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PAGE 17

Nestle plans layoffs that will affect 16,000 jobs globally over next two years

Updated on Oct 16, 2025 07:34 IST

Nestle CEO Philipp Navratil said Nestle was increasing its savings target to 3 billion Swiss francs by the end of 2027. That needs layoffs.

Ola Electric launches Ola Shakti battery even as cell manufacturing plans stall

Ola Electric believes it can scale Ola Shakti BESS with “zero incremental capex and R&D spends”.

Updated on Oct 16, 2025 06:35 IST

Axis Bank, HDFC Bank lead BSE Sensex, NSE Nifty 50 higher at open today

A man enters a branch of Axis Bank in New Delhi, India.

Updated on Oct 16, 2025 04:42 IST

India's exports to US in September plunge the most since the beginning of 2025

Nearly 55% of India's exports to the US were affected by the tariffs.

Updated on Oct 16, 2025 04:17 IST

Gold price climbs to record on US-China tensions and US Fed rate-cut bets

Gold price has risen about 5% so far this week and touched a peak above $4,227 an ounce amid a "US-China trade war" and prospects of an outsized US Fed rate cut.

Updated on Oct 16, 2025 03:40 IST

TVS Apache RTX breaks cover as TVS Motor enters fastest-growing ADV segment

The management of TVS Motor Co. at the launch event for the TVS Apache RTX in Theog, Himachal Pradesh, on Wednesday, 15 October 2025.

Updated on Oct 15, 2025 15:01 IST

Apple wants India to modify a tax law that hinders its expansion in the country

Apple's contract manufacturers Foxconn and Tata have pumped in billions of dollars to open five plants, but millions of those expenses go into acquiring pricey machines for iPhone assembly.

Published on Oct 15, 2025 09:37 IST

Hyundai outlines ₹45,000-crore India growth plan amid sliding market share

Hyundai CEO Jose Munoz at Hyundai India's first investor day in Mumbai on Wednesday, 15 October 2025.

Updated on Oct 15, 2025 06:54 IST

IPL valuation shrinks for second year in a row to $8.8 billion, new report shows

Cricketer Virat Kohli's Royal Challengers Bangalore is the latest winner of the Indian Premier League in 2025.

Updated on Oct 15, 2025 06:29 IST

Trump tariffs unite India and Brazil to triple their $12-billion bilateral trade

India's Prime Minister Narendra Modi and Brazil's President Luiz Inacio Lula da Silva in Brasília in July 2025. Both India and Brazil are founding members and de facto leaders of the BRICS, the bloc of emerging world powers that Donald Trump loathes.

Updated on Oct 15, 2025 05:55 IST

Gold hits record high, silver eases amid US Fed rate-cut, US-China trade woes

The safe-haven gold has gained 59% year-to-date, driven by multiple factors.

Published on Oct 15, 2025 05:18 IST

The LG confusion? LG India's listing pops auto parts stock to 52-week highs

While LG Balakrishnan & Bros Ltd. is an auto components maker based in Coimbatore, LG Electronics India Ltd. sells home appliances.

Updated on Oct 15, 2025 04:04 IST

Hyundai India gets first Indian CEO in Tarun Garg since Santro launch in 1999

Hyundai India MD & CEO Designate Tarun Garg.

Updated on Oct 15, 2025 05:11 IST

Jerome Powell hints at more US Fed rate cuts amid jobs slowdown

Chair Jerome Powell has reiterated that the US Federal Reserve is slightly more worried about the job market than its other congressional mandate, which is to keep the US inflation in check.

Updated on Oct 14, 2025 17:06 IST

Goldman Sachs warns staff of more layoffs as AI saves costs

Goldman Sachs' headcount was 48,300 at the end of September, about 1,800 more employees than at the end of last year.

Updated on Oct 14, 2025 16:46 IST

IMF sees India growing faster than estimated earlier despite US tariff impact

A vegetable market in Ahmedabad. India's sweeping GST reforms is set to boost consumption in the face of crippling US tariffs.

Updated on Oct 14, 2025 14:58 IST

Google announces first AI hub in India, its biggest outside US - 10 points

Google will invest about $15 billion over five years (2026–2030) to set up its first AI hub in India, located in Vizag.

Published on Oct 14, 2025 11:13 IST

Google partners Adani, Airtel to build India's largest AI data centre in Vizag

Adani Group Chairman Gautam Adani.

Updated on Oct 14, 2025 10:44 IST

Now you can withdraw up to 100% PF: EPFO's 7 new rules explained

The EPFO manages the retirement savings of nearly 70 million salaried workers across sectors.

Published on Oct 14, 2025 06:18 IST

LG India notches up a market cap higher than its South Korean parent

After Hyundai, LG is set to become the second South Korean company to be listed in India.

Updated on Oct 14, 2025 06:18 IST

Silver price hits all-time high of $53 as London squeeze sparks market havoc

Some traders to book cargo slots on transatlantic flights for silver bars—an expensive mode of transport typically reserved for gold—to profit off higher prices in London.

Published on Oct 14, 2025 04:15 IST

LG India surges by 48% in best trading debut for a billion-dollar IPO in India

LG Electronics is the second South Korean company after Hyundai Motor to tap India's red-hot IPO market.

Updated on Oct 14, 2025 12:53 IST

Foxconn set to invest ₹15,000 crore in Tamil Nadu, to create 14,000 jobs

Foxconn Group's presence in India dates back to 2017 when it first started assembling iPhones in Sriperumbudur, Tamil Nadu.

Updated on Oct 14, 2025 03:24 IST

What's causing the silver shortage in India this festive season?

In the first eight months of 2025, silver imports fell 42% to 3,302 tonnes, while investment demand, especially from silver ETFs, soared to record levels.

Updated on Oct 13, 2025 14:09 IST

SBI wants a third of its total employees to be women by 2030

SBI has a staff strength of more than 2.4 lakh—the highest in Indian banking.

Updated on Oct 13, 2025 12:02 IST

India's retail inflation rate dips to lowest since June 2017

the above-normal monsoon this year has boosted agricultural output and helped drive down food prices and, therefore, India's inflation rate.

Updated on Oct 13, 2025 11:24 IST

A stable rupee vs dollar fuels speculation of RBI returning to old playbook

The RBI is keeping a close watch of the rupee's movements and would take "appropriate steps" as warranted, Governor Sanjay Malhotra had said earlier in October.

Updated on Oct 13, 2025 09:39 IST

Muhurat Trading 2025: What makes this year's Diwali trading session unique

While Muhurat Trading is more symbolic than tactical, many investors and traders place small “token” trades to mark the occasion.

Updated on Oct 13, 2025 09:07 IST

What is Gold ETFs? Meaning, how they work, benefits, and how to invest

As India's gold appetite increasingly shifts from lockers to the cloud, Gold ETFs stand out as a bridge between tradition and technology.

Updated on Oct 13, 2025 07:12 IST

Tata Capital shares rise 2% over IPO price after India's biggest IPO of 2025

The Tata Capital IPO is the first initial public offering from the House of Tata since Tata Technologies' nearly two years ago.

Updated on Oct 13, 2025 09:25 IST

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