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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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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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IBNS-CMEDIA: Indian-origin Aman Sanger and Pakistan-born Sualeh Asif are set to receive approximately $2.7 billion each after Elon Musk’s SpaceX agreed to acquire Cursor parent company Anysphere in a $60 billion deal. The acquisition …
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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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Mumbai/IBNS-CMEDIA: Shares of FSN E-Commerce Ventures Ltd., the parent company of Nykaa, gained on Wednesday after the beauty and fashion retailer announced a strategic partnership with OpenAI, according to media …
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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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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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IBNS-CMEDIA: Sarvam, India’s full-stack sovereign AI company, has announced the first close of its Series B funding round, raising $234 million out of a targeted $300 million at a post-money …
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IBNS-CMEDIA: All India Wholesale Price Index (WPI) inflation for May 2026 is 9.68 per cent on year-on-year (YoY) basis, compared to 8.26 per cent in April 2026, as per official …
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IBNS-CMEDIA: India and Nepal have formally launched a peer-to-peer (P2P) cross-border remittance system, marking a significant milestone in digital financial integration between the two neighbours. The system, inaugurated on June 6, 2026, …
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