Category: Latest NEWS

Key Highlights : Prime Minister Modi unveiled a ₹1,000 coin commemorating 1,000 years of Rajendra Chola I’s naval expedition and the founding of Gangaikonda Cholapuram. The event, held at the ancient Brihadisvara Temple, featured spiritual rituals and cultural performances including music by Ilaiyaraaja. Statues of Rajaraja and Rajendra Chola will…

Key Highlights : India native Shailesh Jejurikar will become CEO of P&G on January 1, 2026. Existing CEO Jon Moeller will be named Executive Chairman. Jejurikar has over 35 years of international leadership experience with P&G.   Key Background : Shailesh Jejurikar’s naming as new CEO of Procter & Gamble…

Key Highlights : TCS to reduce about 12,000 employees (2% of its workforce) in FY26, primarily affecting mid and senior grade personnel. The move is strategic reorganisation, necessitated by skill mismatches and changing client needs, and not AI-facilitated automation.   Key Background : Tata Consultancy Services, one of the top…

Key Highlights : PayPal launches “PayPal World,” a new global cross-border payments platform that includes India’s UPI. Launch partners are NPCI (India), Tenpay Global (China), Mercado Pago (Brazil), and Venmo (USA). The platform will unite almost 2 billion users and make wallet-to-wallet transactions around the world easier.   Key Background…

Key Points : Maruti Suzuki Fronx was the fastest Indian SUV to reach 1 lakh exports in 25 months. It was the fastest exported passenger vehicle from India above 69,000 units for FY 2024-25. Maruti Suzuki was the largest passenger vehicle exporting company in India for four consecutive years.  …

Key Highlights : Bengaluru shopkeepers are rejecting UPI and digital payments in anticipation of retrospective GST liabilities. More than 14,000 small retailers were sent tax notices following UPI reports of turnovers higher than GST registration thresholds. Merchants are organizing a three-day protest calling for clarity and GST notice withdrawal.  …

Key Points: Maruti Suzuki to hit 500 new service centres by FY26; 91 already functional. 5,500+ touchpoints for two-wheeler service network in 2,764 cities. 27 million vehicles served in FY25, with 460 centres added.   Key Background: Maruti Suzuki’s service network expansion comes at a crucial time when consumer expectations…

Key Highlights: WhatsApp rolls out Status Ads and Promoted Channels for some Android beta testers. Ads are limited to public spaces alone, with large “Sponsored” labels. New features include ad-blocking and transparency in the form of Activity Reports. Key Background: WhatsApp, acquired by Meta in 2014, has circumvented advertising for…

Key Points: Reliance Retail has bought brand Kelvinator, an ageing home appliance brand, in a bid to consolidate its consumer durables business. The acquisition is that of rights of brand Kelvinator, washing machine and refrigerator brand, in India and some other foreign markets. Electrolux parent company of Kelvinator has closed…