Volkswagen Job Cuts Could Reach 140,000 As German Factories Face Risk
Volkswagen is facing the prospect of a much larger workforce reduction than previously expected, with labor representatives warning that restructuring…
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Category: Companies & Business
News on major companies, retail and consumer brands.
Piyush Goyal Says India To Ease BIS Rules For Semiconductor And AI Industries
India is preparing a framework to exempt high-tech industries from certain Bureau of Indian Standards (BIS) certification requirements as the…
DRDO Cleared To Transfer All Conventional Missile Technology To Private Industry
Defence Minister Rajnath Singh has approved the transfer of Defence Research and Development Organisation (DRDO)-developed technologies for all conventional missile…
FedEx Delhi Cargo Hub: $150 Million Plan Explained
Key takeaways FedEx plans to invest $150 million in a new air cargo hub at Delhi airport. The hub should…
Union Bank Dollar Bonds Return After 12 Years
Key takeaways Union Bank of India has returned to the dollar debt market after a 12-year gap. The lender plans…
EPFO Allows NRIs Moving Abroad To Withdraw EPF Early
The Employees’ Provident Fund Organisation (EPFO) allows Non-Resident Indians (NRIs) who permanently relocate abroad to withdraw their Employees’ Provident Fund…
Karnataka Suspends Food Licences Of Amazon, Swiggy Instamart And BigBasket Over Datura Listings
Karnataka has suspended the food licences of Amazon, Swiggy Instamart and BigBasket after inspectors found Datura, a poisonous plant, listed…
Reuters invets $40 Million To Build Its Own AI Model Instead Of Renting From OpenAI
Thomson Reuters is betting that owning a specialized artificial intelligence model can create more long-term value than continuously paying frontier…
Blinkit Pause New Product Launches From August 31 Amid Festive Rush
Blinkit will freeze new product launches on its platform from August 31 to November 10 as the quick-commerce company prepares…
Reliance Industries plans to enter Aluminium business
India’s biggest industrial groups, including Adani Enterprises, Reliance Industries, Hindalco Industries and Vedanta Aluminium, were among the companies that sought…