Amazon layoffs spark chaos: Reddit post about terrified employee breaks the internet
Nov 01, 2025, at 04:45 pm
Amazon has announced it is planning to cut 14,000 corporate jobs globally, making employees of the e-commerce giant anxious about their future.
Vedanta Q2 profit drops 13% to ₹5,026 cr; posts record revenue and EBITDA, declares ₹16 dividend
Oct 31, 2025, at 10:08 pm
Kolkata: Vedanta Ltd on Friday reported a 59% year-on-year decline in consolidated net profit attributable to owners at ₹1,798 crore for the September quarter (Q2FY26), compared with ₹4,352 crore in the same period last year.
Maruti Suzuki Q2 profit up 7% to ₹3,293 cr; exports hit record high despite weak domestic sales
Oct 31, 2025, at 09:18 pm
Gurugram: Maruti Suzuki India Ltd, the country’s largest carmaker, on Friday reported a 7% year-on-year rise in consolidated net profit to ₹3,293 crore for the September quarter (Q2FY26), up from ₹3,069 crore in the same period last year.
Bank of Baroda Q2 profit dips 8% YoY to ₹4,809 cr; asset quality strengthens, retail loans up 18%
Oct 31, 2025, at 06:09 pm
Mumbai: Bank of Baroda (BoB) reported a year-on-year decline of 8.2% in its Q2FY26 net profit, which stood at ₹4,809 crore, compared to ₹5,238 crore in the same quarter last year.
India’s fiscal deficit widens to 36.5% in H1 FY26 as capex surges, revenue growth slows
Oct 31, 2025, at 05:41 pm
New Delhi: India’s fiscal deficit for the first half of FY26 rose to 36.5% of the annual target, higher than 29.4% recorded in the same period last year, according to government data released on October 31.
Dr Lal PathLabs reports 16% rise in Q2 profit, declares ₹7 interim dividend and 1:1 bonus issue
Oct 31, 2025, at 05:14 pm
Mumbai: Dr Lal PathLabs Limited reported consolidated revenue of ₹731 crore for the second quarter of FY2025–26, marking a 10.7% year-on-year increase, while profit after tax (PAT) rose 16.4% to Rs 152 crore with a net margin of 20.8%, the diagnostics major said in a statement on Thursday.
Lenskart IPO fully subscribed on Day 1
Oct 31, 2025, at 05:00 pm
Mumbai: India’s largest eyewear retailer, Lenskart Solutions, opened its ₹7,278 crore initial public offering (IPO) for public subscription on Friday, which was fully booked within hours.
Oct 31, 2025, at 04:40 pm
Mumbai/IBNS: BSE Sensex tumbled by 465.75 points while NIFTY settled at 25,722 as the market remained volatile throughout the final trading day of the week on Friday.
Oct 31, 2025, at 12:05 pm
Mumbai/IBNS: The weddings in India are set to generate Rs. 6.5 lakh crore business this year as estimated by the Confederation of All India Traders (CAIT), media reports said.
Stock market: Sensex, NIFTY open slow; Lenskart IPO unveiled for subscription
Oct 31, 2025, at 11:08 am
Mumbai/IBNS: Sensex and NIFTY opened slower at the opening bell of the Indian stock market on the last day of weekly trading on Friday.
Reliance and Google forge strategic partnership to drive AI adoption across India
Oct 30, 2025, at 10:48 pm
Mumbai: Reliance Industries Limited (RIL), through Reliance Intelligence Limited, and Google on Thursday announced a wide-ranging strategic partnership to accelerate Artificial Intelligence (AI) adoption across India, supporting Reliance’s AI for All vision.
Piyush Goyal clarifies startup remarks, says intent was to spur deep tech innovation in India
Oct 29, 2025, at 11:11 pm
Delhi: Union Commerce and Industry Minister Piyush Goyal, speaking at the TiEcon Delhi-NCR 2025 conference on Wednesday, revisited the controversy surrounding his earlier comments on Indian start-ups.
OpenAI begins hiring in Bengaluru, deepens focus on India’s AI and startup ecosystem
Oct 29, 2025, at 10:32 pm
Bengaluru: In a significant move to strengthen its foothold in India’s rapidly expanding AI and startup ecosystem, OpenAI has started hiring for a Solutions Architect, Startups role in Bengaluru — marking the company’s first such position in the country.
Honda names India among top three global markets, plans three new SUVs by FY27
Oct 29, 2025, at 10:23 pm
Tokyo: Japanese auto major Honda is reassessing its global strategy and has identified India as one of its three key markets for future growth, together with the United States and Japan.
Chipmaker Nvidia becomes first $5 trillion company as AI boom fuels record surge
Oct 29, 2025, at 09:07 pm
Nvidia has become the world’s first company to hit a $5 trillion market valuation, achieving the milestone barely three months after it crossed the $4 trillion mark.
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.