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Novartis plans to sell its listed company in India, according to Narasimhan, Global CEO

Novartis, the Swiss pharmaceutical powerhouse, is contemplating a strategic shakeup in India, hinting at the potential divestment of its listed unit, Novartis India Limited (NIL). However, amidst this potential shift in ownership dynamics, the company remains steadfast in its commitment to expanding its research and development (R&D) footprint in the country through its unlisted unit, […]

Business

Anirban Mukherjee, CEO of PayU India, was promoted to global CEO

The recent elevation of Anirban Mukherjee to the position of CEO at PayU marks a significant transition for the fintech platform, as it shifts towards an India-centric strategy. With Mukherjee now leading PayU’s business operations, there’s a clear focus on leveraging the opportunities presented by India’s Digital India initiative and forward-thinking regulations from the Reserve […]

Business News

According to Ingka’s global CEO, Jesper Brodin, India is a top investment priority for the company because to its intriguing rate of development

India’s significance in Ikea’s global expansion strategy cannot be overstated, according to Jesper Brodin, Global CEO of Ingka Group, Ikea’s largest franchisee. Despite the challenges posed by India’s rapidly evolving digital and physical infrastructure, Brodin sees the country as a top investment priority for the furniture giant. Brodin’s admiration for India’s progress over the past […]

News

Bob Bakish resigned as CEO of Paramount Global.

The impending departure of Bob Bakish as CEO of Paramount Global marks the end of an era for Shari Redstone’s media empire. After eight years at the helm, Bakish is expected to step down under pressure, a move that has been anticipated since rumors began circulating last Friday. Bakish’s tenure at Paramount and its predecessor […]

News

The CEO of Indigo describes 2023 as a “tough” year due to lower third-quarter revenues

Heather Reisman, the CEO of Indigo Books & Music Inc., opened up about the company’s tumultuous journey over the past year, describing it as a “challenging” period marked by various disruptions. These included a debilitating ransomware attack that paralyzed its e-commerce operations, an untimely launch of a new platform, inventory overbuying, and navigating through an […]

Technology

The largest integrated electric cycle gigafactory in the world is announced by EMotorad: An interview with CEO and co-founder Kunal Gupta

EMotorad’s decision to expand its manufacturing capabilities with the launch of the world’s largest e-cycle gigafactory reflects its strategic response to the escalating global demand for electric cycles. Kunal Gupta, the Co-founder and CEO of EMotorad, articulated that the company aims to capitalize on this growing trend, aligning with the increasing preference for eco-friendly mobility […]