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CORPORATE COST CUTTING
Microsoft buyouts: Which 60,000 employees in the US, UK and Canada qualify, benefits, severence package and more. Read the full memoMicrosoft buyouts: Microsoft is offering voluntary buyouts to eligible employees in the US, UK, Canada and India. Employees have until earl...
West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist Aditi NayarThe West Asia crisis may impose a fiscal burden of approximately Rs 1.35 lakh crore on India. Government spending has generally remained be...
Former Microsoft employee tells wife he was lucky to be fired from tech sector in 2022. What is he doing now?Former Microsoft employee Ian Yong Hoe Tan says he feels fortunate to have been retrenched in late 2022, amid growing concerns about AI-dri...
AI cuts some Deutsche Bank corporate loan decisions to minutesDeutsche Bank is revolutionizing corporate lending by harnessing AI technology to expedite decision-making processes. This innovation is se...
RBI rate hikes: How short-duration funds and high-quality corporate bonds can protect your debt portfolioInvestors must position fixed income portfolio for further rate hikes. But this cycle may look different.
IndusInd Bank shares rise 2% after Q2 results. Why Jefferies cut target price despite lender swinging to profitIndusInd Bank announced a net profit of Rs 1,176 crore for the quarter ending September 2027. The bank's asset quality improved with gross ...
Nifty's PEG ratio near 10-year low but why don't stocks look cheap yet? Valuation paradox explainedNifty’s PEG ratio approaches a decade low, suggesting an enticing potential for valuation and earnings growth. The substantial drop in the ...
Crude oil is the key to bringing FII money back to Dalal Street: Equirus AMC’s Ashutosh TiwariForeign investors may return to Indian equities only if crude oil prices cool, according to Ashutosh Tiwari, managing director and chief in...
Sinking profits turn China’s $3.5 trillion rout into trapChinese stocks are experiencing a significant selloff resulting in a loss of $3.5 trillion since May. Increased competition and declining d...
Insurance commission: NBFCs seek 5-year transition period to reduce selling feeThe industry body of NBFCs has told the Insurance Regulatory and Development Authority of India (IRDAI) that the proposed commission caps o...
ETMarkets Smart Talk| A ₹25,000 monthly SIP can grow to ₹2.17 crore in 15 years—with a 10% annual step-up: Jeet MarwadiIn an interview with Kshitij Anand of ETMarkets, Jeet Marwadi, Founder and Managing Director of 1 Finance, explains why reviewing loans, in...
Elon Musk wants to merge SpaceX and Tesla: Here's what to knowElon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies. Musk cautione...
India Inc eyes a festive boom, but the bottom line holds a twistFestive shopping is currently gaining momentum with significant sales in both online and offline markets. Companies are experiencing increa...
Global Market Today: Asian stocks mixed as oil rally, AI concerns weigh on sentimentContracts for the Nasdaq 100 Index slipped 0.6% and those for the S&P 500 dropped 0.4% in early Asian trading following a split set of resu...
Global Market: European shares struggle for direction as France unrest weighs on sentimentEuropean shares remained stagnant amid escalating unrest in France, raising alarms over fiscal health and growth prospects. While some opti...
BBC to cut 2,000 jobs, shut BBC Three, BBC Scotland TV channels and Radio 4 Extra to save £500 millionIn a significant shift, the BBC will discontinue its BBC Three and BBC Scotland channels this spring as part of a strategic initiative aime...
Bank of Japan may raise inflation forecast, stand pat on rates, sources sayThe Bank of Japan plans to slightly upgrade its fiscal year 2027 inflation forecasts this month. Interest rates are expected to remain stab...
'Om Feminist Evictoraya Namah': Bengaluru men perform puja for Elon Musk, hail him as 'destroyer of Wokashura' in viral video sparking debateA video showing a group of men in Bengaluru performing a puja for Tesla CEO Elon Musk has gone viral on social media. Associated with the S...
HDFC Bank Q2 results preview: PAT, NII may rise up to 9% YoY; deposit growth in focusHDFC Bank is set to unveil its Q2 results on October 17, 2026, showcasing key financial indicators. Analysts predict a year-on-year rise in...
Kroger to cut 3,000 corporate jobs as CEO Greg Foran launches sweeping restructuring to take on rivals in the battle for cheaper groceriesKroger is embarking on a major restructuring by cutting around 3,000 corporate roles to boost operational efficiency. This strategic decisi...