Tech giant Microsoft has cut hundreds of more jobs just weeks after reducing nearly 3 per cent of its global workforce in the AI era.

As per a filing with Washington state’s Employment Security Department, 305 additional employees in Redmond, Washington have been asked to leave.

A company spokesperson said in a statement the latest headcount reduction is in addition to the 6,000 job cuts announced last month, which is roughly 3 per cent of its global workforce.

"We continue to implement organisational changes necessary to best position the company for success in a dynamic marketplace," the spokesperson was quoted as saying in reports.

Patrick Pouyanne, Chairman and CEO of the French energy giant TotalEnergies, has said the company is committed to continuing to support the expansion of Adani Green Energy Ltd (AGEL).

In a meeting with Commerce and Industry Minister Piyush Goyal here, Pouyanne said they are committed to continuing to support the expansion of Adani Green, “which already has 14 gigawatts of capacity,” and we “will continue to support this growth.”

Pouyanne also outlined TotalEnergies' broader Indian expansion plans, including increased energy exports from the US.

Goyal also posted on X: “Met Patrick Pouyanne, Chairman and CEO of TotalEnergies and discussed the company’s investment plans for India and avenues for deeper collaboration in the renewable energy sector”.

Union Heavy Industries Minister H D Kumaraswamy said on Monday that Mercedes Benz, Skoda-Volkswagen (VW), Hyundai, and Kia have shown keen interest in manufacturing their electric vehicles (EVs) in India.

The minister further said that the application window for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) will open soon.

On Elon Musk-run Tesla, the Union Minister said: "We are not actually expecting (manufacturing) from them as they are only to start showrooms. They are not interested in manufacturing in India."

India’s manufacturing sector continued its healthy performance in May, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) recording a reading of 57.6, it said on Monday.

While slightly lower than April’s 58.2, the index remains well above the neutral 50 mark -- signifying sustained expansion in the sector, according to data compiled by S&P Global.

“India’s May manufacturing PMI signalled another month of robust growth in the sector,” said Pranjul Bhandari, Chief India Economist at HSBC.

“The acceleration in employment growth to a new peak is certainly a positive development. Input cost inflation is picking up, but manufacturers seem to be able to lessen the pressure on profit margins by raising output prices,” she added.

The growth was powered by solid domestic and overseas demand, as well as successful marketing efforts that boosted export orders to one of the highest levels seen in the last three years.

More than 6.1 crore farmers in India, across 14 states in the country, have digital IDs, similar to Aadhar card, that are linked to their land records, according to the latest government data.

Created under Agri Stack as part of the Digital Agriculture Mission, these IDs are maintained by the State Governments/ Union Territories. They will be linked to various farmer-related data, including land records, livestock ownership, crops sown, and benefits availed. It will also help expedite credit, crop insurance, and PM Kisan payments.

Uttar Pradesh (1.3 crore) has the highest number of farmer IDs generated, followed by Maharashtra (99 lakh), Madhya Pradesh (83 lakh), Andhra Pradesh (45 lakh), Gujarat (44 lakh), Rajasthan (75 lakh).

Other states like Tamil Nadu, Assam, Bihar, Chhattisgarh, Odisha, Kerala, Telangana, and Madhya Pradesh have also made progress in providing IDs, as per the data.

India’s aviation industry has expanded at a rapid pace to become the world’s third-largest aviation market in terms of passenger traffic, according to a report compiled by the International Air Transport Association (IATA).

IATA’s country director for India, Nepal and Bhutan, Amitabh Khosla, said India’s rise to the third rank in the global market comes on the back of stronger airlines, growth of connectivity, and increased airport infrastructure.

He described the aviation industry as a key driver of employment, economic activity, international trade and investment in the country.

India’s aviation now accounts for 1.5 per cent of the country’s Gross Domestic Product (GDP) and has created approximately 7.7 million jobs, both directly and indirectly, across the country, the report states.

The Unified Payments Interface (UPI) has posted a robust recover in the month of May by processing 18.68 billion transactions, up from 17.89 billion in April.

As per data by the National Payments Corporation of India (NPCI), the UPI transactions mark a 33 per cent year-on-year (YoY) surge compared to 14.03 billion transactions in the same month last year.

The UPI transactions rose to Rs 25.14 lakh crore (by value) last month, a 5 per cent increase from Rs 23.95 lakh crore in April. This reflects a 23 per cent rise from Rs 20.45 lakh crore in May last year.

The average daily transaction volume stood at 602 million, while the average daily transaction value reached Rs 81,106 crore.

Hyderabad-based microfinance company Spandana Sphoorty Financial Limited has reported a net loss of Rs 434.3 crore year-on-year (YoY) for the fourth quarter ending March 31 (Q4 FY25).

This is a sharp reversal from the same quarter previous fiscal (Q4 FY24) when the company had posted a profit of Rs 128.6 crore, according to its stock exchange filing.

The company’s revenue from operations dropped significantly by 38 per cent, falling to Rs 414.8 crore in Q4 FY25 from Rs 669 crore in the same period in previous financial year.

Real estate company Puravankara Limited has posted a net loss of Rs 88 crore in Q4 FY25, compared to a net loss of Rs 6.7 crore in the same period in previous fiscal.

Revenue from operations also declined significantly, falling 41 per cent year-on-year (YoY) to Rs 541.6 crore, down from Rs 920 crore, according to its stock exchange filing.

The company's operating performance took a hit, with EBITDA (earnings before interest, taxes, depreciation and amortisation) declining 73 per cent to Rs 30.5 crore from Rs 113.4 crore in the same quarter last financial year.

As a result, the EBITDA margin shrank to 5.63 per cent, compared to 12.32 per cent in Q4 FY24.

Vodafone Idea has reported a wider net loss of Rs 7,166.1 crore for the fourth quarter ended March 31 (Q4 FY25), compared to a loss of Rs 6,609.3 crore in the previous quarter (Q3 FY25).

This rise in losses comes despite some year-on-year improvement, as the loss had stood at Rs 7,674.6 crore in the same quarter previous fiscal (Q4 FY24), according to its stock exchange filing.

The telecom company also saw a decline in its revenue from operations, which dropped slightly to Rs 11,013.5 crore in Q4 from Rs 11,117.3 crore in Q3 -- a decrease of around 0.93 per cent.

Total income also slipped by about 1.22 per cent quarter-on-quarter (QoQ) to Rs 11,228.3 crore.