Director General of the World Trade Organization Roberto Azevedo Play

The WTO is under threat, will they step up?

A new report by the Bertelsmann Foundation says that the credibility of the WTO is under threat, and the organisation could face closure if more countries vacate its Appellate body. Jul 18, 2018
startup, indian startups, indian start-ups, startups in india, nasscom, indian it, it layoff, it hiring Play

AI boom in India leads to drop in hiring at software firms

Nasscom predicts a fall in hiring, especially of laterals in the software industry this year as automation continues to grow into a staple of sorts at larger firms. Campus recruitments are expected to remain flat due to the increase in the number of SMEs and start-ups. Jul 18, 2018
An Adidas sign Play

Adidas goes green; to use only recycled plastic by 2024

After IKEA, Starbucks and McDonald's, Adidas is the latest corporate to wean off plastic, as it announced that it would use only recycled plastic in all its products by 2024. The project will start this year and is estimated to save 40 tonnes of plastic annually. Jul 17, 2018

Infosys net up 5.8% in first quarter, investors to be rewarded

Releasing its earnings for Q1 2018, the company reported Rs 3,613 crore consolidated net profit, growing 12 percent annually a year ago. The company has decided to celebrate its 25th year of public trading by issuing one bonus share for every equity share. Jul 14, 2018