Italy parliamentary committee to probe Chinese tech investments

IANS | May 8, 2026 11:55 AM

New Delhi, May 8 (IANS) Italy’s parliamentary intelligence committee, Copasir, is preparing a new inquiry into Chinese investment in the Italian economy, primarily focusing on strategic assets and high‑tech start‑ups, a report has said.

Cloudflare to cut over 1,100 jobs amid AI-led restructuring

IANS | May 8, 2026 11:36 AM

New Delhi, May 8 (IANS) US-based connectivity cloud company Cloudflare has announced that it plans to cut more than 1,100 jobs globally as the company restructures its operations around the growing adoption of artificial intelligence (AI), according to an internal memo sent to employees by the company.

Tata Trusts defers key board meetings to May 16 amid legal challenges

IANS | May 8, 2026 10:35 AM

New Delhi, May 8 (IANS) The board meetings of Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT), the principal shareholders of Tata Sons, have been deferred to May 16 amid legal issues and ongoing deliberations over governance matters, according to sources.

Air India board discusses cost-cutting measures amid mounting losses

IANS | May 8, 2026 9:55 AM

New Delhi, May 8 (IANS) The Tata Group-backed Air India board has discussed a range of cost-cutting measures, including possible furloughs and deferment of performance-linked bonuses, as the airline grapples with mounting losses and rising operating pressures amid the ongoing West Asia conflict, as per multiple reports.

Sensex, Nifty slip in early trade amid renewed US-Iran tensions

IANS | May 8, 2026 9:30 AM

Mumbai, May 8 (IANS) Indian stock markets traded on a cautious note Friday, with benchmark indices declining 0.7 per cent each in the morning session as renewed hostilities between the United States and Iran strained a fragile ceasefire and rattled investor sentiment globally.