- The great startup scramble for compliance clarity as privacy law deadline nearsAs the data privacy compliance deadline draws closer, startups are rushing to understand their obligations. Legal experts say confusion over exemptions, data governance, AI use, and vendor management is driving a surge in compliance requests.
- Oracle layoffs: 500 more employees lose their jobs — What we know about the affected departmentsOracle has laid off around 500 employees in Romania as part of a global restructuring strategy focusing on cloud and AI. This marks the second round of job cuts in Romania, following a previous reduction of 400 positions last year. Details here.
- Proptech unicorn Square Yards engages bankers for $300-mn IPOThe proptech firm is seeking a $2 billion valuation for its planned public listing next fiscal year, following a recent ₹900-crore funding round.
- Asian Paints is still searching for that perfect finish in home decorIn the last four years, Asian Paints' bath fittings, kitchens and lighting business has either declined or stagnated in revenue.
- Depth over breadth: Piramal Consumer Healthcare takes a leaf out of the modern FMCG playbookThe company is cutting new product launches by half and doubling down on quick commerce to chase a $200 million revenue target by 2030, CEO Sai Ramana Ponugoti told Mint.
- Draft National Electricity Data Sharing Framework unveiled June 29, 2026The framework will apply to all electricity sector data created and maintained by power generating companies, transmission licensees, distribution licensees, load despatch centres, regulatory commissions, government agencies including Central Electricity Authority, Grid India and power exchanges, among others.
- NPCI turns to AI to stop frauds from siphoning off money June 29, 2026India's banking sector is set to gain a powerful new weapon against digital fraud. The National Payments Corporation of India (NPCI) has initiated a pilot for an AI model that can detect and track stolen money in real-time as it moves across bank accounts. This innovative technology aims to intercept fraudulent transactions before funds vanish, signific […]
- 'Creditors can't seek claims beyond okayed resolution plan' June 29, 2026Creditors seeking duplicate recoveries from group companies after a resolution plan is finalized will be disappointed, the NCLT ruled. JM Financial ARC's bid to recover more from KSK Mahanadi Power via guarantees was dismissed, as the tribunal found their admitted dues were already fully satisfied. This landmark judgment clarifies that approved resoluti […]
- DGFT extends enhanced export insurance cover for West Asia shipments till September 30 June 29, 2026Indian exporters shipping to West Asia will benefit from extended enhanced insurance cover against payment defaults until September 30, 2026. This move, part of the RELIEF scheme, aims to bolster trade amidst the ongoing West Asia crisis and mitigate logistics challenges. The enhanced risk cover, initially set to expire sooner, now provides continued support […]
- India-Israel, GCC FTA talks temporarily stalled due to West Asia crisis: Piyush Goyal June 29, 2026India's free trade talks with Israel and the GCC are temporarily paused, while discussions with Canada are progressing rapidly. Commerce Minister Piyush Goyal highlighted these developments alongside ongoing negotiations with Chile, Mexico, SACU, and the Eurasia bloc. He also emphasized boosting India-Greece trade, targeting a doubling by 2030 through c […]
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