Amazon Second Layoff Round Next Week, 30,000 Jobs Targeted
Amazon plans second round of job cuts next week as part of 30,000 workforce reduction, affecting AWS, retail, Prime Video, and HR divisions, marking largest layoff in company history.
Category : Corporate News
Deloitte US Job Title Overhaul for AI Era from June 2026
Deloitte US announces a major job title restructuring starting June 2026, replacing traditional hierarchical roles with specialized families and alphanumeric codes to align with AI-driven demands.
Macron's Davos Sunglasses Spark iVision's Biggest Stock Rally
French President Emmanuel Macron's €775 sunglasses at Davos sparked a meme frenzy, leading to iVision Tech's record 28% stock surge and €3.5M market cap gain in two sessions.
Syngene Cuts Revenue Forecast to Negative 2-3% for FY26
Syngene International revises full-year revenue guidance from mid-single digit growth to negative 2-3% due to ongoing destocking of a key biologics product, impacting Q3 results with revenue decline.
BPCL Q3 Profit Jumps 89%, Dividend Announced
Bharat Petroleum Corporation Limited reports stellar Q3 results with net profit surging 89% year-on-year to ₹7,188.4 crore. The Maharatna PSU also declares a second interim dividend of ₹10 per share for FY 2025-26.
Ericsson to Continue Layoffs Amid 5G Market Challenges
Swedish telecom giant Ericsson plans further job cuts as part of cost restructuring, with CEO Borje Ekholm citing 5,000 reductions already made. The company faces ongoing 5G demand challenges.
Elitecon Appoints Veteran IAS & IRS Officers to Board
Elitecon International has strengthened its corporate governance by appointing veteran IAS and IRS officers as independent directors to its board, enhancing strategic oversight.
Dimon Warns AI Job Cuts Could Fuel Social Instability
JPMorgan Chase CEO Jamie Dimon cautions that rapid AI adoption without proper workforce planning could lead to mass layoffs, inequality, and social backlash. He emphasizes phased implementation and reskilling.
Air India to Pay Rs 1.5 Lakh for Poor In-Flight Services
Delhi consumer commission directs Air India to compensate father-daughter duo Rs 1.5 lakh for broken seats, foul odour on Delhi-New York flight, citing DGCA rules on mandatory services.
India Post GDS Recruitment 2026: 28,740 Posts, Apply Online
India Post announces Gramin Dak Sevak recruitment for 28,740 vacancies. Online applications open January 31, 2026. Selection based on Class 10 marks, no written exam. Check eligibility and apply before February 14.
Viraj Profiles Honors Women Tailors in Recognition Ceremony
Viraj Profiles organized a special recognition ceremony for women who successfully passed the tailoring examination, celebrating their skills and empowerment in the workforce.
STL Q3 FY26 Results: Revenue Growth, Tech Leadership
STL announced its Q3 FY26 financial results, showing revenue growth and strengthened technology leadership. The company reported robust performance in optical networking and digital solutions.
JSW Steel Q3 Profit Triples on One-Time Gain, Core Profit Halved
JSW Steel reported a nearly threefold jump in Q3 net profit to ₹2,139 crore, boosted by a one-time deferred tax gain of ₹1,439 crore. Excluding this, underlying profit fell 2% to ₹700 crore, missing analyst expectations.
CCI Probe Links Tata, JSW to Steel Cartel via WhatsApp
India's antitrust watchdog CCI investigation reveals Tata Steel, JSW Steel, SAIL, and RINL allegedly colluded from 2018-2023 using WhatsApp chats and production data to manipulate steel market.
Industry Demands Budget 2026 Funding for Pharma, MedTech Innovation
Ahead of Union Budget 2026, pharmaceutical and MedTech industry leaders call for structured funding framework to boost R&D and innovation, essential for achieving India's Viksit Bharat goals and $500 billion industry target by 2047.
BEL Gets ₹610 Crore Defence Orders, Expands Portfolio
Navratna defence PSU Bharat Electronics Limited obtains fresh orders worth ₹610 crore for communication devices, medical electronics, and thermal imaging systems.
Reddit Manager Quits Over Unfair Pay for New Hire vs Team
A manager on Reddit shared his resignation after a new hire with no experience joined at higher pay than loyal team members earning industry rates for years, sparking debate on workplace fairness.
Adani Group Completes Full Takeover of IANS News Agency
Adani Group's media arm AMG Media Networks has acquired the remaining stake in IANS India Private Limited, marking complete ownership of the prominent news agency through a strategic share purchase agreement.
Adani Shares Fall as US SEC Seeks Direct Summons
Adani Group shares experienced significant declines after the US Securities and Exchange Commission moved to serve legal summons directly, circumventing Indian government channels. The conglomerate has dismissed the allegations as baseless and vowed to pu
IndiGo Q3 Profit Drops 78% Amid Operational Disruption
IndiGo's Q3FY26 net profit fell 78% to ₹550 crore due to flight cancellations and forex losses. Revenue rose 6% to ₹23,500 crore, but cost pressures persist with regulatory challenges ahead.
Union Budget 2026: Retail Sector Hopes for Progressive Reforms
As Union Budget 2026 approaches, the retail sector anticipates progressive reforms to boost growth. The real estate industry seeks policies addressing developer challenges and homebuyer needs.
Palladian Partners Forecasts Budget 2026 Focus on Affordability, Tax
Palladian Partners Advisory Ltd anticipates India's Budget 2026 will prioritize affordability measures, tax system alignment, and enhanced project funding to drive economic growth and stability.
Netflix Rejects Paramount Bid in Warner Bros Discovery Fight
Netflix has reportedly dismissed Paramount's acquisition bid as failing the 'sniff test' amid intensifying competition with Warner Bros Discovery. The streaming giant highlighted its strong balance sheet compared to Paramount's debt-heavy offer.
Akriti Chopra: The Woman Behind Zomato's New CEO Albinder Dhindsa
As Albinder Dhindsa prepares to become Group CEO of Eternal Ltd, Zomato's parent company, discover the story of his wife Akriti Chopra - the former Zomato CFO whose financial acumen helped build the food-tech giant from its startup days.
IndiGo Shares Fall 4% After Q3 Profit Drops Sharply
IndiGo's shares declined nearly 4% on the BSE after the airline reported a significant drop in Q3 profit to Rs 549 crore, reflecting market concerns over its financial performance amid operational challenges.
APL Apollo Q3 Results Impress, Stock Valuation High
APL Apollo Tubes reports strong Q3FY26 with record volumes and upgraded guidance, but the stock's 30% gain in a year and high P/E multiple suggest positives may be priced in.
Food Delivery Rethinks Speed Focus After 10-Minute Promise Removal
Food delivery platforms like Swiggy and Eternal are moving away from aggressive 10-minute delivery promises amid safety concerns, shifting focus to execution and consistency to attract customers.
Coforge Q3 Profit Rises 16% to ₹297 Crore
IT services firm Coforge announced a 16% year-on-year increase in consolidated net profit to ₹296.7 crore for Q3 FY26. Revenue grew 28.5% to ₹4,188.1 crore.
Suzlon Among World's Top 10 Most Sustainable Firms
Indian wind energy giant Suzlon Energy has been recognized as one of the world's top 10 most sustainable companies in a prestigious global ranking, highlighting its leadership in green energy and environmental stewardship.
Q3 Results: 50+ Indian Companies to Announce Earnings Today
More than 50 Indian companies, including major players like Adani Green Energy, IndusInd Bank, and Cipla, are set to release their Q3 FY26 results today, 23 January 2026, as per NSE and BSE calendars.
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