Business

H&M owners quietly buying its shares

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H&M, a publicly traded company since 1974, is witnessing a significant shift towards private ownership as the Persson family, its founders, have aggressively increased their ...

H&M owners quietly buying its shares

Photo of author
H&M, a publicly traded company since 1974, is witnessing a significant shift towards private ownership as the Persson family, its founders, have aggressively increased their ...

H&M owners quietly buying its shares

Photo of author
H&M, a publicly traded company since 1974, is witnessing a significant shift towards private ownership as the Persson family, its founders, have aggressively increased their ...

Govt appoints RBI DG T Rabi Sankar as 16th Finance Commission member

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T Rabi Sankar, Deputy Governor of the Reserve Bank of India, has been appointed as a part-time member of the 16th Finance Commission, according to ...

Future of work: Zoho’s Sridhar Vembu says AI job loss isn’t the threat—economic distribution is

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Zoho cofounder Sridhar Vembu argues that the primary concern with AI and automation isn’t job loss, but equitable wealth distribution. He envisions two potential solutions: ...

FinTech push: Infosys opens GIFT City centre for BFSI digital services; new hub to house over 1,000 employees in hybrid model

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Infosys has inaugurated a new development center in Gujarat International Finance Tec-City (GIFT City), Gandhinagar, to support over 1,000 employees in a hybrid model. This ...

Risk-on rally: Defence and microcaps drive May surge in Indian markets; RBI rate cut extends momentum into June

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Indian equities experienced a significant surge in May, propelled by strong performances in defence stocks and microcaps. The Nifty 50 rose by 1.71%, while the ...

New market slice: Little Caesars makes India debut with NCR outlet plan; Harnessing Harvest to lead franchise push

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Little Caesars, the world’s third-largest pizza chain, is set to launch in India this month, marking its 30th global market. Partnering with Harnessing Harvest, the ...

Top table rejig: Rabi Sankar appointed to 16th Finance commission as part-time member; after Ajay Jha’s mid-term exit

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T Rabi Sankar, RBI Deputy Governor, has been appointed as a part-time member of the 16th Finance Commission, replacing Ajay Narayan Jha. Sankar’s term will ...

Procurement boost: Centre doubles cap for direct scientific purchases; researchers get more autonomy

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The Centre has increased financial thresholds for scientific equipment procurement by research institutions, as per revised General Financial Rules. Vice-chancellors and directors can now directly ...