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“Tata Consumer Refutes ‘Baseless’ Report Claiming Starbucks Is Exiting India”

Starbucks Denies Exit Rumors in India, Tata Consumer Calls Report 'Baseless'

Tata Consumer Products has strongly refuted a recent report claiming that Starbucks is planning to exit the Indian market due to high costs, losses, and growing competition from local coffee chains. The report, published on December 19 by Rajasthan-based media outlet The Philox, suggested that Starbucks could soon shut down operations in India, citing price-sensitive Indian consumers’ preference for cheaper local substitutes and the coffee chain’s struggle to turn significant profits in the country.

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“Vijay Mallya Asserts He Has Repaid Twice His Debt, Seeks Relief from Charges”

"Vijay Mallya Asserts He Has Repaid Twice His Debt, Seeks Relief from Charges"

Fugitive businessman Vijay Mallya has ignited a fresh controversy with his claims that the Indian banks have recovered more than double the amount of his debt. In a recent series of posts on X (formerly Twitter), Mallya argued that while the Debt Recovery Tribunal had adjudicated his Kingfisher Airlines (KFA) debt at ₹6,203 crore, including ₹1,200 crore in interest, banks had recovered ₹14,131.60 crore from him through the Enforcement Directorate (ED) and other agencies.

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“Ousted Intel CEO Pat Gelsinger Prays and Fasts for 100K Employees Amid Leadership Shift”

Pat Gelsinger Fasts and Prays for 100K Intel Employees After Shocking Resignation

In a heartfelt move following his resignation as Intel’s CEO on December 1, Pat Gelsinger has turned to prayer and fasting to show his support for the company's troubled workforce. Gelsinger, who stepped down after Intel’s board of directors reportedly asked him to either resign or be fired, has been keeping his followers updated on social media.

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Elon Musk Responds to Indian-Origin CEO Aravind Srinivas’ Green Card Query

Elon Musk’s One-Word Response to Indian-Origin CEO’s Green Card Query Sparks Buzz

Billionaire Elon Musk's simple yet impactful reaction to a post by Aravind Srinivas, the Indian-origin CEO of Perplexity AI, has sparked a conversation across social media. Srinivas, who has been waiting for a U.S. green card for three years, took to the platform X (formerly Twitter) to ask his followers, "I think I should get a green card. Wdyt?" The CEO's post quickly gained attention, but it was Musk’s response that stole the limelight.

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Poonawalla Fincorp CTO Resigns, Alleging Harassment and Disruptive HR Interventions

Poonawalla Fincorp CTO Dhiraj Saxena Resigns, Cites Harassment and Interference by HR Officer

In a shocking development at Poonawalla Fincorp Limited, Dhiraj Saxena, the company’s Chief Technology Officer (CTO), resigned on December 3, citing harassment and “unnecessary interventions” by the company's Chief Human Resource Officer (CHRO). Saxena’s resignation letter, which was submitted in September but came to light on December 6 through a regulatory filing, highlighted ongoing tensions between the IT department and the HR leadership.

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Retail Inflation Eases to 5.48% in November, Shows Modest Improvement

Retail Inflation Slows to 5.48%, Still Above RBI's Target

India's retail inflation eased slightly to 5.48% in November, down from 6.21% in October, according to data released by the Ministry of Statistics and Programme Implementation on Thursday. While the pace of price increases has slowed, the Consumer Price Index (CPI)-based inflation remains well above the Reserve Bank of India's (RBI) target of 4%, which allows a deviation of two percentage points on either side.

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