Category : Industry


ASML Cuts 1,700 Jobs Amid Record Revenue and AI Demand

Dutch chip equipment giant ASML is eliminating 1,700 management positions, about 4% of its workforce, to streamline operations despite record €32.7 billion revenue. The company plans to create 1,400 new engineering roles as AI demand grows.

Nagpur Airport Traffic Below Peak Despite Growth

Nagpur airport handled 30 lakh passengers in FY 2025-26, a growth of 1 lakh from previous year, but remains 15% below its 35 lakh peak capacity. Expansion plans stalled amid GMR takeover delays.

Kerala Fireworks Factory Blast Kills 13 in Thrissur

A massive explosion at a fireworks manufacturing unit in Kerala's Thrissur district has claimed at least 13 lives and left many injured, with five in critical condition. The blast occurred amid heatwave conditions, destroying four sheds and causing widesp

Krishi Vaibhav 2026 Agricultural Fair in Thiruvananthapuram

Thiruvananthapuram will host the Krishi Vaibhav 2026 agricultural fair from May 15 to 19 at Putharikandam E K Nayanar Memorial Park, featuring farmers, FPOs, startups, and national agencies to eliminate intermediaries and promote direct market access.

Bengaluru's Two-Wheeler Surge: 1,400 New Bikes Daily

Bengaluru witnesses explosive growth in two-wheeler registrations, with 1,400 new bikes hitting roads daily. Two-wheelers now comprise 70% of city traffic, driven by high public transport costs and poor connectivity.

Ernakulam Storm Wreaks Havoc on Plantain and Nutmeg Crops

Severe winds in Ernakulam's Sreemoolanagaram have devastated plantain and nutmeg cultivation, with farmer Kunjavaran losing 2,000 plantains. Agriculture officials assess 400 nutmeg trees damaged, with compensation details for insured and uninsured farmers

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