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India
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Marco Rubio to visit India as Trump trade tensions and Russian oil dispute intensify
US Secretary of State Marco Rubio is preparing for a five-day trip to India and Uzbekistan beginning October 17, including scheduled stops in Mumbai and Jamnagar. Energy cooperation is a central theme as Washington and New Delhi navigate stalled trade talks, tariff pressures and disagreements over Russian oil purchases.
Aarti Industries signs Rs 1,500cr speciality chemicals deal with global customer
Aarti Industries Limited has secured a manufacturing agreement lasting more than ten years, with estimated revenue potential of ₹1,500 crore. A dedicated Indian facility is planned for FY2028–29, but the contract's earnings contribution will depend on commissioning, customer demand and capital efficiency.
Zoho wants to avoid mass layoffs. Is a salary freeze the price of protecting jobs from AI disruption?
Zoho Corporation will skip its usual annual salary increases after founder and Chief Scientist Sridhar Vembu warned that artificial intelligence infrastructure costs, weaker new customer growth and software disruption are forcing the private technology company to control expenses. Employee numbers have been broadly flat for 18 months as management tries to avoid mass layoffs.
India inflation rises to 5.54% as food prices reach 7.74% in September
India's retail inflation accelerated to 5.54% in September from 4.83% in August, while food inflation reached 7.74%. Rural inflation was higher than urban inflation, reinforcing concerns about household purchasing power just days after the Reserve Bank of India increased interest rates. The next question is whether price pressures will persist.
India voter-list protests intensify as opposition marches to Supreme Court over 130 million removals
India’s voter-list protests are escalating after 130 million names were removed. Find out why the dispute is now heading to the Supreme Court.
Nike is cutting roles but building in Bengaluru. What does Elliott Hill’s workforce reset actually change?
NIKE, Inc. is preparing further workforce reductions from 2027 as Chief Executive Officer Elliott Hill reorganises the sportswear group into three geographies, modernises its supply chain and builds a new Bengaluru campus. The multiyear Pace programme targets $2.5 billion of cumulative savings through fiscal 2031 but also carries roughly $1 billion of additional restructuring charges while revenue is expected to fall sharply this year.
Krystal plans 10,000 jobs across India. Can margins keep pace with such rapid workforce expansion?
Krystal Integrated Services Limited plans to generate more than 10,000 employment opportunities across over 25 Indian cities between October 2026 and March 2027. The expansion follows 9,500 opportunities already generated in the current financial year and puts workforce deployment, contract economics and service quality at the centre of its next growth phase.
All 22 Indian sailors rescued after oil tanker fire off UAE coast
All 22 Indian crew members aboard the oil tanker MT GEM No. 2 have been rescued following an emergency off the United Arab Emirates coast. India's consulate confirmed their safety on October 11, while the UAE National Guard reported a successful maritime rescue after a tanker fire. The incident's cause remains unconfirmed.
Astrogate Labs and Spacebeam target satellite data bottleneck with laser ground-station partnership
Astrogate Labs and South Korea's Spacebeam are combining satellite laser terminals with optical ground-station infrastructure to develop end-to-end space communications and explore a shared ground-station service model. The agreement builds on Astrogate's ISRO-related technology work and Spacebeam's operational ground infrastructure, but commercialisation will require successful satellite demonstrations, reliable atmospheric performance and paying customers.
Ericsson turns India into antenna export base after producing 15,000 units
Ericsson has produced more than 15,000 antennas and 25 million components through its Indian ecosystem since July 2025, with locally manufactured equipment now supplying Europe and other international markets.