Amazon’s Fight With Unions Heads to Whole Foods Market
At a sprawling Whole Foods Market in Philadelphia, a battle is brewing. The roughly 300 workers are set to vote on Monday on whether to form the first union in Amazon’s grocery business. Several store employees said they hoped a union could negotiate higher starting wages, above the current rate
Tatas buy 60% in Pegatron’s India unit for iPhone plant
MUMBAI: Tata Electronics has acquired a 60% stake in Taiwanese contract manufacturer Pegatron‘s India unit that operates an iPhone plant in Tamil Nadu. This follows Tatas’ earlier acquisition of Wistron’s India operations in Karnataka in March 2024.The financial details of the stake acquisition remain undisclosed. This transaction positions Tata Electronics
Odisha tops in fiscal health: Report | India News
NEW DELHI: Odisha, Chhattisgarh, Goa, Jharkhand and Gujarat have emerged as the top performing states in the fiscal health index, compiled by govt think tank Niti Aayog.Punjab, Andhra Pradesh, West Bengal, Kerala and Haryana figure at the bottom of the table. The performance of the states have been put under
Holkar steers Godrej’s Rs 1,200 crore digital drive
MUMBAI: As businesses increasingly navigate a volatile world, access to data and information backed by technology has become key to protecting their turf and winning customers. For legacy organisations, the stakes are higher – they need to pitch their brands to young, tech-savvy consumers alongside fending off competition in a
‘Debanking,’ and the Trump Diss Heard Around Davos
Good morning from Davos, Switzerland, on the final day of the World Economic Forum. The hottest chatter over the past 24 hours has been about two topics. First, jaws were on the floor when President Trump, during a Q. and A. session that included Brian Moynihan of Bank of America,
Gen Z gets high on low, zero-alcohol beers
NEW DELHI: You won’t have to worry about overindulging with this one! Low-alcohol and no-alcohol beers are steadily gaining traction as Gen Z and millennial consumers, along with a growing focus on health, drive a dramatic shift in the beer market.While the numbers remain small, with only a few companies
In China, Rare Dissent Over a Program to Save on Drug Costs
A rare display of public anger is unfolding in China over the quality of domestically produced drugs. A prominent Shanghai surgeon pointed to anesthetics that do not put patients to sleep. A respected Beijing cardiologist questioned blood pressure medication that failed to regulate. A former editor at a leading online
Odisha govt approves industrial projects worth Rs 32,736 crore, ET Infra
BHUBANESWAR: Ahead of the Utkarsh Odisha – Make in Odisha conclave 2025 scheduled to begin on January 28, the Odisha government on Friday approved several industrial projects with investment worth Rs 32,736 crore spanning various sectors. The investment projects were approved during the 39th High-Level Clearance Authority (HLCA) meeting here
LTIMindtree names ex-prez Lambu as CEO
BENGALURU: LTIMindtree has named its former president, Venugopal (Venu) Lambu, as its new CEO for five years. Operating from London, Lambu represents a rare instance of a senior executive returning to assume the CEO position at his former company. He has joined the board of directors at LTIMindtree. A three-decade
Fitbit Agrees to Pay $12 Million for Not Quickly Reporting Burn Risk With Watches
Reports that Fitbit’s Ionic smartwatch was overheating began in 2018 and continued into 2020. But according to U.S. officials, the company did not quickly report, as the law requires, that the battery inside the watch was creating an unreasonable risk of serious injury or death to consumers. On Thursday, the