Oracle Plans Massive Layoffs Amid AI Cash Crunch
Oracle is set to cut thousands of jobs as it faces financial strain from a $300 billion AI data center push, with layoffs potentially costing $1.6 billion this fiscal year.
Category : Corporate News
Ravi Ghai: Ice Cream Baron Behind Saaniya Chandhok's Family
Explore the story of Ravi Ghai, the Mumbai businessman who brought Baskin-Robbins to India and is the grandfather of Saaniya Chandhok, wife of Arjun Tendulkar.
Lonza Group AG to Set Up GCC in Hyderabad
Swiss life sciences giant Lonza Group AG is establishing a Global Capability Center (GCC) in Hyderabad, India, to enhance its global operations and tap into the region's skilled talent pool.
GAIL India LNG Supply Hit from Qatar Amid Iran-Israel War
GAIL India faces potential LNG supply disruptions from QatarEnergy due to Iran-Israel conflict, prompting India to seek alternative sources from Australia and Canada.
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Maharashtra Transport Strike Deferred After Govt Assurance
The Maharashtra Transport Action Committee has postponed its indefinite strike by one week following government assurances. The strike was called to protest alleged misuse of the e-challan system and arbitrary penalties imposed on private operators.
Women Balance Corporate Jobs with Passion Projects Across India
Across India, women professionals are building successful side hustles alongside full-time corporate careers, finding fulfillment through creative outlets like gift curation, crochet, and content creation.
NHSRCL Refutes Congress Claims on Bullet Train Cost and Funding
The National High-Speed Rail Corporation Limited has strongly denied Congress party allegations of cost escalation and funding crises in the Mumbai-Ahmedabad bullet train project, asserting financial stability and adherence to budget.
Parimatch Sports Partners with Maharashtra Tycoons
Parimatch Sports announces a strategic partnership with the Maharashtra Tycoons cricket team, aiming to enhance fan engagement and promote sports in India.
Maharashtra Launches Pulse 2026 with Strategic Curtain-Raiser
Maharashtra government unveils Pulse 2026, a strategic initiative aimed at boosting economic growth and investment, with a curtain-raiser event setting the stage for future development plans.
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IT, Oil Sectors Cautious on AI, West Asia Conflict
Kotak Institutional Equities CEO highlights cautious sentiment in IT and oil & gas sectors due to AI disruptions and West Asia geopolitical tensions, impacting investment strategies.
CleanMax Honors Team on NSE Debut with Symbolic Gesture
CleanMax, a renewable energy firm, marked its NSE listing by honoring employees with a symbolic gesture, emphasizing its people-centric culture and growth in India's green energy sector.
MIBF Meet Unlocks Fresh Pathways to Success
The MIBF's high-impact meeting facilitated networking and new partnerships, unlocking fresh pathways to success for businesses in the financial sector.
Paltech Certified as Great Place to Work for Third Straight Year
Paltech has been certified as a Great Place to Work for the third consecutive year, reinforcing its commitment to a positive workplace culture that drives business growth and employee satisfaction.
Paytm ESOP Spending Lower Than Other Tech Companies
A recent report highlights that Paytm's expenditure on employee stock option plans is significantly lower compared to other new-age technology companies in India, raising questions about its talent retention strategies.
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Musk: Legal Pressure Forced Twitter Takeover
Elon Musk told a US jury that legal pressure forced him to complete the $44 billion Twitter acquisition. Investors accuse him of manipulating stock prices during the takeover saga.
IEX Power Trade Up 30% in Feb, Daily Volumes Hit Record High
The Indian Energy Exchange (IEX) witnessed a significant 30% year-on-year surge in power trading volumes in February, with daily volumes reaching a record 448 million units, driven by increased demand and market participation.
Amazon Robotics Job Cuts Amid Strategic Restructuring
Amazon has eliminated at least 100 white-collar roles in its robotics division as part of broader cost-cutting efforts, while maintaining robotics as a strategic priority.
Petronet LNG Force Majeure Over West Asia Crisis, Stocks Drop
India's top gas importer Petronet LNG has issued force majeure notices to QatarEnergy and domestic buyers as vessels cannot reach Qatar due to West Asia hostilities, disrupting LNG shipments and hitting stocks.
Subhasis Das Named CII Pune Chairman for 2026-27
Subhasis Das, MD of Alfa Laval India, appointed Chairman of CII Pune Zonal Council for 2026-27. Nitin Mittal of Knest Manufacturers named Vice Chairman at annual meeting.
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Mumbai Man Arrested for Rs 10 Crore Jewellery Fraud in Nashik
A 45-year-old man from Mumbai has been arrested in Nashik for allegedly cheating two investors of Rs 10 crore in an artificial jewellery venture. Sushil Kantilal Jain diverted funds to personal accounts and failed to account for Rs 4.3 crore in purported
Kotak Securities Warns of Fragile Global Environment, Risks
Kotak Securities highlights the current fragile global environment with re-emerging geopolitical risks, urging investors to exercise caution in volatile markets.
Adidas Shares Fall on Weak Outlook, Middle East Conflict Risks
Adidas shares dropped sharply after issuing a weaker-than-expected 2026 outlook, citing uncertainty from the Middle East conflict, US tariffs, and currency effects, despite strong 2025 results.
Mindful Leadership: A Founder's Guide to Clarity and Focus
Cognitive overload plagues founders with endless decisions and crises. This article explores six mindful practices to preserve focus, manage energy, and enhance long-term decision-making for better leadership.
VELS Honors Top Scientists on National Science Day
VELS Group celebrated National Science Day by honoring India's leading scientists, highlighting their contributions to innovation and research in a special event.
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Tesla Berlin Factory Union Showdown as IG Metall Battles for Control
A crucial works council election at Tesla's Gruenheide plant near Berlin intensifies labor tensions, with IG Metall union seeking majority control amid allegations of poor working conditions and management resistance.
Adani CFO Thanks Retail Investors for Support Amid Narratives
Adani Group CFO Jugeshinder Singh thanks retail investors for their unwavering support during challenging times, highlighting resilience against sponsored narratives.
US Oil Firms Poised for Gains as Iran Conflict Drives Up Prices
Geopolitical tensions in the Middle East have sent oil and gas prices soaring, potentially boosting earnings for US energy producers. However, analysts question whether this will spur new investment in production.
Uber's Licence Renewed Retrospectively in Karnataka
Uber's transport aggregator licence in Karnataka has been renewed retrospectively, allowing the ride-hailing giant to operate legally after a brief lapse. The renewal, effective from April 2024, resolves regulatory uncertainties and ensures compliance wit
India's Oil Stockpile Secure Amid Strait of Hormuz Crisis
Union Minister Hardeep Singh Puri assures India has ample crude oil reserves as the Strait of Hormuz closes following Iranian attacks on tankers, impacting global energy routes.
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Tata Chairman on West Asia Conflict Impact on Supply Chain
Tata Sons chairman N Chandrasekaran states the West Asia conflict will affect supply chains, but group companies have mitigation plans. Employee safety is prioritized, and expansion continues with tech investments.
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