WhatsApp to appoint India head by year-end; Tatas removed Cyrus Mistry unconstitutionally, says RTI response from RoC Mumbai; LPG price hiked by Rs 2.94 per cylinder; India jumps 23 places in global ease of doing business rankings; Apple India sees 140% jump in net profit to Rs 896 crore in FY18. Watch more in this episode of Business Wrap.

WhatsApp to appoint India head by year-endUnder pressure to curb sinister and fake messages, WhatsApp said Wednesday it will appoint head of India operations by the year-end.\"Our new Head of WhatsApp India, who will be named by the end of the year, will build a local team that can serve our customers in India as well as work with partners and government leaders to help keep people safe,\" WhatsApp spokesperson said in a statement. WhatsApp Vice President Chris Daniels met IT Minister Ravi Sh...

The reply said the way Mistry was removed from the chairmanship of Tats Sons and also as the director of Tata Consultancy Services (TCS), violated the relevant legal provisions under the Companies Act, 2013

As the wave of #MeToo transcends over India Inc., companies will have to get their act together to provide a safe and secure work environment to all employees.

Over 100 crore was diverted by Amrapali firm; company has played a 'big fraud', says SC; Trump picks Indian-American Neil Chatterjee as chairman of key federal energy agency; IndiGo swings into red; posts Rs 652 cr loss on mounting expenses, intense competition; India to become world's 3rd largest aviation market around 2024: IATA. Watch more in this episode of Business Wrap.

Over 100 cr was diverted by Amrapali firm; company has played a 'big fraud', says SCThe Supreme Court said Wednesday that embattled realtor Amrapali Group of companies has played a \"big fraud\" by diverting money collected from home buyers to other firms and the \"big racket\" behind this has to be unearthed. A bench was told by the forensic auditors that from the documents of the group, it appeared that over Rs 100 crore was diverted to a company called GauriSuta Infrastructures Pvt Ltd, by...

Under his new venture Mistry Ventures LLP, which he started with his elder brother Shapoor, Cyrus Mistry will provide strategic insights and advice to businesses, incubate new ventures and provide seed, early stage and growth capital to start-ups.

The billionaire brothers Cyrus and Shapoor Mistry have announced formation of Mistry Ventures LLP to incubate and fund the startup ecosystem.

Chandrasekaran was appointed as the Tata Sons Chairman in February 2017 after his 11-month stint as the MD of its tech conglomerate, Tata Consultancy Services, where he used to rake in around Rs 31.15 crore.

Suhel Seth is also a managing partner of consultancy firm Counselage India. Apart from Tata Group, Suhel Seth has also been a consultant with multinational beverage maker Coca-Cola.

The chief's office had been lying vacant since Amar Abrol resigned from the position in May citing personal reasons, and reportedly moved back to the airline's headquarters in Malaysia to work on other projects.

The net worth of the chairman of Reliance Industries stood at Rs 3,71,000 crore as on July 31, 2018.

The National Company Law Appellate Tribunal (NCLAT) said that pending the litigation here, the Cyrus Mistry camp which was seeking a status quo over it cannot be \"forced to sell shares\".