Invest UP Showcases Investment Boom at UP Diwas in Lucknow
Invest UP highlighted Uttar Pradesh's investment momentum at UP Diwas, with Amit Shah launching initiatives and noting Rs45 lakh crore proposals and Rs82,000 crore IT exports.
Category : Corporate News
PSU Discoms Clear Dues Faster Than Private Utilities: Report
A government report reveals public sector discoms settle supplier payments in 112 days versus 133 days for private utilities, despite facing higher financial stress and struggling with cost recovery.
TCS Job Cuts Offset by Hiring at Infosys, Wipro, HCL, LTIMindtree
While TCS and Tech Mahindra report significant employee reductions, Infosys, Wipro, HCL Technologies, and LTIMindtree have added jobs in FY25-26. Infosys leads with 13,456 new hires, aiming for 20,000 freshers. Industry faces uncertainty from US client sp
Infosys Surveys Home Electricity Use for Sustainability
Infosys launches survey to measure employee household electricity consumption under hybrid work model, aiming to offset carbon footprint through enhanced clean energy initiatives.
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Musk Predicts $100T Valuation for Top Company in 10 Years
Tesla CEO Elon Musk speculates that the world's most valuable company could reach a $100 trillion market cap within the next decade, sparking debate among netizens about whether he refers to Tesla, SpaceX, or another firm.
US Expands Fannie Mae & Freddie Mac Mortgage Bond Buying Power
The Trump administration has quietly increased mortgage bond purchase limits for Fannie Mae and Freddie Mac to $225 billion each, aiming to lower home loan rates but raising concerns about financial risk and policy overreach.
IndiGo Gives Up 700+ Slots After DGCA Order
IndiGo has relinquished over 700 domestic airport slots following DGCA's 10% winter schedule reduction. The Ministry of Civil Aviation now invites other airlines to utilize these slots with strict operational readiness requirements.
TOI Budget Dialogues 2026: Decoding India's Economic Future
The Times of India hosts TOI Budget Dialogues 2026 in New Delhi on February 3, featuring expert panels on Budget implications, Viksit Bharat vision, and India@2047 goals.
UltraTech Cement Q3 Profit Up 27%, Beats Estimates
UltraTech Cement reported a 27% YoY rise in Q3 net profit to ₹1,725 crore, beating analyst estimates. Revenue grew 23% to ₹21,830 crore on strong cement demand from infrastructure projects.
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Citigroup March Layoffs Planned After January Job Cuts
Citigroup is reportedly preparing another round of layoffs in March 2024, following 1,000 job cuts in January. The restructuring is part of CEO Jane Fraser's turnaround strategy to reduce costs and boost profits.
Recorded Meetings Expose Toxic Leadership in Viral Workplace Story
A viral Reddit post reveals how recorded meetings intended to boost transparency instead destroyed trust when private conversations about employees were accidentally shared with the entire team.
UltraTech Cement Q3 Profit Jumps 27% to ₹1,729 Crore
UltraTech Cement reports a 27% year-on-year increase in Q3 FY26 net profit to ₹1,729.44 crore. Revenue grows to ₹21,829 crore with sales volume up 15% and capacity expansion on track.
GRT Jewellers Boosts Chennai Healthcare Access
GRT Jewellers has launched new healthcare initiatives in Chennai, including mobile clinics and health camps, to improve access to medical services for underserved communities.
IndiGo Vacates 700+ Slots After DGCA Schedule Reduction
IndiGo has vacated 717 airport slots at domestic airports including Delhi, Mumbai, and Bengaluru following a 10% winter schedule reduction ordered by DGCA after operational disruptions.
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Infosys Collects Home Power Data from WFH Staff
Infosys is gathering household electricity consumption data from work-from-home employees to offset emissions through clean energy initiatives as part of its 15-year sustainability program.
Sundar Pichai Sells $10.6M in Google Shares
Google CEO Sundar Pichai has sold 30,521 shares of Alphabet stock worth $10.6 million under a pre-planned trading arrangement, ahead of the company's Q4 earnings announcement.
Goldman Sachs CEO Pay Hits $47M in 2025, Beats JPMorgan
Goldman Sachs CEO David Solomon's compensation jumped 21% to $47 million for 2025, surpassing JPMorgan CEO Jamie Dimon's pay hike. The increase reflects record performance at the investment bank.
Exide Powers Kolkata Literary Meet with Ideas and Stories
Exide Industries sponsors the Kolkata Literary Meet, fostering intellectual exchange and storytelling through panel discussions and author interactions in the cultural capital.
Adani Seeks US Court Deferral in Bribery Case
Gautam Adani and nephew Sagar Adani request US court to postpone ruling as discussions with SEC continue. First legal submission made 14 months after case filing.
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Adani Enterprises Denies Legal Proceedings Involvement
Adani Enterprises clarified to stock exchanges it's not party to legal proceedings mentioned in media reports about SEC seeking summons for Gautam and Sagar Adani, following heavy selling pressure on group stocks.
Nvidia Director Drell Leaves Board with $26M in Shares
Nvidia Corporation director Persis Drell resigns to pursue new opportunities, departing with 143,000 shares worth $26 million after Nvidia's stock soared 22,000% since 2015.
Rahul Bajaj: Architect of India's Business Spine
Rahul Bajaj transformed Bajaj Auto into an Indian institution, championing middle-class mobility with the iconic Chetak scooter while challenging the Licence Raj with his forthright leadership.
Maharashtra CM Meets Coinbase VP at Davos WEF
Maharashtra CM Devendra Fadnavis met Coinbase VP Tom Duff Gordon at Davos WEF, discussing crypto tokenization for 4 billion unbanked. Coinbase CEO to visit India, while state plans a massive 1.5 GW data centre with AI park.
Budget's FRR 2.0 to Provide Debt Relief for MSMEs
The upcoming Union Budget may introduce FRR 2.0, a new framework offering extended repayment timelines, penalty waivers, and a digital platform to ease loan restructuring for MSMEs facing debt challenges.
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₹9,800 Crore Maritime Fund in Budget to Boost Shipping
The upcoming budget is set to allocate ₹9,800 crore as the government's contribution to the ₹25,000 crore Maritime Development Fund, aiming to lower capital costs and attract ₹1.5 trillion investment in shipyards and coastal infrastructure by 2030.
FRK Manufacturers Sue Punjab Over Supply Rule Changes
Fortified rice kernel manufacturers in Punjab have moved the high court against Pungrain's alleged arbitrary changes to supply rules, claiming violations of constitutional rights and disruption of operations.
Ludhiana Firm Defrauded of Rs 9 Crore Construction Material
A prominent construction company in Ludhiana has been defrauded of building materials valued at approximately Rs 9 crore in a sophisticated scam involving forged documents and fraudulent transactions.
Torrent Power Leads National Power Distribution Rankings
Torrent Power Limited has secured the top position among 65 power distribution companies in India, according to the latest government ratings. Its Ahmedabad and Surat units scored perfect 100/100 with A+ grade.
Mphasis CEO: Blackstone Stake Sale Reflects Natural PE Cycle
Mphasis CEO Nitin Rakesh clarifies that Blackstone's planned stake sale is a normal phase in the private equity investment lifecycle, not a sign of lost confidence in the IT company's performance.
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SC Issues Notices to Anil Ambani Group Over Fraud Allegations
The Supreme Court has issued notices to the Anil Ambani-led Reliance Group in a case involving allegations of financial fraud, marking a significant legal development in India's corporate sector.
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