BUSINESS

Microsoft plans ‘substantial’ layoffs at Xbox gaming division
June 27, 2025

Microsoft plans ‘substantial’ layoffs at Xbox gaming division

The job cuts at Xbox are expected to impact several teams and also affect employees working in Microsoft’s global sales…
India’s E-commerce market to hit $300 billion by 2030, driving $1 trillion digital economy
June 27, 2025

India’s E-commerce market to hit $300 billion by 2030, driving $1 trillion digital economy

India’s e-commerce market is projected to grow from $30 billion in 2020 to $300 billion by 2030, fueled by internet…
Rupee rises 21 paise to 85.87 on weaker dollar; crude price and FII outflows limit gains
June 27, 2025

Rupee rises 21 paise to 85.87 on weaker dollar; crude price and FII outflows limit gains

The rupee strengthened by 21 paise to 85.87 against the US dollar in early trade Thursday amid global dollar weakness.…
Sensex and Nifty extend gains for third day amid Iran-Israel ceasefire optimism
June 27, 2025

Sensex and Nifty extend gains for third day amid Iran-Israel ceasefire optimism

Sensex and Nifty rallied for the third straight session on Thursday, buoyed by optimism over the Iran-Israel ceasefire. Broader global…
GNG Electronics, Glottis and Amanta Healthcare get Sebi nod for IPOs
June 25, 2025

GNG Electronics, Glottis and Amanta Healthcare get Sebi nod for IPOs

The three firms had filed their preliminary IPO papers with Sebi during February-March. While GNG Electronics is into refurbishing laptops…
Centre unveils portal to promote EV car manufacturing, applications open till Oct 21
June 25, 2025

Centre unveils portal to promote EV car manufacturing, applications open till Oct 21

India launched the SPMEPCI portal to attract global EV makers and boost domestic manufacturing. With reduced import duties and incentives…
Gautam Adani hails Indian Armed Forces for successfully performing ‘Operation Sindoor’
June 25, 2025

Gautam Adani hails Indian Armed Forces for successfully performing ‘Operation Sindoor’

Gautam Adani praised Indian Armed Forces for Operation Sindoor against terror sites, highlighting Adani Defence’s role with drones. He honoured…
Adani Airports secures $1 billion from global investors for Mumbai International Airport upgrade
June 25, 2025

Adani Airports secures $1 billion from global investors for Mumbai International Airport upgrade

Adani Airports has raised $1 billion in project finance for Mumbai International Airport via global investors, marking India’s first IG-rated…
Iran-Israel conflict: Rice exporters stare at major disruptions, payment delays
June 24, 2025

Iran-Israel conflict: Rice exporters stare at major disruptions, payment delays

Basmati exporters in Haryana face severe disruptions due to the Iran-Israel conflict, with 1 lakh tonnes stuck at ports and…
SBI to train its employees to help deepen their financial understanding; to have bi-weekly yoga sessions
June 24, 2025

SBI to train its employees to help deepen their financial understanding; to have bi-weekly yoga sessions

SBI will train its 2.36 lakh employees in financial planning through a tie-up with FPSB India, enhancing customer service and…
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