BUSINESS

Amazon to lay off 14,000 corporate employees amid AI spending surge
October 31, 2025

Amazon to lay off 14,000 corporate employees amid AI spending surge

Amazon will slash 14,000 corporate roles as it increases spending on artificial intelligence. The move, announced by Senior VP Beth…
Amazon laying off about 30,000 corporate employees, starting Tuesday: Report
October 30, 2025

Amazon laying off about 30,000 corporate employees, starting Tuesday: Report

Amazon is reportedly set to lay off around 30,000 corporate employees starting Tuesday, marking its largest workforce reduction since the…
Asian shares gain Japan’s Nikkei tops 50,000 level, as Trump seeks trade deals
October 30, 2025

Asian shares gain Japan’s Nikkei tops 50,000 level, as Trump seeks trade deals

Asian stocks surged as trade deal hopes lifted sentiment during President Trump’s Asia tour, with Japan’s Nikkei 225 topping 50,000…
Rupee falls 12 paise to 87.95 against US dollar amid rising crude prices
October 30, 2025

Rupee falls 12 paise to 87.95 against US dollar amid rising crude prices

The rupee slipped 12 paise to 87.95 against the US dollar on Monday, weighed down by higher crude oil prices…
IndiGo resumes Kolkata–Guangzhou direct flights after five-year gap
October 30, 2025

IndiGo resumes Kolkata–Guangzhou direct flights after five-year gap

IndiGo has resumed direct flights between Kolkata and Guangzhou, marking the return of air connectivity between India and China after…
Piyush Goyal to visit Brussels as India–EU trade talks reach decisive stage
October 29, 2025

Piyush Goyal to visit Brussels as India–EU trade talks reach decisive stage

Commerce and Industry Minister Piyush Goyal will visit Brussels on October 27–28 to meet EU Trade Commissioner Maros Sefcovic. The…
RBI proposes banks finance corporate acquisitions with stricter safeguard
October 29, 2025

RBI proposes banks finance corporate acquisitions with stricter safeguard

The Reserve Bank of India has proposed allowing banks to finance Indian companies for domestic or overseas acquisitions. The draft…
Reliance, Meta launch Rs 855 crore joint venture for enterprise AI in India
October 29, 2025

Reliance, Meta launch Rs 855 crore joint venture for enterprise AI in India

Reliance Industries and Meta have formed a Rs 855 crore joint venture, Reliance Enterprise Intelligence Limited, to market and distribute…
LIC defends Adani investments, cites independent decision-making
October 29, 2025

LIC defends Adani investments, cites independent decision-making

LIC clarified that its investments in Adani group companies were made independently, following board-approved policies and detailed due diligence. The…
Facebook takes 30% stake in Reliance AI venture; joint investment Rs 855 crore
October 28, 2025

Facebook takes 30% stake in Reliance AI venture; joint investment Rs 855 crore

Facebook Overseas will hold a 30% stake in Reliance Enterprise Intelligence Ltd, Reliance Industries’ new AI venture. The joint venture,…
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