- Sonos Makes Marketing Cuts as New CMO Reshapes Division April 1, 2026Sonos Inc. eliminated jobs on its marketing team Wednesday, with new Chief Marketing Officer Colleen DeCourcy telling employees that the division “had grown into something too diffuse to move at the speed this brand needs.”
- ‘Built in the 1940s to count tanks’: Nithin Kamath questions if GDP is right measure of progress April 1, 2026Zerodha founder and CEO Nithin Kamath has debated reliance on GDP as a measure of economic growth and progress, noting its shortcomings when it comes to reflecting public welfare and the environment.
- Vodafone Idea adds users after 5 years April 1, 2026The modest user additions signal a potential turnaround for the struggling telecom operator. The gain reflects its recent network expansion and government relief on AGR dues.
- Elon Musk's SpaceX submits draft IPO filing ahead of AI rivals Anthropic, OpenAI, says report — Here's what we know April 1, 2026SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk’s rocket, satellite and AI company closer to delivering the biggest-ever listing.
- More than 16 lakh government email accounts migrated to Zoho’s cloud platform at a cost of ₹180 crore April 1, 2026The Central government has migrated 16.68 lakh official email accounts to Zoho's cloud platform, with costs totaling ₹180.10 crore. This initiative aims to improve email security and modernize communication systems while ensuring government data ownership.
- GAAR shadow over payments abroad worries India Inc April 1, 2026India Inc seeks clarity on General Anti-Avoidance Rules (GAAR) for payments to foreign entities after a Supreme Court ruling. The government offered partial relief on GAAR for old stock investments, but companies want assurance against tax officials invoking GAAR on dividends, interest, and royalties.
- India has managed war disruptions better than many other economies: P D Singh April 1, 2026Indian businesses and banks are navigating the West Asia conflict with resilience. Deal pipelines remain largely unaffected, with only war-linked transactions paused. While supply chain disruptions pose a risk, India's economic buffers are strong. Business activity in Gujarat's GIFT City is growing, and deposit mobilization is a key challenge for b […]
- Real GDP growth may slow on costly crude: Credit rating agencies April 1, 2026Icra projected GDP growth at 6.5% in FY27, assuming average crude price remains in excess of $85 a barrel this year, while Care Ratings projected a similar growth on higher average fuel-price assumptions-at $100 per barrel. However, Crisil expects robust balance sheet structures to provide sufficient undergirding against credit risks for an overwhelming perc […]
- USTR lists India's UPI and data rules as trade barriers April 1, 2026America has identified several trade barriers in India. These include India's preference for local satellites for DTH services and the exclusion of US payment firms from UPI. Data localization rules and high tariffs on agriculture products are also cited. The US is pushing for more access to India's dairy market. Discussions for an interim trade ag […]
- SEZ units can sell locally at lower duty for one year April 1, 2026India has announced a one-time relief for Special Economic Zone (SEZ) units, allowing them to sell goods in the domestic market at a lower customs duty for one year. This measure, along with a six-month extension of fiscal benefits under RoDTEP, aims to support exporters amid global crises and enhance export competitiveness by enabling better capacity utiliz […]
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