Ola Electric Mobility Ltd, led by Bhavish Aggarwal, is laying off more than 1,000 employees and contract workers in an effort to curb rising losses, according to a Bloomberg report. The job cuts affect multiple departments, including procurement, fulfilment, customer relations, and charging infrastructure, as the electric two-wheeler (2W) maker undergoes a major restructuring.

Seven years after entering the Indian market, Swedish furniture retailer Ikea has launched its online delivery service in the Delhi-NCR region, with sales commencing on March 1.

The company has also expanded its online ordering and delivery service to nine satellite cities across North India, including Agra, Prayagraj, Amritsar, Chandigarh, Jaipur, Kanpur, Lucknow, Ludhiana, and Varanasi.

Jio Financial share price hit a record low on the BSE today, falling 4.3 per cent in the intraday trade. Jio Financial share, today, hit an all-time low of Rs 198.6 per share, falling below the Rs 200-mark for the first time ever.

The Reliance Group company, which listed in the stock markets in August 2023 at Rs 265 per share on the BSE, has been on a downward trend for quite some time now.

A special court in Mumbai on Saturday ordered the Anti-Corruption Bureau (ACB) to register an FIR against former Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch and five others over alleged stock market fraud and regulatory violations, reported news agency PTI.

The order was passed by Judge Shashikant Eknathrao on a petition by a local journalist, who sought an investigation into the alleged offences committed by Buch and others, involving large scale financial fraud, regulatory violations and corruption.

The Adani Group is reportedly planning to revive its investment plans in the United States following policy changes under President Donald Trump, according to Financial Times. The ports-to-energy conglomerate, which had initially pledged $10 billion to various US infrastructure projects, had put those plans on hold after the US Department of Justice (DOJ) indicted founder Gautam Adani and seven other associates in an alleged bribery case.

A man accused of sexually assaulting a 26-year-old hospital counsellor inside a stationary Maharashtra State Road Transport Corporation (MSRTC) bus at Pune's Swargate depot attempted suicide in an effort to evade arrest.

The accused, identified as Dattatray Ramdas Gade, was arrested on Friday after an extensive three-day search operation led by Pune city police.

Oil marketing companies have implemented a price increase of Rs 6 for commercial LPG cylinders across India, effective Saturday, March 1. Following this revision, the cost of a 19-kg commercial LPG cylinder in Delhi has risen from Rs 1,797 to Rs 1,803. However, prices for 14.2-kg domestic LPG cylinders have remained unchanged since August 2024.

Levying capital gains tax on those who invest in India, especially the foreign investors, is a bad idea, and is possibly the Central government's "biggest mistake," said Samir Arora, founder and chief investment officer of Helios Capital at the Business Standard Manthan Summit 2025.

Capital gains tax, he added, is especially souring sentiment for foreign investors who have been on an unabated selling spree for five months.

The US and Ukraine failed to sign a critical minerals agreement after a Friday meeting between Donald Trump and Volodymyr Zelenskyy devolved into a fiery exchange, fracturing relations between the two countries.

Trump took umbrage with Zelenskyy’s doubts that the US president’s efforts to broker a deal with Russia would lead to lasting peace. The Ukrainian leader departed the White House following the public spat, and a planned signing ceremony and press conference were canceled.

President Donald Trump will preside over the White House’s first cryptocurrency summit next Friday, further establishing his embrace of the industry.

Trump will deliver remarks at the gathering that “will include prominent founders, CEOs, and investors from the crypto industry, as well as members of the president’s Working Group on Digital Assets,” the White House said in a statement on Friday night.

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