Meta Platforms plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence. The company disclosed the move in a memo sent to employees Thursday, saying the layoffs will come on May 20. Meta also won’t hire workers for 6,000 open roles…
MUMBAI: Union Bank of India reported a net profit of Rs 5,316 crore for the quarter ended March 31, marking a 6.6% increase from Rs 4,985 crore in the corresponding quarter a year ago, supported by lower operating expenses and improved asset quality.For FY26, the net profit of Rs 18,697 crore was about 4% higher…
Jaguar Land Rover is recalling 170,169 vehicles in the US due to loss of drive power, the US National Highway Traffic Safety Administration said on Thursday. The recall affects multiple models including Range Rover, Discovery, Range Rover Sport, Defender, etc., NHTSA said. A failure of the DC-DC converter will stop the vehicle’s 12-Volt system from…
Top stocks to buy (AI image) Stock market recommendations: Bharat Electronics, and Colgate-Palmolive (India) have been recommended as the top stocks to buy today (April 24, 2026) by Bajaj Broking Research. Take a look at the target prices and expected returns:Bharat ElectronicsBuy in the range of ₹ 440.00-450.00 Target Return Time Period ₹ 495 11%…
NEW DELHI: India and Qatar on Thursday held discussions on ways to boost bilateral trade and strengthen supply chain resilience, which has been disrupted due to the West Asia crisis. The meeting was held between commerce and industry minister Piyush Goyal and Qatari minister of state for foreign trade affairs Ahmed bin Mohammed Al Sayed….
MUMBAI: With Brent crude hovering over $103/barrel and rupee below 94-to-a-dollar, sensex slid over 852 points (1.1%) on Thursday to 77, 664 points. Foreign funds were aggressive sellers with the net outflow at Rs 3, 255 crore, their biggest single-session net sell-off in two weeks, BSE and NSDL data showed.The fluid nature of the second…
The Reserve Bank of India (RBI) has cautioned that possible second-round effects, where supply shocks could transform into demand-side pressures, require careful and continuous assessment amid the ongoing West Asia conflict, according to the April edition of its bulletin.The bulletin noted that while the ceasefire between the United States and Iran has provided some breather…
For FY27, the company has guided for revenue growth in the range of 1.5 to 3.5 per cent in constant currency terms. (AI image) Infosys Q4 results: India’s second largest IT services firm, Infosys, on Thursday reported a 20.8 per cent increase in consolidated net profit to Rs 8,501 crore for the January to March…
Good news for travellers: France scraps transit visa for Indian passport holders France has lifted the airport transit visa requirement for Indian nationals with effect from April 10, the French Embassy in India announced on Thursday.Indian nationals holding ordinary passports are no longer required to obtain an airport transit visa when passing through the international…
“Indian equity markets are expected to open on a weak to negative note on Thursday (23rd April 2026), tracking sharp weakness in GIFT Nifty and cautious global cues. GIFT Nifty is currently trading around 24,200, down by nearly 160 points, indicating a gap-down start for domestic benchmark indices. The decline reflects profit booking after the…
