McKinsey’s top executive wants to change how the firm operates Bob Sternfels, the consulting company’s new leader, discusses speeding up decision making, rethinking performance evaluations and avoiding future scandals

Meta Platforms’ head of communications leaves company John Pinette ran the company’s public relations teams since 2019

Two Chinese startups tried to catch up to makers of advanced computer chips—and failed Foundries with ties to a little-known Chinese entrepreneur set out to match TSMC and Samsung, but never commercially produced an advanced semiconductor

Diving SPACs are a warning for aerospace startups Virgin Orbit’s lackluster debut in the stock market should concern speculative ventures with larger valuations and far less tangible prospects

Purdue Pharma authorized to appeal judge’s rejection of sackler settlement plan The OxyContin maker is looking to revive its chapter 11 plan to resolve an onslaught of opioid lawsuits

ANIL to be Adani Group's vehicle for new energy business ANIL to undertake green hydrogen projects, low carbon electricity generation, wind turbines manufacturing, solar modules and batteries as it looks to become the world's largest renewable energy company and produce the cheapest hydrogen

'What a year': OYO clocks highest bookings in 90 pandemic weekends on New Year OYO Founder and CEO Ritesh Agarwal thanks over a million people who booked more than half a million nights with OYO Hotels this New Year

Google faces CCI probe over 'denial' of ad revenue's fair share to news publishers The watchdog asked its Director General of Investigation to give a report in 60 days. The regulator also said nothing mentioned in its order amounts to a final expression of opinion on the merits of the case

Tata Power scores high on ESG in S&P Global’s Corporate Sustainability Assessment results Consumer goods companies, those in carbon businesses, and even state governments have been trying to board the ESG bandwagon, with the ratings affecting the very nature of the way business is done

CSB Bank CEO & MD Rajendran to retire early on health grounds Following the resignation, the board has decided to set up an independent executive search committee to identify a successor

New studies find unprecedented impact from supply-chain turmoil The assessments from regional Fed banks mark new attempts by economic policy makers to measure disruptions driven by the pandemic and shipping strains

Satya Nadella invests in Tiger Global-backed fintech unicorn Groww Wealth management and investment platform Groww raised $83 million in April 2021 as a part of its Series D round led by Tiger Global, which valued the company at a little over $1 billion

Ad hoc decisions are hurting restaurant business: NRAI president In an interview, Kabir Suri, president of the association, who runs Azure Hospitality, said nearly 30% of all restaurants in India have shut down in the last 20 months and if adequate support isn’t provided, the crisis for the restaurant industry could…

JSW Steel to invest ₹ 15,000 cr expand Vijayanagar facility to 18 MTPA As part of the 18 MTPA roadmap for its Vijayanagar works steel facility, JSW Steel aims to achieve an additional 1 MTPA expansion through upgradation of the current facility to achieve 13 MTPA capacity in the next 12 months.

JSW Steel announces brownfield expansion worth ₹ 15K crore in Karnataka's Ballari The new brownfield expansion will be spread across 600 acres and includes establishing 4.5 MTPA Blast Furnace, two Steel Melt Shops 350 tons each and 5 MTPA Hot Strip Mill along with other allied and auxiliary facilities

Airtel says it will pay interest on deferred dues, but not issue equity to govt Bharti Airtel said it has informed the telecom department DoT about its decision.

DPIIT to organise Startup India Innovation Week from 10 January Startup India Innovation Week will have sessions ranging from topics such as enhancing market access opportunities, discussions with industry leaders, best practices by states, capacity building of enablers, reverse pitching by incubators, technology e…

Govt selects TCS to drive next phase of passport seva programme Launched in 2008, the passport seva programme saw TCS transforming the delivery of passport-related services, digitizing the processes, and setting global benchmarks in timeliness, transparency, and reliability

BharatPe eyes up to $4 billion valuation Resilient Innovations, which runs the BharatPe payments service, plans to raise at least $150 million in the Series F transaction, the people said, requesting anonymity

Ratan Tata biography in record deal The book is authored by a former senior bureaucrat and retired Indian Administrative Service (IAS) officer, Thomas Mathew, who received access to the private papers, correspondence and photographs of Ratan Tata over the past few years