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. Early-stage skincare, perfume & cleaning solution startups can raise ₹50 Lakhs–₹4 Crores. Funding + scale support by StartupStreets & Family Office in India. StartupStreets.com, in collaboration with a reputed Family Office, is inviting applications from early-stage and bootstrapped consumer brands in the following
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 faces pressure as U.S. sanctions on Russian oil suppliers like Rosneft and Lukoil impact crude sourcing strategy, potentially affecting refining margins and profitability. Reliance Industries, India’s largest refiner, is rethinking its crude oil sourcing strategy due to U.S. sanctions on major Russian suppliers
Reliance Industries Under Pressure: U.S. Sanctions Impact Russian Crude Deals. Read More »
US AND CHINA BOTH HAVE SURPASSED THEIR GDP INTERMS OF DEBT. Discover which countries hold the highest government debt in 2025, including the U.S. and China whose debt now exceeds their GDP, based on IMF data. Countries With the Most Government Debt in 2025 (trillions, USD): 🇺🇸 U.S.: $38.27 🇨🇳 China: $18.68 🇯🇵 Japan: $9.83
US AND CHINA BOTH HAVE SURPASSED THEIR GDP INTERMS OF DEBT-2025 Read More »
GST Registration Gets a Boost: Auto Approval in 3 Days from Nov 1, 2025. From Nov 1, 2025, GST registration in India will get auto-approved within 3 working days for most low-risk applicants, easing compliance for MSMEs and startups. The Indian government is introducing a simplified GST registration process starting November 1, 2025, which will
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 »
