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According to Business Insider, former Google CEO Eric Schmidt has expressed concerns about the expanding trend of flexible employment once more, stating that it may be eroding the tech industry's competitive advantage. Schmidt said in an interview with the "All-In" podcast that working from home hinders
The government of India is supporting a new competitor in the texting space. Union Education Minister Dharmendra Pradhan promoted Arattai, a native messaging software created by Chennai-based Zoho Corporation, as a WhatsApp substitute that is built in India, to the public recently. Pradhan highlighted Arattai's domestic origins by
Hindustan National Glass & Industries Limited (HNGIL), India's former largest container glass manufacturer, has been formally acquired by Independent Sugar Corporation Limited (INSCO), a division of the Madhvani Group, based in Uganda, under the Insolvency and Bankruptcy Code (IBC) process. INSCO was able to acquire complete control of
According to various media reports, WeWork India, a prominent co-working company, is preparing to conduct its initial public offering (IPO) on October 3. With an estimated price range of INR 615 to INR 648 per share of face value INR 10 each, the issue size is estimated to be close
The UK government will support Jaguar Land Rover with a £1.5 billion ($2 billion) loan to alleviate the burden on suppliers caused by the automaker's production stop, which was brought on by a cyberattack. The government announced on 27 September that the loan, which will be given
On September 26, HDFC Bank Limited declared that the Dubai Financial Services Authority (DFSA) had formally instructed its Dubai International Financial Centre (DIFC) office to restrict the onboarding of new customers. The DIFC branch is prohibited from approaching or doing business with new clients who have not finished the onboarding
The Tata Group's premier financial services company, Tata Capital, moved one step closer to its massive initial public offering (IPO) on September 26 when it submitted its red herring prospectus to the bourses and Sebi. According to an exchange disclosure, the offer includes a new issue of up
One of the biggest layoffs in Germany's automotive industry, Bosch plans to eliminate 13,000 positions as the sector struggles with low demand, overcapacity, and growing competition from China. The largest auto supplier in the world announced on 25 September that all of the layoffs would be made
Starbucks announced on 25 September that it is cutting off 900 non-retail workers and closing hundreds of outlets across the United States, Canada, and Europe in order to concentrate more of its resources on a turnaround. The massive coffee chain from Seattle said that store closures will begin right away.
As it prepares for significantly slower growth in fiscal 2026, Accenture is laying off employees, selling off assets, and restructuring some aspects of its company. This highlights the growing burden on the global IT industry despite ongoing investments in cloud and artificial intelligence. CEO Julie Sweet stated on the company&
According to a report released on 25 September, the Reserve Bank of India's monetary policy committee (MPC) is expected to keep the repo rate at its current level in its October review, taking into account the favourable effects of the GST reforms on demand, the stronger-than-expected Q1 FY26
In an effort to establish the nation's first international phone brand, London-based smartphone manufacturer Nothing, which is well-known for its transparent device designs, is increasing investments in India and focusing on young people in the most populous country in the world. On September 25, the unicorn firm revealed
According to state minister TRB Rajaa, Reliance Consumer Products Limited will invest INR 1,156 crore to establish an integrated manufacturing facility in Tamil Nadu. The plant will be established in SIPCOT Allikulam Industrial Park in Thoothukudi, Tamil Nadu, the State Industries Minister wrote in a post on X. Over
Elon Musk's X Corp filed a case challenging the power of government officials to impose information blocking orders, but the Karnataka High Court dismissed it on 24 September. The court ruled that social media must be regulated, especially when it comes to offences against women, since failure to
A new gold coin incentives feature has been introduced by Paytm (One 97 Communications Limited) for all transactions conducted through its platform, including bill payments, recurring payments, online purchases, money transfers, recharges, and Scan & Pay. Credit card and RuPay credit card payments made through UPI receive double gold coins,
New settlement cycles have been announced by the National Payment Corporation of India. Recently, the new UPI (Unified Payments Interface) cycles for both authorised and contested transactions were revealed. For RTGS customers, who previously had to exercise caution when transacting, the revisions are welcome news. Currently, UPI uses RTGS to
Bharat Electronics Limited (BEL) and Larsen & Toubro (L&T) have partnered strategically to support the Indian Air Force's Advanced Medium Combat Aircraft (AMCA) development. The consortium intends to respond to the Government of India's (GoI) Aeronautical Development Agency's notice of expression of
Jio BlackRock and Paytm Money, the wealth tech division of the fintech titan Paytm, have partnered to introduce a new AI-powered systematic active equity (SAE) fund for individual investors. The financial giant said in a statement that Paytm Money will only provide Jio BlackRock flexi cap fund subscriptions. On September
Two significant US firms have promoted executives of Indian descent to their top leadership positions at a time when the country is embroiled in intense controversy over President Donald Trump's decision to charge a $100,000 fee for new H-1B visa applications. Molson Coors Beverage Company has announced
According to sources cited by Reuters, the tech consulting business Accenture has revealed plans to open a new campus in the southern Indian state of Andhra Pradesh. Over time, the company hopes to add some 12,000 new jobs to its Indian workforce. Moreover, over 300,000 of Accenture'
Swiggy, a meal delivery and fast grocery platform, announced that its board has authorised the process of selling and transferring its rapid commerce (q-commerce) business, Instamart, through a slump sale to Swiggy Instamart Pvt Ltd, an indirect, step-down, fully owned subsidiary. According to the stock filing, on September 23, 2025,
According to reports, the National Payments Corporation of India (NPCI) is working on enabling customers to convert their payments into EMIs in an effort to further boost the adoption of the Unified Payments Interface (UPI). According to the Economic Times, the payments authority will permit fintech firms to incorporate the
Oracle replaced Safra Catz, who played a key role in developing the company's cloud strategy and propelling it to the forefront of the ongoing AI boom with significant contract wins, with insiders Clay Magouyrk and Mike Sicilia as co-CEOs on September 22. During her 11 years in charge,
Given the intense competition and its late entry into the race to produce the most cutting-edge chips, India's chances of becoming a big player in the global chip industry are slim. A worldwide competition for semiconductor self-reliance started in 2022 when the United States limited exports of its