Calling Mistry allegations “not true”, the petition states: “From the welter of allegations and counter-allegations that followed, Mistry’s conduct made it clear that he had become a Trojan horse and was not suited to continue as a collegial body as senior and as important as the board of Tata Sons.” … [Read more...] about Ratan Tata files affidavit with Supreme Court countering Cyrus Mistry’s petition: Report
The pandemic, though, means that no one can retreat into the comfort of the status quo. Nothing works as it did in January; nearly everything we do has had to change. That gives companies of all sizes the opportunity to realize all the potential productivity gains they’ve been stockpiling but not taking full advantage of. Companies like Alibaba and Google are expanding the use of drones to make the ultimate in contactless deliveries. Nike is producing online exercise classes to boost demand for its workout gear. In less than a week, Sysco, the big food-distribution firm, built an entirely new supply chain and billing system to serve grocery stores. … [Read more...] about The 5 ways founding a startup prepared me for the pandemic
Three large private life insurance companies, ICICI Prudential Life Insurance, HDFC Life Insurance and SBI Life Insurance, have seen their stocks rallying by 70-100 percent from their 52-week low price seen in March 2020. But the financial performance of all these life-insurers was tepid in the first quarter of FY21 as their business was impacted by the pandemic. … [Read more...] about Ideas For Profit | Which life insurance stock offers better value for investors?
41% say that the government should break up some or all, over concerns of too much control over the market and personal data, as well as limited competition. 30% are not sure. 29% say the government should not break them up. Next up, the subcommittee will release a report, and all four companies reportedly face antitrust probes from the Justice Department and state attorneys general. … [Read more...] about Surprise! The Big Tech antitrust hearing was a PR boost for Amazon, Facebook, Google, and Apple