BENGALURU: Craft beer maker Bira 91 is experiencing increased unrest among both current and former employees, who have cited issues such as pending salaries, unreimbursed allowances, and unresolved dues.These concerns linger months after the company began a restructuring exercise that was never officially labelled a layoff.A former sales employee reported, “I was told to serve…
DHL Express, the logistics arm of Germany’s Deutsche Post, will temporarily suspend global business-to-consumer (B2C) shipments exceeding $800 to recipients in the United States starting April 21, citing recent changes in US customs regulations, Reuters reported.According to a notice posted on DHL’s website — metadata of which indicated it was compiled on Saturday — the…
Investors are set to closely track a combination of domestic and global cues this week, with corporate quarterly earnings, foreign institutional investor (FII) activity, and potential tariff-related developments from the US expected to steer equity market sentiment, analysts said.According to experts, stock-specific action driven by fourth-quarter and annual results for FY25 will continue to dominate,…
The combined market capitalisation of India’s ten most valued companies soared by Rs 3,84,004.73 crore last week, driven by a strong rebound in equities, with HDFC Bank and Bharti Airtel emerging as the top gainers.The BSE benchmark Sensex rallied 3,395.94 points or 4.51 per cent, while the NSE Nifty surged 1,023.1 points or 4.48 per…
Foreign Portfolio Investors (FPIs) made a strong comeback to Indian equities last week, pumping in nearly Rs 8,500 crore amid signs of renewed confidence driven by India’s economic resilience and relative immunity to global trade shocks.During the holiday-shortened trading week ended April 18, FPIs made net investments of Rs 8,472 crore in the equity markets,…
Renowned economist Jeffrey Sachs launched a scathing attack on Donald Trump‘s tariff strategy, calling the US president’s trade policies so “delusional” that even Mickey Mouse would know better.Not mincing any words, Sachs delivered a harsh critique of Donald Trump’s trade policies, declaring that Trump’s understanding of trade is so fundamentally flawed that “he wouldn’t pass…
Markets regulator Sebi has found “no manufacturing activity” at Gensol Engineering’s electric vehicle (EV) facility in Pune, with only 2–3 labourers present during a site visit by a National Stock Exchange (NSE) official. The findings are part of Sebi’s interim order dated April 15, issued in response to a complaint from June 2024 alleging share…
