The e-commerce giant has stepped up to address government pressure by making overdose medicine more accessible in the workplace. This move positions the company as one of the largest U.S. employers to actively respond to the ongoing opioid crisis, aiming to enhance workplace safety and support for employees in need.
Volkswagen has cut its sales and profitability forecasts for this year. The decision comes as more European carmakers lower their targets, navigating a challenging shift to electric vehicles. This adjustment highlights the growing difficulties the industry faces during this transition.
Ireland’s data protection watchdog has fined Meta Platforms after discovering that the company stored passwords for some Facebook and Instagram users without adequate safeguards. This breach raised serious concerns about user privacy and data security. The fine highlights ongoing scrutiny over how tech giants handle sensitive user information.
Apple Inc.’s stock soared on Monday following a positive report from J.P. Morgan about iPhone availability. The boost was driven by improvements in the iPhone 16 base models, creating a wave of optimism among investors.
 "Federal Reserve anticipates gradual rate cuts as inflation slows, but uncertainty looms over future economic conditions and job market stability.")
Federal Reserve Chair Jerome Powell stated that the U.S. economy is seeing slow but steady progress in reducing inflation, which could lead to further interest rate cuts. Speaking at a conference in Nashville, Powell emphasized that disinflation is becoming more widespread and indicated that the Fed’s target inflation rate of 2% is within reach. He ...
 "Max Estates’ ‘Estate 360’ in Gurugram surges with Rs 4,100 crore in pre-sales, redefining luxury living in just one month.")
Max Estates Ltd has successfully launched its first residential project, ‘Estate 360,’ in Gurugram, generating impressive sales of Rs 4,100 crore within just one month. The project, located at Sector 36A along the Dwarka Expressway, exceeded initial sales expectations of Rs 4,000 crore for the fiscal year 2025. As a result, Max Estates has increased ...
 "Hydra Trading sells 1.24% stake in RBL Bank for ₹152 crore, as shares plummet, while Plutus Wealth acquires SpiceJet shares.")
Hydra Trading has sold a 1.24 percent stake in RBL Bank for over Rs 152 crore through an open Market transaction. The sale involved 75.11 lakh shares, averaging Rs 203 each. As of the end of June, Hydra Trading held a 1.25 percent stake in the private lender. Following the transaction, RBL Bank’s shares fell ...
 "SEBI unveils bold reforms, including a high-risk asset class and streamlined regulations, amidst controversy and internal discontent.")
The Securities and Exchange Board of India (SEBI) has recently approved a new asset class aimed at high-risk investors, providing more flexibility for fund managers. This new product, called “Investment Strategies,” requires a minimum investment of Rs 10 lakh and intends to prevent unregistered investment schemes. SEBI also introduced the Mutual Funds Lite framework, easing ...
 "India’s manufacturing sector surged in FY23, adding 1.3 million jobs and showing robust growth amid post-pandemic recovery.")
India’s manufacturing sector experienced significant job growth in FY23, adding 1.3 million new positions, up from 1.1 million in FY22. Data from the National Statistical Organisation shows a 7.4% rise in employment, reaching 18.5 million workers. This positive trend correlated with a 7.3% increase in the sector’s gross value added, totaling Rs 21.97 trillion. Key ...
 "Rashmi Saluja’s reappointment sparks fierce board conflict as Burman family attempts to oust her amidst rising tensions at Religare.")
Rashmi Saluja has been reappointed as a director of Care Health Insurance, a subsidiary of Religare Enterprises, with strong support from shareholders. Despite a challenge from the Burman family, who own a significant stake in Religare and wish to remove Saluja, the company confirmed she will stay on. Care Health’s board received legal advice indicating ...
