CMA Welcomes Budget's Focus on Manufacturing, Urban Growth
The Chandigarh Management Association has praised the recent budget for its strong emphasis on boosting manufacturing and urban development, highlighting potential economic benefits.
Category : Corporate News
Premji Invest Buys 23% Stake in Bharat Forge Unit for ₹300 Cr
Premji Invest, the family office of Wipro founder Azim Premji, will acquire a 23% stake in JS Auto Cast Foundry India, a Bharat Forge subsidiary, for ₹300 crore. The investment aims to boost casting capacity and explore acquisitions in the ferrous casting
White-Collar Hiring Up 3% in Jan, Non-IT Sectors Lead
India's white-collar job market saw a 3% year-on-year increase in hiring activity in January, driven by strong demand in non-IT sectors and a notable rise in fresher recruitment, according to a recent report.
Dhampur Sugar Mills Q3 Profit Jumps 75% YoY
Dhampur Sugar Mills reported a 75% year-on-year increase in consolidated net profit to ₹26.49 crore for Q3 FY26, with revenue up 14% to ₹667.44 crore. However, shares remain under pressure, down 64.5% from peak.
Oracle's $50B Cloud Fundraise Amid Layoffs and AI Push
Oracle plans to raise $45-50 billion in 2026 for cloud infrastructure expansion to meet AI-driven demand from clients like OpenAI and NVIDIA, while reportedly considering significant layoffs.
Disney Beats Estimates as Parks Hit Record $10B Sales
Walt Disney Co. exceeded fiscal Q1 expectations with record $10 billion revenue from parks and cruises, while entertainment profits declined. Shares rose 4.2% premarket.
Hybrid Work Hiring Crisis: Fake Credentials & AI Fraud
Genius HRTech report reveals 74% employers cite fake degrees as top hiring risk in remote era. 77% fear AI-generated fraud as verification systems fail borderless workforce.
Nestle India's Premium Valuation Backed by Strong Q3 Growth
Nestle India shares approach 52-week high after Q3FY26 results show strongest volume growth in 5 years. Company benefits from GST reduction, strategic ad spending, and favorable commodity trends.
IBC Amendment Bill Set for March, Targets Faster Insolvency
Finance Minister Nirmala Sitharaman announces plans to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session starting March 9, aiming to enhance timelines and align with global practices.
Lord's Mark Industries Multi-State Infrastructure Investment Plan
Lord's Mark Industries announces strategic investments across Maharashtra, Uttar Pradesh, Kerala, and Assam in clean energy, healthcare, and manufacturing sectors, aligning with India's national priorities.
Amazon Cuts 16,000 Jobs, Pushes AI and Tech for Future
Amazon has eliminated 16,000 corporate roles in its second major layoff round within six months. Leadership emphasizes using technology to simplify work and drive customer value while supporting remaining staff.
Hyundai India Q3 Profit Up 6.3% to ₹12,344 Crore
Hyundai Motor India reports strong Q3FY26 results with net profit rising 6.3% to ₹12,344 crore and revenue increasing 8% to ₹1,79,734.87 crore, reflecting robust performance in the Indian automotive market.
Maruti Suzuki January Sales Up 12%, Utility Vehicles Jump 16%
Maruti Suzuki India recorded a 12% year-on-year sales increase in January 2026, reaching 2,36,963 units. Utility vehicle sales saw a significant 16% growth, while compact car sales declined.
Budget 2024 Boosts Biopharma Growth Without New Tax Incentives
The Union Budget 2024 has reinforced long-term growth prospects for India's biopharma sector through strategic initiatives, despite not introducing new tax incentives. Key measures include enhanced R&D funding and infrastructure development.
LMIL Reveals Multi-State Investment Plan After WEF Talks
LMIL has announced a comprehensive multi-state investment roadmap following strategic discussions at the World Economic Forum 2026, focusing on key sectors to boost economic growth across India.
Experts Concerned Over REC, PFC Restructuring in Budget
Power sector experts, engineers, and consumer bodies express concerns that restructuring of REC and PFC announced in Union Budget 2026-27 may weaken public institutions and facilitate privatization.
Real Estate CEO Accused of Offering $3M to Employee
A lawsuit filed in Utah alleges Real Brokerage CEO Tamir Poleg arranged meetings with female subordinate Paige Steckling, offering $3 million and property to leave her husband. Both parties deny allegations.
Goldman Sachs Sees Constructive India Outlook Post FY27 Budget
Goldman Sachs expresses a constructive outlook on India's economy, highlighting the government's commitment to fiscal consolidation in the upcoming FY27 budget as a key positive factor for sustained growth.
Gujarat Industry Leaders Welcome Union Budget 2026-27
Industry leaders from Gujarat's finance, gems, real estate, healthcare, education, and FMCG sectors praise Union Budget 2026-27 for its long-term vision, policy clarity, and growth-oriented measures.
10 Stories of Courage, Clarity, and Continuity in Business
A special edition highlights ten inspiring business stories showcasing resilience, strategic clarity, and continuity amid challenges, offering lessons for entrepreneurs and leaders.
Fitch: Budget 2026 Committed to Macro Stability, More Reforms Expected
Fitch Ratings states the Union Budget 2026 demonstrates India's commitment to macroeconomic stability and expects further reforms, particularly in deregulation, despite no major announcements.
Oil Prices Drop 4% on Trump's Iran Remarks, OPEC Decision
Crude oil prices fell sharply on Monday after President Trump's comments on Iran negotiations eased geopolitical fears. Brent and WTI both dropped over 4%, reversing recent gains driven by US-Iran tensions.
Eric Schmidt: Father's Advice Shaped My Leadership Style
Former Google CEO Eric Schmidt shares how his father's wisdom about making people believe ideas are their own became his most valuable business leadership skill.
Aster DM Healthcare Q3 FY26 Revenue Up 13% YoY
Aster DM Healthcare has announced its Q3 FY26 financial results, showing a steady performance with revenues increasing by 13% year-on-year to INR 1,186 crores. The company continues to expand its healthcare services across India and the GCC region.
India Exempts Apple from Tax on Manufacturing Equipment
India's government has announced a 5-year tax exemption for foreign companies providing machinery to contract manufacturers, a major win for Apple's expansion plans in the country.
Budget 2026: Rs 10,000 Cr SME Fund, TReDS Boost for MSMEs
Finance Minister Nirmala Sitharaman announced a comprehensive three-pronged strategy focusing on equity, liquidity, and professional support to transform MSMEs into 'Champions' in Budget 2026-27.
Oracle to Cut 30,000 Jobs for AI Data Centers
Oracle is reportedly planning to lay off up to 30,000 employees to finance its AI data center ambitions, with US banks pulling back from lending and the company exploring asset sales.
Budget 2026: Tax Reforms for IT Sector with Safe Harbour Changes
Union Budget 2026 introduces key tax reforms for IT services, including safe harbour margin of 15.5%, automated approvals, and fast-track APA process to enhance certainty for cross-border operations.
Oil Prices Fall on Trump Iran Deal Signal; Mumbai Police Make Arrests
Crude oil prices declined after Donald Trump indicated progress on an Iran agreement. In Mumbai, police arrested four suspects in the firing at Rohit Shetty's home, investigating gang links.
Budget 2026: UP Minister Praises MSME, Textile & Khadi Boost
Uttar Pradesh Minister Rakesh Sachan says Budget 2026 measures will significantly benefit state's MSMEs, khadi, silk, handloom & textile sectors through integrated programmes and funding.
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