Coal behemoth Coal India’s total coal production for April witnessed a 9.7 per cent year-on-year fall at 56.1 million tonnes (mt) compared with 62.1 mt for the same period last…
Category: Companies
US warns shipping firms they could face sanctions over paying Iranian tolls in the Strait of Hormuz
DUBAI, United Arab Emirates (AP) — The United States is warning shipping companies that they could face sanctions for making payments to Iran to safely pass through the Strait of…
Air India cuts international flights until July 2026 as fuel costs and airspace closures bite
Air India will reduce its international flight schedule through July as soaring jet fuel prices and airspace restrictions linked to the West Asia conflict push a growing number of routes…
Cognizant to lay off employees as AI drives ‘real and accelerating’ change
BENGALURU: Cognizant Technology Solutions Corp. is cutting jobs as it pivots towards artificial intelligence (AI), marking one of the first instances of a large IT services firm explicitly linking AI-led…
Meta buys humanoid robot startup Assured Robot Intelligence as 8,000 job cuts loom
Meta Platforms has purchased Assured Robot Intelligence, a startup building artificial intelligence systems for humanoid robots, as chief executive Mark Zuckerberg accelerates a sweeping bet on AI that he acknowledges…
GameStop prepares eBay takeover offer in Ryan Cohen’s boldest move yet; Stocks jump 15%
GameStop is quietly building a stake in eBay ahead of a potential offer that could reshape online retail, as CEO Ryan Cohen pursues an audacious plan to transform the video…
Brown University cuts stake in Blue Owl private credit fund by over 50%
May 1 (Reuters) – Brown University’s $8 billion endowment cut its stake in a publicly traded private credit fund run by alternative asset manager Blue Owl Capital by roughly 53%,…
US Sanctions Iranian Exchanges, China Terminal on Oil Purchases
(Bloomberg) — The Trump administration sanctioned three Iranian currency exchanges and a Chinese oil terminal on Friday, as the US adds to pressure on Tehran to end the war and…
Adani Group eyes homegrown talent model, plans to phase out lateral hiring
is looking to build a fully homegrown workforce and eventually phase out lateral hiring, Chairman Gautam Adani said on Friday while outlining a long-term talent strategy alongside a broader organisational…
Bombay HC sets aside ₹1,524-crore GST demand on Tata Sons in Docomo Case
The High Court has set aside a ₹1,524-crore demand against , holding that damages paid to Japan’s NTT Docomo pursuant to an arbitral award do not constitute a taxable supply…