The Ministry of Electronics and Information Technology (MeitY) on 18 November 2025 approved 17 new projects under the Electronics Component Manufacturing Scheme (ECMS). The investments total approximately ₹7,172 crore and will set up manufacturing units for electronic components across nine
Amazon founder Jeff Bezos has returned to an active executive position by becoming co-CEO of an artificial intelligence startup named Project Prometheus. This marks his first formal leadership role since stepping down as Amazon CEO in 2021. The move signals a renewed focus on cutting-edge technology and strategic innovation. Startup Goals And Funding Project Prometheus
India’s merchandise trade deficit widened to an all-time monthly high of USD 41.68 billion in October 2025, up from USD 32.15 billion in September. The figure far exceeded market expectations of around USD 29 billion. Drivers Behind the Widening Gap Despite weak global demand, India’s merchandise exports declined by roughly 11.8% year-on-year to USD 34.38 […]
Across Asia-Pacific stock markets on Monday, most benchmarks declined as investor sentiment stayed cautious after a volatile session on Wall Street. In Japan, the Nikkei 225 fell by about 0.3% after official data revealed a 1.8% annualised contraction in the country’s July-September GDP. The Hang Seng Index in Hong Kong also dipped by roughly 0.8%, […]
The Manipal Education and Medical Group India (MEMG) has submitted an expression of interest (EoI) to participate in the corporate insolvency resolution process (CIRP) of Think & Learn Pvt Ltd, the parent company of Byju’s. The submission marks MEMG’s intention to be listed among prospective resolution applicants (PRAs) and underscores its ambition to engage in
Amazon is reducing approximately 14,000 corporate positions globally, with nearly 700 jobs cut in New York City alone, as part of a wide-ranging overhaul of its workforce. The company states the changes focus on streamlining operations and realigning roles rather than solely cost-cutting. The NYC reductions affect executive and corporate offices, not warehouse or delivery
The Indian government has withdrawn the Quality Control Orders (QCOs) on polyester fibre and polyester yarn, reversing a mandate that previously required compulsory certification for both domestic manufacturers and importers. The decision follows sustained industry feedback that the QCOs were creating supply delays, higher compliance costs and operational challenges for
Tata Steel Limited reported a consolidated net profit of ₹3,183 crore for the quarter ended September 30, 2025, up more than four-times from ₹759 crore in the same quarter last year. This strong performance was driven by higher revenues from its Indian operations and improved profitability in its overseas units. Revenue And Operational Highlights Revenue […]
The Adani Group has announced plans to install a massive battery energy storage system (BESS) at its renewable energy complex in Khavda, Gujarat. The project aims to host a capacity of 1,126 megawatts (MW) along with 3,530 megawatt-hours (MWh) of energy storage, making it India’s largest single-location installation of its kind. The group expects the […]
In a heartfelt message to shareholders and team members, Lenskart Solutions Limited co-founder and CEO Peyush Bansal reflected on the company’s 15-year journey, stating that Lenskart “wasn’t built to chase valuations but to solve a problem.” He acknowledged that the upcoming IPO marks “day zero” of a new chapter, rather than the culmination of the […]















