Brief by Shorts91 Newsdesk / 04:25am on 09 Oct 2026,Friday Business
Elon Musk has questioned why Starlink has not begun commercial operations in India despite spending five years complying with Indian laws. He alleged that powerful business interests were obstructing its entry to protect their market dominance, indirectly referring to Reliance chairman Mukesh Ambani. The Union government rejected the allegations, describing India’s satellite communication approval framework as fair and non-discriminatory. Starlink, Reliance Jio’s satellite venture and Bharti-backed Eutelsat OneWeb have received licences but are awaiting security clearances and other regulatory approvals. The delay continues to postpone Starlink’s planned satellite internet services in India. (PC: X)
Brief by Shorts91 Newsdesk / 07:16pm on 08 Oct 2026,Thursday Business
Ratan Tata’s beloved pet dog Goa was injured in a car accident outside Bombay House, the Tata Group headquarters in Mumbai’s Fort area, on Thursday. The dog was taken inside the building, described as his favourite space, where he received prompt medical attention. Noel Tata also visited to check on him. By evening, Goa was reportedly doing well, apart from howling when his injured paw was touched. Parish priest Fr Joseph D’Souza said Goa was on the road to recovery and expected to be the “showstopper” at the Blessing of Pets ceremony at Our Lady of Health Church in Cavel, Kalbadevi, scheduled for Sunday, October 11. The report did not provide further details about the accident. (PC: X)
Brief by Shorts91 Newsdesk / 06:36pm on 08 Oct 2026,Thursday Business
The US Department of Labour has suspended major IT outsourcing firms, including Infosys, TCS, Wipro and HCL, from the Permanent Labour Certification Program (PERM), alleging abuse of the system used to sponsor foreign workers for permanent residency. PERM is a labour certification generally required before employers can sponsor foreign workers for employment-based green cards, although it does not apply to every green-card category. The report also states that Microsoft and Adobe were suspended amid federal investigations, while nine universities face probes over alleged wage undercutting. The suspensions could affect major Indian IT companies that rely on foreign-worker programmes, although the article provides no further details about the specific allegations or duration of the suspensions.
Brief by Shorts91 Newsdesk / 07:12am on 08 Oct 2026,Thursday Business
Amazon has cut fewer than 1,000 white-collar jobs, mainly in its Stores business, according to Reuters. The latest layoffs affected employees in the US, India and the UK and came as the company held its Prime Big Deal Days shopping event. Amazon confirmed the job cuts but did not reveal the exact number of employees affected. The Stores unit manages Amazon’s main e-commerce website and several related operations. The latest reductions follow Amazon’s earlier plan to eliminate around 30,000 corporate positions. The company has been reducing its workforce after expanding significantly during the Covid-19 pandemic, when online shopping demand surged. (PC: News18)
Brief by Shorts91 Newsdesk / 03:59pm on 06 Oct 2026,Tuesday Business
London-based Advertising and media agency Here&Now365 has teamed up with The Earthshot Prize, the global environmental award founded by Prince William, for a media campaign across the UK, the US and India this autumn. For the first time, Earthshot Finalists are appearing on television and outdoor media in all three countries. Their work can be seen on the London Underground, at Piccadilly Circus and in Times Square, and on NDTV, Aaj Tak, SET UK and B4U Music. Launched in 2020, the Prize is built on a simple idea: optimism, not despair, is what moves people to act. Each year it shortlists fifteen solutions across five challenges, and backs five winners with £1 million each to scale solutions that already work. The 2026 Summit and Awards will be held in Mumbai this November. India is home to more Earthshot Finalists than any other country. Here&Now365 says diversity and community sit at the heart of its storytelling. The campaign is aimed in particular at Indian diaspora audiences, with stories of climate progress and innovation. Founder and Chairman Manish Tiwari has also written a blog for the Prize website, "The Power of Communications: Telling a Positive Climate Story." He recalls childhood summers in the Hasdeo forests, often called the "lungs of central India," and cites the Chipko Movement and Gandhi's principle of Earth Trusteeship as reasons for the partnership. Tiwari writes that India is not only experiencing climate change but actively solving it, in its villages, laboratories and city streets.
Brief by Shorts91 Newsdesk / 06:50am on 02 Oct 2026,Friday Business
Reliance Industries has proposed setting up a nuclear power plant in West Bengal, with the project potentially attracting around ₹2 lakh crore in investment over six to seven years. The proposal was discussed during meetings between Reliance officials and the state government. The company has reportedly shown interest in Haripur in East Midnapore, where an earlier NPCIL nuclear project was cancelled in 2011 following opposition from local fishermen and villagers. The state has also suggested Nayachar near Haldia as an alternative site. Reliance is additionally exploring investments in hotels, data centres and coal gasification.
Brief by Shorts91 Newsdesk / 06:52pm on 28 Sep 2026,Monday Business
Tata Trusts has proposed merging Tata Electronics Systems Solutions (TESS) and Tata Consulting Engineers (TCE) with Tata Sons to help the group’s holding company avoid a stock market listing. The Trusts, which own a 66% stake in Tata Sons, have asked its board to consider the restructuring and seek prior approval from the Reserve Bank of India (RBI). The proposed merger aims to remove Tata Sons’ classification as a non-banking financial company (NBFC) and a core investment company (CIC). The plan requires regulatory clearance. The move comes amid differences between Tata Trusts and the Tata Sons board over the company’s listing. (PC: X)
Brief by Shorts91 Newsdesk / 05:28am on 28 Sep 2026,Monday Business
The Indian stock market witnessed a sharp fall on Monday, September 28, as the Sensex dropped over 900 points within an hour of opening. The Nifty 50 also slipped below the 23,000 mark. The sell-off wiped out nearly Rs 4.9 lakh crore in market value by around 10:15 am. Rising crude oil prices above $100 per barrel, higher US bond yields and continued foreign investor selling added to market pressure. Both benchmark indices had already recorded seven consecutive weekly declines, reflecting continued weakness in Indian equities. (PC: NDTV)
Brief by Shorts91 Newsdesk / 03:31pm on 23 Sep 2026,Wednesday Business
The Food Safety and Standards Authority of India (FSSAI) has initiated penal action against Amazon, Swiggy Instamart, BigBasket, Flipkart India and Zepto over various food safety and regulatory non-compliances. The regulator cited misbranding and misleading claims, along with the sale and display of prohibited or poisonous food articles. The action includes misleading claims involving Happilo Premium Date Bites - Zesty Orange. Swiggy Instamart and BigBasket also face action over misleading claims and non-compliant product information concerning Milky Mist Fresh Low Fat Cream, Farm Fresh Curd and Greek Yoghurt. FSSAI said it has intensified enforcement against food businesses and e-commerce companies over the past six months. (PC: X)
Brief by Shorts91 Newsdesk / 06:29pm on 22 Sep 2026,Tuesday Business
Markets regulator SEBI has settled proceedings against five Adani Group companies over alleged disclosure violations. The companies are Adani Enterprises, Adani Green Energy, Adani Total Gas, AWL Agri Business and Adani Energy Solutions. Together, they paid ₹1.50 crore to settle the proceedings. SEBI said the cases followed its examination of corporate governance and related-party transaction issues raised in the Hindenburg report. Adani Enterprises paid ₹76.05 lakh, while Adani Green Energy paid ₹45.50 lakh. The other three companies paid ₹9.75 lakh each. SEBI had earlier settled cases involving Adani Ports and Adani Power. The regulator closed these proceedings after receiving the settlement amounts.