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.
Gold and silver prices in India remained largely stable with a slight downward bias on March 18, 2026, reflecting mixed global cues and cautious investor sentiment. As per the latest data, 24K gold is trading around ₹15,236-₹15,341 per gram (₹1.52-₹1.53 lakh per 10 grams)
The online travel industry continues to evolve as travelers demand faster, smarter, and more intuitive ways to book flights. In this shifting landscape, Hipmunk has re-entered the market with a renewed focus on simplifying the flight booking experience. Once known for its innovative approach to travel search, Hipmunk aims to
There is still no indication that Anthropic and the US government can mend their strained relationship. A top US defence official has revealed that the Pentagon is currently engaged in the process of developing alternative technologies to those of the Anthropic. The Trump administration had already deemed the AI firm
Indian QSR chain Burger Singh has raised ₹82 crore in a Series B funding round, valuing the company at around ₹520 crore. The fresh capital comes at a time when the brand is scaling rapidly across India, especially through its franchise-led expansion strategy. The round saw participation from a mix
By 2029, Karnataka intends to have established 500 new global capability centres (GCCs), which will help to speed up the development of jobs and solidify its status as a hub for global technology. Approximately 3.5 lakh jobs and approximately $50 billion in economic production are anticipated to be generated
India’s stock market calendar for March 2026 has created some confusion among investors, especially as major festivals like Gudi Padwa, Ugadi, Eid and Chaitra Navratri fall within the same period. However, the trading schedule remains largely unchanged, with only a few official holidays. Here’s a clear and verified
The luxury automaker will react to declining profitability, reduced demand, and a difficult global market climate by laying off about 6% of its worldwide workforce. To safeguard its long-term competitiveness, the Volkswagen-owned business stated it would cut approximately 275 jobs in the UK. This would be achieved in part through
Shares of The Trade Desk dropped over 9% after Publicis Groupe halted recommendations citing audit concerns on fees and transparency, sparking industry debate and raising investor worries about growth and partnerships.
The UK banking group, Close Brothers, will reduce its workforce by approximately 25%, or approximately 600 positions. The financial institution has taken this step in order to reduce costs. This decision is being made in response to a compensation bill of approximately £300 million that is associated with the automotive
In-app communication platform CometChat has announced raising a strategic funding of $6.5 million ( Rs 60 crore ) from its existing investors Run Ventures to up its AI play for key ecosystems. The Company has raised $21.1 million till date in funding including the current round. This round follows a
India’s startup ecosystem saw activity across deeptech, consumer brands, and AI-driven platforms on 17 March 2026. Velmenni raised ₹30 crore to scale its light-based wireless communication technology, while Grapevine secured $4.1 million to expand its AI-led talent platform. On the business front, Venture Catalysts exited Pee Safe, RBI
* The company plans to expand its presence to 20 cities and serve one million households over the next three years DrinkPrime, India’s fastest-growing IoT-enabled water purifier subscription platform, has raised USD $2.2million (INR 20 crores), led by Mirabilis Investment Trust and Artha Continuum Fund. The newly raised capital
Gold and silver prices in India closed higher on 17 March 2026, reflecting improved investor sentiment and stronger global bullion cues. Domestic markets tracked international trends, while safe-haven demand and currency fluctuations supported precious metal prices. According to the latest data, 24-carat gold is priced at around ₹15,862 per
Cashfree Payments, a fintech unicorn, was fined INR 3.1 lakh by the Reserve Bank of India (RBI) for failing to adhere to payment aggregator (PA) and payment gateway (PG) regulations. The Reserve Bank of India (RBI) said in a statement that it had inspected Cashfree in accordance with its
The telecom subsidiary of Reliance Industries, Jio Platforms, is scheduled to submit the initial public offering (IPO) paperwork to the capital markets regulator in two or three weeks after finalising its draft red herring prospectus (DRHP). Jio will sell 2.5% of its shares in the initial public offering (IPO)