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Showing posts with the label Company News

Microsoft is offering buyouts to around 60,000 employees, reports say

The ‌voluntary exit offer ‌will ⁠impact key divisions, including ⁠AI experiences, Copilot, finance, human resources, Xbox and Windows + Devices, ​a source ‌familiar with the matter told Reuters from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/lqyuQmW

HDFC Bank initiates internal probe into alleged data leak by two senior executives

In line with the bank's policies, the spokesperson said, an internal review into this matter is currently underway to gather and evaluate all relevant facts from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/uUlzonN

Jio Platforms' anchor book draws record ₹2.5 lakh crore in bids ahead of IPO

The allotment of 7.24 crore shares at ₹1,119 apiece comes two days before the initial public offering opens for public subscription on October 21 from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/N803Ek4

India sourced more than two-thirds of its August oil imports from just three countries

While Russia’s share in India’s oil imports fell to 44%, from a historic high in July, the shares of both the U.S. and the UAE surged, resulting in the cumulative shares of the three countries reached an all-time high from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/Ajtx2ou

Govt proposes BS-VII emission norms from April 2029; adds brake, tyre, battery-durability rules

India currently follows Bharat Stage VI standards, introduced nationwide in April 2020, which significantly tightened vehicle-emission requirements and brought the country closer to international regulatory practices from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/CA4VhMp

ADNOC open to further long-term LPG deals with India, sees India among most important energy markets: Acting CEO, Marketing

ADNOC supplied more than 500,000 barrels of crude a day to India in 2025, “almost one in ten barrels of [India’s] crude imports”. The company is exploring opportunities with ISPRL to expand storage of crude oil, LNG and LPG, including strategic reserves from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/aBDgwRn

Texprocil to focus on Kasturi Cotton, benefits of FTAs for textile sector

Currently, less than 50% of the cotton that is brought for branding meets the mandatory specifications and tests to be branded as Kasturi Cotton from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/of7qh1L

What is happening to the Indian IT bench? | Explained

Once a strategic buffer against fluctuating project demand, the IT bench is becoming a more tightly managed pool of talent, shaped by utilisation, changing demand and the growing premium on specialised skills from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/eyRxKCr

UPI volume jumps 27% to touch 145 bn in first half

This is against UPI volume 114 billion during April-September quarter of the previous financial year, as per data released by the National Payments Corporation of India from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/BL3MWGk

Govt. caps sugar stock limit for dealers to 1,000 quintals ahead of festive season

The Food Ministry said the objective of the amended rules was to “ensure that there is no unnecessary accumulation of sugar in the distribution chain” and that the supply of sugar from mills through dealers to the consumer remained “smooth” from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/scRCL6a

Coal India production up 9.2% in September

Coal India informed that coal production is expected to pick up further with monsoons over. from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/MOtxio8

Google restricts access to new AI model over safety concerns

Google said Argon is designed to refuse requests that could help carry out cyberattacks or develop chemical, biological or nuclear weapons from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/skoBCv7

Trump, AI majors pledge AI safety; experts flag lack of enforcement

Accord calls for internal controls, independent audits and board oversight, but experts flag weak enforcement, lack of common safety standards and concerns over auditor independence from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/Xo4NrA2

OpenAI unveils GPT-6.1 Sol and ‘Dots’ AI agents at DevDay

Sam Altman unveils lower-cost model at DevDay as OpenAI showcases always-on AI agents powered by GPT-6 Astra from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/mtoS0OV

NCLAT issues notice to creditors on Subhash Chandra's plea; sets next hearing for October 29-30

A three-member Bench of NCLAT also granted a week's time to Subhash Chandra to file a rejoinder to the creditors' reply from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/HFytXpj

Bank unions defer three-day nationwide strike after ‘understandings reached’ with IBA

A high-level committee of the Indian Banks’ Association and UFBU will be formed immediately to deliberate on the issue of declaring the remaining Saturdays as holidays, the statement said from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/nc4dZbF

NTPC, EDF sign pact to develop RE projects in India

The joint venture (JV) agreement was signed on September 25 in the presence of NTPC Chairman Gurdeep Singh and Bernard Fontana, Chairman and CEO of EDF SA, France from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/OkcCymp

Tiruppur’s garment exports cross ₹46,000 crore in 2025-26

from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/N0Rteni

Ahead of festivals, Centre cuts import duty on edible oils

The Centre expects that the reduction in BCD on crude edible oils will lower their landed cost and facilitate transmission of the benefit through the domestic supply chain from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/YSW9kjo

West Asia crisis not over, potential to escalate further: Oil Minister Hardeep Puri

Oil Minister Hardeep Puri also mentioned that there is interest from outside for investing in India’s refineries though the country does not need it. from Industry News, Company News, Manufacturing News, Service Sector | The Hindu https://ift.tt/cFj0bRg