Professional men's golf league LIV Golf has filed for Chapter 11 bankruptcy in New Jersey, aiming to restructure its business with a $49.6 million loan from Saudi Arabia's Public Investment Fund.
Hockey India is set to hold an emergent Executive Board meeting on September 18 to address a deepening internal controversy involving President Dilip Tirkey and Secretary Bhola Nath Singh, stemming from a jersey colour change. The meeting will also focus on restructuring the Hockey India League (HIL) to create an independent Governing Council with franchise involvement, and discuss upcoming elections and Asian Champions Trophy hosting.
The portfolio could be split between listed and unlisted investments, or structured along sectoral lines.
Tata Trusts, the majority shareholders of Tata Sons, have proposed merging two operating companies, Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE), with Tata Sons. This restructuring aims to shed Tata Sons' classification as a non-banking financial company (NBFC) and a core investment company (CIC), thereby allowing it to retain its status as an unlisted private company and resolve ongoing disputes regarding its future ownership.
Listing, according to Noel Tata, will fundamentally change how the company and the group have been working over the past 150 years.
Tata Sons Chairman N Chandrasekaran views the group's investment in semiconductors not as a short-term financial play, but as a critical long-term commitment to India's growth and self-reliance in a sector vital for domestic consumption and global supply chains.
Major US technology companies, Meta and LinkedIn, are undergoing significant workforce restructuring, with Meta planning to lay off 8,000 employees while shifting 7,000 into AI-focused roles, and LinkedIn cutting over 600 jobs across various departments.
EPF wage ceiling rising to Rs 25,000 could increase employer statutory contributions by Rs 1,200 monthly per employee.
A LinkedIn post by Pooja Sahu, detailing her husband Sourabh's sudden layoff from Oracle after 12 years of dedicated service, including working through holidays and even from a hospital, has gone viral, capturing the emotional toll of the tech giant's latest job cuts.
Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily stemming from an unauthorised jersey colour change. An emergent Executive Board meeting has been called to address this conflict, discuss the restructuring of the Hockey India League (HIL) into a joint venture with franchises, finalise election dates, and deliberate on hosting Asian Champions Trophy events. The meeting also aims to address a show-cause notice issued to the Director General.
The GST Council, chaired by Finance Minister Nirmala Sitharaman, has begun deliberations on significant reforms, including decriminalising nine offences, softening provisions for 24, and raising the threshold for criminal prosecution to Rs 5 crore. The proposed changes also include scrapping the arrest powers of GST officers and introducing an 'invoice matching system' to combat fake input tax credit claims, aiming for a trust-based taxation approach and enhanced ease of doing business.
Hockey India president Dilip Tirkey has denied sanctioning an emergent Executive Committee Meeting called by secretary Bhola Nath Singh, intensifying an internal power struggle. The dispute stems from a jersey colour change controversy and the secretary's attempt to address various issues, including the Hockey India League's future and upcoming elections, which Tirkey claims is beyond his authority to convene.
IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.
Within days of the RBI's letter to Tata Sons that its CIC deregistration application had been rejected, the regulator filed a caveat in the Bombay High Court so that it could be heard before any order is passed on the matter in case there's a petition challenging its listing directive.
Tata Capital remains confident in its 23-25 per cent growth guidance, driven by strong momentum in Retail and SME segments, despite facing pressures from rising funding costs and potential impacts from new RBI regulations on revolving credit.
Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily over a controversial jersey colour change and the authority to call emergent meetings. An upcoming Executive Board meeting aims to address these differences, discuss the future of the Hockey India League (HIL) including its restructuring into a joint venture, finalise election dates, and deliberate on hosting Asian Champions Trophy events.
Hockey India President Dilip Tirkey has lodged a police complaint against several HI officials, including the former Executive Director, accusing them of "criminal breach of trust, theft, endangerment of life and wrongful abandonment." The complaint stems from an incident where Tirkey's personal belongings, including medicines, were allegedly withheld after an official vehicle was recalled. This incident highlights an ongoing power struggle between Tirkey and HI Secretary General Bhola Nath Singh, exacerbated by past controversies like the saffron jersey fiasco and disputes over board meetings.
Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.
Tata Group's British luxury carmaker Jaguar Land Rover (JLR) announced plans to reduce its global workforce by approximately 4,000 roles over the next two years, aiming for 1.7 billion in savings to enhance sustainable profitable growth and invest in future technologies.
Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.
The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.
Indian banks and non-banking financial companies (NBFCs) are undertaking a comprehensive review and reset of their engagement terms with fintech firms, driven by the Reserve Bank of India's (RBI) draft Guidance on Regulatory Expectations for Data Governance and the stringent compliance requirements of the Digital Personal Data Protection (DPDP) Act, 2023, and its 2025 Rules.
Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
Andrea Pirlo's potential appointment as Italy's head coach is facing significant political opposition due to his commercial ties as a global ambassador for Russian betting company Fonbet, with Italian parliamentarians and football federation figures expressing concerns.
Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.
For members, the message is simple: don't be misled by headlines about '100% withdrawal'. The basic purpose of the EPF remains unchanged -- to help employees build a financial cushion for retirement while allowing limited access to savings for genuine needs during their working lives.
In essence, Tata Sons will continue to be a CIC, whether registered or unregistered. It will have to follow the 90:60 principle.
If it qualifies as belonging to the upper layer, public listing will be one of the regulatory requirements. However, if it qualifies as 'unregistered CIC', it will escape from prudential regulation, explains Tamal Bandyopadhyay.
"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
Investors are keenly awaiting clarity on Reliance Jio Infocomm's IPO, the company's AI and data centre strategies, and next-generation leadership structure at Reliance Industries Ltd's (RIL's) 49th annual general meeting (AGM).
'Exploration should be made easier and companies should be given operational flexibility.'
Mahindra & Mahindra (M&M) is implementing a comprehensive, multi-layered strategy to fortify its supply chains against geopolitical volatility, logistical challenges, and regulatory risks, drawing lessons from recent global disruptions.
US-based IT firm Oracle has reportedly laid off approximately 12,000 employees in India, with further layoffs expected. The company cited organisational changes and streamlining of operations as reasons for the retrenchment.
Hospital stocks have emerged as a strong theme in 2026, outperforming benchmark indices due to robust earnings growth, improved occupancy, higher average revenue per occupied bed, and aggressive expansion plans by major chains.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
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.
"Policy sales will be one of the focus areas for the company because looking at the large insurance gap, large number of people being uncovered. The only right way to go is to increase the number of policies," said Amit Jhingran, MD & CEO, SBI Life Insurance.
The Ad-Hoc Committee appointed to run the Equestrian Federation of India (EFI) has informed the Delhi High Court that governance reforms and elections may take longer than initially planned. The committee cited statutory requirements under the new sports law and delays in gaining full control of the federation as reasons for the extended timeline.
Micro, small and medium enterprises (MSMEs) have expressed significant concerns regarding the labour ministry's recent clarifications on labour codes, citing ambiguity in wage calculation and implementation, which they argue creates interpretational and operational challenges for employers.
A leader can spend authority on themselves -- on appearing decisive, on appearing in control, on appearing irreplaceable. Or they can spend it on the people around them -- on giving them the ball back, on creating conditions in which other people's confidence and capability can grow. Over a long enough horizon, the second compounds in a way the first never does. And that's exactly what Microsoft Chairman and CEO Satya Nadella has done.
