New Delhi: Air India is cutting domestic and international capacity this summer, flying up to 5% fewer flights on domestic routes and nearly 40% less on international corridors compared with…
Category: Companies
HCG Q4 PAT drops 70% to ₹2.17 crore; revenue rises 11%
saw its Q4FY26 net profit after tax decline sharply to ₹2.17 crore, down 70 per cent year-on-year. FY26 PAT (post non-controlling interest) was normalised for one-time exceptional items related to…
Orkla sees consumption-led growth despite Kerala disruption, West Asia crisis
Orkla India, the owner of the MTR and Eastern spice brands, is betting on structural fixes and sharper execution to drive the next leg of growth, even as macro pressures…
AI will create jobs—but not fast enough: Management guru Ram Charan sounds a warning
India Inc’s debate over work-from-home is returning on a call from prime minister Narendra Modi as part of a strategy to deal with the repurcussions of the West Asia war.…
4 am layoff email: Meta starts alerting 8,000 employees about job cuts, reassigns 7,000 to new AI-powered teams
Meta Platforms, the parent company of Facebook and Instagram, has started notifying thousands of employees worldwide that they are being sacked. This latest round of job cuts is expected to…
Adani Green to develop 2,250 MW Gandikota-2 pumped storage project in AP
will develop a 2,250 MW Gandikota-2 Pumped Storage Project in . The State Government has issued an order allocating the 2,250 MW Gandikota-2 Pumped Storage Project (PSP) in YSR Kadapa…
Why ASK Automotive is betting beyond brakes on aluminium components and EV precision parts
ASK Automotive is using the cash flows from its dominant two-wheeler braking business to fund the next phase of its expansion, as it transforms from India’s largest two-wheeler brake supplier…
Solar industry seeks higher power prices amid record demand
A solar industry group has asked India’s power market regulator to increase the cap on electricity prices on power exchanges, saying the current limit is hurting companies and slowing investment,…
Blackstone pledges all its Mphasis shares to raise $700 million and refinance loan
Blackstone has pledged its entire 30.55% stake in Mphasis Ltd and raised an estimated $700 million, an executive said, to refinance a loan taken to fund the private equity firm’s…
LinkedIn sacks over 600 employees across roles, as Meta begins AI-driven layoffs: Report
has announced job cuts for over 600 employees which will take effect on July 13, according to a report in New York Post. The report cited a Worker Adjustment and…