L&T Q2FY26 net profit up 16% to ₹3,926.09 cr, revenue at ₹67,983.53 cr
Oct 29, 2025, at 08:10 pm
Mumbai: L&T reported a 15.63% rise in its consolidated net profit for the September quarter, compared to the year-ago period, to ₹3,926.09 crore, riding on increased revenue that soared 10.4% year-on-year to ₹67,983.53 crore, according to a stock exchange filing on Wednesday.
Tata Advanced Systems, Safran set up LEAP engine parts facility near Hyderabad
Oct 29, 2025, at 06:07 pm
Hyderabad: Tata Advanced Systems Limited (TASL), in collaboration with Safran Aircraft Engines, on Tuesday inaugurated a cutting-edge facility for manufacturing rotating parts of LEAP engines at Adibatla, near Hyderabad.
Anil Ambani withdraws plea in Rs 750 crore IDBI Bank fraud case linked to RCom loan
Oct 29, 2025, at 05:55 pm
Reliance Group Chairman Anil Ambani has withdrawn a petition seeking relief in a fraud case filed by IDBI Bank in connection with a loan granted Rs 750 crore granted to Reliance Communications Ltd (RCom).
Amazon informs some employees about layoffs even before they reach office
Oct 29, 2025, at 03:30 pm
Thousands of Amazon employees woke up to a text received on their mobile phones, notifying them that they had been removed from their jobs.
Oct 29, 2025, at 12:43 am
New Delhi: After clearing seven projects worth ₹5,532 crore under the electronics component manufacturing scheme, Union Electronics and IT Minister Ashwini Vaishnaw said India’s next focus will be on designing and manufacturing the equipment and materials used in electronics production—a move aimed at building a fully integrated ecosystem.
Festive cheer, GST cuts push credit card spends to record ₹2.17 trillion in September
Oct 28, 2025, at 11:32 pm
Credit card spends in India soared to an all-time high of ₹2.17 trillion in September 2025, fuelled by festive season demand and a surge in discretionary consumption following GST rate cuts, according to the latest data.
NITI Aayog report warns India’s services sector risk becoming a ‘low-wage job trap’
Oct 28, 2025, at 11:07 pm
New Delhi: India's services sector remains overwhelmingly informal, with the majority of workers lacking access to job security or social protection, according to two reports under the Services Thematic Series, released by NITI Aayog CEO B.V.R. Subrahmanyam on Monday.
Elon Musk may exit Tesla if shareholders reject $1trillion pay package
Oct 28, 2025, at 09:52 pm
Tesla chair Robyn Denholm has cautioned that Elon Musk may step down as CEO if shareholders reject his proposed $1 trillion pay package, media reports said.
Oct 28, 2025, at 08:12 pm
Mumbai: It's final—Mehli Mistry will exit the boards of the Sir Dorabji Tata Trust and Sir Ratan Tata Trust—after three out of six trustees voted against his reappointment, media reports said.
Amid AI-led efficiencies, Amazon finally makes layoff announcement, the biggest in its history
Oct 28, 2025, at 05:53 pm
E-commerce giant Amazon has announced that it will trim its corporate workforce by laying off 14,000 jobs, according to a blog post shared by Beth Galetti, the company’s senior vice president of people experience and technology.
Oct 28, 2025, at 05:19 pm
The Indian Cabinet on Tuesday approved the Terms of Reference of 8th Central Pay Commission.
Amazon is preparing for largest high-profile layoffs since 2022: Reports
Oct 28, 2025, at 09:34 am
Amazon is preparing for its largest layoffs, mostly in corporate roles, according to media reports.
Exclusive Housing Loan Benefits for Government Employees – Lower Rates & Faster Approval
Oct 27, 2025, at 07:14 pm
If you draw a government salary, lenders see you as a steady, low-risk borrower. That translates into better pricing, simpler paperwork, and quick decisions. A home loan for government employees is designed around this reality: predictable income, defined retirement benefits, and a long service record. You can use these advantages to reduce your EMI, increase your loan amount, and move faster from shortlisting a property to getting the keys.
India business sentiments 'moderated' in Q2 amid US tariffs, global uncertainties: NCAER survey
Oct 27, 2025, at 06:44 pm
A recent survey conducted by Delhi-based think tank National Council of Applied Economic Research (NCAER) showed India's business sentiments moderated in the September quarter (Q2) of the current financial year (FY26) compared to the first quarter.
‘Very bullish on India’: Airbus Chairman Rene Obermann calls India long-term strategic partner
Oct 26, 2025, at 08:22 pm
Airbus Chairman Rene Obermann has lauded India’s engineering prowess, quality and entrepreneurial ambition, and described India as a strategic, long-term partner for Airbus and a vital support in the firm's global supply chain.
