PRODUCTION TEAM
More than family business: Drugmakers make costly, long-term strategic shifts as next generation steps into bigger roles
India's family-run pharmaceutical companies are entering a new phase as the next generation takes on larger leadership roles and steers businesses towards complex generics, peptides, biologics, contract manufacturing and advanced therapeutics. Laurus Labs, Granules India, Bharat Biotech, Sun Pharma and Torrent Pharma are investing in capabilities that require greater scientific expertise, significant capital and longer gestation periods. The key question is whether the successors can turn these long-term bets into sustainable growth and create lasting value for investors.
Delhi govt urges citizens to burst only green crackers, stick to specific timings: Check permitted time, restricted areas and other key details
Delhi pollution news: Delhi government has outlined restrictions on firecracker use for the upcoming Diwali festival. Green firecrackers will be allowed only on specific dates and times in November. The sale is limited to certified green firecrackers at authorized locations only. Violators of these regulations may face penalties and confiscation of illegal products. Supreme Court has mandated these conditions to reduce pollution and noise during the celebrations.
TheLiverDoc, Deepinder Goyal spar again as doctor dubs Temple’s ‘Entropy’ ‘scienceploitation’
This is the latest in a run of exchanges between the two over the past few days. Philips has led mounting criticism from doctors, while Goyal has publicly defended the product, saying Temple is a fitness and wellness device rather than a medical one.
Eyewear regulation Bill may come up in Parliament's winter session; MP Gopchade seeks national vision-care board
Rajya Sabha member Ajeet Gopchade has proposed a private member's Bill for regulating eyewear products and vision-care services. He has urged the Prime Minister to direct the Ministry of Health and Family Welfare to assess creating a National Optical/Vision Care Board. The proposal aims to ensure consumer protection and quality standards in vision-care. The existing Medical Devices Rules, 2017, may need strengthening for better oversight.
Nicki Minaj’s own lawyers want to quit her case, and a process server at her $10 million penthouse was told the couple tend not to answer their phones
Nicki Minaj is locked in a legal battle with 24/7 Productions over unpaid expenses. Her legal team, Kurzman Eisenberg Corbin & Lever, has sought to withdraw from representing her, citing serious communication hurdles and irreconcilable differences. Serving legal documents has proven difficult due to Minaj's limited responsiveness. A decision from the judge on the law firm’s withdrawal is still pending.
Vijay Sethupathi, Malavika Mohanan's Pocket Novel movie release date announced. When will it release?
Vijay Sethupathi's Pocket Novel, directed by Thiagarajan Kumararaja and starring Malavika Mohanan, Raj B. Shetty and Kishore, will release in theatres on January 14, 2027. Malavika shared an emotional note about her experience working on the film, thanking Vijay for being a caring co-star and praising the director's kindness and creative vision.
Deepinder Goyal, TheLiverDoc trade barbs over Temple's scientific claims
The debate began after Cyriac Abby Philips, who goes by the social media handle TheLiverDoc, questioned the science underpinning Temple, calling the device “a scam” and accusing the company of making unsubstantiated claims about its capabilities.
Canva layoffs: CEO Melanie Perkins calls job cuts ‘hardest moment’ in company's history, says ‘deeply sorry’. Read full letter
Canva Group, recognized as a prominent Australian graphic design platform, is set to undergo significant changes with a restructuring plan that impacts its workforce. The company has announced the elimination of 1,271 jobs, representing about 22% of its total employees. After a decade of steady growth, this move aims to optimize operations.
Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?
Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The offer comes as Microsoft rolls out a similar voluntary exit scheme covering around 60,000 employees. Here's a look at Google's severance package, eligible teams and the number of employees who could opt for the offer.
Apple cuts employee AI budgets in cost-control push
Apple has reduced employee budgets for AI usage as part of a broader effort to rein in costs, even as it seeks to expand the use of AI across its operations, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Ripik.ai in talks to raise Rs 150 crore from Gaja Capital
The startup deploys its hardware and software systems at large manufacturing and industrial units, including cement and steel plants, using cameras, sensors and proprietary AI models to monitor equipment, materials and production processes. It counts Accel and Venture Highway (now merged with General Catalyst) among its existing investors.
From enterprises to SMBs: How Flashfox AI plans to change the hiring game
GetWork’s AI hiring business, now spun off as Flashfox AI, is targeting 500 enterprise clients in the next 24 months as it expands into Southeast Asia and the Middle East.
Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start up
Canva has announced significant changes that will impact around 1,271 team members, driven by a downturn in revenue growth. To improve project management and empower decision-making, teams will be consolidated. From January, employees will need to work in the office two to three times a week. A support package will provide generous severance, healthcare benefits, and career assistance, alongside a grant program to help exiting employees pursue new career paths.
Canva layoffs severance package: From six months’ salary, $10,000 grants to MacBooks, here’s what company has promised affected employees following a 22% workforce reduction
Canva layoff news: Canva Group has announced plans to lay off approximately 1,271 employees as part of a major restructuring effort. The company aims to consolidate its teams to enhance operational efficiency and clarify ownership. Employees affected by the layoffs will receive a generous severance package, which includes financial support for their future endeavors. Canva will require some staff to relocate to Sydney, where product teams will be centralized.
How businesses are using generative AI to create content at scale
The integration of generative AI into creative workflows is revolutionizing content production and innovation. Many Indian creators are witnessing enhanced business success and operational efficiency through these tools. Nonetheless, human intervention is vital to uphold brand consistency and quality in the final results. At the ET AI Awards 2027, outstanding organizations leveraging generative AI in their creative practices will be celebrated.
Canva layoffs: Top manager feels ‘deja vu’, urges colleagues to ‘to be kind’ after 1,271 job cuts
Canva employee Artemi Ollin says the company's decision to cut 1,271 jobs feels like “déjà vu” after he experienced layoffs at Google. In a LinkedIn post, he urged affected colleagues to prioritise their wellbeing and encouraged remaining employees to offer support through referrals, recommendations or simply a kind word. Canva is restructuring after growth slowed.
Canva to cut about 22% of staff as growth slowdown triggers restructuring
Australian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restructuring after growth slowed for the first time in a decade.
Indian companies trust AI with greater autonomy but struggle to prove financial returns: Report
Indian companies are shifting towards AI-driven processes to enhance operational efficiency, but there's a catch. Despite the optimistic outlook from leaders regarding AI's capabilities, many are skeptical about the financial gains. A large portion of enterprises neglect to assess the monetary value of their AI investments, facing hurdles such as system integration and data coherence. It's crucial for organizations to move beyond trials and start quantifying AI’s economic impact.
CEO sees two employees laughing he asks the IT manager to have team log every task, a month later productivity is down to 29%
A viral post on X has drawn attention to workplace surveillance after an IT team was allegedly instructed to record every activity in 15-minute intervals. The employee claimed the new system led to 31% of the department's time being classified as administrative work, while other users shared their own experiences with strict time-tracking rules.
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