Category : Corporate News


Amazon Cuts 16,000 Jobs in Latest Corporate Restructuring

Amazon has begun notifying employees about significant layoffs affecting approximately 16,000 roles globally. The job cuts impact staff in the US, UK, and India, with affected workers receiving detailed transition support including severance packages and

L&T Order Inflow Surges, Execution Gap Concerns Linger

Larsen & Toubro reports 18% YoY growth in Q3FY26 order inflows to ₹1.16 trillion, with management confident of exceeding annual guidance. However, execution challenges and Middle East exposure remain key risks for India's engineering giant.

Why Loyalty Takes Time: A Lesson for Leaders

Business leaders often expect immediate loyalty from new hires and customers, but human psychology shows that true engagement deepens with time and distance, not proximity.

InvAscent Writes Bigger Pharma Cheques Amid Rising Costs

Hyderabad-based PE firm InvAscent increases investment ticket sizes in pharmaceuticals to $80-100 million deals, driven by higher regulatory and manufacturing costs. The firm allocates 50% to pharma, 30% to healthcare, and 20% to allied segments.

Piramal Pharma Q3 Net Loss at ₹136 Crore

Piramal Pharma reported a consolidated net loss of ₹136 crore for Q3 FY26, compared to a profit of ₹4 crore last year. Revenue declined to ₹2,140 crore due to inventory destocking and slower order inflows.

IndiGo CEO on Flight Disruptions & 20-Year Legacy

IndiGo CEO Pieter Elbers responds to December flight disruptions affecting lakhs, apologizes for three-day failure while emphasizing airline's 20-year growth and recovery to 3.8 lakh daily passengers.

Reid Hoffman: Business Silence on Trump is Risky

LinkedIn co-founder Reid Hoffman cautions executives that staying silent on Trump administration policies is a dangerous miscalculation, urging corporate leaders to speak out despite fears of retaliation.

KSRTC Union Leader Anantha Subbarao Dies at 81

Senior labour leader H V Anantha Subbarao, president of KSRTC Staff Federation, passed away from a heart attack. CM Siddaramaiah mourns his loss as an irreplaceable voice for workers.

Amazon Cuts 16,000 Jobs in Global Restructuring

Amazon announces elimination of nearly 16,000 corporate roles worldwide as part of organizational streamlining. Senior VP Beth Galetti communicates layoffs aimed at reducing management layers and bureaucracy.

Maruti Suzuki Q3 Profit Up 3.7% Despite Challenges

Maruti Suzuki India reports 3.7% rise in Q3 net profit to Rs 3,794 crore, driven by domestic sales rebound post-GST reforms, though earnings affected by one-time labour law provision and commodity costs.

Ajmer Sanitation Workers Strike Over Unpaid Wages

Around 2,300 temporary sanitation workers in Ajmer protest at Rambagh, demanding two months' pending wages and alleging threats from contractors, potentially disrupting waste collection across 54 wards.

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