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
India Post rolls out 24‑hour and 48‑hour speed post services in six cities, ensuring fast, tracked deliveries for documents and parcels. The next phase by September 2026 will expand the service, aiming for nationwide coverage by 2027.
HDFC Bank shares fell sharply after Chairman Atanu Chakraborty resigned abruptly. The RBI confirmed no governance concerns, and Keki Mistry was appointed interim chairman, reassuring investors amid sudden leadership changes.
Shark Tank India judge and founder of Masters’ Union and Tetr College of Business, Pratham Mittal, made two investments on the Shark Tank India Season 5 Campus Special episode, backing two early-stage startups: Floreal and Two Words Away. Floreal, founded by Vanshika Mittal, a student of Lovely Professional University, is
Meta has refuted rumours that it intends to lay off as much as 20% of its employees. Consequently, it is denying rumours that the increase in spending on AI could have an impact on almost 15,000 jobs. The claim was hypothetical, according to a corporate spokesman who spoke with
As part of its reorganisation, Amazon has laid off some 16,000 workers. CEO Andy Jassy has hinted that the cloud sector could grow substantially in the next years thanks to artificial intelligence. Reductions in layers and complexity inside the organisation are being pursued through internal layoffs, as stated in
Contemporary innerwear and shapewear brand Pinq Polka has raised ₹4 crore in a Pre-Series A led by Inflection Point Ventures (IPV). The capital will be deployed to scale marketing for the brand’s shapewear category, strengthen its team, and support working capital requirements. Founded with the vision of building a
Assiduus Global Inc., an AI-powered middleware infrastructure platform for global digital commerce, announced the close of its $25 million Pre-Series B funding round led by Bajaj Finserv, one of India’s largest and most diversified financial services groups. Since its previous round, the company has quadrupled revenue, tripled valuation, and
The Indian startup ecosystem remained active on 18 March 2026, with multiple funding deals across QSR, fintech, AI, and enterprise SaaS sectors. Leading the day, Burger Singh raised ₹82 crore in Series B funding, while Weaver Services secured a massive ₹1,450 crore investment to strengthen its housing finance play.