FMCG giant Procter & Gamble plans to cut 7,000 jobs from its global office workforce — roughly 15 per cent of its non-manufacturing employees — over the next two years, according to a report by the Wall Street Journal.

The maker of Tide detergent, Pampers diapers, and Bounty paper towels employed around 108,000 people as of June last year.

Royal Challengers Bengaluru (RCB) on Thursday pledged ₹10 lakh each to the families of the 11 people who died during a stampede outside Bengaluru’s M Chinnaswamy Stadium during a victory parade celebrating the team's IPL title win.

"The unfortunate incident in Bengaluru yesterday has caused a lot of anguish and pain to the RCB family. As a mark of respect and a gesture of solidarity, RCB has announced a financial support of ₹10 lakh to each of the eleven families of the deceased," the franchise said in a post on X.

Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market, signalling the Indian conglomerate's deepening role in the US tech giant's supply chain, two people familiar with the matter said.

As Apple looks beyond China for manufacturing, Tata has fast emerged as its key supplier and already assembles iPhones for local and foreign markets at three facilities in south India, with one of them also making some iPhone components.

Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, according to documents reviewed by Reuters and a source.

This is the first time the Reserve Bank of India has granted a large e-commerce player in India a non-bank finance company (NBFC) licence, allowing it to lend but not take deposits.

Dassault Aviation and Tata Advanced Systems Limited (TASL) have signed four Production Transfer Agreements to manufacture Rafale fighter jet fuselages in India for both domestic and international markets.

This marks the first time that Rafale fuselages will be built outside France. The collaboration supports the Indian government’s ‘Make in India’ initiative and aims to bolster self-reliance in the defence sector.

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