Goa's Tax Holiday Offer Fails to Attract Industries
Chief Minister Pramod Sawant's budget proposal offering tax holidays for large investments in Goa has received no takers. Industries cite land scarcity and high costs as key barriers.
Category : Corporate News
Govt Bans 10-Minute Delivery Promises for Worker Safety
India's labour ministry has directed quick commerce platforms to remove 10-minute delivery guarantees following strikes and safety concerns raised by gig workers.
Jain Global's $750M Profit Shrinks to 3.7% for Investors
Bobby Jain's new hedge fund generated $750 million in trading profits last year, but investors saw only 3.7% net returns after covering the firm's massive startup expenses.
McKinsey Now Hiring Liberal Arts Graduates for AI Era
Global consulting giant McKinsey is changing its hiring approach, actively seeking liberal arts graduates to boost creativity as it integrates AI across operations. The firm now employs 20,000 AI agents alongside 40,000 human staff.
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Tesla Moves FSD to Subscription-Only Model
Tesla eliminates one-time $8,000 FSD purchase, making it subscription-only at $99/month. The move aims to secure recurring revenue amid sales challenges.
Oracle's Nashville Hiring Push for Global HQ
Oracle aggressively recruits for its Nashville world headquarters, offering relocation incentives and building a massive riverfront campus to create a cloud and AI hub, though challenges remain in meeting hiring targets.
IHCL Buys 51% Stake in Brij Hotels for ₹193 Crore
Tata's Indian Hotels Company acquires 51% stake in Brij Hospitality for ₹193 crore, expanding its boutique leisure portfolio to 610 hotels across India and beyond.
Moody's Upgrades Adani Group Ratings, Firm Cites Nation-Building
Moody's Investors Service has upgraded the ratings for several Adani Group entities. The conglomerate views this as a reflection of its ongoing dedication to nation-building efforts in India.
Amazon Buys Copper from Arizona Mine for AI Data Centers
Amazon Web Services signs a two-year deal with Rio Tinto for copper extracted using bacteria and acid from an Arizona mine, addressing AI data center demands amid a global copper shortage.
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Defence Ministry Seeks 20% Budget Hike in 2026
The Defence Ministry has requested a 20% increase in defence spending for the Union Budget 2026, aiming to boost military capabilities amid fiscal constraints.
Aman Gupta: Sponsorship Key to Shark Tank India Role
Shark Tank India's Aman Gupta clarifies that Sharks don't pay to appear on the show but can join through sponsorship deals. He also shares his favorite co-star and details about Season 5.
Gig Workers' Plight: Do We Owe Them More?
As gig workers face exploitation, we examine moral obligations. Consumers hold power to drive change through choices that impact delivery platforms and workers' lives.
Developer Fired Twice in Month, CEO Rehires in Viral Post
A US software developer's viral post reveals he was fired and rehired twice in one month amid internal power struggles. The CEO ultimately intervened, sparking widespread online reactions.
Melento & Forrester Release 2026 CLM Insight Report
A new report by Melento and Forrester outlines the future of Contract Lifecycle Management as intelligent, data-driven, and enterprise-wide by 2026, transforming business operations.
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Jyot India Foundation Launches Global Conclave in Mumbai
The Jyot India Foundation, with support from the Ministry of External Affairs, announces the Vasudhaiva Kutumbakam Conclave 4.0 in Mumbai. This event aims to shape a fair world order through global dialogue.
Coca-Cola India Bottling Arm HCCB Plans $1 Billion IPO
Coca-Cola has hired Kotak, HDFC Group and Citibank for a proposed $1 billion IPO of its Indian bottling arm HCCB, targeting a summer listing with a $10 billion valuation.
Jio Financial Q3 Profit Falls 9% to ₹269 Crore
Jio Financial Services reports a 9% year-on-year drop in Q3 profit, reaching ₹269 crore. The company's latest quarterly results show a decline in earnings.
Ambani, Telcos Spar with Navi Mumbai Airport on Networks
Billionaire Mukesh Ambani and telecom companies dispute mobile network access at Navi Mumbai airport, which started operations in December under Adani's portfolio.
Ericsson to Cut 1,600 Jobs in Sweden for Cost Efficiency
Ericsson announces 1,600 job reductions in Sweden as part of global cost-cutting measures. The telecom giant aims to maintain tech leadership while improving operational efficiency.
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Quick Commerce Discount Wars Delay Margin Recovery: UBS
UBS report reveals discount wars in India's quick commerce sector have intensified, delaying margin recovery. Amazon and Zepto lead aggressive promotions while Blinkit remains cautious.
Labour Codes Hit IT Giants' Q3 Profits Hard
India's top IT companies TCS, Infosys, HCLTech and Tata Elxsi report steep profit declines in Q3 FY26 due to one-time charges from new labour code implementation.
Flipkart, Meta Fined for Walkie-Talkie Listings
CCPA penalizes Flipkart and Meta ₹10 lakh each for selling walkie-talkies without regulatory disclosures. The crackdown highlights e-commerce platforms' responsibility for compliance.
TCS Q3 Results: Revenue Growth and Large Deals
Tata Consultancy Services posts a 0.6% sequential revenue growth in constant currency for Q3, with large deal wins totaling $4.8 billion, including a $2.2 billion mega-deal.
Infosys CEO Denies US ICE Detention Rumors
Infosys CEO Salil Parekh clarifies that no employee was apprehended by US authorities, but one was denied entry and sent back to India months ago.
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Aman Gupta on Lenskart Valuation, Shark Tank Relationships
Shark Tank India's Aman Gupta shares candid views on Peyush Bansal's Lenskart valuation, evolving friendships with Anupam Mittal, and staying connected with Ashneer Grover.
Reliance Q3 Earnings: Investors Want Jio IPO, Project Timelines
Reliance Industries is expected to report strong Q3 earnings with 15% profit growth. Investors are focused on firm timelines for the Jio IPO and progress in new energy and consumer businesses.
Ericsson to Cut 1,600 Jobs in Sweden
Telecom equipment giant Ericsson confirms plans to lay off approximately 1,600 employees in Sweden as part of restructuring efforts announced on Thursday.
Jio Q3 Preview: 5G Monetization in Focus as Buildout Eases
Reliance Jio enters a consolidation phase with steady subscriber growth and incremental ARPU gains. Analysts expect modest revenue growth ahead of potential 2026 listing.
Sebi Questions Sterlite Electric IPO Over Agarwal's Promoter Role
India's market regulator Sebi has asked Sterlite Electric for details on ownership structure and Anil Agarwal's promoter designation despite no direct equity. The IPO faces delays amid family disclosure issues.
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Gates Foundation Starts Restructuring, Plans Staff Cuts
The Bill & Melinda Gates Foundation announces a $9 billion budget for 2026 while planning to reduce up to 500 positions over five years as it prepares for eventual closure by 2045.
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