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Bengaluru: The dreaded 6 am emails from Oracle leadership, along with the sudden revocation of VPN and Slack access, have come to define the ongoing layoffs in India. An estimated 10,000-12,000 employees in India -- out of its 50,000-strong workforce -- are likely to be affected, according to industry sources, while globally the company is said to be cutting around 30,000 roles.India, often described internally as a second headquarters for Oracle, is now bearing the brunt of the company's aggres ...Read More >
Mumbai: The Central Bureau of Investigation (CBI) has registered a case on Wednesday against M/s. Reliance Communications Ltd, Anil Ambani, unknown public servants and unknown others on allegations of causing wrongful loss of Rs 3750 crores to Life Insurance Corporation (LIC) of India. Case Filed on Complaint from LIC Regional Manager According to the CBI, the case has been registered on the basis of a complaint received from M.K. Tejan, regional manager, LIC of India Ltd. for offences of crim ...Read More >
Mumbai: D Y Patil International School, Worli, hosted a significant co-creation session in collaboration with the International Baccalaureate (IB), bringing together global leadership, 12 IB officials, and Heads and Coordinators from nine IB schools across Mumbai. Titled "Shaping the Future of Hybrid Learning," the session focused on preparing students to think independently and adapt in an evolving educational landscape. IB Director General Attends, Highlighting India's Growing Role The event ...Read More >
New Delhi, Apr 1: Onshore oilfield services provider Bvishal Oil and Energy has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of 1.8 crore shares, along with an offer for sale (OFS) of 77.09 lakh shares, according to the draft red herring prospectus (DRHP) filed on Tuesday. IPO structure and fund utilisation The Gujarat-based company plans to use proceeds from the fresh issue for c ...Read More >
New Delhi, Apr 1 (PTI) Onshore oilfield services provider Bvishal Oil and Energy has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of 1.8 crore shares, along with an offer for sale (OFS) of 77.09 lakh shares, according to the draft red herring prospectus (DRHP) filed on Tuesday. The Gujarat-based company plans to use proceeds from the fresh issue for capital expenditure and working ...Read More >
New Delhi: Fresh reports of layoffs at Oracle are drawing sharp reactions online, after a viral post claimed that a long-serving employee battling cancer was dismissed through an email with no prior conversation. The claim surfaced on a Reddit forum, where a user alleged that their father, who had worked at Oracle for 20 years under the same manager, was informed of his termination solely via email. The post has since triggered widespread criticism over how companies handle layoffs, especially ...Read More >
New Delhi, Mar 31 (PTI) Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) and Managing Director of the firm managing the REIT. Alok Aggarwal will continue as CEO and MD until June 30 and the appointment of Shashank Jain will be effective from July 1. In a regulatory filing on Tuesday, Brookfield India Real Estate Trust informed that the board of its manager Brookprop Management Services Pvt Ltd has approved the appointment of Jain as CEO and as ...Read More >
A local court on Friday granted seven-day police remand of Rajat Dahra, accused of embezzling ₹70 crore of Panchkula Municipal Corporation (MC) funds. The case, being probed by the State Vigilance and Anti-Corruption Bureau (ACB), Haryana, stems from serious discrepancies flagged in ₹145-crore fixed deposits (FDs) maintained by MC with Kotak Mahindra Bank, Sector 11, Panchkula. After lodging an FIR under the Prevention of Corruption Act and provisions of the Bharatiya Nyaya Sanhita on M ...Read More >
NEW DELHI: At an old age home in Asola Mehrauli, dinner is usually a quiet, reassuring routine for inmates. Food is served on time, medicines are handed out, and conversations drift till it is bedtime.On Monday, though, the rhythm was suddenly disrupted. Around 42 people, over 85 years old, were served only bread and fruit after the kitchen ran out of cooking gas. The disruption, highlighted in a post on X by the home's owner, Pravesh Jain, points to an alleged shortage of LPG cylinders that has ...Read More >
Karimnagar: The Enforcement Directorate (ED) has started a probe into a Rs 138 crore cyber fraud involving mule accounts, following the arrest of 25 persons by Karimnagar police in a case with alleged international links. Police Commissioner Goush Alam had earlier announced the arrests, which include RBL Bank manager Bhuvanagiri Kalyan and cashier Aisha Begum. Investigators said international cyber criminals routed stolen funds through local bank accounts, referred to as mule accounts, to obscu ...Read More >
