New Delhi: Oracle is a large technology firm in the world that is considering massive layoffs that may see up to 30000 workers across the globe. This action is timed as banks withdraw funding of large AI data centres, putting a strain on large tech companies. The layoffs follow the cost reduction strategy of Oracle to meet the unpredictable market conditions. Reportedly, the company is examining its staff in various units, such as cloud services, support, and certain software units. Although Oracle has not officially reported the actual number, it is said that the layoffs would be among the largest…
Author: Ansh Singh
New Delhi: By selling 187 billion dollars of government debt, India has gone on history however this massive transaction is currently straining the bond market. Although the government claims that this borrowing is necessary to help the government finance development and to contain spending, experts feel that this borrowing would make bonds less appealing to investors in the short run. Government debt refers to the money which the government borrowed out of the market through selling bonds. Banks, insurance companies, mutual funds, and foreign investors are mostly the ones who purchase these bonds. The government, in its turn, agrees to…
New Delhi: In a significant move to spur women entrepreneurship in India, Goldman Sachs has joined hands with the top Indian Institutes of Management to advance training for women who want to either set up or grow their businesses. This tie-up is likely to help more women break barriers, gain confidence, and build strong companies. Women entrepreneurs often face challenges like a lack of access to useful networks, limited training, and fewer opportunities to meet investors. Through this program, they will get access to expert faculty, business mentors, industry speakers, and practical workshops. The training will include lessons in leadership,…
New Delhi: Indian Telecom firms are aggressively seeking new sources of financing to increase their 5G networks. The 5G introduction has introduced more speed, and connectivity in the internet, but it is very expensive to construct these networks. Telecom companies require effective financial assistance to be able to meet the demand. The installation of 5G towers, modernization and the purchase of spectrum are extremely costly. Thousands of crores have already been paid by telecom companies as spectrum auctions. They now require additional funding in order to finish the network coverage both in the cities and rural regions. According to experts,…
New Delhi: Mukesh Ambani has also introduced a new brand of FMCG known as Independence. The brand will be competing with such large players as Adani Group, Tata Group, and Patanjali. The products shall be marketed via the JioMart and Reliance retail stores. It deals with quality and cheap food products. Researchers indicate that Reliance has a good distribution network that has an advantage. FMcG Indian market is expanding rapidly. This is one step that demonstrates that Reliance has intentions to grow beyond telecom and retail into day-to-day consumer goods.
Union Budget 2026–27 has sparked nuanced reactions across infrastructure, exports, tourism, education, fintech, and agri-manufacturing. Rather than headline populism, experts point to a deeper policy direction focused on productivity, logistics, skilling, and long-term competitiveness. Here’s how key voices from industry and investment are reading the fine print. Uday Kotak – Chairman & MD, Kotak Mahindra Bank “Budget first take. A budget for the real economy. Welcome increase in defence spend. Broad fiscal discipline continues. Works on balancing between financialisation of the economy, and focused development of diverse, deep India long term.” CA Gaurav VK Singhvi – CEO &…
New Delhi: The Companies Act, 2013 regulates the incorporation, responsibilities, governance, and dissolution of companies in the country. Section 233 of the Companies Act, 2013 provides for merger or amalgamation of certain companies (Fast Track Merger) through approval of Central Government [Delegated to Regional Directors]. Section 233(1) of the Companies Act, 2013 allows mergers/demergers between (i) two or more small companies and (ii) holding company and its wholly owned subsidiary. Section 233 empowers Central Government (MCA) to prescribe, by way of rules, additional classes of companies who can avail such fast track process. In order to facilitate ease of doing…
New Delhi: Tim Cook, the long-time CEO of Apple, is facing increasing pressure over how the company is handling Artificial Intelligence (AI). A recent report from tech research firm LightShed Partners has caused a stir by openly questioning whether Cook is still the right leader for Apple. They feel Apple needs someone who is more product-focused, not someone who mainly manages operations and supply chains. And in today’s fast-moving AI world, that’s becoming a real issue. Why people are talking about Cook’s leadership LightShed’s analysts, Walter Piecyk and Joe Galone, are not just making noise, they’re sounding a serious alarm,…
New Delhi: Reliance industries is expanding at an accelerated pace. It is opening new stores in its retail business, enhancing online delivery, and expanding to more cities and towns in India. Reliance is attempting to be a one stop shop to the India families with groceries to electronics. On paper, this expansion resembles a success case. Yet down here, there is a multitude of little store owners of kirana stores concerned. The Indian life has been marked by kirana stores over decades. They have known their customers by name, provide credit and deliver goods at the doorstep. But as big…
New Delhi: The fintech industry has produced numerous unicorns in India, yet not all is well as the founders and investors are becoming increasingly strained. The issues of decision control are gaining increasing significance as companies get larger. The founders usually begin by having a vision. They are risk takers and zero based products. However, with investors in the field, it comes with money and expectation. Investors demand returns, stability and on occasion, control of decisions in leadership. Internal disagreements have been experienced in a number of fintech startups in the recent months. The founders are being requested…

