IBM India's ₹180 Crore Gurugram Office Lease Deal

IBM India Pvt. Ltd has secured over 230,000 sq. ft of office space at Gurugram's Intellion Park in a 10-year lease valued at ₹180 crore, with monthly rent of ₹1.25 crore and 15% escalation every three years.

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.

BMW X3 30 xDrive M Sport Pro SUV India Launch Feb 2026

BMW India will launch the powerful X3 30 xDrive M Sport Pro SUV on February 16, 2026. Locally manufactured in Chennai, it features a 258hp mild-hybrid engine, premium tech, and competes with Mercedes GLC, Audi Q5.

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.

IAMAI, WTW Release First Tech Compensation Benchmark Study

IAMAI and WTW India have launched India's inaugural compensation benchmarking study for the technology sector, providing crucial data on salary trends, benefits, and pay structures across various tech roles and experience levels.

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.

Markets Fall Ahead of Budget, Breaking 3-Day Rally

Benchmark indices Sensex and Nifty declined on Friday as investors booked profits before the Union Budget. Metal and IT stocks led losses amid foreign fund outflows and rupee depreciation.

Rupee Hits Record Low 92.02 vs Dollar, Ends at 91.97

Indian rupee touched historic low of 92.02 against US dollar on Friday amid foreign fund outflows and geopolitical tensions, before recovering slightly to close at 91.97. Experts cite crude oil decline and dollar index movement as key factors.

CEA: Capital Efficiency Key for Growth with 30% Savings

Chief Economic Adviser V. Anantha Nageswaran states that improved capital efficiency in India can lead to robust economic growth even with a 30% savings rate, highlighting the need for better resource allocation.

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