Amazon Announces Historic Layoffs of 30,000 Corporate Employees as AI Reshapes Workforce Strategy. In a move that underscores the sweeping impact of artificial intelligence on corporate structures, Amazon has announced plans to lay off up to 30,000 corporate employees, marking the largest workforce reduction in the company’s history. The announcement, confirmed by multiple news outlets
AUDIT COMMITTEES FAILING TO CHALLENGE MANAGEMENT ON ASSET IMPAIRMENT, NFRA WARNS The National Financial Reporting Authority (NFRA) has warned that some audit committees are failing in their duty to critically challenge management’s assumptions on asset impairment. Key issues raised by NFRA. Weak oversight: The report noted weak engagement between statutory auditors and audit committees, resulting
AUDIT COMMITTEES FAILING TO CHALLENGE MANAGEMENT ON ASSET IMPAIRMENT, NFRA WARNS Read More »
Global private-equity major Blackstone to invest ₹6,200 crore (US$705 million) for a near-10% stake in India’s Federal Bank — signalling a strong vote of confidence in India’s private banking sector. Deal overview On 24 October 2025, Federal Bank’s board approved a deal whereby Blackstone’s affiliate, Asia II Topco XIII Pte Ltd, will subscribe to up
Funding Availability: Investments Open for Skincare, Perfume & Cleaning Solution Startups StartupStreets.com, in collaboration with a reputed Family Office, is inviting applications from early-stage and bootstrapped consumer brands in the following sectors: 💄 Skincare We’re backing ingredient-led, honest skincare brands that are redefining beauty with authenticity and innovation. What we’re looking for: ✨ Ingredient-led innovation
Vision for Growth: How Lenskart Is Perfectly Framed for a Billion-Dollar Debut Lenskart’s initial public offering (IPO) is scheduled to open for subscription from October 31, 2025, to November 4, 2025. The price band for the IPO has been fixed at ₹382 to ₹402 per equity share, with the company aiming to raise ₹2,150 crore
Vision for Growth: How Lenskart Is Perfectly Framed for a Billion-Dollar Debut Read More »
RBI Allows Silver as Loan Collateral — A New Era for Metal-Backed Financing In a significant move aimed at expanding access to credit and diversifying collateral options, the Reserve Bank of India (RBI) has approved the use of silver as collateral for loans. This decision allows banks and Non-Banking Financial Companies (NBFCs) to extend loans
RBI Allows Silver as Loan Collateral — A New Era for Metal-Backed Financing Read More »
Reliance Industries Under Pressure: U.S. Sanctions Impact Russian Crude Deals Reliance Industries, India’s largest refiner, is rethinking its crude oil sourcing strategy due to U.S. sanctions on major Russian suppliers like Rosneft and Lukoil. While the company continues to grow, the benefits of cheap Russian oil have diminished, and Reliance may face an earnings hit
Reliance Industries Under Pressure: U.S. Sanctions Impact Russian Crude Deals. Read More »
US AND CHINA BOTH HAVE SURPASSED THEIR GDP INTERMS OF DEBT Countries With the Most Government Debt in 2025 (trillions, USD): 🇺🇸 U.S.: $38.27 🇨🇳 China: $18.68 🇯🇵 Japan: $9.83 🇬🇧 United Kingdom: $4.09 🇫🇷 France: $3.92 🇮🇹 Italy: $3.48 🇮🇳 India: $3.36 🇩🇪 Germany: $3.23 🇨🇦 Canada: $2.60 🇧🇷 Brazil: $2.06 🇪🇸 Spain: $1.90
US AND CHINA BOTH HAVE SURPASSED THEIR GDP INTERMS OF DEBT Read More »
GST Registration Gets a Boost: Auto Approval in 3 Days from Nov 1, 2025 The Indian government is introducing a simplified GST registration process starting November 1, 2025, which will grant automatic approvals within three working days for most new applicants. This initiative aims to ease compliance and reduce human interface in the registration process,
GST Registration Gets a Boost: Auto Approval in 3 Days from Nov 1, 2025 Read More »
Investing in the Future of Play — The Growing Opportunity in India’s Toy Industry India’s toy market is witnessing a dynamic transformation — evolving from a price-sensitive, import-dependent sector into a vibrant, innovation-led ecosystem that thrives on design, education, sustainability, and cultural relevance. This shift opens up tremendous opportunities for startups that are building the
Startup Funding available for the Growing Opportunity in India’s Toy Industry Read More »
