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According to an expert, the quality of Indian utility vehicles has improved, which is helping larger cars make a headway in the global markets.
Tata Sons board meeting on Thursday will address the RBI's public listing mandate and outgoing Chairman Natarajan Chandrasekaran's resignation. Friction with Tata Trusts Chairman Noel Tata over listing issues has led to tensions within the board.
A study of 474 Indian family-run companies finds patriarchs often retain operational control well past 60, leaving successors underprepared and creating risks for business continuity.
43-year-old Zhang Yiming founded ByteDance Ltd in 2012 in a four-bedroom Beijing apartment and developed the news aggregator Toutiao and the video sharing platform TikTok.
NIKE, Inc. appointed Alexandre Arnault, Deputy CEO of Mot Hennessy, to its Board of Directors. His experience in brand innovation and digital transformation is expected to enhance NIKE's consumer connections and support its growth strategy globally.
Boeing Co. expects some testing on the upcoming 777X model to spill into 2027, even as the US planemaker reiterated that deliveries of the long-delayed model are on track to begin next year.