Category : Corporate News


Oracle Defends OpenAI Deal as Layoffs Loom

Oracle publicly reaffirms its partnership with OpenAI despite reports of potential 30,000 job cuts to fund AI infrastructure. The company's statement triggered a stock drop as investors worry about its massive debt and AI bets.

Air India Inspects Boeing 787 Fuel Control Switches

Air India has initiated comprehensive inspections of fuel control switches across its Boeing 787 Dreamliner fleet following a reported malfunction on a London-Bengaluru flight. The airline's engineering team is working with Boeing to prioritize safety eva

Ventive Hospitality Q3 Revenue and Profit Soar

Ventive Hospitality has announced impressive Q3 results, with revenue and profit showing significant growth. The company attributes this success to strategic expansions and operational efficiencies.

Gold, Silver Prices Rebound Sharply on Feb 3, 2026

Gold and silver prices staged a strong rebound on February 3, 2026, driven by US government shutdown, Federal Reserve leadership cues, and global uncertainty. Check live updates for Chennai, Hyderabad, Bangalore, Mumbai, Delhi.

Zensar Close to Acquiring Mastek in $900M Deal

Zensar Technologies is reportedly finalizing an $850-900 million stock-and-cash acquisition of Mastek, creating a $1.3 billion IT services powerhouse amid industry consolidation driven by AI transformation.

Latent View Q3 Revenue Up 22%, Profit Rises 18.6%

Chennai-based Latent View Analytics reports robust Q3 performance with revenue reaching ₹278 crore, up 22% YoY, driven by financial services and technology segments. Profit after tax grows 18.6% to ₹50 crore.

PE-VC Investments Drop 62.5% to $1.5B in Jan 2026

India's private equity-venture capital sector saw investments fall sharply to $1.5 billion in January 2026, a 62.5% decline from $4 billion in the same month last year, with 104 deals recorded.

IndiGo Hires Nik Laming to Head Loyalty Programme

IndiGo appoints Singapore-based loyalty expert Nik Laming to lead its BluChip frequent-flyer programme, aiming to attract high-value international travellers as it transitions from a low-cost carrier to a full-service airline.

Bengaluru Unions Vow Fight After SC Minimum Wage Plea Dismissal

Workers' unions in Bengaluru, including the Domestic Workers Rights Union, have vowed to continue their fight for minimum wage after the Supreme Court dismissed their petition. The unions issued a joint statement reaffirming their commitment to labor righ

Budget's TReDS Push to Aid MSMEs in Ludhiana

Union Budget proposals to strengthen TReDS have raised hopes among Ludhiana's industry leaders that payment delays faced by MSMEs may finally be addressed through faster invoice settlement.

Turkish CEO Charged with $7M Fraud and Visa Scam

Gokce Guven, founder of fintech startup Kalder Inc., faces charges for defrauding investors of $7 million and using false documents to obtain an O-1A 'extraordinary ability' visa in the US.

Devon-Coterra $58B Merger Creates Shale Giant

Oklahoma City's Devon Energy and Houston's Coterra Energy announce a massive all-stock merger to form a large-cap producer dominating the Permian Basin amid shale consolidation.

Ather Energy Q3 Revenue Soars 53%, Losses Halve

Ather Energy reported a 53% surge in Q3 revenue to ₹996 crore, with losses halving to ₹85 crore. Despite GST cuts impacting EV penetration, the company expanded to 600 stores and improved margins significantly.

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