Global logistics giant UPS announces massive workforce reduction of 12,000 employees as part of sweeping restructuring measures to counter declining revenue and falling share prices. The strategic move aims to streamline operations and boost profitability
Indian aviation sector heads for turbulent times with projected massive losses in FY26 as ATF prices surge and passenger growth slows, putting airline margins under severe pressure.
Global delivery titan UPS has eliminated 34,000 positions in just nine months as part of an aggressive turnaround strategy. Discover how this workforce reduction is reshaping one of world's largest logistics companies.
Vodafone Idea plans strategic stake sale in Indus Towers to fund African telecom venture, marking major international expansion while addressing domestic challenges.
Union Minister Hardeep Singh Puri assures uninterrupted crude oil flow despite global disruptions. India's refining capacity soars to 275 MMTPA, with ethanol blending hitting 12% target ahead of schedule.
Reliance Jio continues its telecom dominance, adding maximum subscribers and crossing 50 crore user milestone as Vodafone-Idea faces significant customer exodus, latest TRAI data reveals.
Major US candy distributor Candy Warehouse collapses into Chapter 11 bankruptcy just before crucial Halloween season, citing dramatic sales decline and economic pressures.
Exclusive research exposes how smartphone addiction during meetings is costing companies billions and driving leadership to breaking point. Discover the silent productivity killer in corporate India.
FICCI outlines critical tax and customs reforms for Union Budget 2026-27, seeking GST rationalization, reduced corporate taxes, and simplified customs procedures to boost Indian industry competitiveness.
In a significant corporate development, Mehli Mistry, longtime associate of Ratan Tata, has been voted off Tata Sons board as philanthropic entities exit business trusteeship.
Amazon announces one of its biggest workforce reductions, cutting 14,000 corporate roles in response to pandemic-era overexpansion and economic pressures. Find out which departments are affected and why.
Internal rift at Tata Trusts escalates as Noel Tata and two other trustees oppose Mehli Mistry's continuation, signaling major governance challenges within India's premier philanthropic organization.
Mehli Mistry, son-in-law of Pallonji Mistry, has been removed from Tata Trusts in a significant governance overhaul. Explore the implications for India's largest business conglomerate.
Exclusive: Tata Sons faces internal turmoil as Noel Tata-led trustees oppose Mehli Mistry's reappointment to Tata Trusts, revealing deepening corporate governance rift within India's largest conglomerate.
Amazon prepares for one of its largest corporate layoffs ever, with up to 30,000 employees facing job cuts as part of a major cost-cutting initiative beginning October 29, 2025.
Amazon announces its largest workforce reduction since 2022, cutting up to 30,000 positions across multiple divisions including AWS and Alexa teams. The tech giant's restructuring signals major shifts in corporate strategy.
Amazon announces largest workforce reduction since 2022, cutting up to 30,000 positions across multiple departments starting this week in major cost-cutting move.
Amazon announces sweeping layoffs affecting 30,000 corporate positions as CEO Andy Jassy tackles 'excess bureaucracy' and streamlines operations in major cost-cutting move.
US media giant Paramount Global initiates major restructuring with 1,000 job cuts amid potential Skydance merger. Get exclusive details on the layoff strategy and what's next for the entertainment industry.
In a significant development, the Supreme Court has directed the Centre to reconsider Vodafone Idea's AGR dues, providing crucial breathing space to the struggling telecom giant. Get the complete breakdown of this game-changing verdict.
Paramount Global initiates first wave of layoffs, cutting 1,000 positions amid streaming wars and economic pressures. Exclusive details on the restructuring plan.
Amazon plans its largest job cuts since 2022, potentially affecting 30,000+ corporate positions across various departments as part of major cost-cutting measures.
Amazon announces massive workforce reduction targeting corporate roles as pandemic-era overexpansion meets economic pressures. Up to 30,000 positions at risk in strategic cost-cutting move.
Amazon is reportedly planning significant corporate job cuts affecting up to 30,000 employees across various divisions, marking one of the largest workforce reductions in tech history.
Chennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.
Sanofi India announces Deepak Arora as its new Managing Director, bringing extensive pharmaceutical experience to drive growth and innovation in the Indian healthcare market.
IndianOil Corporation reports stellar Q2 performance with net profit skyrocketing to ₹12,967 crore, driven by robust refining margins and strategic operations.
India Ratings maintains Birla Corporation's stable credit outlook, citing robust debt management and impressive capacity utilization as key strengths in cement sector growth.
Adani Energy Solutions reports stellar Q2 results with 43% profit surge, commissions 3 major projects, and sets ambitious target of 1 crore smart meters across India.
In a landmark decision, India's Supreme Court permits Centre to reassess Vodafone Idea's AGR liabilities, offering crucial financial breathing space to the struggling telecom giant.