Nike stock falls after revenue miss, NKE forecasts 2027 revenue decline and announces layoffs - here's what investors need to know

The Supreme Court has sought responses from the Centre and West Bengal government on TMC MP Mahua Moitra’s plea alleging obstruction in implementing works under the MPLADS in her Krishnanagar constituency. A bench of Justices Joymalya Bagchi and V Mohana also heard her allegations that her functioning as an MP had been impeded.

The Supreme Court has sought responses from the Centre and West Bengal government on TMC MP Mahua Moitra’s plea alleging obstruction in implementing works under the MPLADS in her Krishnanagar constituency. A bench of Justices Joymalya Bagchi and V Mohana also heard her allegations that her functioning as an MP had been impeded.

A tigress translocated from Bihar’s Valmiki Tiger Reserve will be released into West Bengal’s Buxa Tiger Reserve on Friday, marking the first such exercise in Bengal and eastern India. The move aims to restore the reserve’s tiger population, strengthen the ecosystem and boost tourism in the Dooars region, officials said.

A tigress translocated from Bihar’s Valmiki Tiger Reserve will be released into West Bengal’s Buxa Tiger Reserve on Friday, marking the first such exercise in Bengal and eastern India. The move aims to restore the reserve’s tiger population, strengthen the ecosystem and boost tourism in the Dooars region, officials said.

An Indian man who has lived in Australia for 10 years has shared a humorous comparison of public holidays in Australia and India. Aditya Khaneja pointed to holidays linked to sporting events, horse racing and fairs in Australia, contrasting them with India’s religious and national occasions. His take on weekend holiday rules also drew attention online.

Congress leader Rahul Gandhi questioned the Election Commission over changes to online Form 6, asking who ordered Tata Consultancy Services to implement them and who approved them at TCS. Gandhi also asked whether the company was pressured. Congress leader Jairam Ramesh separately alleged the changes were aimed at removing Gen Z voters.

Neighbours in Mumbai’s Chembur have rallied around Flydubai pilot Captain Smit Machchhar after reports that he fought back against an alleged cockpit attack during a flight from Dubai to Tel Aviv. As his parents travelled to Saudi Arabia, residents recalled Machchhar’s Mumbai upbringing, aviation journey and years as a SpiceJet pilot.

Neighbours in Mumbai’s Chembur have rallied around Flydubai pilot Captain Smit Machchhar after reports that he fought back against an alleged cockpit attack during a flight from Dubai to Tel Aviv. As his parents travelled to Saudi Arabia, residents recalled Machchhar’s Mumbai upbringing, aviation journey and years as a SpiceJet pilot.

India's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car sales surged by 21% year-on-year, indicating strong consumer demand during the festive season. Manufacturing activity is robust, contributing to a rise in the HSBC Purchasing Managers Index to a seven-month high.

Tata Consultancy Services has entered a multiyear agreement to acquire Best Buy's global capability centre located in India. While the financial aspects and employee count remain private, this move aims to transform the centre into an AI-driven engine, optimizing operations and AI integration. The collaboration seeks to synchronize Best Buy's requirements with TCS's technological and retail know-how, potentially establishing a valuable framework for the retail sector as well.

Tata Consultancy Services has entered a multiyear agreement to acquire Best Buy's global capability centre located in India. While the financial aspects and employee count remain private, this move aims to transform the centre into an AI-driven engine, optimizing operations and AI integration. The collaboration seeks to synchronize Best Buy's requirements with TCS's technological and retail know-how, potentially establishing a valuable framework for the retail sector as well.

In a surprising move, Alex Karp, the CEO of Palantir Technologies, has acquired a substantial forested region in Härjedalen, Sweden, for 235 million kronor, about $22 million. Local hunters, caught off guard, learned their hunting leases were revoked. This acquisition highlights Palantir's controversial footprint in defense tech, as Karp intends to focus on land preservation and sustainable forestry initiatives, blending environmental efforts with corporate responsibility.