General Awareness

BUSINESS AND ECONOMY - January 2019

Jan 2019

Feb 25, 2026

Slice Small Finance Bank appoints Rajan Bajaj as MD & CEO

Slice Small Finance Bank appointed its founder Rajan Bajaj as managing director and chief executive officer. The appointment, approved by the bank’s board, shareholders, and the Reserve Bank of India, reflects confidence in Bajaj’s digital-first leadership. Bajaj, IIT Kharagpur alumnus, founded Slice in 2016 as a Bengaluru fintech offering innovative credit and payment solutions for young and underserved customers. After a 2024 merger with North East Small Finance Bank, Slice became a fully regulated small finance bank. Bajaj succeeds Satish Kumar Kalra, with plans to expand credit access and digital banking services across the customer base.

Rajan Bajaj appointed MD & CEO of Slice SFB.
Approval from RBI, board, and shareholders.
Founder of Slice since 2016; fintech focus on underserved customers.
2024 merger with North East Small Finance Bank completed.
Aims to expand digital lending and payments.

Feb 23, 2026

Annu Gupta Named CEO – International Business at Haldiram’s

Annu Gupta has been appointed Chief Executive Officer – International Business at Haldiram Snacks Food Pvt. Ltd. He succeeds after a 13-year stint at Britannia Industries, where he most recently served as CEO – International Business. Gupta announced on LinkedIn his excitement to take on the new role. With nearly three decades in FMCG, he brings expertise in scaling international businesses, especially across the Middle East and Africa. The appointment signals Haldiram’s focus on expanding global markets and strengthening its international brand presence in a competitive sector.

Annu Gupta appointed CEO – International Business at Haldiram’s.
Previously 13 years at Britannia as CEO – International Business.
Nearly three decades in the FMCG sector.
Focus on expanding global markets, particularly in the Middle East and Africa.
Announcement shared on LinkedIn.

Feb 22, 2026

Asha Sharma Appointed CEO of Microsoft Gaming and Xbox Head

Microsoft named Asha Sharma as the new Chief Executive Officer of Microsoft Gaming and head of Xbox in a 2026 leadership transition. Sharma, of Indian origin, replaces Phil Spencer, who is retiring after leading the division since 2014. The appointment signals a shift for the company as it balances console gaming with artificial intelligence innovation. Sharma is expected to steer product strategy, developer relations, and partnerships across Xbox and related services, while Microsoft pursues growth in cloud gaming and cross‑device experiences. The move marks a milestone for Indian-origin executives in global tech leadership roles.

Asha Sharma named CEO of Microsoft Gaming and head of Xbox
Replaces Phil Spencer, retiring after 2014 leadership
Indicates strategic shift toward console gaming and AI
Role includes product strategy, partnerships, developer relations
Milestone for Indian-origin executives in tech

Feb 21, 2026

Amazon surpasses Walmart in 2025 revenue, becoming the largest company by annual revenue in 2026

Amazon has reportedly surpassed Walmart to become the world’s largest company by annual revenue for 2025. Amazon reported 717 billion dollars in sales for fiscal year 2025, edging past Walmart’s 713.2 billion dollars for the 12 months ending 31 January 2026. The milestone underscores Amazon’s expansion beyond retail into cloud computing and AI-driven infrastructure, reshaping the global corporate landscape. Analysts note that the shift reflects evolving business models, logistics networks, and data-driven strategies that broaden Amazon’s revenue base beyond traditional retail activities.

Amazon reports 717 billion USD in 2025 revenue
Walmart reports 713.2 billion USD for year ending 31 Jan 2026
Amazon overtakes Walmart as largest company by revenue
Growth driven by cloud, AI and infrastructure services
Significant implications for global retail and tech sectors
Marks a major shift in corporate rankings

Feb 19, 2026

Top-5 richest cities in India by GDP 2026

An analysis of gross domestic product places Mumbai, Delhi, Kolkata, Bengaluru and Chennai among the five richest Indian cities by GDP for 2026. The piece discusses how these cities have developed diversified economies—finance and services in Mumbai and Delhi; manufacturing and IT in Bengaluru, Chennai and Kolkata—driving job creation, tax incomes, and infrastructure investment. It notes continued urban growth and the need for sound urban planning to manage congested transport, housing affordability, and resource demand while sustaining growth. The ranking highlights economic disparities and growth potential across major Indian metros in 2026. The analysis underscores investment opportunities in fintech, logistics, and smart city initiatives.

Mumbai, Delhi, Kolkata, Bengaluru, Chennai top GDP 2026.
Economies span finance, services, manufacturing, IT.
Urban planning and housing affordability challenges noted.
Growth opportunities in fintech, logistics, smart cities.
Shows widening disparities among major metros.

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