TVS SCS Acquires Swamy & Sons 3PL in Rs 88 Crore Deal
TVS Supply Chain Solutions has acquired Hyderabad-based Swamy & Sons 3PL for Rs 88 crore, expanding its warehouse portfolio by 4 million sq ft in the FMCG and FMCD sectors.
Category : Corporate News
IndiGo's Rs 10 Crore CSR for Srikakulam Temple Beautification
IndiGo Airlines, under Union Minister Kinjarapu Rammohan Naidu's initiative, allocates Rs 10 crore CSR funds for Kurmanatha Swamy Temple development in Srikakulam, focusing on infrastructure and spiritual ambiance.
US Yields Climb as Fed Holds Rates, Flags Sticky Inflation
US Treasury yields advanced after the Federal Reserve kept interest rates unchanged, citing persistent inflation and a stabilizing labor market, with dissent favoring a rate cut.
APPTD Union Hails RTC MD's Move to End Promotion Deadlock
The APPTD Employees Union has welcomed instructions from RTC MD Ch Dwaraka Tirumala Rao that are expected to resolve promotion issues stalled since 2020 due to seniority disputes, potentially benefiting thousands of employees.
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Amazon Cuts 16,000 Jobs in Corporate Restructuring
Amazon lays off 16,000 corporate employees as part of operational streamlining. The company offers 90-day internal job search and severance packages to affected US staff.
I-T Raids on Vasant Gajera Premises Over Choksi Links
Income Tax department conducts searches on 30 premises linked to diamond businessman Vasant Gajera in Surat over alleged business connections with fugitive Mehul Choksi in PNB fraud case.
Amazon Grocery Struggles: Fresh and Go Stores Shut Down
Amazon is closing its Amazon Fresh and Go stores, raising questions about whether the tech giant has learned anything from its Whole Foods acquisition about physical retail and the food business.
Intel Matches $1,000 Trump Accounts for US Employee Children
Intel announces matching contributions to Trump Administration's $1,000 child savings program for US employees' children, strengthening government-corporate partnership in workforce investment.
Tim Cook Faces Backlash Over White House 'Melania' Screening
Apple CEO Tim Cook confronts intense criticism from employees, political figures, and online critics after attending a private White House screening of 'Melania' following a Border Patrol shooting incident.
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Dibrugarh Postal Workers Stage Dharna for Fair Pay, End to Harassment
Hundreds of Gramin Dak Sevaks protested in Dibrugarh, demanding inclusion in 8th Pay Commission, end to harassment, and halt to rural post office closures affecting essential services.
IndiGo CEO: 3-Day Disruption Doesn't Define 20 Years
IndiGo CEO addresses December operational disruptions, emphasizing that three challenging days cannot overshadow the airline's 20-year legacy of service and reliability in Indian aviation.
ONGC Eyes ExxonMobil Partnership for Oil & Gas Blocks
State-run ONGC is in talks with ExxonMobil for joint bidding in India's upcoming hydrocarbon block auctions, while also focusing on east coast exploration and resource-sharing with Reliance Industries.
L&T Q3 Order Inflow Hits Record ₹1.36 Trillion
Larsen & Toubro reports highest-ever quarterly order inflow of ₹1.36 trillion in Q3 FY26, driven by domestic private capex revival and international orders, crossing ₹7 trillion total order book for first time.
Never Say Die: Shripal Morakhia's Unfiltered Business Journey
Shripal Morakhia's memoir Never Say Die breaks from typical business success stories, offering an honest look at ambition, failure, and resilience in building Sharekhan and Smaaash.
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ED Attaches Rs 1,800 Crore Reliance Group Assets
Enforcement Directorate attaches fresh Rs 1,800 crore assets of Reliance Group companies, bringing total attachment to Rs 12,000 crore. RCom and group companies have Rs 40,185 crore outstanding loans from 2010-2012.
TVS Motor Q3 Profit Jumps 46% to Record ₹891 Crore
TVS Motor Company reports record Q3 profit of ₹891 crore, up 46% YoY, driven by strong premium motorcycle and scooter sales. Company expects momentum to continue with focus on international expansion and EV growth.
Amazon to Cut 16,000 Jobs Worldwide in Next 3 Months
Amazon announces 16,000 job reductions globally as part of restructuring efforts, with layoffs affecting AWS, retail, and HR units while maintaining investments in AI and strategic growth areas.
Amazon Announces 16,000 Job Cuts Worldwide
Amazon has announced a fresh round of layoffs, cutting 16,000 jobs worldwide as part of its ongoing restructuring efforts to streamline operations and reduce costs.
NASSCOM Seeks ESOP Tax Relief, Data Centre Clarity in Budget 2026
NASSCOM has submitted key recommendations for Union Budget 2026, advocating for tax relief on Employee Stock Ownership Plans (ESOPs) and clearer regulations for data centre infrastructure to boost India's technology industry growth.
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BEL Q3 Revenue Jumps 23.7%, Order Book Strong at Rs 73,015 Cr
Bharat Electronics Limited (BEL) announced robust Q3 FY25-26 results with 23.7% revenue growth to Rs 7,122 crore and strong order book of Rs 73,015 crore, reflecting steady defence and non-defence demand.
Amazon Lays Off 16,000 More, Total Cuts Reach 30,000
Amazon announces 16,000 additional corporate job cuts, bringing total layoffs to 30,000 in three months. CEO Andy Jassy cites AI investment and operational efficiency as reasons behind the historic workforce reduction.
Amazon Cuts 16,000 Jobs in Second Major Layoff Round
Amazon announces 16,000 job cuts worldwide in its second major layoff round in three months, restructuring after pandemic-era hiring and expanding AI adoption.
Amazon's Email Error Sparks Layoff Fears in AWS Division
Amazon accidentally sent an internal email about organizational changes and impacted staff to AWS employees, marked 'canceled,' adding uncertainty as the company prepares for more job cuts.
Amazon Cuts 16,000 Jobs Globally Amid AI Push
Amazon slashes 16,000 jobs worldwide in second major layoff round in three months, restructuring after pandemic-era over-hiring while expanding AI adoption.
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Amazon to Cut 16,000 Jobs in Second Layoff Round
Amazon plans to eliminate 16,000 positions in its second major layoff round within three months, driven by AI expansion and cost optimization strategies.
Amazon Cuts 16,000 Jobs Globally in Restructuring
Amazon has announced a significant workforce reduction, cutting 16,000 jobs globally as part of a broader restructuring effort. This move follows earlier layoffs and reflects ongoing adjustments in the tech giant's operations amid economic challenges.
EY Budget 2026: Capex Hike in Defence, Tech; 4% Fiscal Deficit
EY's Union Budget 2026 analysis recommends increased capital expenditure in defence and advanced technology sectors while targeting a fiscal deficit of 4% of GDP, despite revenue shortfall concerns.
Disney's Four-Step Revival Plan for Next CEO to Boost Stock
Barron's outlines a strategic roadmap for Disney's incoming CEO to address stagnant stock growth, focusing on streaming profitability, box-office hits, ESPN transformation, and theme park expansion.
FICCI Survey: 80% Businesses Bullish on India Growth Outlook
FICCI's Pre-Budget Survey 2026-27 reveals 80% of Indian corporates remain positive about economic growth, with key expectations on employment, infrastructure, and export competitiveness ahead of Union Budget.
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Maruti Suzuki Misses Profit View on One-Time Charge
India's leading car manufacturer Maruti Suzuki reported quarterly profit below expectations due to a one-time charge, despite robust domestic sales growth of 22% driven by tax cuts.
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