Economic Times20.04.2026BusinessIndia
BackIndia Inc keeps leadership hiring on track-for now
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يتطور·23 dk önce
Trent Reports 19% Revenue Surge in Q1 FY27 Driven by Store Expansion
Tata Group retailer Trent's revenue jumped 19% to Rs 5,666 crore in Q1 FY27, fueled by aggressive expansion of its Westside and Zudio stores. The company added 20 new outlets, now operating over 1,300 stores.
Economic Times
يتطور·33 dk önce
Microsoft Begins New Fiscal Year with Significant Layoffs, Xbox Hit Hardest
Microsoft has laid off approximately 4,800 employees, about 2.1% of its global workforce, as its new fiscal year begins. The cuts primarily affect the commercial sales and Xbox gaming divisions, with Xbox planning further reductions and studio spin-offs.
Times of India
يتطور·44 dk önce
Indian Oil Companies Face Rs 75,000 Crore Loss in Q1, Break-Even Possible Soon
State-run Indian oil companies absorbed over Rs 75,000 crore in losses in Q1 FY24. While petrol and diesel sales may reach break-even in 7-10 days if crude prices stabilize around $75/barrel, LPG sales continue to incur losses. OPEC+ production hikes aim to ease global prices.
Times of India
عاجل·1 sa önce
Saudi Arabia Slashes August Arab Light Crude Price for Asia to Lowest Since June 2020
Saudi Arabia significantly cut its August Arab Light crude oil price for Asia to $1.50 a barrel below the Oman/Dubai average, marking its lowest level since June 2020. This deep reduction, which exceeded market expectations, follows a sharp decline in spot crude markets due to increased Middle Eastern supplies.
Economic Times
يتطور·2 sa önce
Fintech Startup Navi Plans FY27 IPO to Raise Rs 3,000 Crore
Navi, co-founded by Sachin Bansal, is preparing to file draft IPO papers in the March quarter of FY27 to raise approximately Rs 3,000 crore, appointing Kotak Investment Banking. This follows a deferred 2022 IPO attempt and ongoing external funding discussions with Prosus to establish a valuation benchmark.
Economic Times
يتطور·3 sa önce
FSSAI Issues Notices to Brands for Misleading Claims
The Food Safety and Standards Authority of India (FSSAI) has issued notices to several food brands, including Heritage Fresh Paneer and La Casa vegan hazelnut chocolate spread, for making misleading claims on their packaging regarding freshness, organic content, and vegan status. The regulator is cracking down on deceptive labeling practices across the food sector.
Times of India