- IPO-bound Acko cuts 5% workforce as AI shift reshapes roles April 19, 2026Acko has cut around 60 jobs amid an AI-led shift as CMO Ashish Mishra exits ahead of IPO plans
- Srinivas Narayanan, Kevin Weil, Bill Peebles: OpenAI lost 3 executives in one day as science division shuts down April 19, 2026OpenAI lost Kevin Weil, Srinivas Narayanan and Bill Peebles in a single day as its science division was dissolved and Prism folded into Codex. Here's what happened.
- After bindi, tilak row, Lenskart releases dress code allowing religious symbols: 'Part of who we are' April 18, 2026Eyewear retailer Lenskart has released a revised in-store style guide affirming that religious and cultural symbols are permitted, following allegations from employees and social media users that earlier guidelines led to penalties during audits.
- HDFC Bank senior management backs Keki Mistry to continue as chairman April 18, 2026For the quarter ended March, HDFC bank’s loan growth rose 12% on year to ₹3.17 trillion, higher than 5.4% on year growth witnessed in the previous year. Deposits continued to outpace credit at ₹3.91 trillion, up over 14% on year.
- SMBC-backed Yes Bank poised for balance sheet expansion: MD Tonse April 18, 2026Yes Bank posted a net profit of ₹1,068 crore for the March quarter, up 44.7% on year.
- Cabinet clears Rs 12,980 crore maritime insurance pool to cut costs April 19, 2026India is launching the Bharat Maritime Insurance Pool, backed by a substantial sovereign guarantee of over ₹12,980 crore. This strategic initiative aims to offer unwavering maritime insurance coverage for Indian vessels, encompassing all maritime risks and significantly decreasing dependency on international insurers.
- Rupee depreciation forces Indian firms to adopt Yuan payments, boost local sourcing April 18, 2026Indian businesses are actively seeking ways to counter the weakening rupee. Companies are now making payments for Chinese imports in yuan, aiming for better supplier prices. Simultaneously, there is a strong push towards sourcing more goods locally. This strategy helps reduce dependence on imported items and manage rising costs. These efforts are crucial for […]
- Govt clears UP potato buy at Rs 6,500/ton, hikes gram cap in Andhra Pradesh April 18, 2026The government is stepping in to support farmers. Twenty lakh tonnes of potatoes will be bought in Uttar Pradesh. Gram procurement limits have been increased in Andhra Pradesh. Tur farmers in Karnataka will have more time to sell their produce. These measures aim to ensure farmers get fair prices and avoid distress sales.
- Below-normal monsoon and West Asia conflict cloud India's agriculture outlook: BoB April 18, 2026India's agriculture faces a challenging year. A below-normal monsoon forecast and the West Asian conflict threaten crop production and rural economic growth. The India Meteorological Department predicts rainfall at 92 percent of the Long Period Average, the lowest initial forecast in 25 years. Disruptions in gas supply also affect fertilizer and pestici […]
- Govt strengthens DGFT Norms Committees to speed up export authorisations, cut delays April 18, 2026New reforms aim to speed up approvals for exporters. The Directorate General of Foreign Trade has enhanced Norms Committees operations. This includes fixed meetings and clearing old applications. More technical experts have joined the committees. These changes are expected to cut costs and speed up processes for businesses.
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