FSSAI Issues Notices to 526 Ecommerce Food Storage Facilities

July 29, 2025

FSSAI Issues Notices to 526 Ecommerce Food Storage Facilities

The Food Safety and Standards Authority of India (FSSAI) issued notices to 526 e-commerce food storage facilities after conducting 8,143 inspections that revealed numerous regulatory violations. The inspections were part of a proactive approach to ensure food safety, focusing on compliance with training, labeling, and traceability standards.

TCS to Lay Off Over 12,000 Employees Amid AI Shift

July 29, 2025

TCS to Lay Off Over 12,000 Employees Amid AI Shift

Tata Consultancy Services will lay off 12,261 employees, around 2% of its workforce, the largest in its history. The layoffs are due to the impact of AI and economic uncertainties, affecting primarily mid-level and senior roles. TCS aims to restructure for future growth, thanking outgoing employees for their service.

IIM Calcutta Innovation Park Teams Up with UAE-India CEPA Council to Boost Start-ups

July 29, 2025

IIM Calcutta Innovation Park Teams Up with UAE-India CEPA Council to Boost Start-ups

IIM Calcutta Innovation Park is partnering with the UAE-India CEPA Council to help Indian start-ups successfully enter the UAE market. This initiative aims to identify promising businesses and facilitate their expansion into new markets, enhancing innovation and economic growth.

India's Pulse Crop Acreage Contracts Amidst Uncertain Market Conditions

July 29, 2025

India's Pulse Crop Acreage Contracts Amidst Uncertain Market Conditions

Acreage dedicated to pulse crops in India has decreased by 6.75% compared to last year. Despite this decline, market analysts predict that prices may not significantly rise, partly due to excess rainfall affecting crop health, especially in Bundelkhand.

Knowledge Realty Trust to Launch ₹4,800 Crore REIT Issue

July 29, 2025

Knowledge Realty Trust to Launch ₹4,800 Crore REIT Issue

Knowledge Realty Trust plans to raise ₹4,800 crore through a Real Estate Investment Trust (REIT) issuance. A major portion of these funds will be allocated for repaying debts associated with special purpose vehicles and investment entities, ensuring financial stability and growth.