Xreal Inc., a Chinese maker of smart glasses, has taken legal action against U.S.-based Viture Inc., accusing the rival of patent infringement in the United States. The suit centers on Xreal’s claim that Viture has improperly leveraged Xreal’s years of research and investment to gain an unfair foothold in the fast-growing smart glasses market. What … Read more
Consulting Firm Seeks Liberal Arts Graduates to Boost Creativity The global managing partner of a leading consulting firm has revealed plans to recruit more liberal arts graduates as part of a broader effort to inject creativity and diverse thinking into the business. The move comes as the firm increasingly uses artificial intelligence in hiring and … Read more
Indian Hotels Company has bought a controlling stake in Brij Hospitality, the operator of Brij Hotels, acquiring 51% for ₹193 crore. The deal strengthens the company’s presence in the hotel sector and gives it majority control of Brij Hospitality’s operations and strategy. Deal details at a glance Buyer: Indian Hotels Company (IHCL) Target: Brij Hospitality … Read more
The Supreme Court has set aside the Delhi High Court’s August 2024 judgment that had quashed a tax demand and ruled in favour of Tiger Global. The top court’s intervention effectively revives the tax demand and reopens the legal chapter between the investor and the tax authorities. Background: the Delhi High Court ruling In August … Read more
Four information technology firms reported a steep double-digit fall in profits for the December quarter, according to their stock exchange filings. Management teams pointed to the implementation of new labour codes as the primary reason for the drop, saying the rules raised costs and changed workforce arrangements during the reporting period. How the decline was … Read more
How a luxury retailer is using real‑estate rights to stay open during bankruptcy A major luxury retailer has turned to its real‑estate portfolio as a lifeline while navigating bankruptcy. Rather than closing stores immediately, the company is leaning on lease and property rights to preserve cash, maintain customer access and protect the value of its … Read more
Infosys Ltd posted a stronger-than-expected performance in the December quarter, reporting revenue of $5.1 billion. The top-line beat came even as margin pressures persisted, yet the company raised its full-year guidance to 3–3.5%. Quarterly snapshot Revenue: $5.1 billion, above market expectations Margins: Under pressure during the quarter Full-year guidance: Raised to 3–3.5% Why the revenue … Read more
The company released its results for the third quarter of the 2025–26 fiscal year showing signs of improved workforce stability and a continued focus on growth. Voluntary attrition eased, headcount rose, and leadership signalled confidence in future demand — backed by a substantial hiring plan for the year ahead. Q3 highlights at a glance Voluntary … Read more
The slow fade of once-dominant retailers Over the past few years, many long-standing, high-profile retail chains have struggled to keep up with the rise of big-box stores and online retailers. What once felt like a stable corner of the economy is now a landscape of store closures, shrinking footprints and boardroom upheaval. The shift is … Read more
Unacademy founders Gaurav Munjal and Roman Saini will remain at the helm of the company, and plans to hive off its Airlearn business have been dropped. The decision marks a shift from a previously signalled restructuring and keeps leadership continuity intact as the company navigates a challenging edtech landscape. What changed and why it matters … Read more