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IMPACT ON COMPANIES
US Treasury yields are rising — Why does it matter?Rising U.S. government bond yields are driving up borrowing costs across the board, directly affecting households, businesses, and governme...
SaaS company Whatfix's cofounder and CEO Khadim Batti passes awayWhatfix CEO Khadim Batti passes away: Vara Kumar, Batti's cofounder and a close friend, told Whatfix employees in an email that Batti had s...
Chalet Hotels partners with The Job Plus and THSC to skill 5,000 new hospitality professionals by 2030Chalet Hotels aims to create 5,000 sustainable livelihoods by 2030. This initiative connects industry demand with untapped talent from unde...
Oncology firm Novocure says cyberattack exposed US patient recordsThe breach adds to a growing number of cyberattacks on the healthcare sector, including medical device makers Abbott, Stryker Medtronic a...
UBL sees positive demand momentum in Q2, invests Rs 110 cr in Maharashtra breweryUnited Breweries Ltd reports positive demand momentum and strong premium brand growth. The company expects double-digit revenue growth and ...
Hyundai Motor India August sales rise 8.8% to 65,796 unitsHyundai Motor India reported an 8.8 percent increase in total sales for August. Domestic sales saw a significant 23.6 percent year-on-year ...
Oracle trims 3,000 India roles; Microsoft places 500 on PIPAround 2% of Microsoft India workforce, which translates to about 400-500 people, may be impacted by a global PIP exercise at the company, ...
Mobile, car, electronics makers to keep price hikes minimal to protect festive demandManufacturers will slightly increase product prices over the next fortnight. This move aims to protect crucial festive season demand and sa...
What organisational excellence looks like when people strategy meets business performanceThe Economic Times HR Excellence Awards 2027 honors companies that actively drive workforce performance and adaptability through innovative...
ChatGPT down? OpenAI confirms outage as users report network errors, high latencyChatGPT is reportedly facing issues today. Users have reported widespread problems on Monday, August 31, with OpenAI confirming elevated er...
- Quote of the day by Arthur Zeikel: "Generally speaking, bad news tends to develop on the installment plan, and the first earnings revision is usually not the last"
Arthur Zeikel’s observation highlights how bad news and earnings downgrades can unfold gradually. An initial cut to profit forecasts may si...
AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...
Umiya Buildcon announces official company name change to MRO-TEK NetworksThe company will progressively transition its corporate communications, digital platforms and stakeholder engagement initiatives to reflect...
Trump lashes out at Canada, urges firms to move to US to escape tariffsDonald Trump criticizes Canada as a major trade abuser of the United States. He claims his tariffs revived the American automobile industry...
Tata Motors PV sees EV boom, bets on record festive quarter as bookings triple: ExecutiveTata Motors Passenger Vehicles Ltd is increasing its electric vehicle market share. The company has experienced a three-fold growth in elec...
Directorate of Revenue Intelligence conducts search at Waaree Energies' Sangam Solar One plantThe Directorate of Revenue Intelligence searched Waaree Energies' subsidiary plant in Gujarat. This search concerned imported stainless-ste...
TILT launches Rs 250 crore impact-first venture fund to back India’s 'Next Billion'TILT is targeting India’s ‘Next Billion’- underserved, lower-income Indians who are gaining greater access to markets, technology and finan...
H-1B visa fee hike may accelerate shift of US tech jobs to India-based GCCs: Former UN advisor Santosh MehrotraThe proposed $103,265 H-1B fee could accelerate the movement of technology work from the US to India-based Global Capability Centres, econo...
Weak monsoon, West Asia risks cloud July-Sept FMCG demandConsumer goods demand faces challenges from a weak monsoon and rising inflation. FMCG volumes saw a slight slowdown in the recent quarter, ...
ET World Leaders Forum: India can benefit from global shifts if it adapts quickly, says Bain & Company chairman Manny MacedaIndia can benefit from global shifts driven by AI, geopolitical tensions, tariffs, energy security and changing capital flows, but it must ...