India's Skilling Crisis: PMKVY Failing Employment Test
An analysis reveals how flawed priorities in India's skilling initiatives like PMKVY are leading to poor employment outcomes, calling for demand-driven approaches tied to job creation.
Category : Corporate News
Hester Biosciences Q3 PAT Jumps 140% to Rs 10.67 Crore
Ahmedabad-based Hester Biosciences reports a 140% YoY surge in Q3 FY26 standalone PAT to Rs 10.67 crore, driven by margin expansion and operational efficiency. Revenue grew 12% to Rs 70.35 crore.
Arvind Ltd Q3 Profit Up 17% to Rs 125 Cr, Revenue at Rs 2,373 Cr
Ahmedabad-based textile giant Arvind Limited reported a 17% increase in Q3 FY26 profit to Rs 125 crore. Revenue grew 14% to Rs 2,373 crore, with EBITDA hitting a record Rs 286 crore despite tariff discounts.
Amazon Layoffs Fuel Global Labor Debate Amid India Team Claims
Texas Republican candidate Nicholas Lee Plumb claims Amazon layoffs are linked to new India engineering teams. Amazon confirms 16,000 job cuts but denies hiring freeze, sparking debate on global labor arbitrage.
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Ex-RCom President Arrested in Rs 40,000 Crore Bank Fraud
The Enforcement Directorate has arrested Punit Garg, former president of Reliance Communications, in connection with a massive Rs 40,000 crore bank fraud case involving alleged money laundering and financial irregularities.
ED Arrests Ex-RCom Director Punit Garg in Rs 40,000 Crore Fraud
The Enforcement Directorate has arrested former Reliance Communications director Punit Garg in a massive Rs 40,000 crore bank fraud case, marking a significant development in the ongoing investigation into financial irregularities.
Former Minister Remembers CJ Roy's Humble Nature After IT Raid Death
Former Union Minister KV Thomas shares personal memories of Confident Group founder CJ Roy, describing him as emotional and down-to-earth despite his business success, following Roy's tragic death during an Income Tax raid.
Nestlé India Reports Record Q3 Turnover, Profit Surges 46%
Nestlé India achieved its highest-ever quarterly turnover of Rs 5,643 crore in Q3 Dec 2025, with 18.5% volume-led sales growth and 46% net profit surge, driven by GST benefits and strong demand recovery.
12 Indian Business Leaders Shaping Industries with Purpose
Discover 12 Indian entrepreneurs and leaders across diverse sectors who are driving growth with intent, responsibility, and innovation. From F&B to AI, wellness to travel, these visionaries focus on trust, sustainability, and long-term value.
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Coimbatore: 108 Ambulance Staff Hunger Strike Over Demands
Over 200 employees of the 108 ambulance service in Coimbatore held a hunger strike demanding salary rollback, timely payments, and government takeover of operations.
Corporate Leaders Share Union Budget 2026 Expectations
Industry leaders from manufacturing, technology, and services sectors outline their expectations for Union Budget 2026, focusing on tax reforms, infrastructure, and innovation incentives.
ED Arrests Ex-RCOM President in Rs 40k Crore Fraud Case
Former Reliance Communications president Punit Garg has been arrested by the Enforcement Directorate in a massive Rs 40,000 crore bank fraud case. A Delhi PMLA court has granted nine days of ED custody for further investigation into the money laundering a
Overtime Phone Use Sparks Workplace Debate
A 21-year-old employee's mobile phone use during overtime hours triggers online discussion about corporate culture, overtime pay, and workplace monitoring practices in India.
Nestle India Q3 Profit Jumps 45% to Rs 998 Crore
Nestle India reports 45.12% rise in Q3 net profit to Rs 998.42 crore, driven by highest quarterly revenue and strongest volume growth in nearly five years.
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CJ Roy Death: Confident Group Founder's Net Worth & First Car
The tragic death of Confident Group founder CJ Roy has sparked interest in his remarkable journey, from humble beginnings to a multi-crore net worth and his first car story.
Jindal Steel Q3 Profit Falls 80% on Weak Steel Prices
Jindal Steel & Power reports 80% drop in Q3 net profit to ₹190 crore due to weak steel prices, higher input costs, and one-time labor code charges. Revenue rises 10.9% to ₹13,026 crore.
Meesho Bets on Logistics Fixes to Boost Margins Post Q3 Loss
Meesho's Q3 net loss widened to ₹490 crore despite 31% revenue growth. The company plans logistics fixes and operating leverage to improve margins in coming quarters.
Confident Group Owner CJ Roy Dies by Suicide
Confident Group owner CJ Roy has died by suicide. The company has a vast portfolio in real estate, hospitality, and infrastructure projects across India and globally.
Ola Electric Lays Off 5% of Staff in Restructuring
Ola Electric is set to lay off approximately 5% of its workforce as part of a strategic restructuring effort to streamline operations and enhance efficiency in the competitive EV market.
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Confident Group Chairman CJ Roy Dies by Suicide After I-T Raids
CJ Roy, Chairman of Confident Group, died by suicide in Bengaluru after Income Tax Department conducted searches at his office premises. The incident occurred on January 30, 2026.
Microsoft's $360B Crash: AI Bubble Bursts
Microsoft lost $360 billion in market value in a single day, the second-largest crash in US history, as its OpenAI partnership exposes unsustainable AI spending and circular financing deals.
CKK Retail Mart Completes Anchor Allocation for 2026 IPO
CKK Retail Mart Limited has successfully concluded its anchor investor allocation, a key step before its Initial Public Offering opens for subscription on January 30, 2026.
Indian Businesses Thrive Amid Modern Pressures with Vigour
Indian businesses are demonstrating remarkable resilience and vitality in the face of modern-day pressures, including economic challenges and global competition, by adapting innovative strategies and maintaining robust growth.
Adani Group Secures JCR Ratings, Opens Door to Japan Capital
Adani Group has achieved landmark JCR credit ratings, paving the way for accessing Japan's long-term capital markets. JCR highlighted APSEZ's stable cash flows, operational strength, and financial prudence.
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NTPC Q3 Net Profit Up 8% YoY, Declares ₹2.75/Share Dividend
NTPC reports Q3 FY25 consolidated net profit of ₹5,597 crore, an 8% YoY increase. The board declares a second interim dividend of ₹2.75 per share, payable in February 2026.
Congress Pushed FTA with China, Says Piyush Goyal
Union Minister Piyush Goyal accuses Congress of committing a sin by advocating for a Free Trade Agreement with China, highlighting economic concerns and political criticism.
Amazon May Invest $50 Billion in OpenAI
Amazon is reportedly in negotiations to invest up to $50 billion in OpenAI, potentially becoming the largest contributor to the AI startup's massive funding round.
Goyal Slams Congress Over India-EU FTA, Defends Agreement
Commerce Minister Piyush Goyal criticized Congress for opposing the India-EU Free Trade Agreement, accusing them of past failures and defending the landmark deal's benefits for India's economy.
Trade Unions Blame Neo-Liberal Policies for Slowdown
CITU and AITUC refute CJI's remarks on industry slowdown, arguing that trade unions are not at fault and instead point to neo-liberal policies as the root cause of economic issues in India.
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Amazon: No Quarterly Mass Layoffs, But Team Changes Ongoing
Amazon's Senior VP Beth Galetti reassures employees that mass layoffs won't become quarterly events, but acknowledges ongoing team-level adjustments as business needs evolve across AWS, retail, and other divisions.
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