Using the secret route, B2B manufacturing firm Zetwerk allegedly filed DRHP for its $450 Mn (approximately INR 4,200 Cr) IPO. In a pre-IPO investment round, the business aims to raise $50-60 millions. In the past, Zetwerk's public listing was guided by Mahindra Capital, Avendus Capital, JM Financial,
The majority of OnePlus's offline retail locations in India are about to close. A dramatic shift in the company's approach to the market has occurred as it adopts a direct-to-consumer (D2C) model based on doing business online. A number of partner-run exclusive stores around the nation
Jubilant FoodWorks, a restaurant franchise, recently told the exchanges that a portion of its store networks is experiencing a limited shortage of liquefied petroleum gas (LPG) cylinders. The brand is facing this limited shortfall due to the war in West Asia and its effects on the market. Dunkin' Doughnuts
Nokia is in the process of implementing a significant global restructuring that could result in the elimination of up to 14,000 positions on a global scale. As a result of the company's response to slowing growth and operational inefficiencies, India is anticipated to be one of the
Pine Labs, a prominent fintech company, was fined INR 3.1 lakh by the Reserve Bank of India (RBI) for noncompliance with regulations pertaining to PPIs. Officials from the central bank issued a statement saying they discovered Pine Labs broke PPI rules by giving out full-KYC PPIs without doing the
Google is about to power a data center in Texas that Anthropic has leased for a price tag in the multibillions. In the next weeks, Google is likely to confirm its support for the project. As part of this new arrangement, the firm may provide Nexus Data Centers, the site
KPMG's audit division in the United Kingdom has informed nearly 600 employees that their positions are at risk. The results of a redundancy consultation will determine whether or not affected employees are laid off. Up to 440 employees may leave the organization if the redundancy consultation goes ahead
As part of a reorganisation associated with the growth of its offshore businesses in Vietnam and India, National Australia Bank (NAB) is planning to eliminate approximately 170 positions. As part of a larger operational reset, the bank is reorganising its functions, which is leading to layoffs in the business banking
Apple is taking action in response to the exodus of talent to AI competitors. An unusual set of out-of-cycle bonuses has been paid to the hardware design team by the iPhone maker. This change is a direct reaction to the aggressive hiring practices employed by OpenAI and other artificial intelligence
As it grows its global competence centre in India, European fintech company Revolut aims to employ over 40% of its worldwide staff in the country by the year 2026. With 1,600 positions filled in its India centre through 2026, the company's workforce in the nation will reach
Hiring has been temporarily halted across multiple Microsoft businesses. Therefore, while the corporation increases its investment in AI, it is signalling a stricter control over expenses. The company's cloud business and North American sales teams are among the critical areas that have been told by executives in recent
A tax demand of INR 384 crore, including interest of INR 100 crore for the Assessment Year (AY) 2023-24, was imposed on Go Digit General Insurance by an Income Tax Order dated March 25, 2026. The majority of the changes are related to challenges that affect the entire sector. These
Moving Tech Innovations, the parent company of Namma Yatri, has expanded into the European market through the acquisition of Automicle, a mobility startup based in the Netherlands. No information on the deal's financial details was made public. The acquisition will allow the firm to expand its zero-commission mobility
Directors and other top staff will not be receiving wage increases from Salesforce this year. But it has chosen to increase bonuses and increase stock-based pay for those who perform really well. The change, detailed in an internal document, indicates a change in the way the organisation is compensating top
Meta reduces headcount while increasing spending on artificial intelligence and executive compensation in response to escalating technological competition. Even though it expects its expenditures to reach $169 billion by 2026, Meta has cut off almost 700 workers to speed up its investment in artificial intelligence. Amidst the company's
The shuttle service in Delhi NCR has been terminated by the ride-hailing company Uber. This action is in continuation of the previous year's shutdowns in places such as Hyderabad and Mumbai. Low ridership and expensive running costs are the factors behind Uber's decision. The company wanted
A 'Pay Later' option and real-time photos of fresh food were among the new in-app features released by the fast commerce platform Zepto on 24 March. A change in focus from rapid shipping to "behaviour-led commerce" is behind Zpeto's decision to make these changes.
Meesho launched their conversational voice assistant, "Vaani" (meaning "voice" in Hindi), on March 25th. The recent inclusion marks the goal of the firm to provide a real-time purchasing experience for people who like more natural, conversational encounters. This change represents a more systemic change in the
In order to focus on coding, reasoning, and enterprise AI solutions, OpenAI will shut down its Sora video app. In a change of focus toward core artificial intelligence technologies, OpenAI has announced on 24 March that it will shut down its Sora video-generation app. The business has promised to announce
As the popularity of its main game, Fortnite, continues to dwindle, Epic Games will be cutting costs by laying off over a thousand workers. There has been a massive reduction in the gaming industry's workforce as a result of this decision. So, even if flagship games are still
Reportedly, an Amazon facility in Bahrain was struck by an Iranian drone on 24 March, causing disruptions to Amazon Web Services in the area. In the continuing US-Iran confrontation, Amazon was bombed twice. The UAE was the site of an attack on an Amazon data centre on March 1. So
Harley-Davidson has started reducing its worldwide workforce through layoffs. Following the announcement of a precipitous drop in profits, the company made this daring move. Thus, indicating a more comprehensive rethinking of its commercial approach. On March 23, the corporation announced the layoffs, saying that they had informed some workers of
This year, OpenAI intends to increase its workforce by approximately 80% in order to better compete for enterprise customers. Positioned to benefit from the ever-changing artificial intelligence sector, this move will solidify OpenAI's position. By the end of 2026, the company's goal is to have increased
About fifteen people have lost their jobs as a result of Spotify's 3% reduction in its podcast workforce. The company is reorganising its operations in an effort to boost team collaboration and efficiency. Earlier this week, employees at Spotify Studios and The Ringer got laid off. Instead of