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Finance/Business

All Finances

Competition from rival platforms causes Netflix to lay off 1,000 employees

October 14, 2026October 14, 2026 - by cmedia

IBNS-CMEDIA: Streaming giant Netflix is reportedly planning to lay off around 1,000 employees, representing approximately 6% of its workforce, amid intensifying competition from rival platforms. According to CNBC, the job …

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Hyundai announces India investment plan of $15.5 billion through 2032

October 14, 2026October 14, 2026 - by cmedia

IBNS-CMEDIA; South Korean automotive giant Hyundai Motor Group has announced plans to invest $15.5 billion in India between 2026 and 2032, positioning the country as a strategic core market for …

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Sitharaman to meet IMF Chief, Global Fin Min in Bangkok

October 14, 2026October 14, 2026 - by cmedia

IBNS-CMEDIA: Union Finance and Corporate Affairs Minister Nirmala Sitharaman will undertake an official visit to Bangkok, Thailand, from October 14 to 18, 2026, to participate in the Annual Meetings of …

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India’s wholesale inflation surges to 11.39% in Sep

October 14, 2026October 14, 2026 - by cmedia

IBNS-CMEDIA: India’s wholesale price index (WPI)-based inflation rose to 11.39% year-on-year (YoY) in September 2026, up from 9.92% in August, according to government data released on Wednesday, amid the ongoing …

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India’s Gem and Jewellery exports jump 9.43% in Sep

October 14, 2026October 14, 2026 - by cmedia

IBNS-CMEDIA: India’s gross gem and jewellery exports rose 9.43% year-on-year in US dollar terms and 18.24% in rupee terms to $2.95 billion (Rs 28,157.55 crore) in September 2026, compared with …

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800 million young people at risk as job opportunities fall short, UNDP warns

October 14, 2026October 14, 2026 - by cmedia

IBNS-CMEDIA: Approximately 800 million young people entering the labour market in developing economies over the coming years will not find jobs unless countries act, the head of the UN Development …

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Finance/Business

Citi and Credendo join forces to finance eight Airbus aircraft for IndiGo in a $328 million deal

October 14, 2026October 14, 2026 - by cmedia

IBNS-CMEDIA: Citi and Credendo, Belgium’s export credit agency, today announced the successful closing of a USD 328 million financing for eight Airbus aircraft (six A321s and two A320s) for IndiGo. …

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IT stocks emerge as the biggest gainers of the session

October 13, 2026October 13, 2026 - by cmedia

IBNS-CMEDIA: Information technology stocks emerged as the biggest gainers of the session, supported by stronger-than-expected July-September quarter results. HCL Technologies surged 8.28%, while Tata Consultancy Services (TCS) gained 6.59%. Tech …

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Adani and Jabil Ink for AI Manufacturing In India

October 13, 2026October 13, 2026 - by cmedia

IBNS-CMEDIA: Adani Enterprises Limited (AEL), the flagship company of the Adani Group, and Jabil Inc. (NYSE: JBL), a global engineering, supply chain and manufacturing company, have signed a non-binding Memorandum …

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Finance/Business

GRSE adds another milestone with launch of third next-gen Navy patrol vessel ‘Shreyas’

October 13, 2026October 13, 2026 - by cmedia

Kolkata/IBNS-CMEDIA: Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a Navratna Defence Public Sector Undertaking under the Ministry of Defence, Government of India, launched ‘Shreyas’, the third of four Next Generation …

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Asha Bajaj, Editor

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