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INDIA BUSINESS | Sat, 17 Jan 2026, 2:40AM IST February 1 is declared as a "special trading day by the exchange", the BSE notice said

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1h

INDIA NEWS | Sat, 17 Jan 2026, 1:07AM IST Walmart announced a series of executive changes on Friday as John Furner prepares to take over as CEO of the world's largest retailer on February 1, replacing Doug McMillon.The moves aim to maintain the Bentonville, Arkansas-based retailer's growth momentum and bellwether position in the industry by promoting four longtime executives and expanding their responsibilities.David Guggina will become CEO of Walmart's largest division, Walmart U.S., replacing Furner in that role. Currently serving as chief e-commerce officer of Walmart U.S., Guggina has spent nearly eight years at the retailer in various positions, including executive vice president of supply chain operations. The U.S. CEO position is highly coveted, as Walmart typically promotes leaders from this division, which generates around two-thirds of its annual revenue, to the top corporate job.NICHOLAS TO LEAD WALMART INTERNATIONAL Walmart also promoted Chris Nicholas to CEO of its $100 billion Walmart International division, a day after announcing that current head Kathryn McLay would leave the company. Nicholas currently leads Sam's Club, where he will be replaced by the chief merchandising officer for Walmart U.S., Latriece Watkins.Additionally, Seth Dallaire, currently Walmart U.S. chief growth officer, will expand his responsibilities globally as chief growth officer of Walmart Inc, the company said in a statement.All leadership changes take effect on February 1."These leadership changes mark a key step in how we organize for the future. Even the best teams need the right structure to win," Furner said.According to a company filing, Furner's annual base salary is set at $1.5 million. He will receive a one-time stock award worth $10 million and be eligible for an annual equity award valued at approximately $17 million ?in fiscal 2027.The moves come at a critical time for Walmart as it navigates domestic inflation pressures and strains on lower-income U.S. households. President Donald Trump's volatile trade policies have weighed on the company's operations and supply chain relationships with key growth markets, including China, India, and Mexico.Despite these challenges, Walmart has performed strongly. The company has reported quarterly revenue growth for nearly a decade straight, and its shares hit a record high this week. The stock gained 21% in 2025, significantly outpacing the 1.3% rise in the S&P 500 Consumer Staples index. Walmart's shares were flat at $118.67 in morning trading on Friday.

Continue reading at Economic Times

3h

INDIA NEWS | Sat, 17 Jan 2026, 1:07AM IST Walmart announced a series of executive changes on Friday as John Furner prepares to take over as CEO of the world's largest retailer on February 1, replacing Doug McMillon.The moves aim to maintain the Bentonville, Arkansas-based retailer's growth momentum and bellwether position in the industry by promoting four longtime executives and expanding their responsibilities.David Guggina will become CEO of Walmart's largest division, Walmart U.S., replacing Furner in that role. Currently serving as chief e-commerce officer of Walmart U.S., Guggina has spent nearly eight years at the retailer in various positions, including executive vice president of supply chain operations. The U.S. CEO position is highly coveted, as Walmart typically promotes leaders from this division, which generates around two-thirds of its annual revenue, to the top corporate job.NICHOLAS TO LEAD WALMART INTERNATIONAL Walmart also promoted Chris Nicholas to CEO of its $100 billion Walmart International division, a day after announcing that current head Kathryn McLay would leave the company. Nicholas currently leads Sam's Club, where he will be replaced by the chief merchandising officer for Walmart U.S., Latriece Watkins.Additionally, Seth Dallaire, currently Walmart U.S. chief growth officer, will expand his responsibilities globally as chief growth officer of Walmart Inc, the company said in a statement.All leadership changes take effect on February 1."These leadership changes mark a key step in how we organize for the future. Even the best teams need the right structure to win," Furner said.According to a company filing, Furner's annual base salary is set at $1.5 million. He will receive a one-time stock award worth $10 million and be eligible for an annual equity award valued at approximately $17 million ?in fiscal 2027.The moves come at a critical time for Walmart as it navigates domestic inflation pressures and strains on lower-income U.S. households. President Donald Trump's volatile trade policies have weighed on the company's operations and supply chain relationships with key growth markets, including China, India, and Mexico.Despite these challenges, Walmart has performed strongly. The company has reported quarterly revenue growth for nearly a decade straight, and its shares hit a record high this week. The stock gained 21% in 2025, significantly outpacing the 1.3% rise in the S&P 500 Consumer Staples index. Walmart's shares were flat at $118.67 in morning trading on Friday.

