Meta Platforms Inc. has named fintech entrepreneur Kunal Shah as the new global head of WhatsApp, pulling off an unusual executive crossover as part of a $900 million investment in his financial services startup Cred. Shah, who has previously founded and sold FreeCharge and backed a range of Indian startups, will replace Will Cathcart, who … Read more
About two months ago, CEO Sachinder Bhinder was asked to leave by CVC Capital Partners, the majority stake owner in Aavas. Now, the Chief Financial Officer (CFO) Ghanshyam Rawat and Chief Risk Officer (CRO) Ashutosh Atre have tendered their resignations. In similarly worded letters, both have cited personal reasons for the resignation. These are two … Read more
Reliance Industries‘ 49th annual general meeting (AGM) on Friday will be in sharp focus as investors await updates on the group’s strategic roadmap, including the timeline for the much-anticipated Jio Platforms IPO, retail growth plans, and developments in its new energy business. During the last AGM held in 2025, the company unveiled a series of … Read more
Reliance Industries Chairman Mukesh Ambani addresses the 49th Annual General Meeting (post-IPO) of Reliance Industries Limited, in Mumbai, Maharashtra. Photo: YT/@RelianceUpdates via PTI Photo Jio Platforms Ltd (JPL) on Friday filed the Draft Red Herring Prospectus (DRHP) with market regulator the Securities & Exchange Board of India (SEBI) for an Initial Public Offer (IPO) of … Read more
The Company announced the appointment of Sanjay Rao as its new Managing Director and Chief Executive Officer. Rao joins from Nike, where he most recently served as Senior Director, Nike Retail, overseeing the France and Benelux markets. Prior to Nike, he worked with Inditex and played a key role in establishing Zara’s business in India … Read more
The Strait of Hormuz is back in business after more than 100 days of disruption, with over 60 million barrels of crude set to leave the pipeline. Following a US-Iran peace deal, one of the world’s most important oil routes is set to reopen, releasing millions of barrels of crude that had been stuck inside … Read more
In June, it elevated longtime executive Seshu Kumar Tirumala to chief operating officer. Tirumala, who has spent more than a decade at the company across sourcing, merchandising and private labels, is expected to strengthen the senior leadership team as BigBasket sharpens its focus on quick commerce. Source link