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File photo of the Enforcement Directorate (ED). | Photo Credit: PTI The Enforcement Directorate (ED) has arrested three accused in a case alleging that DJW Electric Power Projects Private Limited fraudulently took loans from various entities. Those arrested have been identified as two company directors, Dandamudi Venkateswara Rao and D. Shanthi Kiran, and Mr. Rao’s brother D….
The four codes broadens worker protection, easing business operations and promoting a pro-worker labour ecosystem. | Photo Credit: PTI After a long wait of over five years, the Central government has fully operationalised the four labour codes by publishing rules, ensuring minimum wage and universal social security for all workers. The four codes, namely the…
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A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai, India. | Photo Credit: Reuters The Reserve Bank of India (RBI) officers’ union has written a letter to RBI Governor Sanjay Malhotra, seeking his intervention to correct the promotion policy and restore a time-bound system. RBI officers across various regional offices…
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Image used for representational purposes only. File | Photo Credit: Reuters Titan Company, the fashion accessories, jewellery, watches and eyewear businesses of Tata Group, has on Friday (May 8, 2026) posted a Q4 net profit of ₹1,179 crore, a 35% rise over ₹871 crore in the corresponding period a year ago. Ajoy Chawla, Managing Director,…
Read More “Titan Company net profit at ₹1,179 crore in Q4, up 35%” »
State-run oil marketing companies (OMCs) have bled an estimated ₹30,000 crore in losses since mid-March as they kept fuel and LPG supplies flowing without raising retail prices despite facing an energy disruption that is bigger than all previous crises combined. Indian Oil Corporation Limited (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited…
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 25 paise to close at 94.47 (provisional) against the U.S. dollar on Friday (May 8, 2026), after rising in the past two sessions, on renewed tensions between the U.S. and Iran over the Strait of Hormuz. Forex traders said investor sentiments…
Read More “Rupee falls 25 paise to close at 94.47 against U.S. dollar” »
Foreign fund outflows and a weak trend in global markets further added to the bearish trend. | Photo Credit: Reuters Equity markets stayed on the back foot for the second day on Friday (May 8, 2026) as fresh geopolitical tensions in West Asia revived concerns over energy supplies and weighed heavily on investor sentiment. Foreign…
AWS did not immediately respond to a Reuters request for comment seeking further details on what caused the overheating [File] | Photo Credit: REUTERS Amazon’s cloud unit reported an outage at one of its data centre zones in northern Virginia on Thursday, while derivatives marketplace CME Group and cryptocurrency exchange Coinbase said there were issues…
Read More “AWS working to restore cooling at North Virginia data centre; Coinbase impacted” »
India currently represents Adobe’s largest workforce outside the United States. File | Photo Credit: Reuters Global technology major Adobe on Friday (May 8, 2026) announced the opening of a new office in Noida, making it the San Jose-headquartered company’s seventh office in India. Located in Sector 129, the new campus will house more than 700 employees…
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Image used for representation purpose only. | Photo Credit: Reuters A board meeting of Sir Ratan Tata Trust scheduled for Friday (May 8, 2026) to reconsider nominations to the board of Tata Sons was cancelled for unspecified reasons, people with direct knowledge of the matter said. The meeting was cancelled despite the Bombay High Court…
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