Continue reading at Economic Times

3h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:48AM IST The National Company Law Tribunal has approved a major restructuring for Poonawalla Finance. This plan will split the company's lending and real estate businesses into separate entities. Poonawalla Finance will continue its lending operations. Its real estate assets will move to new companies, Rising Sun Holdings and Synergist Realtors. This move aims for sharper focus and better investor attraction.

Continue reading at Economic Times

3h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:48AM IST The National Company Law Tribunal has approved a major restructuring for Poonawalla Finance. This plan will split the company's lending and real estate businesses into separate entities. Poonawalla Finance will continue its lending operations. Its real estate assets will move to new companies, Rising Sun Holdings and Synergist Realtors. This move aims for sharper focus and better investor attraction.

Continue reading at Economic Times

3h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:46AM IST "Air India remains committed to expanding its global footprint, both by adding new aircraft to our own fleet and by forging stronger commercial partnerships, especially with our fellow Star Alliance member carriers," said Campbell Wilson, Air India's CEO and managing director.

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3h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:43AM IST DHL Supply Chain India has leased a large warehousing space in Chennai. This deal highlights strong demand for modern logistics facilities. The new facility is located in Polivakkam, Manavalanagar, near Thiruvallur. This area is a key warehousing hub for Chennai. Good road and port connectivity makes the region attractive for development. The lease begins from December 15, 2025.

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3h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:40AM IST The September quarter is typically the weakest for steel producers because of the impact of monsoon rains on both prices and demand, but steel prices have corrected further from these levels. Average prices of flat-rolled products fell 4-5% in October-December from a quarter ago, while those of long products were 1-2% lower.

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3h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:39AM IST Reliance Consumer Products has secured global rights for four international beauty brands. These include Brylcreem, Toni & Guy, Badedas, and Matey. The company plans to expand these brands globally, including in India. Reliance's FMCG business saw significant growth in sales during the October-December quarter. The company is also expanding its manufacturing network and allocating land for food parks.

Continue reading at Economic Times

3h

GLOBAL NEWS | Sat, 17 Jan 2026, 12:36AM IST Demand from centers that power artificial intelligence has driven up electricity bills, frustrating consumers.

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3h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:34AM IST Coca-Cola anticipates India becoming its third largest market globally. The beverage giant sees robust momentum driven by strong fundamentals. Government initiatives supporting infrastructure and economic digitization are positively impacting consumption. Coca-Cola is investing long-term in India, including through its bottling partners. The company is also exploring acquisitions to expand its beverage portfolio.

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3h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:29AM IST Jio Platforms has reported a strong profit increase for the December quarter. This growth is fueled by its expanding 5G network and home broadband connections. Jio AirFiber has achieved a major milestone, crossing 10 million subscribers. The company's overall subscriber base has surpassed 500 million, solidifying its position as a leading telecom operator in India.

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3h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:21AM IST If voted back to power, his party will decide on going back to the old schemedepending upon the situation, theAIADMKleader has said, adding that his party will make only feasible promises

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3h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:10AM IST Anuj Tyagi, CEO and MD of HDFC Ergo General Insurance, has resigned. He will depart in mid-April to pursue new ventures. Tyagi joined the company in 2008 and has been leading it since July 2024. The board is ensuring a smooth transition. Tyagi strengthened the company's foundation and expanded its reach. The board thanked him for his service.

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4h

INDIA BUSINESS | Sat, 17 Jan 2026, 12:08AM IST The steps to take must include strengthening the domestic levers of growth, policy certainty and sorting out structural bottlenecks

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4h

INDIA BUSINESS | Fri, 16 Jan 2026, 11:57PM IST Retail, oil & gas divisions remain laggards

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4h

INDIA BUSINESS | Fri, 16 Jan 2026, 11:56PM IST A dispute within the Oberoi Group, a prominent hospitality chain, has brought Tejaswi Dixit, the company secretary at EIH Associated Hotels, into the spotlight. The conflict centers on representation issues and involves PRS Oberoi's daughter, Natasha. Natasha Oberoi has reportedly requested that various matters, including representation by Dixit, be resolved through arbitration. She has made claims regarding Dixit's role, stating that Dixit, "a stranger," was given authority by Vikramajit Singh Oberoi, the Oberoi Group CEO and brother of Natasha, and Arjun Singh Oberoi, cousin and executive chairman.

Continue reading at Economic Times

4h
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