Gartner Says AI’s Productivity Impact Uneven Often Falls Short Of Expectations
Gartner has advised CFOs to reset assumptions about AI’s ability to improve workforce productivity and reduce headcount.
EU Parliament Approves Eased CO₂ Emission Rules For Carmakers
European automakers will now be able to average their CO₂ emissions across the period 2025–2027 rather than being assessed only in 2025, following a vote by the European Parliament.
Google Agrees To USD 1.375 Billion Settlement With Texas Over Privacy Lawsuit
Google will pay USD 1.375 billion to settle lawsuits filed by the state of Texas over allegations it violated users’ data privacy, Texas Attorney General Ken Paxton said.
OpenAI Appoints Fidji Simo As CEO Of Applications
OpenAI has appointed Fidji Simo, the current CEO of Instacart, as its new CEO of Applications.
Kohl’s Faces More Uncertainty As Board Member Steps Down
A member of Kohl’s Board has resigned because of disagreements about how the company is being managed.
Ajoy Chawla To Succeed C.K. Venkataraman As MD Of Titan Company; Shalini Kapoor Joins As Independent Director
Titan Company Limited approved the succession plan under which C.K. Venkataraman will retire as Managing Director (MD) effective December 31, 2025, and Ajoy Chawla, currently CEO of the Jewellery Division, will take over the role effective January 1, 2026.
Andhra Paper Reappoints Papia Sengupta As Independent Director
Papia Sengupta has been reappointed as an Independent Director of Andhra Paper Limited, effective September 1, 2025, subject to the approval of the shareholders of the company.
Harish Narinder Salve Reappointed As Independent Director Of Escorts Kubota
Harish Narinder Salve has been reappointed as an Independent Director of Escorts Kubota Limited with effect from July 16, 2025.
T.N. Manoharan Reappointed As Part-Time Chairman Of IDBI Bank
T.N. Manoharan has been reappointed as Part-Time Chairman of IDBI Bank Limited with effect from May 9, 2025.
Arun Kumar Purwar To Retire As Chairperson & Non-Executive Director Of IIFL Finance
Arun Kumar Purwar, Chairperson & Non-Executive Director of IIFL Finance Limited to retire by rotation at the ensuing AGM of the company for the financial year ended March 31, 2025.