Price Reductions on Russian Oil Disappear Amid New Middle East Turmoil
Traders have halted discounts on Russian crude sold to India as disruptions in Middle Eastern supplies have increased demand for alternative…
Microsoft Reveals 4,800 Job Reductions: An Examination of Major Corporate Layoffs in History
Written by CNBC-TV18 July 7, 2026, 7:07:42 PM IST (Published) Microsoft’s recent round of 4,800 job cuts has brought renewed attention…
OpenAI Considers Significant Price Reductions Amid Intensifying Rivalry with Anthropic: Report
OpenAI is contemplating major price reductions for its AI products as competition from rival Anthropic escalates, according to a report by The…
Commercial insurance rates drop by 10% in IMEA during Q1, with India seeing sharper reductions: Marsh.
Commercial insurance rates across the India, Middle East, and Africa (IMEA) region experienced an average decline of 10% in the first quarter…
Air India board to consider cost reductions, CEO transition, and separate service offerings amid escalating losses and rising fuel expenses from the West Asia conflict.
As challenges continue for the loss-making Air India, its board is set to review cost-saving strategies, the appointment of the next CEO,…
AI Update: OpenAI Secures $122 Billion, Oracle Announces Job Reductions, and Nvidia Expands Its Offerings
Global investment in AI is experiencing significant growth, with OpenAI successfully closing an unprecedented $122 billion funding round,…
India-EU FTA Negotiations Concentrate on Automotive Quotas and Gradual Tariff Reductions to Address Mutual Interests, Says EU Trade Commissioner
A blend of quotas and gradual tariff reductions concerning cars is pivotal to the concluding phase of negotiations on the India–EU Free Trade…
United Breweries approves strategy aimed at achieving 3%–6% annual cost reductions.
Leading brewery United Breweries Ltd announced on Saturday (January 24) that its board of directors has approved a program focused on…
Davos 2026: GST Reductions and Cricket Sponsorship Boost Tyre Demand in India; Europe Presents Challenges for Apollo Tyres
Apollo Tyres is entering 2026 with significant optimism for India, despite challenges in Europe due to weak demand and increasing competition…
Telecom Companies Request Financial Support, Suggest Reductions in License Fees and GST Exemptions
Telecom providers on Tuesday (January 13) reached out to the Union Finance Ministry, highlighting licence fees as a significant financial…