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The Canadian Media

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All Finances

All Finances

Xbox to lay off about 20% of its global workforce as AI reshapes gaming business

July 6, 2026July 6, 2026 - by cmedia

IBNS-CMEDIA: Microsoft-owned Xbox will lay off 3,200 employees—about 20 per cent of its global workforce—over the next year as the gaming division undergoes a major restructuring driven by artificial intelligence …

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Microsoft to slash nearly 4,800 jobs as AI spending soars

July 6, 2026July 6, 2026 - by cmedia

IBNS-CMEDIA: Microsoft is laying off about 4,800 employees, or roughly 2.1 per cent of its global workforce, as the tech giant doubles down on artificial intelligence (AI) investments while looking …

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Laser Power & Infra Limited to open its Initial public offering on July 9

July 6, 2026July 6, 2026 - by cmedia

IBNS-CMEDIA: Kolkata-based Laser Power & Infra Limited has proposed to open an initial public offering of its equity shares of face value of ₹5 each on Thursday, July 9, 2026. …

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Ashok Leyland partners with Rosmerta Recycling to enable responsible commercial vehicle scrappage

July 6, 2026July 6, 2026 - by cmedia

IBNS-CMEDIA: Ashok Leyland, a commercial vehicle manufacturer, on Monday announced a partnership with Rosmerta Recycling to enable the responsible scrappage of end-of-life commercial vehicles across India. Rosmerta Recycling is among …

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A Fortune Global 500 company BPCL acquires Videocon’s Oil & Gas interests in Brazil

July 3, 2026July 3, 2026 - by cmedia

IBNS-CMEDIA: Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and a Maharatna PSU, through its upstream entity, Bharat PetroResources Limited (BPRL) has successfully completed the acquisition of all …

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Commercial LPG becomes cheaper from July 1; Delhi, Mumbai, Kolkata, and Chennai prices inside

July 1, 2026July 1, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: Hotels, restaurants and other commercial establishments received a major relief on Tuesday as the price of 19-kg commercial LPG cylinders was reduced, according to media reports. Effective July 1, …

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Jindal India and Dongkuk ink long-term deal to fuel India’s appliance manufacturing growth

July 1, 2026July 1, 2026 - by cmedia

IBNS-CMEDIA: Jindal (India) Limited, part of the BC Jindal Group and one of the leading downstream steel products manufacturers in the country, on Tuesday announced a long-term supply partnership with …

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EFC approves Rs 1.25 lakh crore for India Semiconductor Mission 2.0

June 30, 2026June 30, 2026 - by cmedia

IBNS-CMEDIA: The Finance Ministry’s Expenditure Finance Committee (EFC) has approved an outlay of Rs 1.25 lakh crore for the India Semiconductor Mission (ISM) 2.0, giving a push to the country’s …

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PFC-REC merger, combined loan book to exceed ₹11 lakh crore

June 30, 2026June 30, 2026 - by cmedia

IBNS-CMEDIA: The Boards of Directors of Power Finance Corporation Limited (PFC) and REC Limited (REC) have approved the Scheme of Merger under which REC will merge into PFC, subject to …

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Mumabi’s 19-year-old Dhravya Shah secures Supermemory’s $3 million funding

June 29, 2026June 29, 2026 - by cmedia

IBNS-CMEDIA: Mumbai-born entrepreneur Dhravya Shah has emerged as one of India’s youngest AI startup founders after securing approximately $3 million in seed funding for Supermemory, a company developing infrastructure that enables artificial …

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Asha Bajaj, Editor

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Canadian Media is a digital news publication covering both national and international developments on varied segments of society and public life such as Health, Politics, Business, Education, Environment, Entertainment, Biodiversity, Science & Research, First Nations, humanitarian crisis, gender issues, etc. It aims to present news in an objective and unbiased way. Our primary focus is Canada and India besides the world at large.  

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