DWS plans to acquire a 40% stake in the alternatives unit of Nippon Life India, a move that aims to broaden DWS’s global investment reach and expand its product lineup. The partnership will target both passive strategies and actively managed funds within the alternatives space. What the agreement aims to achieve The minority stake will … Read more
Enforcement Directorate arrests former Jaypee Infratech MD On November 13, the Enforcement Directorate (ED) arrested Manoj Gaur, the former managing director of Jaypee Infratech, in connection with an alleged scam valued at ₹14,599 crore. The arrest is part of a wider probe into financial irregularities that have dogged the company for years. Who is Manoj … Read more
Lotus teams up with Mondelez to grow Biscoff in India Lotus Bakeries has entered a partnership with Mondelez to push the Biscoff cookie brand deeper into India’s expanding biscuit market. The move forms part of a broader ambition to make Biscoff the world’s third-largest cookie brand, and company leaders see India as a key market … Read more
Mid-sized tech services firms to lead hiring in FY26 Mid-sized tech services companies in India are set to hire roughly 16,000 people in FY26 — a pace that could outstrip the Big Five. The push is driven by leaner delivery models, shorter project cycles and demand for rapid, domain-focused solutions. Why hiring is shifting to … Read more
Why the $15 Billion Bet Matters The announcement of a $15 billion investment to build a 1 GW data centre in Andhra Pradesh signals a major push into India’s cloud and AI infrastructure. Rising demand for digital services, cloud computing and high-performance workloads is driving large technology firms to expand capacity close to users. What’s … Read more
All 14 victims in Louisville cargo plane crash have been identified Officials have identified all 14 victims who died in the fiery cargo plane crash near Louisville. Families have been notified and authorities continue to work at the scene and with federal investigators to piece together what happened. What we know so far Casualties confirmed: … Read more
Bill Holdings Weighs Strategic Options Amid Activist Pressure Bill Holdings Inc., a business-payments company, is exploring strategic options that could include a potential sale, people familiar with the matter said. The move follows pressure from activist investor Starboard Value LP, which has pushed for changes at the firm. What’s happening now The company is reviewing … Read more
Startups can now access financial assistance under the Credit Guarantee Scheme for Startups through a single, unified digital platform. The move aims to simplify applications, speed up approvals, and make guarantees more accessible for early-stage businesses. What the unified platform offers One-stop application: Submit requests for guarantee cover and loan consideration from a single portal. … Read more
A potential deal between Japanese steelmaker JFE and the Sajjan Jindal-led JSW group could be wrapped up this quarter, giving JFE a 50% stake in a JSW subsidiary, an executive familiar with the discussions said on condition of anonymity. The transaction is expected to help JSW pare debt or raise funds for expansion. What the … Read more
FDA taps longtime cancer scientist Pazdur to lead drug center The U.S. health regulator has named Pazdur, a longtime cancer scientist, to lead its drug center. The move signals a leadership shift at a critical agency responsible for approving medicines and guiding pharmaceutical policy. What the appointment means Putting a seasoned cancer scientist at the … Read more