Found 115 articles
B2B commerce platform Udaan will acquire Swiggy’s retail distribution business Lynk Logistics in a ₹500 crore all-stock transaction, expanding Udaan’s presence across major consumption markets while giving Swiggy a stake in its parent company.
PayPal is set to eliminate 251 positions at its San Jose headquarters, with senior engineering and management roles among those affected as the company restructures operations and increases its focus on AI.
A major fire at Surat’s Shyam Sangini Textile Market destroyed large quantities of festive-season fabric. More than 150 firefighters battled the blaze for hours.
Jaguar Land Rover plans to reduce its global workforce by around 4,000 roles while targeting £1.7 billion in savings, as the luxury automaker simplifies its operations and prepares five new products.
San Francisco’s rent surge is exposing a housing affordability problem rather than a broad real-estate downturn, while India’s major cities are also seeing rising prices and a growing shift toward premium housing.
West Bengal is under significant fiscal pressure, with a large debt stock, rising interest costs and substantial welfare commitments. But while Chief Minister Suvendu Adhikari has described the state as “practically bankrupt”, its budget figures do not indicate literal bankruptcy.
China, Russia and Kazakhstan are exploring the revival of the Ob-Irtysh waterway as a potential Arctic trade corridor, but shallow waters, ice, infrastructure costs and competing water demands remain major hurdles.
