The reappointment of trustee Mehli Mistry, whose term expires on October 28, is unlikely to be approved by Tata Trusts chairman Noel Tata, vice chairman Venu Srinivasan, and Vijay Singh, several persons close to the issue informed ET. On 27 October, the trustees may communicate their choice. This week is
In an exchange statement on 25 October, Ola Electric Mobility stated that the board had authorised funding up to INR 1,500 crore through the issuance of securities. A plan to raise money through the issuance of shares or convertible securities, including warrants, through rights issues, qualified institutional placements, private
According to officials, starting in December, green taxes would be collected from cars travelling from other states to Uttarakhand. Officials say the decision is intended to keep the state clean, safeguard the environment, and limit pollution. This tax will start to be collected in December. ANPR Cameras to Act as
In a pre-IPO (initial public offering) funding round, billionaire investor Radhakishan Damani, the creator of Avenue Supermarts (DMart), spent approximately INR 90 crore in eyewear retailer Lenskart Solutions, according to a report by ET. The investment is made in advance of Lenskart's IPO, which is anticipated to go
As it ramps up production of Apple AirPods, Foxconn Interconnect Technology (FIT), Hyderabad, a fully owned subsidiary of Taiwanese contract maker Foxconn, plans to increase its workforce and production lines over the course of the next six to eight months, as reported by ET. In April, the Kongara Kalan factory
The Economic Times reported that Google, a prominent US tech company, has leased over 617,000 square feet of office space at Atrium Place in Gurugram, one of the biggest office space agreements of 2025. The building, which was created in collaboration with DLF and Hines, represents Google's
On October 25, Reliance Industries declared that Reliance Intelligence Limited, its wholly owned subsidiary, has formed a new business, Reliance Enterprise Intelligence Limited (REIL), as part of a joint venture with Facebook's Indian division. The unit, which will concentrate on creating, promoting, and disseminating enterprise AI services, has
The Washington Post reported on 25 October that Indian officials allegedly droughted and approved a plan in May to redirect approximately $3.9 billion in investments from the state-owned insurer to Adani Group enterprises. The Life Insurance Corporation of India (LIC) refuted the claims. The claims were deemed "false&
Tech giants and startups are filling the void left by Meta's announcement that it will lay off 600 workers from its AI business. Among them is Sudarshan Kamath, an Indian entrepreneur and the creator of Smallest AI. The US-based businessman said on X that his organisation will appoint
The Chief Minister's Office (CMO) announced on 23 October that mining behemoth Vedanta Group plans to invest an additional INR 1 trillion in Odisha, generating over 100,000 direct and indirect job opportunities. The group has already made comparable investments in the state through a number of projects.
The Economic Times reported that nine gateway earth stations will be established in key Indian cities, including Mumbai, Noida, Chandigarh, Hyderabad, Kolkata, and Lucknow, by SpaceX's satellite internet service, Starlink. The opening of Starlink's satellite internet services in India will be aided by these stations. Through
In an attempt to expedite decision-making and speed efforts to restore the declining discount retailer's client base, Target said on October 23 that it is laying off roughly 1,800 corporate personnel. According to a corporate representative, the company intends to eliminate roughly 800 open positions and is
Days before Mehli Mistry's three-year tenure is to get over, Tata Trusts has suggested re-appointing him as a lifetime trustee, according to a PTI report on 23 October. On October 28, Mistry's tenure at the Sir Dorabji Tata Trust and Sir Ratan Tata Trust, the two
In response to US President Donald Trump's extensive immigration crackdown, Tata Technologies, an Indian provider of engineering services, announced that it will hire more locals in the US. In an effort to protect Americans from wage competition from overseas, the Trump administration intends to impose a high cost
To expedite the process of content removal by digital intermediaries, the IT ministry (MeitY) announced changes to the IT Rules, 2021 on 22 October. The new regulations, known as the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2025, establish senior-level accountability and provide detailed guidelines for
A spokeswoman confirmed to CNBC on 22 October that Meta will lay off some 600 workers in its artificial intelligence division as part of its efforts to streamline operations and cut layers. Alexandr Wang, the company's chief AI officer, who was brought on board in June as part
Brian Chesky, the Chief Executive of Airbnb Inc., stated that the company's online travel app was not yet integrated with OpenAI's ChatGPT due to the startup's connective tools not being "quite ready". In an interview, Chesky stated that Airbnb will keep an
The biggest telecom provider in India by market share, Jio Infocomm Ltd., has no imminent plans to raise mobile phone rates, defying market predictions. Instead, it wants to increase revenue by encouraging users to use more data. Contrary to market predictions, Reliance Jio Infocomm Ltd, the largest telecom provider in
One of the biggest employers in the US, Amazon, is getting ready for a significant change in the way it manages its warehouses. Roughly over the next ten years, the firm plans to replace roughly half a million jobs with robots, according to internal documents and interviews that The New
Alphabet's market value plummeted by $150 billion on 21 October as a result of OpenAI's release of ChatGPT Atlas, an AI-powered web browser. This was one of the biggest one-day market reactions to a tech product launch this year. A mysterious six-second movie showcasing browser tabs
For the fiscal year 2024–2025, Microsoft Corporation Chief Executive Officer Satya Nadella received a pay increase to $96.5 million, the biggest since taking over the position more than ten years ago. According to Bloomberg, the board credited the rise to the business's advancements in artificial intelligence
After the implementation of a new US regulation that charges a substantial $100,000 cost for each new H-1B visa petition, the US retail giant Walmart Inc. has halted making job offers to applicants who need sponsorship for an H-1B visa, Bloomberg reported on 22 October. Given the dramatic increase
Shares of Warner Bros. Discovery (WBD) rose 10% in morning trade after the firm announced on 21 October that it is broadening its strategic examination of the business and is open to a sale. WBD declared earlier this year that it will divide into two distinct companies: a worldwide networks
The proposed purchase of a portion of JB Chemicals and Pharmaceuticals by Torrent Pharmaceuticals Ltd. was approved by fair trade regulator CCI on 21 October, contingent on voluntary changes made by the parties. The move followed Torrent Pharmaceuticals' announcement in June of this year that it would pay INR