Omnicom Cuts 4,000 Jobs, Merges Agencies After IPG Deal
Omnicom announces over 4,000 layoffs and major agency mergers following its $13 billion acquisition of rival IPG. CEO says savings will exceed $750 million. Read the full story.
Category : Corporate News
Mehli Mistry quits Tata's pet hospital board after trustee term ends
Businessman Mehli Mistry resigns from Tata's Small Animal Hospital Trust board, citing end of his Tata Trusts association. Another trustee also steps down. Explore the implications.
Ramkumar Sankarapandian Makes Major Entry into India's Textile Sector
Business leader Ramkumar Sankarapandian acquires two textile units in Surat, marking a strategic entry into India's textile sector. This major move signals new investment and growth for the industry. Read more.
Starbucks settles $35M with NYC workers over scheduling
Starbucks agrees to a $35 million payout to over 15,000 New York City workers for unfair scheduling practices. The settlement adds fuel to the ongoing union-led strike demanding stable hours and better staffing. Read the full story.
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Kerala HC Orders Byju's RP, GLAS, EY India Heads to Appear
Kerala High Court directs Byju's RP, GLAS representative & EY India Chairman to appear personally in contempt case over alleged asset transfer. Key hearing set for July 17.
Jio Adds 4.2M Users, Keeps Broadband Crown: Brokerage Report
Reliance Jio reports robust subscriber growth of 4.2 million in February, solidifying its lead in wireless and fiber broadband markets, according to leading brokerages.
Netflix, Paramount, Comcast Bid Again for Warner Discovery
Netflix leads a cash-heavy second bid for Warner Bros. Discovery, facing rivals Paramount and Comcast. The deal faces regulatory scrutiny and could reshape global streaming. Read the full details.
iRobot's $191M Debt Sold to Supplier Amid Bankruptcy Risk
Carlyle Group sells troubled iRobot loan to Chinese supplier Santrum. The Roomba maker warns of potential bankruptcy without new capital. Read the full analysis.
SWR Loco Staff Begin 48-Hour Hunger Strike Over Demands
South Western Railway loco staff launch a 48-hour hunger strike, protesting long hours, inadequate rest, and safety neglect. Over 600 to protest in Bengaluru & Hubballi. Details inside.
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EPS-95 Retirees Seek PM Modi's Help for Higher Pensions
EPS-95 retirees urge PM Modi to intervene for higher pensions, accusing EPFO of non-implementation since 2004 despite court orders. Read their plea for justice.
Nashik's Rs 200 Cr Bond Listing for Godavari, Kumbh Projects
Nashik Municipal Corporation lists Rs 200 crore 'Clean Godavari Bonds' on NSE to fund key infrastructure, including sewerage and Ram Jhula, ahead of the 2027 Kumbh Mela. Read more.
EPFO Lucknow: 4 Lakh Claims Settled, ₹1,013 Cr Disbursed
EPFO Lucknow achieves record settlement of 4 lakh claims. New amnesty scheme offers employers a final chance for EPF enrolment with waived employee dues. Details inside.
Starbucks pays $38.9M to NYC workers for schedule issues
Starbucks settles with New York City for $38.9 million over Fair Workweek law violations, impacting 15,000+ workers. The company agrees to future compliance and reinstatement offers.
India PE-VC investments reach $29.7 billion in 2025
India's Private Equity and Venture Capital inflows hit $29.7 billion in CY2025, driven by mega deals in AI and education. TCS secured a $1-billion AI data centre investment. Explore the key sectors and trends.
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Amazon to Open 2 Dark Stores Daily, Target 300+ by Year-End
Amazon India accelerates its quick commerce battle, planning over 300 dark stores by December 2025. The focus is on deepening reach in key metros like Bengaluru, Delhi, and Mumbai.
CARE reaffirms Tata Chemicals' AA+ rating with stable outlook
CARE Ratings reaffirms Tata Chemicals' credit ratings, citing robust business model & Tata Group backing. Despite soda ash market challenges, TCL shows financial resilience. Read more.
NCLT upholds IL&FS right to revise TIFC sale price
NCLT Mumbai validates IL&FS's move to raise TIFC sale price to ₹1,481 crore from Brookfield's ₹1,080 crore bid. Read the full legal and financial implications.
Elon Musk's 100-Hour Work Week: Success or Burnout?
Elon Musk champions 80-100 hour work weeks for world-changing results. We explore the inspiration and mental health risks of this extreme work ethic. Find your balance.
Aakash Rights Issue Stalled Over Byju's FEMA Compliance Issue
Aakash Educational Services halts ₹25 crore from Byju's parent in its crucial ₹250-crore rights issue over FEMA, ECB violations. The dispute threatens the fundraise amid leadership churn and insolvency battles. Read the full analysis.
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HUL Appoints Vandana Suri as Home Care Executive Director
Hindustan Unilever appoints Vandana Suri as Executive Director for Home Care, effective 1 January 2026. She succeeds Srinandan Sundaram. Read the full story for details.
2 Lakh+ Private Firms Closed in India in 5 Years
Government data reveals 2,04,268 private companies closed in India from 2020-21 to 2024-25. No employee rehabilitation plan exists. Read the full report on the corporate clean-up drive.
Actionable Insights for Neurodiversity in the Workplace
Learn how to design sensory-friendly workplaces for neurodiverse employees. Discover actionable strategies for lighting, sound, and layout to boost inclusion and productivity.
Apple challenges India's antitrust penalty calculation law
Apple is attempting to stall an antitrust case in India by legally challenging the law that lets regulators use global turnover to calculate fines. Read the latest developments.
Manufacturing PMI Falls to 56.6, a 9-Month Low
India's manufacturing sector growth moderated in November as the HSBC PMI hit 56.6, the slowest pace since February. Discover the key drivers behind the cooling activity.
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Altice Bonds Plunge After Asset Move from Creditors
Altice International's bonds plummeted after it moved key assets out of creditors' reach. Analysts warn creditors hold a weak position. Read the full analysis.
LPG price cut for hospitality, ATF hike hits airlines
State oil firms slash commercial LPG cylinder price by Rs 10, offering relief to hotels & restaurants. However, ATF prices rise 5.4%, increasing airline operating costs. Details inside.
Bajaj Auto Q4 Profit Up 29%, Declares Dividend
Bajaj Auto reports a robust 29% rise in Q4 net profit to Rs 1,936 crore, driven by strong domestic and export sales. The board declares a dividend of Rs 80 per share. Read the full analysis.
India's IT Sector Growth Trails Global Clients Amid AI Shift
Revenue growth for India's top 5 IT firms lags behind global clients since 2023. Experts cite AI, automation, and changing spending patterns as key factors. Read the full analysis.
Mistry, Kohli quit Small Animal Hospital Trust board
Mehli Mistry, ex-Tata Trusts trustee, resigns from Ratan Tata's cherished Small Animal Hospital, citing inability to seek funds. A second trustee follows suit, highlighting post-Ratan Tata era shifts.
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ChrysCapital's $2.2 bn fund signals new risk appetite
ChrysCapital raises a record $2.2 billion fund, signaling a shift towards riskier bets and a renewed focus on India's manufacturing sector. Discover the firm's new strategy.
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