#delta-corp

Kumar Mangalam Birla wins Business Icon of the Year award for transformational leadership
Kumar Mangalam Birla, the esteemed chairman of the Aditya Birla Group, has been recognized with the prestigious Business Icon of the Year Award at the Business Today - PwC India's Best CEO Awards. This recognition highlights his outstanding contribution to transforming the Indian conglomerate into a global business powerhouse with operations across 40 countries. After assuming leadership at just 28 following his father’s untimely demise in 1995, Kumar Mangalam Birla s
Kumar Mangalam Birla wins Business Icon of the Year award for transformational leadership
Kumar Mangalam Birla, the esteemed chairman of the Aditya Birla Group, has been recognized with the prestigious Business Icon of the Year Award at the Business Today - PwC India's Best CEO Awards. This recognition highlights his outstanding contribution to transforming the Indian conglomerate into a global business powerhouse with operations across 40 countries. After assuming leadership at just 28 following his father’s untimely demise in 1995, Kumar Mangalam Birla s

Google’s Sergey Brin Advocates 60-Hour Workweek for AI Team Amidst AGI Development Race
Google co-founder Sergey Brin has advised employees working on the company’s Gemini AI models to follow a 60-hour workweek and attend office daily in a bid to boost productivity and accelerate artificial general intelligence (AGI) development. This move comes as competition in AI innovation intensifies, with industry giants racing to achieve AGI dominance.In an internal memo accessed by The New York Times, Brin outlined his vision for an optimal work schedule, stating that a 60-hour wor
Google’s Sergey Brin Advocates 60-Hour Workweek for AI Team Amidst AGI Development Race
Google co-founder Sergey Brin has advised employees working on the company’s Gemini AI models to follow a 60-hour workweek and attend office daily in a bid to boost productivity and accelerate artificial general intelligence (AGI) development. This move comes as competition in AI innovation intensifies, with industry giants racing to achieve AGI dominance.In an internal memo accessed by The New York Times, Brin outlined his vision for an optimal work schedule, stating that a 60-hour wor

Adapting to Change: JCPenney to Close a Handful of Stores Across the US by Mid-Year
JCPenney has recently announced plans to close select store locations by mid-year as part of a targeted response to expiring lease agreements and shifting market conditions. This decision, while affecting only a small portion of its overall network of stores, reflects the company’s broader strategy to adapt to an evolving retail landscape. The closures come at a time when the retail environment is undergoing significant transformation, influenced by c
Adapting to Change: JCPenney to Close a Handful of Stores Across the US by Mid-Year
JCPenney has recently announced plans to close select store locations by mid-year as part of a targeted response to expiring lease agreements and shifting market conditions. This decision, while affecting only a small portion of its overall network of stores, reflects the company’s broader strategy to adapt to an evolving retail landscape. The closures come at a time when the retail environment is undergoing significant transformation, influenced by c

DCM Shriram to Discuss Second Interim Dividend and Financial Results in Board Meeting
DCM Shriram Ltd. has scheduled a Board of Directors meeting on January 18, 2025, to discuss various financial matters, including the potential payment of a second interim dividend for the fiscal year 2024-25. The company will also review its unaudited financial results for both its standalone and consolidated entities for the quarter and nine months ending December 31, 2024. The record date for the second interim dividend, if approved, will be January 24, 2025, with payment expected
DCM Shriram to Discuss Second Interim Dividend and Financial Results in Board Meeting
DCM Shriram Ltd. has scheduled a Board of Directors meeting on January 18, 2025, to discuss various financial matters, including the potential payment of a second interim dividend for the fiscal year 2024-25. The company will also review its unaudited financial results for both its standalone and consolidated entities for the quarter and nine months ending December 31, 2024. The record date for the second interim dividend, if approved, will be January 24, 2025, with payment expected

Shares of Gaming Companies Surge After Supreme Court Grants Stay on Tax Notices
Shares of prominent gaming companies, including Delta Corp. and OnMobile Global Ltd., surged on Friday after the Supreme Court of India granted a stay on the proceedings regarding show cause notices (SCNs) issued by the tax department. These notices were linked to the proposed imposition of a 28% Goods and Services Tax (GST) on online gaming companies, which had caused significant concern within the industry. Abhishek A Rastogi, the founder of Rastogi Chambers, representing the gaming compani
Shares of Gaming Companies Surge After Supreme Court Grants Stay on Tax Notices
Shares of prominent gaming companies, including Delta Corp. and OnMobile Global Ltd., surged on Friday after the Supreme Court of India granted a stay on the proceedings regarding show cause notices (SCNs) issued by the tax department. These notices were linked to the proposed imposition of a 28% Goods and Services Tax (GST) on online gaming companies, which had caused significant concern within the industry. Abhishek A Rastogi, the founder of Rastogi Chambers, representing the gaming compani

US Business Leaders Donate Big to Trump’s 2025 Inaugural Fund
In a shift of political support, major US business leaders and companies are lining up to donate substantial sums to Donald Trump’s 2025 inaugural committee, following his landslide victory. Corporate America, which largely supported Kamala Harris and the Democratic agenda in the 2020 presidential race, is now keen to strengthen ties with the incoming Republican administration. With some of the largest donations coming from figures like Meta’s Mark Zuckerberg, OpenAI’s Sam A
US Business Leaders Donate Big to Trump’s 2025 Inaugural Fund
In a shift of political support, major US business leaders and companies are lining up to donate substantial sums to Donald Trump’s 2025 inaugural committee, following his landslide victory. Corporate America, which largely supported Kamala Harris and the Democratic agenda in the 2020 presidential race, is now keen to strengthen ties with the incoming Republican administration. With some of the largest donations coming from figures like Meta’s Mark Zuckerberg, OpenAI’s Sam A

Government Launches Phase-II Retail Sale of Subsidised Wheat Flour and Rice to Stabilise Prices
In response to rising food prices, the Indian government has launched Phase-II of retail sales for subsidised wheat flour and rice under the Bharat brand, available at Rs 30 per kg for wheat flour and Rs 34 per kg for rice. These products will be offered in 5kg and 10kg packs through cooperatives like NCCF, Nafed, and Kendriya Bhandar, as well as on e-commerce platforms. Food Minister Pralhad Joshi announced this temporary intervention, aimed at easing consumer costs and stabilising market pr
Government Launches Phase-II Retail Sale of Subsidised Wheat Flour and Rice to Stabilise Prices
In response to rising food prices, the Indian government has launched Phase-II of retail sales for subsidised wheat flour and rice under the Bharat brand, available at Rs 30 per kg for wheat flour and Rs 34 per kg for rice. These products will be offered in 5kg and 10kg packs through cooperatives like NCCF, Nafed, and Kendriya Bhandar, as well as on e-commerce platforms. Food Minister Pralhad Joshi announced this temporary intervention, aimed at easing consumer costs and stabilising market pr