Trader monitoring sharp decline in Indian IT stocks on multiple screens amid SaaSpocalypse headlines

‘SaaSpocalypse’ Strikes IT Sector: Anthropic’s AI Breakthrough Wipes ₹2 Lakh Crore Off Indian Stocks...

Mumbai, February 5, 2026 The term "SaaSpocalypse" has gained traction in financial markets following Anthropic's launch of advanced AI tools, raising concerns about disruption to...
Washington Post layoffs impact international journalism and foreign bureaus

Washington Post Announces Major Layoffs; International Desks Shut, Ishaan Tharoor Loses Job

Washington, D.C., February 5, 2026 Washington Post Layoffs Send Shockwaves Through Global Media One of the world’s most respected newspapers, The Washington Post, has carried out...
Adani Enterprises reports strong Q3 FY26 results with sharp rise in net profit

Adani Enterprises Q3 Results: Net Profit Jumps 90-Fold to ₹5,627 Crore as Infra Projects...

Ahmedabad, India — February 3, 2026 Adani Enterprises Limited (AEL) reported a stellar performance in the third quarter of fiscal year 2026, posting a massive...
Indian public sector banks as government plans FDI hike and consolidation

India Plans Major Overhaul of State-Owned Banks: FDI Cap Hike, Mega Banks, IDBI Privatization

New Delhi | February 3, 2026 The Indian government is working on an ambitious roadmap to strengthen public sector banks (PSBs) by expanding foreign investment,...
LIC headquarters as government considers further stake sale through FPO

Government Mulls Further Stake Sale in LIC via FPO; PFC–REC Merger Also on the...

New Delhi | February 3, 2026 The Government of India is considering a gradual reduction of its stake in the Life Insurance Corporation of India...
Elon Musk announces SpaceX and xAI merger ahead of planned IPO

Elon Musk’s Pre-IPO Masterstroke: SpaceX Merges With xAI to Build a Super Tech Giant

Washington / San Francisco | February 3, 2026 Billionaire entrepreneur Elon Musk has made a decisive strategic move ahead of a potential IPO by merging...
Oracle headquarters building in Redwood Shores with modern cloud and AI infrastructure elements in foreground

Oracle Considering Up to 30,000 Layoffs to Fund Massive AI Infrastructure Push: Reports

REDWOOD SHORES, California — February 2, 2026 Unconfirmed reports indicate Oracle is considering significant workforce reductions of 20,000 to 30,000 employees globally as part of...
Ola Electric office and manufacturing facility as company announces layoffs affecting 5% of workforce

Ola Electric Layoffs: EV Maker to Cut 5% Workforce in Restructuring Push to Improve...

Bengaluru, India | January 31, 2026 Electric two-wheeler manufacturer Ola Electric has announced another round of layoffs, confirming that nearly 5% of its workforce will...

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