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All Finances

All Finances / News

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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All Finances / News

Amazon’s CEO Andy Jassy to invest $48 B. to promote AI

June 25, 2026June 25, 2026 - by cmedia

New Delhi/IBNS-CMEDIA: Amazon CEO Andy Jassy on Thursday met Prime Minister Narendra Modi during his India visit with a plan for fresh investment. The meeting covered Amazon’s long-term role in …

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Adani stocks soar! Investors rush in after Gautam Adani unveils massive Rs 2 lakh crore expansion plan

June 25, 2026June 25, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: Shares of Adani Group companies witnessed strong buying interest in early trade on Wednesday after the conglomerate unveiled an ambitious strategy to strengthen its presence across key sectors, including …

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Why are investors still worried? Sensex falters despite falling crude prices

June 24, 2026June 24, 2026 - by cmedia

IBNS-CMEDIA/Mumbai: The Indian stock market remained volatile on Wednesday despite a decline in global crude oil prices and reports of the gradual resumption of normal shipping traffic through the Strait …

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All Finances / Technology

Tech giant Oracle slashes 21,000 jobs while betting big on AI

June 23, 2026June 24, 2026 - by cmedia

IBNS-CMEDIA: Tech giant Oracle has cut approximately 21,000 jobs worldwide, representing about 13 percent of its workforce, during fiscal year 2026 as the company accelerates its shift toward artificial intelligence …

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Meta invests $900 million in CRED; founder Kunal Shah named new WhatsApp chief

June 22, 2026June 22, 2026 - by cmedia

IBNS-CMEDIA: Meta Platforms has invested $900 million (approximately ₹8,550 crore) in Indian fintech startup CRED as part of the company’s Series H funding round, marking one of the social media …

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From Wellness to Wealth: Allure Spa Franchise Is Attracting New-Age Investors

June 18, 2026June 18, 2026 - by cmedia

IBNS-CMEDIA: Over the past five years, India’s wellness and spa industry has experienced remarkable growth driven by increasing lifestyle stress, rising disposable incomes, growing awareness around self-care, and the demand …

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New peak for India’s defence sector as production surge to Rs 1.78 lakh crore in FY 2025-26

June 18, 2026June 18, 2026 - by cmedia

IBNS-CMEDIA: India’s annual defence production has reached an all-time high of ₹1.78 lakh crore in the Financial Year (FY) 2025–26, marking a significant milestone in the country’s defence manufacturing sector. According to …

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Tech layoffs reach highest level in two years, claims report

June 17, 2026June 17, 2026 - by cmedia

IBNS-CMEDIA: The AI challenge appears to be intensifying, with job cuts surging to their highest levels in two years, according to a recent report. U.S.-based employers announced 97,006 job cuts in May, up 16 …

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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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