Nike plans to cut an undetermined number of jobs and establish a new campus in India as it seeks to accelerate a turnaround following another downcast quarter. Nike plans a new campus in Bengaluru, India, which will represent "a long-term investment in new capabilities and talent to strengthen how we serve athletes around the world, including in India," Hill said in the message.
7 hours ago
BMW plans to eliminate around 8,000 jobs in Germany as part of its cost-cutting restructuring plan. The German luxury automaker aims to enhance competitiveness amid challenges such as weak demand and increasing Chinese competition. It intends to cut management roles by 20% and streamline its organizational structure while focusing on enhanced artificial intelligence.
7 hours ago
Recent changes in Employees’ Provident Fund (EPF) provisions and their implications for employers were discussed at a seminar organised jointly by the Kanara Chamber of Commerce and Industry (KCCI) and the National Institute of Personnel Management (NIPM), Mangaluru chapter, at the KCCI meeting hall on Wednesday.
11 hours ago
Boeing's largest white-collar union said on Thursday its members approved a sweetened contract offer, easing fears of a strike that could have stalled work on two long-delayed jetliners and slowed the pace of aircraft deliveries.
23 hours ago
Comcast's NBCUniversal is cutting jobs in its global streaming technology organization, the owner of the Fast & Furious and Jurassic Park franchises said on Thursday.
23 hours ago
Employees are increasingly looking at internal mobility as a way to broaden or redirect their careers without walking away from the relationships, institutional knowledge and credibility they have developed. A well-designed internal move is not simply about filling a vacancy; it is about enabling people to apply their potential in a new context.
02 Oct 2026
From leadership development and shopfloor skilling to AI-enabled coaching, Hero MotoCorp is bringing its learning initiatives under one architecture as it prepares its workforce for changing business needs.
01 Oct 2026
As part of ETHRWorld’s October editorial series, ‘The organisational advantage: Beyond strategy and structure,’ this story will examine how organisations can effectively turn HR-led engagement interventions to influence the next phase of business growth.
01 Oct 2026
Generational differences in working patterns and rising concerns about AI, pay and mental health could create talent development challenges in the banking and financial services sector, a report said on Monday.
30 Sep 2026
NPS Swasthya will allow subscribers to build a dedicated, individually owned and market-linked corpus while providing access to healthcare services and a standard super top-up health insurance cover through the NPS ecosystem.
30 Sep 2026
Nuvama Institutional Equities suggests that an RBI rate hike may not broadly impact NBFC asset quality. The report indicates that past rate increases did not lead to widespread deterioration. Current risks, including the West Asia conflict, appear limited to specific NBFC segments. Healthy capital buffers and liquidity may support overall asset quality for most NBFCs. Any future deterioration is expected to be specific, contingent on external shocks.
3 hours ago
3 hours ago
In a significant announcement, Sebi chairman Tuhin Kanta Pandey revealed transformative changes to the Closing Auction Session mechanism. This initiative is driven by the feedback of over 3,500 participants who responded to the consultation paper. Apart from updating settlement prices for index and stock derivatives, Sebi aims to invigorate the corporate bond derivatives market, fostering both participation and support for regulatory practices.
3 hours ago
In this case of tenancy, the property owner’s counsel argued that the alleged unregistered rental agreement could not be admitted as evidence to establish the tenant's claim. The argument was that the owner’s brother himself occupied the premises only through 'permissive possession'. Therefore, he had no authority to let it out to another person.
4 hours ago
Investors have the option to leverage their shares in a demat account for borrowing, providing them access to immediate cash flow. The borrowing capacity hinges on the type of securities held and the lender's guidelines. It's vital for borrowers to grasp the risks associated with fluctuating share prices and the consequences of defaults. Additionally, understanding tax implications and benefits remains crucial, alongside meticulously reviewing the loan's terms before commitment.
4 hours ago
Nayara Energy has announced an increase in fuel prices, raising petrol rates by Rs 5 and diesel by Rs 3 per litre. This decision comes in response to climbing international crude oil costs. Notably, Nayara had previously reduced prices for the first time in two years as global tensions subsided.
4 hours ago
During the Kautilya Economic Conclave, Reserve Bank governor Sanjay Malhotra emphasized the critical need for a resilient financial infrastructure. He pointed out the significance of monitoring new vulnerabilities to ensure the system can withstand diverse shocks. Malhotra acknowledged that systemic risks are now more global and interconnected, leading to unique challenges.
4 hours ago
India is actively pursuing free trade agreements with 31 nations to boost its global trade ties. Commerce Minister Piyush Goyal underscored the possibility of achieving a $30 trillion economy by 2047. He pointed out significant opportunities for both American and Indian-American entrepreneurs to engage in this economic growth. In Chicago, Goyal held talks with U.S.
7 hours ago
September marked a significant high in India's crude oil imports, mainly spurred by boosted supplies from Gulf nations. The reintroduction of Iraqi and Kuwaiti crude has notably changed the dynamics of India's import sources, ensuring better supply availability. This surge assists Indian refiners in reducing their dependency on Russian oil amidst global pressure.
8 hours ago