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    Padmanabhan named COO for GroupM South Asia

    Ashwin Padmanabhan appointed COO for South Asia, leading key practices and driving investments. He aims for long-term success and optimization for GroupM clients, while Praseed Prasad becomes Chief Growth Officer to oversee growth and marketing strategies.

    Kotak Bank shares fall 4% as its name crops up in Adani-Hindenburg saga

    Hindenburg Research said Kotak Mahindra Bank setup an offshore fund structure to short Adani stocks, causing Kotak's shares to drop by up to 4% to a low of Rs 1,737 on the NSE. The investment firm also targeted Uday Kotak, the founder of the bank, who personally chaired Sebi's 2017 Committee on Corporate Governance.

    Bharti AXA-SBI Life sale talks collapse, PEs may throw in hat

    The Indian government is monitoring imports of laptops, tablets, and servers, focusing on 27 companies under the Production linked incentive (PLI) scheme 2.0 for IT hardware. The government is preparing to replace the current import management system with an import authorisation mechanism to make the country a global manufacturing hub.

    Twitter's domain is now officially x.com, Elon Musk 'tweets'

    Elon Musk, owner of Tesla and X, confirmed that Twitter's rebrand to 'X' is complete, with all core systems migrated to x.com. Users now make 'posts' instead of 'tweets,' with a logo change to a white X on a black background. The app, now definitively X, embraces a new slogan: "Blaze your glory!"

    More and more Indian companies ramp up background checks on C-suite

    Indian companies discreetly monitor CEOs and key personnel through ongoing background screening, focusing on governance, fraud risk, legal liabilities, and regulatory compliance, with costs ranging from ₹1.5-7 lakh.

    India, France hold dialogue on disarmament, non-proliferation of weapons

    India and France recently conducted a bilateral dialogue focusing on disarmament and non-proliferation, particularly regarding nuclear, chemical, and biological weapons. Discussions also covered space security and conventional weapons, including the use of AI in the military and lethal autonomous weapon systems. India emphasized its commitment to universal nuclear disarmament and its responsible nuclear doctrine, which includes maintaining a credible minimum deterrence and a no-first-use posture. The conference reflects India's proactive engagement in global disarmament efforts.

    The Economic Times
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