Adani Green Energy entered the list of top-10 most valued companies in terms of market capitalisation (m-cap) in the country on Monday after its stock price zoomed 16.3 per cent to hit a new high of Rs 2,701.6 on the BSE. Adani Green Energy’s m-cap now stands at Rs 4.22 trillion, surpassing Bharti Airtel, which has an m-cap of Rs […]

SoftBank-backed internet commerce firm Meesho has downsized its grocery vertical Meesho SuperStore (formerly Farmiso) in an attempt to drive efficiency. The Bengaluru-based firm did not reveal the number of laid-off employees. However, the company officials said that about 150 employees have been laid off. “As we look to boost efficiencies in the light of the integration, a small number of […]

Antoine de Saint-Exupéry’s elegantly humble 1943 children’s novella The Little Prince is transformed into a visually spectacular, dramatically overblown meld of dance, music, video and, best of all, breathtaking aerial acrobatics in Anne Tournié’s international staging opening on Broadway tonight at the Broadway Theatre. Staying true to the book’s plot and spirit, with only a few storyline excisions that might […]

The newly merged Warner Bros. Discovery will host its first Upfront event on Wednesday, May 18 at The Hulu Theater at Madison Square Garden, showcasing its combined portfolio of content, brands, franchises and talent, ad sales chief Jon Steinlauf said Monday. The event is likely to be packed with clients, agency partners, investors, sell-side analysts and press following last week’s […]

New York (CNN Business)Krispy Kreme wants to take the edge off higher gas prices by lowering doughnut prices. Every Wednesday from April 13 through May 4, Krispy Kreme will sell a dozen original glazed doughnuts for the price of a gallon of regular gas. Each week, the chain will use Monday’s national average gas price to set the promotional cost […]

Jon Batiste, Olivia Rodrigo and Silk Sonic are among the big winners at the 64th Grammy Awards. Batiste leads the pack with five win. His uplifting soul record WE ARE won Album Of The Year award. The jazz musician also took home the award for Best Music Video (“Freedom”), Best American Roots Performance and Best American Roots Song (both for […]

Twitter’s Chief Executive Parag Agrawal said that its largest shareholder Elon Musk has decided not to join the board. The Board appointment of Musk, the CEO of luxury electric vehicle maker Tesla, was due to become effective on Saturday, but he shared that same morning that he would no longer be joining the board. Agrawal said Twitter Board offered Musk […]

AT&T’s CEO John Stankey says his company is best off out of the media business. From the standpoint of its choppy contribution to earnings and its debt load, he is right. However, that leaves AT&T to rely on the highly competitive broadband business. It is among the most competitive sectors in the United States, and AT&T has yet to prove […]

The words ‘industry’, ‘industrial development’, ‘jobs’, and ‘employment’ have been ringing with higher frequency since Mamata Banerjee stepped into her third term with landslide victory after a high-octane election last year. “Our government’s next target is industrial development,” the chief minister (CM) had been heard stating at different public meetings in the past few months — perhaps setting the tone […]