Google lays off over 200 AI contractors: Report
Tech giant Google has reportedly laid off more than 200 contractors working on its artificial intelligence projects, including Gemini and AI Overviews.
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Simple Energy makes country’s first rare earth free motors
Simple Energy, an IPO-bound electric scooter manufacturer, has commenced commercial production of India’s first rare earth-free motors at its Hosur facility. This move strengthens the company’s commitment to self-reliance and sustainable supply chains. The new motor line delivers comparable performance…
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Mother Dairy to pass on 100% GST benefit, prices on most products to decline from Sep 22
Mother Dairy will reduce prices on most products, including value-added dairy and processed foods under the Safal brand, starting September 22, 2025, passing on the full GST reduction benefit to consumers. This move aims to boost consumption of packaged foods,…
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India’s chemicals sector leads globally with 28% returns: Report
India’s chemicals industry has become the global leader in value creation, achieving a five-year total shareholder return (TSR) of 28 per cent from 2020 to 2024, significantly higher than the global average of 7 per cent, a report said on…
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Former Gameskraft CFO accused of diverting funds, incurring ₹250 cr losses in F&O trading
Gameskraft Technologies has accused its former Group CFO, Ramesh Prabhu, of diverting company funds into unauthorized futures and options trading, leading to substantial losses. Prabhu allegedly confessed to misusing funds and channeling them through a personal account, disguising the transactions…
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Unilever names Srinivas Phatak as permanent CFO amid strategic shift
Unilever PLC has officially appointed Srinivas Phatak as its new Chief Financial Officer, following his interim role since February 2025. His appointment, effective immediately, comes with a fixed salary of €1.175 million per year, plus bonuses. CEO Fernando Fernandez cited…
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