There is something cooking at the Wadia group. After stepping down as MD from the family controlled Go Airlines (rebranded as Go First) and Bombay Dyeing in March 2021, Jehangir Wadia (48, younger son of Nusli Wadia) has now stepped down from the boards of Britannia Industries and Bombay Burmah Trading Corporation (BBTC). There is … Read more
Kalpataru Power (KPTL) on December 8, 2020 announced a new corporate office capex of Rs 377 crore, which included a Rs 207 crore land purchase from a group entity. It’s pertinent to mention here that KPTL promoter group has significant interests in the real estate business. However, there was a significant push back on this … Read more
Shreevar Kheruka (Managing Director of Borosil Limited) announces that in the event of an unfortunate demise of any employee due to Covid – the family will be given 2 years of salary; and the education of the children of the employee will be paid till graduation in India. The above policy was made applicable for … Read more