French billionaire Bernard Arnault announced Wednesday that his daughter Delphine would head his LVMH luxury empire’s Dior fashion house in a leadership shuffle also featuring a new CEO at flagship brand Louis Vuitton. The shake-up at LVMH’s two leading brands came as Arnault has seen his wealth soar to newContinue Reading
Glassdoor, an American website on which current and former employees anonymously review companies, has published its annual ‘100 Best Places to Work’ list, for 2023. The list, for which ratings were determined based on reviews from the annual eligibility period, was topped by neither Apple nor Google, but by Gainsight,Continue Reading
The two-day-long Madhya Pradesh Global Investors Summit began on Wednesday in Indore. Industrialists, representatives of various industry associations, foreign delegates and representatives from all G20 countries are scheduled to attend the event. The inaugural session was attended by business leaders from Aditya Birla, Tata, Bajaj, Piramal, Godrej, Lulu Group, DalmiaContinue Reading
Taiwan’s Evergreen Marine Corp. is celebrating a standout year by awarding stellar bonuses to some of its staff. The Taipei-based shipping company is handing out year-end bonuses equal to 50 months salary, or more than four years’ pay, on average, according to a person familiar with the matter. The sizeContinue Reading
Madhya Pradesh has enough land for industries, and businesses can mark a location on a map and the government will allocate land within 24 hours, chief minister Shivraj Singh Chouhan made a pitch at the opening session of the two-day Madhya Pradesh Global Investors Summit on Wednesday in Indore. TheContinue Reading
Apple has shared some massive numbers in the services portfolio for the year that passed. In a snapshot, tech giant reported 900 million paid subscriptions across the suite of services, which includes Apple Music, Apple TV+ and the App Store, globally. This shouldn’t come as a surprise, considering the importanceContinue Reading
Prime Minister Narendra Modi’s goal of making India the world’s factory risks being held back by the country’s inability to attract bigger container ships due to inadequate port infrastructure. Most harbors along India’s coast aren’t deep enough to handle vessels like the Ever Alot, the world’s largest boxship at 400Continue Reading
BharatPe co-founder Ashneer Grover has shed some light on his new startup, Third Unicorn. In a LinkedIn post, Grover, who announced the startup on his 40th birthday in June last year, gave a sneak peek of the new venture, and said a team of maximum 50 people will work inContinue Reading
Bloomberg | | Posted by Lingamgunta Nirmitha Rao Walt Disney Co. is asking its workers to return to the company’s offices four days a week starting on March 1, according to an internal memo seen by Bloomberg. “Employees currently working in a hybrid fashion will be asked to spend fourContinue Reading
The deadline to file income tax returns (ITRs) for financial year 2021-22 was July 31, 2022. For those who missed the due date, December 31 was the last date to submit belated returns. It was also the deadline for taxpayers to file revised ITRs, after rectifying the errors (if any)Continue Reading