In an effort to increase bank loan availability for both individuals and businesses, the Reserve Bank of India (RBI) recently announced a number of significant measures. In addition to loosening limitations on lending against shares and debt securities, the central bank has chosen to permit banks to finance acquisitions by
According to multiple media reports, Adar Poonawalla, the CEO of Serum Institute of India, was in negotiations with Diageo Plc, the owners of Royal Challengers Bengaluru (RCB), to potentially purchase the Indian Premier League's (IPL) 2025 champion. Whether Diageo Plc intends to sell all of its shares in
According to numerous sites, Elon Musk's companies—Tesla, xAI, and social media platform X—are seeing a number of top departures. According to Reuters, Tesla lost a number of senior officials in 2024, including its chief information officer, head of US sales, and executives in charge of the
Even as fine-dining restaurants modify their menus to satisfy the growing demand for healthier cuisine, food delivery services Zomato and Swiggy have added health-focused ratings—"health scores" and "protein drops"—amid mounting scrutiny over food quality. In an X post, Zomato creator Deepinder Goyal stated, "
Based on robust growth in the June quarter and the implementation of GST reforms, EY increased India's real gross domestic product (GDP) forecast for the fiscal year 2025–2026 (FY26) from 6.5% to 6.7%. EY stated in its 'Economy Watch' report for September 2025
After nearly nine years, Emma Walmsley, the CEO of GSK Plc, is leaving her position. Luke Miels, the chief commercial officer of the British pharmaceutical company, will take over as CEO. After working for other large European pharmaceutical companies, Miels joined GSK in 2017 and is now in charge of
In just three months, Accenture has secretly reduced its workforce by almost 11,000 workers, and the axe may not be hanging down anytime soon. The mammoth consulting firm is currently undergoing a comprehensive transformation aimed at equipping it for a future in which artificial intelligence—rather than human consultants—
For many years, Indian depositors looking for security and stability turned to fixed deposits (FDs). It was common practice to roll over FDs at maturity because it was thought that these investments yielded consistent returns. However, this strategy is being questioned in the current financial environment. The yields on top
Under the Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) programme, the Ministry of Heavy Industries (MHI) has released the operating rules for the installation of EV public charging stations (EV PCS). Under the PM E-Drive programme, the government had set aside INR 2,000 crore to
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,