Gold prices in India remained under pressure on 21 March 2026, extending their recent decline, while silver recorded a sharper fall. The weakness comes after global cues, including the US Federal Reserve’s hawkish stance and a strong US dollar. Soft demand and cautious investor sentiment continue to weigh on
In an effort to "remain competitive", CBS News, a major American media company, will lay off 6% of its employees on March 20. Those affected employees will be contacted by the end of the day, according to the news network owned by Paramount Skydance Corporation. President Tom Cibrowski
Ola Electric Mobility Ltd is shifting funds that were supposed to go into innovation into paying off debt. Consequently, the electric-vehicle producer is under increasing pressure due to weakening sales and stalled financing efforts. The plan for using the INR 5,500 crore that the Bengaluru-based company raised in its
On March 20th, the anticipated demerger was informally approved by the board of directors of online travel provider Thomas Cook India (TCIL). This permission allows TCIL to demerge its resorts and resort management operations into Sterling Holiday Resorts Limited. The audit and independent committees have recommended the demerger and restructure
Alakh Pandey has entered the global billionaire list in 2026, with an estimated net worth of $1 billion, according to Forbes. The milestone follows a series of clear financial developments, including a strong IPO debut and steady revenue growth at Physics Wallah. His wealth is largely tied to his equity
Sriram Venkataraman, Flipkart's Group Chief Financial Officer (CFO), will be stepping down from his position on 19 March. The executive will stay on for a transition period to make sure everything stays the same. During this time, Flipkart's CFO Ravi Iyer will be in charge of
Surat emerged as the meeting point of India’s entrepreneurial leadership as CorporateConnections®️ India hosted BHAF 2026 – The Big Hairy Audacious Forum, bringing together over 250 prominent entrepreneurs and business leaders from across the country. The two-day flagship forum took place on 13–14 March 2026 at the Surat Marriott
The Indian startup ecosystem remained relatively quiet on 20 March 2026, with limited funding activity but notable developments in consumer, foodtech, and regulatory spaces. The day saw a small early-stage deal in the senior care segment, while major business news was driven by pricing changes, acquisition talks, and regulatory pressures.
Gold and silver prices in India continued to decline on 20 March 2026, extending the losses seen in the previous session. While gold remained under pressure near the ₹1.45 lakh mark, silver witnessed a sharper fall, reflecting higher volatility. The drop is largely driven by global cues, including a
Delhivery has appointed Ms. Neelam Dhawan as a Non-Executive Independent Director, effective March 20, 2026. Ms. Dhawan will also be designated as the Chairperson of the Board of Directors, effective April 1, 2026. She succeeds Mr. Deepak Kapoor, who is stepping down from the Board of Delhivery after a tenure
Global beauty giant L’Oréal is reportedly in advanced discussions to acquire a majority stake in Indian beauty and personal care startup Innovist. The deal is expected to value the Gurugram-based company between $350 million and $450 million, according to multiple media reports. If finalised, this would mark a significant
April will see a new round of layoffs at Goldman Sachs. As part of regular performance assessments, the corporation is increasingly focusing on staff who are not meeting expectations. Separate from the bank's yearly workforce reduction effort, these changes are anticipated to impact a modest number of staff.
Just weeks after laying off over 4,000 workers, the Jack Dorsey–led Block has rehired a handful. The company's recent layoffs may indicate a need for rebalancing its operations. A large number of employees were laid off when the fintech company announced massive layoffs last month. Nevertheless,
Snapdeal and Titan Capital Co-Founder, Kunal Bahl, recently shared a sharp warning on LinkedIn about the future of tech careers. He said the real threat isn’t AI itself, but people who know how to use it better. “The biggest threat to your tech career isn't AI. It’
OpenAI is planning a desktop super app that will combine ChatGPT, Codex, coding tools and an AI browser into one platform, aiming to simplify workflows, reduce app switching, and boost productivity with more advanced AI capabilities.
A 12% staff reduction was revealed by cryptocurrency exchange Crypto.com on March 19th. A trend observed across corporate sectors, layoffs are a component of the company's efforts to incorporate artificial intelligence into its operations. “We are joining the list of companies integrating enterprise-wide AI. Companies that do
India’s casino and gaming company, Delta Corp, has come under regulatory pressure after receiving a massive tax demand notice of ₹1,752 crore from the government. The development has triggered concerns among investors and led to a sharp reaction in the company’s stock price. Government Issues ₹1,752
As part of a larger effort to reduce costs, Ubisoft has begun laying off more than 100 staff from its Red Storm Entertainment unit and offering them severance benefits. Several news outlets have reported that Ubisoft's continued global savings plan is causing the North Carolina-based studio to consider
A unit of the Income Tax (IT) Department has sent a tax demand notice to PhysicsWallah (PW) for a sum of INR 263.3 crore. The business announced the ruling in a filing with the stock market, citing Section 143(3) of the Income Tax Act as the basis for
The Indian startup ecosystem remained active on 19 March 2026, with steady funding across AI, healthtech, robotics, and consumer brands. The day was led by Assiduus Global’s $25 million raise, while early-stage deals continued to dominate overall activity. Healthtech and AI-driven platforms saw strong traction, alongside growing interest in
Gold and silver prices in India moved lower on March 19, 2026, tracking weak global cues. While gold saw a mild decline and hovered near ₹1.46 lakh per 10 grams, silver witnessed a sharper fall during the day. The drop comes as a strong US dollar and a hawkish
IAN Group, the country’s single largest early-stage investment platform, has invested in Rymo Technologies, a robotic neuro-rehabilitation startup, in its seed funding round of over INR 10 crore, through its evergreen fund, IAN Angel Fund, with participation from other angel investors. The fresh capital will be used to accelerate
The ICICI Prudential Life Insurance joint venture between Prudential and ICICI Bank is looking to be wound down. The listed insurer is majority-owned by ICICI Bank (50.95% stake) and has a 21.93% stake from Prudential Corporation Holdings Ltd, an indirect wholly owned subsidiary of Prudential Plc of the
As it speeds up an AI-led transition, HSBC is considering a new round of layoffs that would impact up to 20,000 positions, or about 10% of its worldwide workforce. The suggested cuts, which are still being evaluated, would mostly affect administrative and middle-level tasks. Therefore, this marks a more