Sunday, May 19, 2024

Business

Workplace harassment data reveals corporate sector’s patchy compliance with POSH Act: Report

A decade after India's groundbreaking Sexual Harassment of Women at Workplace Act mandated strict measures to prevent and address workplace sexual harassment, a new analysis of compliance data raises...

US probing Gautam Adani over potential bribery, Adani Group says ‘not aware’

The United States has widened its investigation of Adani Group to focus on the conduct of its founder, Gautam Adani, and whether the company may have engaged in bribery, Bloomberg News reported on Friday.

WTO conference ends in division and stalemate – does the global trade body have a viable future?

Jane Kelsey, University of Auckland, Waipapa Taumata Rau The 13th World Trade Organization (WTO) ministerial conference in Abu Dhabi...

McDonald’s misses sales target, blames Israel’s war in Gaza

McDonald’s, one of the most iconic US brands, attributes its failure to meet the first quarterly sales target in almost four years to Israel’s genocidal war in Gaza. This decline follows a call for a McDonald’s boycott by customers in Muslim countries, sparked by the Israeli franchisee's donation of thousands of free meals to the Israeli military.

It will take more than 200 years to end poverty: Oxfam

As the rich elites from around the world gather for the World Economic Forum at Davos, Oxfam released...

Zara removes controversial ad after Gaza boycott calls

The fashion company Zara has removed a controversial advertising campaign from the website and official social media handles after pro-Palestine activists called for a boycott of the retailer.

Puma to end sponsorship of Israel’s football team in 2024

Though the move was planned since last year and is not related to consumer boycott calls against Israel amid the Gaza war, according to the spokesperson, the German sportswear firm has long faced boycott calls over its brand alliance with the Israel Football Association (IFA).
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“Our suffering is not your aesthetic”: Palestine supporters call for Zara boycott after its latest ad

Spanish clothing retailer Zara's recent ad campaign, titled "The Jacket," showcasing the garment's versatility, has stirred public outrage due to controversial images reminiscent of Israel's genocidal war on Gaza.

Hindenburg 2.0: Adani Group accused of secret share trading in OCCRP report

Fresh sets of allegations of ‘stock manipulation’ against Adani Group by Organised Crime and Corruption Reporting Project (OCCRP) have been causing huge chaos in the Indian stock market.
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UK telecom company BT plans to shed up to 55,000 jobs, replace some with AI

BT Group, a telecommunications company based in the United Kingdom, announced on Thursday its intention to reduce its workforce by up to 55,000 employees by the end of the decade.

ED searches home, offices of Byju’s CEO Byju Raveendran in Bengaluru

The Enforcement Directorate (ED) on Saturday conducted searches at the Bengaluru residence of CEO of the ed-tech company Byju's, Byju Raveendran, and the firm's two offices.
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Union govt introduces interchange fee for Gpay, Paytm, others on transactions above ₹2,000

The NPCI, which oversees payment systems in India, has suggested that transactions above Rs 2,000 made through Prepaid Payment Instruments (PPIs) using the Unified Payments Interface (UPI) should be charged an interchange fee.

Net worth slips below $40 bn, Gautam Adani now 39th on global rich list

Gautam Adani has now slipped to the 39th spot on the global rich list after the US-based short seller Hindenburg Research accused the Adani Group of indulging in stock manipulation and accounting fraud.
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Hindenburg: Gautam Adani no longer among world’s 25 richest persons’ list

Gautam Adani no longer figures among the world’s 25 richest persons’ list after being caught in a short selling storm with Hindenburg research, according to the world billionaires list by Forbes and Bloomberg.

‘Hum Adani ke hain kaun’: Congress’s three questions to PM Narendra Modi

Darting three questions to the Narendra Modi government amid the Adani crisis, the Congress said, "You and your government cannot hide from -- saying Hum Adani ke Hain Kaun."
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Hindenburg report on Adani ‘not an attack on India’, says former SEBI chairman

Former Securities and Exchange Board of India (SEBI) chairman Upendra Kumar Sinha has said that he is not inclined to believe that Hindenburg report on Adani is an attack on India.

Adani’s market losses top Rs 8 lakh crore as crisis shockwaves spread

Adani's market losses swelled above Rs eight lakh crore ($100 billion) on Thursday, sparking worries about a potential systemic impact a day after the Adani Group's flagship firm abandoned its $2.5 billion stock offering, reported Reuters.
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