Oracle Corporation initiated large-scale 2026 layoffs affecting up to 30,000 employees globally, including India, with workers receiving abrupt early-morning termination emails without prior notice, raising concerns over job security, transparency, and corporate employment practices worldwide.
Talwar Thakore & Associates (TT&A) advised Unilever on a major corporate restructuring that involved demerging the ice-cream business from Hindustan Unilever Limited (HUL) and completing the sale of Unilever Group’s stake in Kwality Wall’s (India) Limited to Magnum BV.
The Madras High Court held that Section 263 revisionary powers cannot be exercised by misclassifying a demerger as an amalgamation. A Division Bench dismissed the Revenue’s appeal, upholding the ITAT ruling in Tax Case Appeal No. 602 of 2013.