Mumbai, Mar 11 (PTI) Capital markets regulator Sebi is exploring a new regulatory framework for Alternative Investment Funds (AIFs) that could speed up the launch of fund schemes, its Chairman Tuhin Kanta Pandey said on Wednesday. The proposed 'Lodge and Launch' model would allow certain AIF schemes to be launched faster by relying on due diligence certificates issued by merchant bankers, which reduces the time needed for regulatory approvals. Speaking at the IVCA Conclave 2026, Pandey said th ...Read More >
Deputy commissioner of police (north) Raja Banthia said that the action was taken after a 31-year-old Sadar Bazar resident approached the cyber police, claiming he had been cheated of ₹36,050 on the pretext of being sanctioned an online loan. According to the police, the complainant, Mohammed Shuaib, was looking for a loan and had approached several banks when, on August 25, he received a WhatsApp call from an unknown number. The caller allegedly introduced himself as a loan agent and promised ...Read More >
New Delhi: Saurabh and Gaurav Luthra, part owners of the 'Birch by Romeo Lane' nightclub in Goa where 25 people were killed in a massive fire over a week ago, have been deported from Thailand to India. NDTV claims to have accessed visuals of the Luthra brothers at Bangkok airport. They are being brought back on an IndiGo flight (6E1064) - which is scheduled to depart from the airport at 1.45 pm (IST). Upon landing in Delhi, the two will be produced before the Patiala House Court, with official ...Read More >
New Delhi, Dec 15 (PTI) The initial public offer of city-based Pajson Agro India received 6.59 times subscription on the final day of the offer on Monday. The Rs 74.4-crore IPO received bids for more than 2.71 crore equity (2,71,70,400) shares against 41,79,600 shares on offer, according to the data available on the BSE. The portion for Qualified Institutional Buyers (QIBs) received 10.92 times subscription, while the quota for non-institutional investors subscribed 7.26 times. The category fo ...Read More >
XLRI launches an Executive Diploma in Advanced Business Strategies with Simplilearn, targeting CXOs transitioning to strategic leadership roles. The 12-month hybrid program includes online classes and on-campus immersion, focusing on cross-functional expertise, strategic management, and innovation. It addresses growing demand for leaders adept at connecting corporate strategy with digital innovation. XLRI, in collaboration with Simplilearn, has announced the launch of an Executive Diploma in Ad ...Read More >
New Delhi, Nov 10 (PTI) Workmates Core2Cloud Solution on Monday said it has fixed a price band of Rs 200-204 per share for the Rs 69.8 crore initial share sale, which will open for public subscription on November 11. The initial public offering (IPO) will conclude on November 13. The equity shares are proposed to be listed on the BSE SME Platform, with a tentative listing date of November 18, the company said in a statement. The IPO is a combination of a fresh issue of 29.08 lakh equity shares ...Read More >
MS Dhoni-backed Finbud Financial Services, a phygital lending enabler, on Friday said it has fixed a price band of ₹140-142 per share for the ₹71.6 crore initial share sale. The initial public offering (IPO) will open for subscription on November 6 and close on November 10. Bidding for anchor investors will open for a day on November 4, Finbud Financial Services said in a statement. The IPO is entirely a fresh issue of 50.48 lakh equity shares, aggregating to ₹71.68 crore at the upper end ...Read More >
Ahmedabad: CID Crime on Tuesday initiated a probe into an alleged loan fraud case after the branch manager of State Bank of India's GIDC Electronics Estate branch in Gandhinagar filed a complaint. The complaint stated that two partners of a food processing firm diverted machinery and assets mortgaged against multiple credit facilities and left the loan accounts unpaid, causing a loss of over Rs 4.42 crore to the bank.According to the FIR, the loans were originally sanctioned to the firm in Oct 2 ...Read More >
Bengaluru: Artificial Intelligence (AI) is no longer confined to research labs or tech companies. It has quietly become an inseparable part of daily work life across sectors. From urban offices to the heart of rural farmlands, AI is reshaping how people work, learn, and measure productivity. In corporate India, companies are rapidly integrating AI tools into their everyday operations. Many firms are investing in paid versions of generative AI platforms and encouraging even non-technical employe ...Read More >
Mumbai, Oct 27 (PTI) Safecure Services, a security and facility management company, on Monday said it has fixed the price at Rs 102 per equity share for the Rs 30.6-crore initial share sale, which will open for public subscription on October 29. The initial public offering (IPO) will conclude on October 31. Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof, Thane-based Safecure Services said in a statement. The IPO is entirely a fresh issue of 30 lakh equ ...Read More >
