Peloton Lays Off 11% Staff, Engineering Teams Impacted

Peloton Interactive Inc. has reduced its workforce by 11% in a cost-cutting initiative, primarily affecting engineering teams. The move aims to save $100 million amid sluggish sales of new AI-powered equipment.

MP Industries Seek Budget Boost: GST Ease & Tech Push

Industries and MSMEs in Madhya Pradesh have high expectations from the upcoming Union Budget, demanding faster scheme access, simplified GST compliance, and targeted support for manufacturing and exports.

ET NOW's Wall-to-Wall Budget Coverage with Expert Insights

Business channel ET NOW will provide extensive budget coverage starting at 7am, featuring real-time analysis, expert perspectives from Swaminathan Aiyar and Radhika Gupta, and special programs on personal finance impacts.

CEA: China-Plus-One Relevant, India's Competitiveness to Grow

Chief Economic Adviser V. Anantha Nageswaran states the China-plus-one framework remains crucial for global businesses despite high US tariffs on Indian exports. He emphasizes reforms will boost India's manufacturing competitiveness over time.

Sebi Approves NSE IPO After Decade-Long Wait

The National Stock Exchange has secured Sebi approval for its IPO, ending a nearly decade-long wait. The offer for sale will see existing shareholders dilute stakes while the exchange receives no funds.

PE Firms Pursue RedTape in ₹5,000 Crore Footwear Deal

Global private equity firms Apax Funds and Advent International are in talks to acquire a majority stake in Indian footwear maker RedTape, valuing the company at ₹4,500-5,000 crore. The deal highlights growing investor interest in India's expanding footwe

Cotton Price Hits ₹59,000 in Coimbatore as Import Duty Returns

Cotton prices in Coimbatore have surged to ₹58,000-59,000 per candy, up from ₹56,000 in mid-January, following the expiry of the import duty waiver. This price hike is severely impacting Tamil Nadu's spinning mills, which account for 46% of India's total.

SKM Slams India-EU FTA as 'Economic Colonisation'

Sanyukt Kisan Morcha criticizes the India-EU Free Trade Agreement 2026, calling it a blueprint for economic colonisation that threatens agriculture, industry, and employment in India.

Budget 2024: Agriculture Sector Eyes Revival with Reforms

India's agriculture sector, facing multiple crises, anticipates significant revival measures in the upcoming Union Budget 2024. Key expectations include enhanced credit access, MSP reforms, and infrastructure investments.

Rosatom Offers Nuclear Solutions for India at Energy Week

Russian nuclear giant Rosatom presented comprehensive proposals for large power units, small modular reactors, and floating power units at India Energy Week in Goa, highlighting strategic partnership opportunities.

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