Wage Stagnation, Inflation Push Noida Workers to Brink
Noida's April 10 protests erupted as workers demanded higher wages amid stagnant pay and rising costs, highlighting deep-seated economic pressures.
Category : Corporate News
Maharashtra govt okays MSEDCL debt takeover, IPO plan
The Maharashtra government approved a financial restructuring of MSEDCL, including taking over Rs 32,679 crore debt, demerging its agriculture business, and planning an IPO for the non-agriculture arm.
Battery Deal May Transform Global Energy Storage
A groundbreaking battery deal between major energy companies promises to revolutionize energy storage, potentially reshaping the global energy landscape and accelerating renewable adoption.
Delhi CM Orders Mass Transfer at Trade Taxes Dept
Delhi Chief Minister Arvind Kejriwal has ordered a mass transfer of officials in the Trade and Taxes Department following reports of irregularities and corruption.
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Steel Stock in Focus on Supply Agreement Execution Updates
A steel stock is in focus following updates on the execution of a supply agreement. Check the latest share price and other key details about the company and its recent developments.
New Labour Codes 2025: Impact on Salary and Allowances
The new labour codes 2025 may alter take-home salaries and tax-exempt allowances like children's education and hostel fees. Employers might restructure CTC packages during appraisals.
Infosys Shares Fall Despite Q4 Profit Beat; Outlook Mixed
Infosys shares fell 3.72% despite a 21% profit rise in Q4. FY27 revenue guidance of 1.5-3.5% growth disappointed. Brokerages have mixed views, with target prices ranging from Rs 1,235 to Rs 1,550.
KPMG cuts 10% of US audit partners after retirement push fails
KPMG plans to cut about 10% of its US audit partners, affecting several dozen individuals, after voluntary retirement efforts failed. The move is part of a multiyear restructuring strategy to align workforce size with business needs.
Revenue Crosses $20 Billion with 3.1% Growth in FY26
The company's revenue surpassed $20 billion in FY26, posting a resilient 3.1% growth in constant currency, driven by strong performance across key segments.
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Everise Leader in Healthcare CX Management Peak Matrix 2026
Everise has been recognized as a Leader in Everest Group's Healthcare Customer Experience Management Peak Matrix 2026, highlighting its innovative solutions and patient-centric approach.
Infosys Q4 Results 2026: Net Profit Up, Dividend Declared
Infosys reported a rise in Q4 net profit for 2026, announced a dividend with record and payment dates. ADR and share prices on NSE, BSE reacted positively.
Mysuru's Dr Rajkumar Road Work Starts After 20+ Years
After more than two decades, construction has finally commenced on a key stretch of Dr Rajkumar Road in Mysuru, aiming to ease traffic congestion and improve connectivity.
Infosys Shares Fall 6% on FY27 Revenue Guidance Miss
Infosys shares dropped 6% in NYSE trade after forecasting FY27 revenue growth of 1.5%-3.5%. The company reported strong large deal wins and plans to hire 20,000 freshers in FY27.
Heineken India Revenue Grows Low Single Digit in Q1
Heineken India reported low single-digit revenue growth in the March quarter, driven by premium brand performance and market expansion.
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Nike to Cut 1,400 Jobs in Efficiency Push
Nike announces plans to cut approximately 1,400 jobs as part of an efficiency push, aiming to streamline operations and reduce costs amid ongoing struggles.
Mihan Residents Protest High Water Tariffs, Seek Slab System
Residents of Mihan, Nagpur's IT hub, complain of high flat-rate water tariffs and lack of basic services, contrasting with NMC's slab-based billing.
Premji Invest, NewEra Hospitals Invest to Expand in Nagpur
Premji Invest and NewEra Hospitals announce an investment to expand the hospital chain in Nagpur, increasing bed capacity from 350 to 800 and launching three new hospitals.
Nagpur power demand hits record 821 MW, grid under stress
Nagpur's power demand soared to an unprecedented 821 MW due to heatwave, surpassing last year's peak. Grid stress causes outages; MSEDCL says stability expected after May 1.
Nagpur Raid Uncovers Rs 1,700 Crore Tax Evasion in Supari Trade
Income tax raids on supari trading firms in Nagpur uncovered tax evasion of nearly Rs 1,700 crore, with one firm involved in Rs 1,300 crore. The groups will pay 60% tax, exceeding Rs 1,000 crore.
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Rs 100 Crore Undisclosed Foreign Assets Found in Nagpur
Income Tax department uncovers unreported foreign assets worth Rs 100 crore held by 60 individuals in Nagpur, including shares and deposits.
Trade Delegation Meets Omar Abdullah on Industry Issues
A trade delegation met former Jammu and Kashmir Chief Minister Omar Abdullah to discuss industry-related issues, including power tariffs, raw material supply, and policy support for business growth.
Warner-Paramount $111B Merger Gets Shareholder Approval
Warner Bros. Discovery shareholders approved the $111 billion sale to Paramount, reshaping Hollywood. The deal faces regulatory reviews and opposition from industry professionals and lawmakers.
India as Long-Term Defence Partner: Rajnath to German Firms
Defence Minister Rajnath Singh invites German companies to invest in India's defence sector, highlighting reforms and opportunities for collaboration.
Former Chandigarh MC Accountant Got Rs 9 Crore: Police
Chandigarh police revealed that a former accountant of the municipal corporation received Rs 9 crore in illegal payments. Investigation ongoing.
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Mandi Road Widening Stalls Despite Approvals
Delhi's Mandi Road widening project, approved years ago, shows no progress. Residents face daily traffic chaos, narrow stretches, and lack of basic infrastructure.
PRTC adds 250 new buses, recovers 33,000 km daily deficit
Punjab Roadways adds 250 new buses in April, recovering 33,000 km of daily missed routes. Revenue up by Rs 1 lakh, with more improvements expected.
Chatra Hospital Staffer Admits Taking Rs 2,500 for Postmortems
A hospital staffer in Chatra admitted taking Rs 2,500 for postmortem exams, citing lack of funds. The probe reveals systemic issues, with staff forced to charge families.
WeGo Expands Bangalore Office in Major India Push
WeGo, the travel and experiences platform, announces a significant expansion of its Bangalore office, signaling strong commitment to the Indian market and regional growth.
Infosys Q4 Net Profit Rises 20.8% to Rs 8,501 Crore
Infosys reported a 20.8% rise in Q4 net profit to Rs 8,501 crore, driven by strong demand in digital services and robust client additions.
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Oil Firms Lose Rs 20 on Petrol, Rs 100 on Diesel; No Price Hike
Government confirms oil companies are losing Rs 20 per litre on petrol and Rs 100 on diesel, but no fuel price hike is planned. A tax on fuel exports aims to prioritize domestic supply.
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