The technology major confirmed that a 'low single-digit percentage' of its 270,000 employees would be affected in the fourth quarter of 2025.
Biocon is actively seeking in-licensing opportunities to expand its biosimilars portfolio, focusing on products that complement existing therapy areas, as the company shifts to a 'consolidate' phase with a strong emphasis on improving capacity utilisation, expanding margins, and driving return on capital employed.
Haryana Chief Minister Nayab Singh Saini announced a CBI investigation into the Rs 590-crore IDFC First Bank fraud case, emphasising the government's zero-tolerance approach to wrongdoing. The State Vigilance and Anti-Corruption Bureau had previously investigated the case, arresting several individuals, including ex-IDFC First Bank employees. The alleged fraud involved the diversion of Haryana government funds intended for fixed deposits.
'Decisions on talent and rewards have shifted as employees and companies are operating in a buyer's market across most skill categories.'
For engineers across the country, the Oracle job cuts served as a rude reminder of what the AI era has in store for the tech world.
The Central Bureau of Investigation (CBI) is set to take over the investigation into the embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank in Chandigarh. The Haryana government decided to hand over the probe to the central agency last month following allegations that funds were diverted for personal use through shell companies and real estate investments.
Rising living expenses, fear of contract hiring cast shadow on real gains.
Five masked gunmen robbed a Bank of Maharashtra branch in Singrauli, Madhya Pradesh, stealing gold and cash worth Rs 5.7 crore. One suspect has been arrested in Bihar.
Nasscom's newly appointed Chairman, Srikanth Velamakanni, outlines key priorities including restoring revenue growth in IT firms and promoting the role of artificial intelligence and other technologies in companies.
Three FIRs have been registered against AAP MLA Chaitar Vasava following a slapping incident and related events after a fire at a chemical factory in Jhagadia, Gujarat.
A special PMLA court in Gurugram has remanded Punjab Industries Minister Sanjeev Arora in Enforcement Directorate's custody for a week in an alleged Rs 100-crore GST fraud-linked money laundering case.
C Joseph Vijay was sworn in as the Tamil Nadu Chief Minister, marking the first non-DMK, non-AIADMK government in the state in 60 years. The ceremony was attended by Rahul Gandhi, and Vijay promised transparent governance and asserted his sole authority. He signed files to implement key promises, including free power for domestic consumers.
The Haryana government has suspended two IAS officers, Ram Kumar Singh and Pardeep Kumar, in connection with an ongoing investigation into a Rs 590-crore fraud case involving IDFC First Bank.
The Supreme Court has dismissed an appeal by Byju Raveendran, upholding the NCLAT's decision to reinstate the original Committee of Creditors (CoC) in Think & Learn Private Ltd's insolvency proceedings, which includes Glass Trust Company LLC as a major lender.
A tourist from Bengaluru was seriously injured after allegedly being attacked by employees of a Goa beach shack following a dispute over a beach bed.
A Palghar Zilla Parishad employee has been booked for allegedly molesting a minor girl under the guise of providing information about a scholarship programme. Police have registered a case under the Bharatiya Nyaya Sanhita and the POCSO Act, and an inquiry has been promised.
A Mumbai court sentenced a truck driver to life imprisonment for the murder of a shopkeeper in Mulund in May 2023. The driver ran the victim over with his truck following a dispute.
The Enforcement Directorate on Thursday said it has restituted funds worth more than Rs 300 crore towards long-pending dues of the former workers of now defunct Kingfisher Airlines that was promoted by fugitive liquor baron Vijay Mallya.
A worker at Mumbai's Siddhivinayak temple has been arrested for allegedly stealing money from donation boxes. CCTV footage revealed the employee extracting currency notes from the boxes, leading to a police investigation.
A 50-year-old man in Delhi died after being attacked by neighbours for objecting to them stealing petrol from parked motorcycles. The incident occurred in Narela, and police are investigating the case.
Oracle Corporation has reportedly laid off thousands of employees globally, including a significant number in India, with affected individuals receiving early morning termination emails and immediate laptop lockouts, despite the company posting record quarterly revenues of $17.2 billion.
While being in an air-conditioned room can make you feel pleasant and comfortable, it also has its disadvantages, says Dr Manjusha Agarwal, consultant-internal medicine at Gleneagles Hospital, Mumbai.
Sun Pharmaceutical Industries Ltd has announced its acquisition of US-based Organon & Co in an all-cash deal valued at an enterprise valuation of USD 11.75 billion, aiming to become a top 25 global pharmaceutical company.
A man in Thane has been booked for allegedly defrauding a woman and her associates of Rs 46 lakh by falsely promising them government jobs.
Sports Minister Mansukh Mandaviya announced India's ambitious goal to rank among the top 10 sporting nations by 2036 and break into the top five by 2047, attributing the progress to the government's efforts in streamlining sports governance and providing opportunities for youth.
Workers at an automotive components factory in Haryana, India, protested for two days demanding the implementation of a minimum wage hike announced by the state government. The protests led to detentions and police action, highlighting tensions over wages and working conditions.
An inquiry has been ordered against a government school teacher in Cheog village, Shimla, following allegations of slapping a 2.5-year-old boy. The inquiry was prompted by a written complaint from the child's father.
Rising stressed debt and past exposures like Reliance Capital, Yes Bank push EPFO to frame exit rules for its portfolio.
Three treasury employees in Hazaribag, Jharkhand, have been arrested for allegedly embezzling Rs 15.41 crore from government bank accounts over eight years, prompting criticism from the opposition BJP.
Tata Power has announced a collaboration with Databricks to develop a data and AI platform aimed at enhancing operational efficiency, decision-making, and innovation across its energy systems.
Adityanath had earlier referred to a conspiracy angle behind the violence during the protest, which is currently under police investigation.
Mumbai Police have arrested two men within hours of them allegedly stealing over Rs 63 lakh from an ATM cash van in Kandivali. A significant portion of the stolen cash has been recovered.
The BJP's landslide victory in West Bengal has not merely redrawn the electoral map but overturned the operating logic of politics in the state, breaching the TMC's entrenched fortress despite a decade-and-a-half of dominance, minority consolidation, and a sustained "outsider" narrative.
'Workers are being pushed into 12- to 14-hour shifts under poor conditions. These largely leaderless protests are likely to continue.'
'Workers are the people who create all the wealth in this country. How can you call them anti-national?'
Political observers said the announcement assumes significance as the state prepares for the assembly elections, with political parties stepping up outreach to various community groups.
Infosys reported a 20.8 per cent increase in consolidated net profit to 8,501 crore for the January-March quarter of FY26, with revenue from operations rising 13.4 per cent to 46,402 crore. The IT major has guided for a 1.5 to 3.5 per cent revenue growth for FY27, driven by momentum in financial services, utilities, and emerging AI services, despite a volatile macroeconomic environment and geopolitical risks.
A 24-year-old man has been arrested for allegedly robbing an e-commerce company's store in Shalimar Bagh, Delhi. Police recovered part of the stolen cash and identified the accused as a habitual offender.
The US administration has ordered a probe into the deaths and disappearances of at least 10 top US scientists and researchers with access to information related to aerospace, defence and extra-terrestrial life.
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