Not LIC, but US life insurers lead major investments in Adani Group firms: Report
Oct 26, 2025, at 07:25 pm
Mumbai: Amid the Washington Post’s claim that the Indian government facilitated an investment of around $3.9 billion from the state-run insurer into Adani Group firms in May, recent data reveal that a large chunk of the investments into Adani Group companies came from major US and global insurers.
TP-Link India to build largest global factory in India, likely to invest Rs 100 crore
Oct 26, 2025, at 03:59 pm
TP-Link India, a global provider of networking hardware and accessories, plans to establish its largest factory in India to expand local manufacturing, according to company officials.
LIC trashes Washington Post report alleging govt role in Adani investments
Oct 26, 2025, at 12:23 am
Mumbai: Life Insurance Corporation of India (LIC) on Saturday refuted The Washington Post report claiming that Indian officials had devised a plan in May to channel around $3.9 billion from the state-run insurer into Adani Group firms.
Reliance rushes battery component shipments from China ahead of new export curbs
Oct 25, 2025, at 12:28 am
Mumbai: Billionaire Mukesh Ambani’s Reliance Industries Ltd (RIL) is expediting the shipment of battery components from China before Beijing’s new export restrictions come into effect, Reuters reported, citing sources.
Reliance to adapt refinery operations amid fresh US, UK, EU sanctions on Russian oil
Oct 24, 2025, at 11:00 pm
Mumbai: Reliance Industries Ltd (RIL) on Friday said it will modify its refinery operations to comply with the latest sanctions imposed by the United States, the United Kingdom, and the European Union on imports of Russian oil.
Indian-origin startup offers jobs to laid-off Meta staff, salary up to ₹5.2 cr
Oct 24, 2025, at 09:28 pm
After Meta announced plans to lay off 600 employees from its AI division, Indian-origin entrepreneur Sudarshan Kamath has stepped in to offer opportunities to affected workers.
Oct 24, 2025, at 02:33 pm
Is Corporate Social Responsibility in India driving real change—or quietly breeding corruption behind a wall of glossy impact reports?
Meta to cut 600 AI jobs after $27 bn financing deal
Oct 22, 2025, at 10:38 pm
Meta Platforms is sharpening its focus on artificial intelligence with plans to lay off around 600 employees across key AI units, as part of a broader restructuring of its Superintelligence Labs.
Infosys delivers over 2,500 Gen AI projects, sees strong client adoption beyond pilot phase
Oct 22, 2025, at 09:46 pm
Bengaluru: Information technology giant Infosys has completed more than 2,500 Generative AI (Gen AI) projects and over 200 Agentic AI initiatives for global clients, marking a major milestone in enterprise-scale AI deployment.
IPO bound Meesho in arbitration with Amazon Web Services over ₹127 cr cloud service dues
Oct 22, 2025, at 09:03 pm
Mumbai: E-commerce unicorn Meesho is locked in a legal dispute with Amazon Web Services (AWS) India, one of its major technology vendors, over alleged non-payment of cloud service dues.
Amazon eyes major automation push, plans to replace over 500,000 jobs with robots: Report
Oct 22, 2025, at 07:03 pm
New York: America’s second-largest employer, Amazon is set to replace over 500,000 jobs with robots as the company readies for its next major transformation.
Piyush Goyal to visit Berlin for high-level trade talks with Germany
Oct 22, 2025, at 05:54 pm
New Delhi: Union Commerce and Industry Minister Piyush Goyal will embark on an official visit to Berlin, Germany, on October 23 for a series of high-level engagements aimed at deepening economic and business cooperation between the two countries.
Walmart halts H-1B job offers after Trump administration imposes $100,000 visa fee
Oct 22, 2025, at 05:21 pm
Walmart Inc. has temporarily stopped extending job offers to candidates requiring H-1B work visas, Bloomberg reported, citing people familiar with the development.
Satya Nadella’s pay soars to $96.5 million as Microsoft credits AI leadership for record year
Oct 22, 2025, at 04:46 pm
Microsoft Chief Executive Officer Satya Nadella’s compensation surged to $96.5 million for the 2024–2025 financial year — his highest since taking charge more than a decade ago.
Gucci owner Kering sells beauty arm to L'Oreal in €4-billion deal to cut debt
Oct 22, 2025, at 12:22 am
Paris: Gucci-owner Kering has sold its beauty business to French beauty giant L'Oreal in a 4-billion-euro deal, media reports said.