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Showing 163180 of 275 stories

Business18h ago

Top 10 private banks cut over 10,000 jobs in FY26 as AI reshapes hiring

India's top private banks are reducing their employee numbers significantly. This workforce contraction occurred after substantial hiring in the previous fiscal year. Technology-led efficiencies are enabling banks to expand operations without increasing staff. Some midsize lenders, however, have increased their headcount during this period. Banks are accelerating AI and automation deployment across their operations.

TThe Economic Times
Business18h ago

Aegis Logistics in talks to acquire UAE’s Tristar for $1.5 billion

Aegis Logistics is in advanced discussions to acquire Tristar for $1.5 billion. This consolidation could be one of the industry's largest efforts. Aegis is seeking acquisition financing from lenders for the deal. Tristar operates across many countries, complementing Aegis's expansion plans. The companies are currently holding bilateral negotiations under an exclusivity period.

TThe Economic Times
Business18h ago

Spirits giant Suntory bets on Oaksmith, Jim Beam to crack India’s whisky market by 2030

Suntory Global Spirits targets India as its third-largest market by revenue by 2030. The company plans to sell locally made whiskies and imported brands. Oaksmith whisky will target mass and mid-premium segments in India. Japanese and American whiskies will capture premium consumers in the market. Suntory will focus on scaling its whiskey business to achieve its ambitions.

TThe Economic Times

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