Kolkata: A tragedy that unfolded on the Hyderabad-Bengaluru corridor, where a private sleeper coach was engulfed in flames after colliding with a two-wheeler in Kurnool district, Andhra Pradesh, on Friday morning has sent shock waves among major bus operators in Kolkata. Transport department officers have asked bus operators to strictly adhere to safety protocols issued by the state govt.The fire reportedly began when the bike went under the bus and its fuel cap came off, generating sparks that ...Read More >
Singapore Police Force is expected to provide crucial evidence, including CCTV footage and witness statements, within 10 days regarding Zubeen Garg's death. Assam Police are actively investigating the case, seeking cooperation through legal channels to expedite the probe and file a chargesheet within three months. Singapore Police Force (SPF) is likely to provide crucial evidence, including CCTV footage and statements of eye witnesses, related to the death of Zubeen Garg within the next 10 days ...Read More >
Ludhiana: A tragic boiler blast at the Verka milk plant on Ferozepur Road late Wednesday night claimed one life and left five others seriously injured. The deceased, Kunal Jain (42), a resident of Haibowal and a boiler attendant, grade one, succumbed to his injuries at Dayanand Medical College and Hospital (DMCH). The injured -- Kulwant Singh, Puneet Kumar, Ajit Singh, Davinder Singh, and Gurtej Singh -- are currently under medical care and reported to be out of danger.According to Ashwani Kumar ...Read More >
A viral video shows a guest at a Taj Hotel being asked to uncross her legs while dining, sparking a national debate. While some decry the incident as classist and humiliating, others argue fine dining establishments have decorum expectations. The controversy highlights the tension between personal comfort and public etiquette in elite spaces.A recent video from inside a luxury restaurant has taken social media by storm- not for what was served on the table, but because of how a guest sat at it. ...Read More >
New Delhi, Oct 22 (SocialNews.XYZ) India's luxury goods market is projected to see 10 per cent growth to reach $12.1 billion by 2025, emerging as a significant player in the global luxury market, a new report has said. The luxury retail landscape is being reimagined, with brands moving beyond transactional spaces to offer curated lifestyle experiences, according to data analytics company Euromonitor International. South Africa (15 per cent), India (10 per cent), and the United Arab Emirates (9 ...Read More >
A prominent Indian tech firm has gone viral for its generous Diwali gift to employees. Videos from Info Edge employees have flooded Instagram over the last two days, showing the Diwali gifts they received from the company. Each Info Edge employee received a set of VIP suitcases, a box of snacks, and a diya from the tech firm. Dozens of videos showing the gifts have surfaced online, while hundreds of Instagram users have reported seeing these Reels while casually scrolling the photo and video sh ...Read More >
Bengaluru - FYERS, a technology-first brokerage and investment platform, has announced the listing of Specialized Investment Funds (SIFs) on its platform, marking a significant advancement towards empowering self-directed investors with institutional-grade strategies. This integration positions FYERS as the first stock broking platform in India to offer the full suite of SEBI-regulated SIFs and will include offerings by SBI, Quant, and Edelweiss, bringing trusted and proven investment solutions ...Read More >
Jammu: Directorate of School Education Jammu (DSEJ) has declared Pooja holidays for all government and recognised private schools across Jammu Division from October 19 to October 23, 2025. According to an order issued by the Director School Education Jammu (DSEJ) said It is hereby ordered that all the Government Educational institutions and also recognized Private School (s) upto Higher Secondary levels (Summer /Winter Zones) of Jammu Division shall observe Pooja Holidays w.e.f 19-10-2025 to 23 ...Read More >
Bengaluru - An investor group including Singapore's Temasek, BlackRock, Microsoft and Nvidia is buying one of the world's biggest data centre operators with nearly 80 facilities in a deal worth US$40 billion (S$51.8 billion) to secure coveted computing capacity for artificial intelligence (AI). The deal is the biggest-ever data centre transaction as companies race to lock in AI computing power. Aligned Data Centers, which is based in Texas, currently has 50 campuses in the United States and So ...Read More >
Bengaluru, October 10: A 31-year-old man was found dead under suspicious circumstances in a pub's washroom in Rajarajeshwarinagar of Karnataka's Bengaluru early on Friday, October 10. Police have not yet determined the cause of his death. According to the report, the deceased was a bank manager. A probe has been launched. The deceased was identified as Megharaj, also called Meghanand, news agency PTI reported. Megharaj lived on Ullal Main Road and was originally from Maddur in Mandya district, ...Read More >
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