Business

FedEx Faces Scrutiny Over H-1B Hiring, Layoffs

By BPN News Desk
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 government’s Next Generation Delivery Service (NGDS) programme, […]
Business

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

By BPN News Desk
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 […]
Image Credit: U.S. AIR FORCE ACADEMY
Business

Musk Wins Appeal to Restore $56B Tesla Pay Deal

By BPN News Desk
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
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.

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