in Q2 FY25, from ₹22,543 crore in the corresponding period last year.
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People
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Unpacking the detention of Indian-Swiss billionaire Pankaj Oswal’s daughter in Uganda
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Vidhi Taparia
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Vasundhara Oswal, the 26-year-old daughter of a Swiss billionaire of Indian origin Pankaj Oswal, has been detained in Uganda since October 1.
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Enterprise
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Nestle India Q2 profit drops 1% to ₹899 cr
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fortuneindia.com
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Profit was hit by elevated commodity prices, especially for coffee and cocoa.
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Investing
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Hyundai Motor India IPO sails through; subscribed 100% on Day 3
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Manoj Sharma
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QIBs help Hyundai Motor India cross the 100% subscription mark; retail quota subscribed only 44% so far
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Investing
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RIL fixes record date for 1:1 bonus issue, raises authorised share capital
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By
Manoj Sharma
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RIL board approves authorised share capital at ₹50,000 crore, which consists of 4,900 cr shares of ₹10 each and 100 cr preference shares of ₹10 apiece each
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Editor’s Picks
Long Reads
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Pai’s Innovation Adds Shine To Hindalco
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By
Rajiv Ranjan Singh
Long Reads
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Leadership In A Volatile World
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By
Ajita Shashidhar
Long Reads
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HCLTech’s GenAI Pivot
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By
Rukmini Rao
Long Reads
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Venkat Times It Right For Titan’s Global Foray
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By
Manoj Sharma
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Greatest lesson I learnt from Ratan is there’s no ‘perfect CEO’: Ishaat Hussain
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By
V. Keshavdev
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Why Deep-Tech Fascinates Corporate Leaders
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By
P B Jayakumar
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Kalra Puts Persistent Growth On Steroids
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By
Rukmini Rao