Punjab MSMEs: Budget Focuses on Long-Term Growth, Not Populism
Industry leaders in Punjab react to Union Budget 2026-27, highlighting its balanced approach favoring fiscal discipline and structural reforms over short-term relief for MSMEs.
Category : Corporate News
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.
Railways Projects Rs 87,300 Crore Passenger Revenue in 2026-27
Indian Railways estimates passenger earnings at Rs 87,300 crore for 2026-27, a 9% increase over current RE, while freight revenue targets Rs 1.88 lakh crore. Minister Ashwini Vaishnaw highlights growth despite shortfalls.
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IndiGo Paid ₹22.68 Cr for December Flight Disruption Compensation
IndiGo spent ₹22.68 crore on passenger compensation and facilitation following massive flight disruptions in December 2025, with total airline compensation exceeding ₹24 crore.
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.
IndiGo to Pay Rs 25k for Curry Spill on Bengaluru Flight
A passenger on a Bangkok-Bengaluru IndiGo flight suffered curry spillage from overhead bin, leading to consumer complaint and Rs 25,000 compensation order by Bengaluru commission.
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.
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.
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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.
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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.
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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.
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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.
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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.
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