Companies

Amazon begins mass layoffs to combat "unusual and uncertain macroeconomic environment"

Reuters reported that the layoff will primarily affect the retail and human resource development sections of the company

Nov 17, 2022

Flipkart to expand India biz; Walmart raising up to $3 billion: Report

Retail giant Walmart is reportedly raising up to $3 billion for its e-commerce giant Flipkart to further expand its operations in the country.

Oct 26, 2022

E-commerce supply chain unlocks limitless opportunities in India

E-commerce providing tailwinds to tier-2, 3 cities to nurture local talent

Flipkart has become an ecosystem enabler by rolling out myriad initiatives, which create new employment opportunities for the youth of the country — all the way from metros to tier 2, 3 cities, mofussil towns and villages.

Oct 24, 2022

2,500 people to lose jobs in Byju's as firm eyes ensuring profitability

Divya Gokulnath, co-founder of Byju's said that the company will start focussing on building brand awareness overseas through new partnerships

Oct 13, 2022

Adani Group eyes to buy Jaiprakash's Cement unit for $606 Million: Bloomberg

Adani Group is planning to expand its cement business further to attain an annual production capacity of 140 million tons

Oct 11, 2022

Morgan Stanley eyes expanding its workforce in India [details]

The move from Morgan Stanley comes at a time when several companies are hesitant to expand workforce due to adverse economic conditions

Oct 10, 2022

Major IT giants revoke offer letters in India as recession scare looms

In August, India's inflation hit 7 percent, continuing an eight-month streak exceeding the central bank's tolerance targets

Oct 5, 2022

Indian corporate credit quality remains strong

Indian corporate credit quality robust, says CRISIL Ratings

The credit ratio is in line with the positive credit quality outlook CRISIL Ratings had articulated earlier -- that upgrades will far outnumber downgrades through this fiscal.

Oct 3, 2022

Oct 1 deadline for compulsory e-invoice generation nearing

Businesses having aggregate annual turnover of Rs 10 crore and more will have to compulsorily generate e-invoices for business-to-business (B2B) transactions from October 1 onwards, according to the Finance Ministry

Sep 27, 2022

Byju's settles dues in Aakash deal, pays $234 million to Blackstone

The settlement comes at a time when Byju's is apparently facing the crisis of its lifetime

Sep 24, 2022

Draft telecom bill to be finalised within 6-10 months: Minister

Union Telecom Minister Ashwini Vaishnaw on Friday said that the draft telecom bill would be finalised within the next six to 10 months.

Sep 23, 2022

Meet Naimeesha Murthy - Product Manager, Community Builder, Mentor, and Angel Investor Backing Women-Owned Businesses

Her challenging journey from the product marketing space to product management and tech, and how to thrive as a woman in a male-dominated industry.

Sep 19, 2022

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

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

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