Ola does not disclose March sales figures, says backlog will be cleared in April | Company Business News

New Delhi: Ola Electric Mobility Ltd did not disclose its monthly sales figures for the first time, following a month-long lull in registering new vehicles. The Bengaluru-based electric scooter maker quoted data on the government’s Vahan portal to report 23,450 new vehicle registrations in March. The portal records registrations instead of company despatches. A month … Read more

Cognizant eyes a place amongst world’s four largest IT services firms | Company Business News

Two years after arresting a revenue decline, Cognizant Technology Solutions Corp. aims for revenue growth that would place it amongst the world’s top four IT services companies, including Accenture Plc, Tata Consultancy Services Ltd, Capgemini SE, and Infosys Ltd, by FY27. On Tuesday, as part of its annual investor meeting, Cognizant shared a four-point strategy … Read more

LVMH’s Sephora Overhauls Asia Leadership After Setback in China

Sephora Chief Executive Officer Guillaume Motte has taken personal charge of its operations in China, the latest management shift at the LVMH-owned cosmetics retailer as it struggles to win over consumers in the world’s second-largest economy. Alia Gogi, who was appointed Sephora Asia’s president in 2020, resigned near the end of last year for family … Read more

Samsung, Union Agree to 5% Wage Hike in 2025 After Tensions Ebb

(Bloomberg) — Samsung Electronics Co. and its largest labor union have tentatively agreed to a 5.1% wage increase and stock awards for staff in 2025, signaling efforts by the two sides to defuse tensions that triggered the company’s first-ever labor strike last year.  Under an initial agreement, Samsung will for the first time give 30 … Read more

Nayara, Jio-BP sells fuel at a discount; the state-owned OMC loses market share

Nayara, Jio-BP sells fuel at a discount; the state-owned OMC loses market share

2025-01-29 05:00:00 : New Delhi: Private fuel retailers are reducing prices and falling into the market share of its public sector, and use cheaper Russian crude oil as customers. Since March 2024, the government owned by the government (OMC), which has occupied fuel retail in India, has not touched the price Bleak5 in some areas. … Read more