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Reliance Industries, India’s largest conglomerate, laid off 42,000 employees in FY24, reducing its workforce to 171,000 for cost-efficiency purposes.

On August 7, Karnataka IT minister Priyank Kharge welcomed Zepto, a quick commerce startup, to Bengaluru, glorifying the city’s status as India’s top startup hub.

Ethnic brand Shobitam announces acquisition of IsadoraLife, the largest player in the ready-to-wear saree market. Aims to take the saree global!

Investor Kiran Rajput believes the middle class's focus on home ownership keeps them stuck. Aman Goel, CEO of GreyLabs AI, argues that homeownership is a privilege protecting against landlord whims.

On Tuesday, Andhra Pradesh CM Chandrababu Naidu met with YouTube CEO Neal Mohan and Google APAC President Sanjay Gupta to establish a YouTube Academy in Amaravati, focusing on AI-driven governance and development.

Swish, a Bengaluru startup, promises 10-minute food delivery, aiming to solve long waits with quick, fresh meals in the city. Co-founder Ujjwal Sukheja launched Swish to address slow delivery times in busy areas.

In 2019, Fernando Azevedo and Dr Emil Kendziorra founded Tomorrow Bio, a Berlin startup offering cryopreservation services to freeze bodies for potential future revival.

Gautam Adani, Adani Enterprises' chairman, discussed succession planning in a Bloomberg interview, emphasising it should be gradual and systematic. However, the Adani group said he was misquoted regarding his heirs and their stakes in the family trust.

Zepto, a quick-commerce start-up valued at $3.6 billion, is moving its headquarters from Mumbai to Bengaluru to save up to Rs 50 lakh in monthly rent.

Union Minister Nitin Gadkari announced that 100% ethanol or flex engine cars will soon be on Indian roads. Toyota will invest Rs 20,000 crore in Maharashtra for mass production.