TCS Layoffs and the Generous Severance Packages
The recent news of Tata Consultancy Services (TCS) laying off senior employees has made waves in India’s IT sector. Reports indicate that affected employees have been offered severance packages ranging…
IndusInd Bank Strengthens Leadership with Pankaj Sharma Appointment
Private sector lender IndusInd Bank has made a significant addition to its senior leadership by appointing Pankaj Sharma, a former chief strategy officer at Yes Bank, as its head of…
India Weighs Settlement of Vodafone Idea AGR Dues
India is exploring a one-time resolution of Vodafone Idea’s long-standing AGR dues, a move that could amount to nearly Rs 2 trillion ($22.5 billion). The discussions, according to sources familiar…
Tata Capital IPO: Strong Start for a Major Financial Debut
Tata Capital’s much-awaited initial public offering (IPO) has created a buzz across Dalal Street. Priced between ₹310 and ₹326 per share, the ₹15,511 crore issue is one of the largest…
Aditya Birla Lifestyle Shares Surge on Heavy Block Deal
Shares of Aditya Birla Lifestyle Brands surged more than 10% on October 6, driven by a massive block deal involving millions of shares. According to a report by CNBC-TV18, e-commerce…
Record-Breaking Week for India’s IPO Market
India’s primary market is witnessing one of its biggest-ever fundraising weeks, with total IPO collections expected to exceed ₹30,000 crore. This marks the largest single-week fundraising in India’s market history.…
Shubman Gill Named India’s ODI Captain as Transition from Rohit Sharma and Virat Kohli Begins
June 2024 marked the beginning of a new era in Indian cricket when Virat Kohli and Rohit Sharma retired from the T20I format after winning the World Cup. Less than…
Nirmala Sitharaman Flags ₹1.84 Lakh Crore in Unclaimed Financial Assets
Union Finance Minister Nirmala Sitharaman on Saturday revealed that financial assets worth ₹1.84 lakh crore are lying unclaimed with banks and regulators. She urged officials to take proactive steps to…
Trump’s $100,000 h-1b fee faces rare rebuke from us businesses
The H-1 B visa program has long been one of the most important pathways for skilled foreign professionals to contribute to the United States economy. Companies across industries — from…
CDSCO Launches Risk-Based Inspections Across Six States After Child Deaths Linked to Cough Syrup
A total of 19 drugs are currently being examined as part of the inspections. These include cough syrups and antibiotics, which are widely used across the country. The scrutiny is…