FedEx Faces Scrutiny Over H-1B Hiring, Layoffs

By BPN News Desk December 23, 2025

Business

FedEx has come under scrutiny in the United States after reports highlighted a rise in the company’s use of H-1B visa hiring while it also carried out job cuts affecting American workers in multiple locations. The controversy has gained attention because FedEx is an awardee under the federal

Business Finance

Budget May Ease GST Burden for Small Businesses

By BPN News Desk December 22, 2025

The Union government is considering measures to reduce the Goods and Services Tax compliance burden for micro and small enterprises, with possible changes expected to be announced in the upcoming Union Budget. The move is aimed at providing relief to smaller businesses that have repeatedly raised concerns over the cost and complexity of GST compliance. […]

Business

Foxconn Hires 30,000 Workers at New Women-Led Unit

By BPN News Desk December 22, 2025

Foxconn has hired around 30,000 workers at its new manufacturing unit near Bengaluru, marking one of the fastest workforce expansions in India’s electronics sector. The facility, located in Devanahalli, has been positioned as a women-led unit and is part of the company’s broader push to scale up smartphone manufacturing in India. Rapid Hiring at Bengaluru […]

Business

Musk Wins Appeal to Restore $56B Tesla Pay Deal

By BPN News Desk December 21, 2025

The Delaware Supreme Court in the United States has restored Elon Musk’s 2018 Tesla compensation package, originally valued at about $56 billion, overturning an earlier ruling that had voided it. The decision, announced on 19 December 2025, allows Musk to potentially receive stock-based compensation tied to Tesla’s performance milestones achieved since 2018. Court Ruling

Business

Fortis to Acquire Bengaluru’s People Tree Hospital

By BPN News Desk December 21, 2025

Fortis Healthcare has announced plans to acquire People Tree Hospital in Bengaluru for ₹430 crore, strengthening its presence in one of India’s fastest-growing healthcare markets. The acquisition will be carried out through Fortis’ wholly owned subsidiary, International Hospital Limited, and involves a 100 percent stake in TMI Healthcare, which operates the hospital.

Business Markets

SEBI Plans Reforms to Boost Gold Price Benchmark

By BPN News Desk December 21, 2025

The Securities and Exchange Board of India (SEBI) has said it will examine and address key challenges facing Electronic Gold Receipts (EGRs), aiming to strengthen their role in gold price discovery and improve India’s commodity market ecosystem. The announcement came from SEBI’s chairman during a commodities industry event in New Delhi. Focus on EGRs and […]

Business

Accenture Q1 Results Signal Stable Demand for Indian IT

By BPN News Desk December 20, 2025

Accenture reported a stable performance in the first quarter of its fiscal year, indicating that global demand for technology services remains resilient. The consulting and IT services firm posted moderate revenue growth during the quarter, supported by healthy deal wins and continued client spending on essential technology projects. Positive signal for Indian IT companies

Business

Infosys ADR Hits 52-Week High in US Trading

By BPN News Desk December 20, 2025

Shares of Infosys Ltd, traded as American Depositary Receipts (ADRs) in the United States, reached a 52-week high of $23.28 during recent trading, marking a notable peak for the Indian IT company’s ADRs. The stock has shown renewed investor interest in its US-listed form after periods of volatility in 2025, amid broader technology sector fluctuations […]

Business

Adani Group Plans One of India’s Largest Hotel Portfolios

By BPN News Desk December 20, 2025

The Adani Group is entering India’s hospitality sector with plans to build one of the country’s largest hotel portfolios, leveraging its existing airport and real estate assets to support growth in travel and tourism. The initiative aims to position the conglomerate as a significant player in the hospitality industry, competing with established hotel chains in […]

Business

TikTok Signs Deals for New US Joint Venture

By BPN News Desk December 20, 2025

TikTok and its parent company ByteDance have signed binding agreements with a group of primarily American investors to create a new U.S. joint venture that will oversee operations in the United States. The move marks a key milestone in a years-long effort to keep the short-video app running in the U.S. amid regulatory pressure and […]