Months after announcing a global restructuring programme, Procter & Gamble Co. said it would be closing its operations in Pakistan. The Cincinnati-based firm stated in a statement that P&G Pakistan, which produces Tide detergent and other home products, will stop its manufacturing and commercial operations as well as
As the Indian IT giant reduces people in response to changing customer demands and increasing automation, IT juggernaut Tata Consultancy Services (TCS) is providing severance compensation of up to two years' salary to long-serving employees whose skills no longer match corporate needs. In an effort to become more flexible
On October 2, 2025, the Ministry of Electronics and Information Technology announced that more incentive applications had been submitted to the Electronics Component Manufacturing Scheme (ECMS) than the Union Cabinet had set as a goal. While the aim is just INR 59,350 crore, the IT Ministry has received applications
Ghazal Alagh, co-founder of Mamaearth and Chief Mama at Honasa Consumer Ltd., has cautioned entrepreneurs and business leaders that the real threat in 2025 isn’t artificial intelligence (AI) itself, but refusing to learn and adopt it. She highlighted businesses that ignore AI risk falling behind those that use it.
Simpl, a Bengaluru-based Buy Now, Pay Later (BNPL) fintech startup, has laid off approximately 100 employees following regulatory actions by the Reserve Bank of India (RBI). This move is part of a broader restructuring effort after the company was directed to halt its payment operations. RBI Orders Simpl to Cease
Elon Musk has made history again. The Tesla and SpaceX chief has become the first person in the world to cross a net worth of $500 billion, as reported by Forbes’ Real-Time Billionaires Index on 1 October 2025. The milestone cements Musk’s place as the richest individual on the
India’s startup and business ecosystem saw notable moves on 1st October 2025. GrowXCD Finance raised INR 200 crore for SME financing, Mishmash Naturals secured INR 2.4 crore in pre-seed funding, LG Electronics India prepares for its INR 11,600 crore IPO, Zomato and Swiggy launched food health scores,
In an effort to decrease expenses and adjust to new technology, the German airline firm Lufthansa has stated that it will lay off 4,000 employees by 2030, the majority of whom will be in Germany, according to news agency AFP. Rather than operational professions like pilots, cabin crew, or
Given that most of India is going cashless, will charging on UPI payments make Indians revert to cash? Can UPI not be free forever? Learn more.
SAG-AFTRA union hit the road with strikes as the creator of AI actors announced an AI production studio and a new AI talent agency (Xicoia). Also hinting at a Hollywood project...
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
The app promises ultra-realistic, cinematic and controllable videos with sound. OpenAI's new Social Media app joins...
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
Zerodha's profits dipped by INR 1,300 crore, and the overall numbers dropped by 15%. The warnings for FY26 look even worse…
Infra.Market, a top construction materials platform, posted FY25 revenue of INR 18,000 crore, EBITDA of INR 1,500 crore, and profit of INR 300 crore. After strong FY24 growth, the Bengaluru firm plans a INR 5,000 crore IPO via SEBI’s confidential filing route.
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
In a major agreement announced on 30 September 2025, pharmaceutical giant Pfizer has struck a deal with the Trump administration to lower the cost of prescription drugs sold to Medicaid, the U.S. government health programme for low-income Americans. Under the deal, Pfizer will match what is known as “most-favoured
India’s startup ecosystem continues to witness robust investor interest as funding rounds, leadership changes, and IPOs shape the market. This roundup highlights key developments from 30th September 2025, including enterprise messaging platform Fyno raising $4 million in a seed round, fintech startup Ignosis securing $4 million in pre-Series A,
* Raipur-based Mishmash Naturals is India’s first Ayurvedic beauty and self-care brand focused on children aged 3–14. * The funding will be used to expand their portfolio, invest in R&D and venture into UAE and other GCC markets where demand for certified-safe and natural children’s products continues
The Enforcement Directorate has searched six locations in Mumbai and Indore linked to Reliance Infrastructure and other ADAG firms over alleged FEMA violations. The probe focuses on loan diversions worth over INR 17,000 crore, with Anil Ambani already questioned and barred from traveling abroad.
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, "
India has approved Novo Nordisk’s Ozempic, a once-a-week injection for type-2 diabetes that also aids weight loss. With lifestyle diseases rising, experts call it a timely move that could reshape diabetes and obesity care in the country.
LG Electronics India is launching its much-awaited IPO on October 7, 2025. The INR 11,600 crore issue, priced at INR 1,080–INR 1,140 per share, will close on October 9. Entirely an Offer for Sale by the South Korean parent, the listing could make LG the top appliance maker on Indian exchanges.