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Cloud communication firm Twilio sacks over 850 employees

Cloud communication firm Twilio sacks 850 employees, 11% of workforce

"Twilions who are impacted will also be able to meet with a leader from their team," Twilio CEO Jeff Lawson said in a statement late on Wednesday. Sep 15, 2022
Health Insurance

How to Avail Cashless Benefit from Your Health Insurance?

Cashless health insurance is a type of health insurance where you can directly visit a network hospital affiliated with your insurance company to seek treatment. Aug 27, 2022
NDTV

No discussion, consent or notice; NDTV reacts to 29% acquisition by VCPL [details]

VCPL is the wholly-owned subsidiary of AMG Media Networks Ltd (AMNL), the media arm of Adani Enterprises Ltd (AEL). VCPL holds warrants of RRPR, entitling it to convert them into 99.99 per cent stake in the latter. Aug 23, 2022
Gautam Adani

Adani group targets 55.18% stake in NDTV; issues open offer for 26% [details]

The total outlay for 26 per cent, or 16,762,530 fully paid up equity shares of NDTV - if the offer is accepted in full - will be about Rs 483 crore for the Adani group. Aug 23, 2022
Adani Group

Adani group subsidiary to indirectly acquire 29.18% stake in NDTV; makes open offer [details]

AMG Media Networks Limited announced an open offer for up to 26 per cent stake in NDTV at a price of Rs 294 per share. The share price of NDTV closed at Rs 366.20 on BSE on Tuesday. Aug 23, 2022
RBI

Overseas business: Govt simplifies overseas investment rules to ensure ease of doing business

The government has simplified the overseas investment rules with the aim of enhancing the 'ease of doing business' sentiment. Aug 23, 2022
DIF

DIF's Social Projects Initiative Marks 18 Years of Positive Investments

The concept of ethical investment as a strategy for ensuring the continued viability of funds is gradually gaining traction across the industry Aug 17, 2022
Rakesh Jhunjhunwala

Rakesh Jhunjhunwala-backed Nazara Tech now a leading gaming company [details]

As the Indian game developers begin to expand their global footprint, shares of ace investor Rakesh Jhunjhunwala-backed online gaming company Nazara Technologies surged 20 per cent after the firm reported a 22 per cent rise in net profit for the June quarter this year. Aug 14, 2022
Sunil Mittal

Airtel plans to launch 5G Services in 5,000 towns, nationwide coverage by 2024

Telecom tycoon Sunil Bharti Mittal's Bharti Airtel, one of India's biggest telcos, is preparing for the rollout of 5G services in India this month and aims to cover all towns and cities, including rural areas, in the country by 2024. Aug 11, 2022
swiggy

Swiggy introduces new "Moonlighting" policy for employees to make more money

On-demand delivery platform Swiggy on Wednesday introduced a new "Moonlighting" policy for its employees that will let them take up external projects to make more money. Aug 3, 2022
BharatPe

IPO-bound BharatPe appoints new CFO amid high-profile exits

Fintech platform BharatPe on Wednesday said it has appointed former SBI Card CFO Nalin Negi as its new chief financial officer, as it prepares for its initial public offering (IPO). Aug 3, 2022
Railway Minister Ashwini Vaishnaw

Indian telcos' magnificent response to PM Modi's telecom reforms; auction grosses Rs 1,50,130 crore [details]

Day 6 of the ongoing 5G spectrum auction on Sunday saw an incremental increase in the bidding figure after 37 rounds, with the government now receiving bids worth Rs 1,50,130 crore to date. Aug 1, 2022
sensex

ZEE Entertainment-Culver Max merger proposal gets BSE, NSE nod

ZEE Entertainment Enterprises Ltd (ZEEL) on Friday said it has got the approval from the two Indian stock exchanges for its proposed merger with Culver Max Entertainment Private Ltd. Jul 30, 2022
Ola

Ola to fire over 1000 employees; to hire aggressively for its EV segment [details]

Earlier this month, Ola said that it was investing roughly $500 million in Bengaluru's forthcoming research and development centre for battery cells. Jul 29, 2022
Photo taken on March 16, 2020 shows the White House Visitor Center in Washington D.C., the United States.

US Fed tries to control inflation genie with a 75 bps rate hike; what it means [details]

The spike in inflation, highest since the 1980s, with "ongoing increases" in borrowing costs against a backdrop ahead of a decelerating economy. Jul 28, 2022
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