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Economy & Policy
Byju’s lays off over 1,000 more employees
The latest round of downsizing at the firm, which was last valued at $22 billion, has impacted workers across sales, marketing and communications and engineering departments. The…
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Walmart-owned Flipkart poised to list publicly, says SoftBank
In India, SoftBank has backed many companies, and unicorns or start-ups with over $1 billion in valuation
Walmart-owned e-commerce giant Flipkart is among SoftBank’s list of…
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Adani-owned NDTV’s profit more than halves on advertising drop
NDTV's revenue fell 9.5% to 1.05 billion rupees, while total expenses rose nearly 5%, led by production and employee benefits costs.
Indian broadcaster New Delhi Television Ltd,…
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‘Hungry for Cargo’: Indian Railways earns Rs 1,35,387 crore from freight transportation in FY…
The loading for the first ten months of the current fiscal crossed last year’s loading and earnings for the corresponding period.
In a major impetus to the 'Hungry for Cargo'…
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Adani mulls independent review after short-seller’s criticism
Adani Enterprises' recovery from its lows has attracted a lot of traders to the stock, said Ambareesh Baliga, a Mumbai-based independent market analyst.
India’s Adani Group is…
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Saudi Arabia’s National Housing Company Announces Al-Fursan Suburb Project
The project will include more than 50,000 residential units for more than 250,000 people
Saudi Arabia’s National Housing Company has announced the largest new residential suburb…
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Vedanta picks up David Reed as chief executive of semiconductor business
Reed was previously at NXP Semiconductors and GlobalFoundaries where he was Executive Vice President and General Manager of global operations.
Vedanta Ltd on February 6…
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Cong gives suspension of business notice in RS over LIC’s investment issue
Congress MP Ranjeet Ranjan on Tuesday gave suspension of business notice under Rule 267 in Rajya Sabha to discuss the issue of investment by LIC, Public Sector Banks
Congress MP…
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Gizmore eyes Rs 200 crore business from smartwatches next fiscal
‘Smartwatches are the fastest growing segment for us. It now accounts for 60 per cent of our business. We expect to close this fiscal with around 40-50 per cent growth’
Smart…
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Infosys fires 600 freshers after they fail internal assessment: Report
This comes at a time when hundreds of freshers are waiting for their joining dates at Infosys even though they received the offer letter months ago
Infoys has fired 600 freshers…
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