Business News

Business

IT Industry's Hiring Dilemma: More Jobs Added Than Cut, Yet Challenges Persist

The IT industry sees a cautious approach to hiring with a focus on productivity and efficiency amid macroeconomic challenges, leading to a volatile job market for engineering and t...

Business

Infosys Continues Stringent Assessments, Dismisses 240 Trainees in Latest Round

Infosys has terminated 240 trainees at its Mysuru campus for failing internal assessments, continuing a trend of high standards. The company offers support through salary, training...

Business

Government Denies Plans to Impose GST on UPI Transactions Over Rs 2,000

The Indian government has clarified that there are no plans to impose GST on UPI transactions over Rs 2,000, dismissing recent reports as false. The finance ministry explained that...

Business

Made-in-India Electronics Gain Global Acclaim for Reliability and Innovation, Says Minister Vaishnaw

India's electronics manufacturing and exports have grown significantly, with 'Made-in-India' products gaining global recognition for reliability and IP respect. The sector has seen...

Business

Byju's Insolvency Saga: Creditors Hold the Key as NCLAT Rejects Settlement Without Approval

NCLAT rules that Byju's insolvency proceedings cannot be settled without creditor approval, highlighting the CoC's authority. The decision stems from a sponsorship dispute with BCC...

Business

Italian Government Conditionally Approves Unicredit's Strategic Acquisition of Banco BPM

The Italian cabinet has conditionally approved Unicredit's acquisition of Banco BPM, despite legal concerns from Forza Italia over the use of golden power. The deal progresses unde...

Business

Ford Halts High-End Vehicle Shipments to China Amid Escalating Trade War Tensions

Ford Motor Company stops shipping select high-end vehicles to China to avoid trade war tariffs, with potential price increases on the horizon due to U.S. import tariffs.

Business

Federal Reserve Greenlights Capital One's Historic $35.3B Merger with Discover Financial

The Federal Reserve has approved Capital One's $35.3 billion merger with Discover Financial Services, a move that promises to reshape the financial services landscape. The deal, wh...