Category: Latest NEWS

Key Highlights : TCS declares delayed pay rises of 4.5%–7% for around 80% of employees with effect from September 1, 2025. Senior performers to get 10%+ increases, while senior employees are left out in the face of 12,000+ redundancies and restructuring.   Key Background : TCS normally adjusts employees’ salaries…

Key Highlights : Flipkart acquires majority stake in Pinkvilla as it makes an offer to win over Gen Z and millennial shoppers. Deal worth about $15 million will give Flipkart over 75% stake. Strategic buy to combine content-driven engagement with e-commerce growth.   Key Background : India’s biggest e-commerce portal,…

Key Highlights : Tata Steel reduced online order delivery time from seven to three days. It is powered by more than 600 AI and IoT models, enhancing efficiency, safety, and customer satisfaction.   Key Background : One of India’s oldest and biggest steel makers, Tata Steel, has undergone a fundamental…

Key Highlights : Max of 7.5% cashback on Myntra, 5% on Flipkart, Shopsy & Cleartrip, and 4% on Zomato, Uber, Netmeds & PVR, and 1% on everything else. ₹500 card membership fee with welcome offers valued at ₹1,250; annual renewal fee waiver on spends above ₹3.5 lakh. Festive launch promotion…

Key Highlights : Apple Koregaon Park, Pune, will open to customers on September 4, 2025, as the fourth company-owned store in India. The store will be 10,000 sq ft with all the Apple experience products, services, Genius Bar, workshops, and a Pune cultural theme.   Key Background : Apple’s entry…

Key Highlights : WizCommerce has raised $8 million in Series A funding from Peak XV Partners, with participation from Blume Ventures, Z47, and Alpha Wave. The AI platform handles $100M+ GMV per year, supporting 700 reps and 300,000 buyers, and plans to introduce an “AI workforce” for wholesale distributors.  …

Key Highlights : Elista has ordered a ₹250 crore, 1.32 lakh sq. ft. state-of-art manufacturing unit at Kadapa, Andhra Pradesh. The unit has started exports to Dubai, with a capacity of two million units a year, and state-of-art and green technologies.   Key Background : Dubai-based TeknoDome Group’s Elista has…

Key Points : OpenAI is opening its first office in New Delhi in 2025 and has already initiated local hiring. India is now ChatGPT’s second largest market, with usage growing fourfold in the last one year.   Key Background : OpenAI opening an office in New Delhi marks a milestone…

Key Highlights : Users can now search and inquire about Vrindavan land plots by simply typing “Land” in the app of Zepto, with HoABL experts reaching out within 10 minutes. The partnership combines Zepto’s velocity with HoABL’s digital-first property strategy with an aim to democratize land ownership in India.  …

Key Highlights : The firm has started producing laptops in its Greater Noida facility, solidifying its manufacturing base in India. The action strengthens the government’s “Make in India” policy by discouraging imports and improving local manufacturing. Samsung leads the phone market but is not meaningfully established in laptops in India…