India Considers $12 Billion Plan to Bailout Power Firms
India may offer a bailout of more than ₹1 trillion ($12 billion) for debt-laden state-run power distribution companies. To accept the funds, the state will be required to privatise its electric utilities and transfer managerial control, or keep control while listing them on a stock exchange, according to government officials and a Ministry of Power…
ABHYUDAYA MITTAL
OpenAI Proposes Free ChatGPT Go in India For One Year
Microsoft-backed OpenAI announced on Monday that it will offer a ChatGPT Go subscription for free in India for 1 year, beginning November 4. This remarkable move was taken to expand adoption in its second-largest market. The earlier OpenAI subscription plan, offered in August in India, is the most reasonable and is now priced at ₹399…
Sumit
Hybrid India: Five Years of Building the Future of AI-Led Digital Advertising
Gurgaon, October 2025- Hybrid, one of India’s leading digital advertising innovators, proudly celebrates five remarkable years of growth, creativity, and technological excellence. Since entering the Indian market in 2020, Hybrid has redefined digital advertising through its AI-powered solutions, including the Hybrid Platform, Contextual Advertising Solution VOX, Hybrid Places, and CTV technologies. What began as a…
Abdullah Ansari
Amazon Layoffs 30,000 Corporate Jobs Starting Tuesday
India’s biggest online store, Amazon, has decided to eliminate employees from high-profile jobs such as human resources and other divisions beginning on Tuesday. The company expected to cut 30,000 corporate jobs, which represent a small portion of Amazon’s 1.55 million total employees, but a significant portion, about 10%, of its 3,50,000 corporate employees. Amazon is…
Lenskart to Launch IPO at a Valuation of About $8 Billion
India’s largest eyeglasses retailer, Lenskart, is seeking a valuation of nearly 695 billion rupees to launch an Initial Public Offering (IPO). The company has fixed a price band of 382-402 rupees ($4.35 to $4.57) per share for its IPO, a public filing showed. The IPO is forecast to increase about 72.78 billion rupees at the…
Vipin
India Greenlights $9B for Indigenous Defence Purchases
In a major move to modernise its armed forces, India’s Ministry of Defence cleared defence acquisition proposals worth approximately ₹79,000 crore (about $9 billion) on Thursday, October 23, 2025. The approvals were granted by the Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh. The sanctioned purchases are aimed at enhancing the capabilities of…
Himanshu
India’s Trade with the US Suffers 11.9% Export Decline
India’s merchandise exports to the US fell 11.93% to $5.46 billion in September due to Washington’s 50% tariff on Indian goods. Imports from the US rose 11.78% to $3.98 billion. From April to September FY26, exports to the US increased 13.37% to $45.82 billion, and imports grew 9% to $25.6 billion, as negotiations for a…
Yash Sharma
LG India Soars $13Billion Overtaking Parent Company
India’s LG Electronics rose 53.4% on its trading debut, surpassing its South Korean parent’s market value on Tuesday, as investors took a big risk on its manufacturing and retail plan, which is driven by an increase in consumer demand. India’s recent tax cut on consumer goods, such as refrigerators and televisions, with the central bank’s…
India Turns to Europe to Reduce Impact of US Tariffs
Indian textile exporters are seeking buyers in Europe and offering discounts to existing customers as they implement corrective measures, anticipating that tariffs will reach 50%. President Trump doubled the tariff in August, which is the highest for any trading partner and affects goods and manufactures ranging from garments to jewellery. A Mumbai-based textile exporter said…
Philips India Expands Premium Grooming and Care Portfolio
Philips India is expanding its presence in the domestic market by introducing new global product lines and focusing on male grooming and mother and child care categories, responding to increasing consumer demand for premium personal care products. Recently, the company launched the rechargeable OneBlade grooming device, targeting Gen Z consumers, highlighting a shift in Indian…
