The initial round of layoffs at SpiceJet affected more than 500 workers. The low-cost airline is struggling with a decreasing fleet, increasing dues, and extended salary delays. The decision shows that the airline's financial situation is getting worse; it used to have roughly 50 planes, but today it
Shares of Tata Consultancy Services (TCS) declined around 2% after the company announced its Q4 FY26 results on April 9, 2026. While the company delivered stable margins and strong deal wins, investor sentiment remained cautious due to weak annual revenue growth and ongoing global uncertainty. The results highlight a clear
What Happens When Marketing Gives Up Control Most marketing campaigns are designed to control what people say. Firstly, the brief defines the narrative. Next, the format standardizes the output. And the metrics reward consistency. While this might work at a scalable level, it also makes all user-generated content start to
Indian startups on April 9, 2026, saw strong funding momentum led by Nava’s $22M raise, Pluckk’s ₹100 Cr funding, and Astranova Mobility’s ₹60 Cr round, alongside key updates from Zerodha, Delhivery, and Honasa.
Gold and silver prices in India closed lower on April 9, 2026, extending losses from the previous session amid profit booking and softer global cues. Domestic bullion tracked a mild pullback in international prices after recent highs, while a stable rupee limited sharp downside. MCX gold and silver futures remained
The purchases of Simtheory, an agentic workplace, and Ortto, a data and marketing automation startup, have been confirmed by Canva. This is the latest chapter in Canva's laser-like concentration on enterprise workflows, as the two Australian digital startups will expand their toolkit. The Canva team is thrilled to
TikTok plans to build a second data centre in Finland within the next year with a budget of one billion euros ($1.16 billion). Therefore, it is remaining committed to its goal of storing customer data locally in Europe. This comes after parent firm ByteDance’s January achievement in avoiding
The first big product from Meta's Superintelligence Labs effort, Muse Spark, is an artificial intelligence model designed for regular consumer use. A new version of Meta AI, accessible through the company's app and online interface, is now powered by the model, according to a public post
Various media outlets reported that Amazon was planning to lay off 14,000 workers in May, but the company has refuted the rumours. After cutting off 16,000 workers in January, a story went viral on April 8th saying that the corporation is about to lay off even more people.
Nava (formerly Kluisz), a cloud infrastructure company building GPU compute and AI data centres across Asia-Pacific, raised $22 million Series A funding led by Greenoaks, with participation from RTP Global and Unicorn India Ventures. This raise marks a significant step in Nava’s journey to build the foundational cloud infrastructure
* Built on a tech-enabled, asset-light model, DAAKit enables brands and sellers to deliver faster while scaling sustainably with strong unit economics * DAAKit plans to strategically deploy funds to accelerate growth and strengthen its capabilities * Since its inception, DAAKit has achieved consistent 15-20% growth in order volumes and revenue since inception,
On 8 April, a worldwide media site stated that Walt Disney is planning to lay off 1,000 people in the next several weeks. Since Josh D'Amaro became Disney's new CEO, this is the first significant round of layoffs. Plans for the impending Disney layoffs allegedly
Flipkart is speeding up its efforts to integrate AI into all aspects of its operations, shifting from planning to doing as it expands AI deployment throughout the company. The e-commerce company, which is owned by Walmart, is moving into a phase where artificial intelligence is no longer seen as experimental,
India’s startup ecosystem remained highly active on April 8, 2026, with funding spanning fintech, AI, defence tech, D2C, and EV mobility. The day was led by KreditBee entering the unicorn club with a $280 million raise, highlighting strong investor confidence in digital lending. Alongside, multiple early and growth-stage startups
Gold and silver prices in India on 8 April 2026 witnessed a sharp surge, reflecting strong global cues and shifting investor sentiment following a US-Iran ceasefire after weeks of conflict. The bullion market saw increased safe-haven demand even as easing geopolitical tensions pushed oil prices lower and weakened the US
Several hundred positions will be eliminated worldwide by Sony Pictures Entertainment. The move is part of the studio's ongoing reorganisation under the leadership of CEO Ravi Ahuja. Studio officials have been tight-lipped about the actual number of layoffs that will impact their film, television, and business divisions since
Between May and December of 2026, 120 workers in Orlando, Florida (US), would be let go by HCLTech's US division. As part of an engagement-based operational reorganisation, layoffs may be necessary. The first round of layoffs will start on May 29, 2026, and they will last until the
IAN Group, the country’s largest early-stage investment platform, has led a funding round in RoshAi through IAN Alpha Fund, the second in its series of VC funds. RoshAi is a deep-tech autonomy company building retrofit-based driverless solutions for industrial vehicles. The investment will support the company in strengthening its
Oracle will be laying off 710 workers in the San Francisco Bay Area and Santa Monica alone in California, USA. Layoffs will be implemented by 1 June 2026, as revealed in WARN paperwork submitted to the Employment Development Department of California in the United States. Redwood City, Santa Clara, and
KreditBee, India’s leading digital lending platform, has raised USD 280 million in its Series E funding round at a post-money valuation of USD 1.5 billion, marking its entry into the unicorn club and making it the first unicorn of FY27. The funding round was led by Motilal Oswal
The fresh capital will be deployed towards building an enterprise sales function, expanding the product and engineering team, and accelerating the company's path to product-led growth. Angoor AI, an AI-native Customer Interaction Platform that helps businesses automate their customer engagement across different platforms like WhatsApp, Calls, Shopify, Web,
Anika Dubey from Pune, Akanksha Gupta from Thane, and Vasundhara Nangare from Kalamb, three girls from different corners of Maharashtra, one shared mission under Kanga Kids, have cleared the SRFI Selection Round for the 33rd Asian Junior Individual Squash Championships in China.
GLAAS, an embedded credit infrastructure platform for MSMEs, is accelerating its ambition to build India’s leading credit layer for digital platforms, with Devesh Sachdev coming on board as Co-founder & Managing Director. Sachdev is a distinguished entrepreneur in financial services, having earlier founded Fusion Finance Limited, which he scaled