After The Boom: Why India’s UPI Players Are Under Strain
India’s UPI ecosystem is at a crossroads. As transactions volume and value reach record levels, the government is gently pushing…
Eicher delivers 13.5m electric sleeper bus for intercity routes; 35 by March 2026
Eicher Trucks & Buses has delivered its first 13.5m electric intercity sleeper coach, with 35 buses set for North India routes by March 2026 through operator LeafyBus.
Amazon expands Amit Agarwal’s role to lead global selling partner services
Agarwal, currently Senior Vice President for International Emerging Stores, will continue to oversee Amazon’s marketplace operations across a group of high-growth countries while taking on leadership of SPS.
Nike faces heat from Trump administration over alleged discrimination claims against white workers
The US Federal Agency, the Equal Employment Opportunity Commission (EEOC), has opened an investigation against Nike, the sportswear giant, for allegedly discriminating against white workers and has sought documents dating back to 2018.
Urban Company and the trust-first playbook for services
How Urban Company solved fraud, safety and pricing fears to build trust in India’s home services market through verification, training and accountability.
Who is Indian-origin Balaji Krishnamurthy? Uber appoints MDI Gurgaon alum as CFO
Balaji Krishnamurthy, Uber’s current Vice President of Strategic Finance, will assume the role of its Chief Financial Officer on February 16.
Blackstone appoints bankers for Piramal Glass IPO
Blackstone is preparing PGP Glass for a public listing. Axis Capital, Bank of America, and HSBC are appointed as lead bankers. The company aims to raise between $400 million and $500 million. PGP Glass is a global specialist in glass packaging solutions. It serves customers in cosmetics, spirits, and pharmaceuticals. The company has operations in India and Sri Lanka.
Boeing to cut around 300 defense supply chain jobs
Boeing Co is eliminating about 300 supply chain jobs from its defense division, and is notifying affected workers this week.
Wonder Products Group explores 30-35% stake sale for about $250 million, engages PwC as advisor
The valuation discovery is still underway as the company aims to professionalize ahead of a public listing. Established in 1994, it specializes in contract manufacturing for personal care and cosmetics.
Race for RCB: Dr Ranjan Pai, Adar Poonawalla, EQT, Premji Invest submit non-binding bids
Private equity giant Blackstone is also planning to submit a potential non-binding bid, but no final decision has been taken, sources said
Washington Post cuts a third of its staff, including Ishaan Tharoor
The Washington Post laid off one-third of its staff, cut its sports section and foreign bureaus which included Ishaan Tharoor, the son of Congress MP Shashi Tharoor. WaPo's decision sparked outrage from figures like Nancy Pelosi and Martin Baron over journalism’s future.