On Sunday, 28 December 2025, Rajkumar Bafna, the finance head of Akums Drugs and Pharmaceuticals, formally tendered his resignation. He cited the severe pollution in the national capital — where the Air Quality Index (AQI) had crossed the 400 mark — as the reason for stepping down. Resignation against a backdrop of hazardous air An … Read more
Jefferies shifts Asia Pacific ex-Japan bets toward India and Taiwan Global investment bank Jefferies has adjusted its Asia Pacific ex-Japan relative-return portfolio, boosting allocations to India and Taiwan while trimming exposure to China and Indonesia. The firm pointed to evolving macroeconomic conditions and differences in near- to medium-term growth prospects across the region as the … Read more
Tech layoffs top 100,000 in 2025 as AI reshapes staffing The technology sector continued to shrink its workforce in 2025, with more than 100,000 jobs eliminated across the industry. The cuts were concentrated at several large firms, including major cloud and retail players such as Amazon and Microsoft. Companies say cost pressures and a shift … Read more
Who is Jayshree Ullal? Jayshree Ullal is a British-born, Indian-origin technology executive who has become one of the most prominent women leaders in global tech. In 2025 she topped the Hurun India Rich List, marking a notable moment for Indian-origin executives in the international tech ecosystem. Ullal is best known for leading a fast-growing software … Read more
IndiGo has been hit with a GST-related penalty of ₹13 lakh for the financial year 2021–22. The airline disputes the finding and has said it will challenge the decision in court. What the penalty means The notice concerns goods and services tax (GST) liabilities for the 2021–22 year. Authorities have levied a penalty of ₹13 … Read more
Pilot in Delhi aims to free beneficiaries from office-specific constraints A pilot program launched in Delhi will allow beneficiaries to have their issues addressed at any regional office, removing the need to approach the specific office they were previously tied to, an official said. The move is intended to streamline service delivery and make it … Read more
Board OKs major acquisition, creating a larger player in AI and cloud Coforge’s board has approved the acquisition of Encora in a deal valued at $2.35 billion. As part of the transaction, Coforge will issue 93.8 million shares. The combined company is expected to operate as a roughly $2.5 billion entity with a clear focus … Read more
Stricter energy rules set to reshape the AC market New energy efficiency norms scheduled for 2026 are poised to change how air conditioners are made, sold and priced in India. The standards aim to cut power consumption and emissions, but they also raise manufacturing costs. As a result, industry watchers expect retail prices to go … Read more
NCLT Settlement Clears One Hurdle for Mumbai’s Palais Royale The developer of Mumbai’s long-delayed Palais Royale has reached a settlement in a creditor dispute at the National Company Law Tribunal (NCLT). The move removes a legal barrier that has been complicating the project’s revival, but significant challenges remain: the tower is still unfinished and its … Read more
ElasticRun narrowed its net loss sharply in FY25, recording a loss of ₹145 crore compared with ₹360 crore a year earlier. The improvement reflects a combination of better logistics efficiencies and a deliberate shift toward regional brands, moves that helped the company cut costs and improve unit economics. What the numbers tell us The reduction … Read more