Business
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realme will continue its journey as a socially responsible brand
New Delhi: The concept of giving back to society is an age-old concept in India which has got prominence globally amid the rise of ‘woke’ culture. Havas’ ‘Meaningful Brands Report 2021’ highlighted…
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Musk to speed up Twitter upload time, video top priority
San Francisco: Twitter Boss Elon Musk has said that the company will work on speeding up the upload time on the micro-blogging platform, in which videos will be given top priority. Twitter…
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Finance Minister to begin pre-budget consultations from Monday
Delhi: Finance Minister Nirmala Sitharaman will begin pre-budget consultations with different stakeholder groups from Monday. On Monday, she will hold consultations with the industry captains and experts on infrastructure and climate change…
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Zomato plans to lay off three per cent of its workforce
Bengaluru: Online food delivery platform Zomato on Saturday said it is planning to lay off nearly 3 per cent of its workforce on account of cost-cutting efforts and to turn profitable. The…
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Keen to solve Tamil community problems in Sri Lanka by next year: President Wickremesinghe
Colombo: Sri Lankan President Ranil Wickremesinghe on Saturday said that he is keen to solve all issues, including land and housing, pertaining to the Tamil minority community in the country’s Northern Province…
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India to be world’s 2nd largest economy by 2050: Gautam Adani
Mumbai: Asia’s richest man Gautam Adani on Saturday said India, which took 58 years to become a trillion-dollar economy, will add an equivalent sum to GDP every 12-18 months and will be…
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Food delivery platform Zomato co-founder Mohit Gupta resigns
Bengaluru: Online food delivery platform Zomato on Friday said that its co-founder, Mohit Gupta, had resigned after about five years at the food aggregator. In May 2020, Gupta became Zomato’s co-founder after…
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FTX CEO pocketed $300 mn after big funding raise: Report
San Francisco: Sam Bankman-Fried, CEO of now bankrupt cryptocurrency exchange FTX, pocketed $300 million after a big funding raise last year, the media reported. According to The Wall Street Journal, the beleaguered…
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Another 1,200 employees quit Twitter amid internal mayhem
San Francisco: Elon Musk’s Twitter is reeling under a big trouble as another 1,200 employees have quit over the ultimatum for “extremely hardcore” workplace. The New York Times reported that key infrastructure…
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Cisco to lay off over 4,000 employees in a ‘rebalancing’ move
San Francisco: Joining the Big Tech layoff season, networking giant Cisco is reportedly laying off over 4,000 employees, or about 5 per cent of its workforce, in a “rebalancing” act while “rightsizing…
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Sitharaman urges AIIB to invest in renewable energy in India
New Delhi: Finance Minister Nirmala Sitharaman on Friday urged the Asian Infrastructure Investment Bank (AIIB) to scale up investments and mobilise private finance in India’s key priority areas like renewable energy, energy…
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Gold gains Rs 45; silver advances by Rs 316
New Delhi: Gold price rose by Rs 45 to Rs 53,220 per 10 gram in the national capital on Friday following gains in prices of the precious metal in the international market,…
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Approve remote work at ‘your own risk’, Musk dares Twitter managers
San Francisco: After telling Twitter employees to be “extremely hardcore” at work or quit, Elon Musk has sent another email to them, this time daring managers to approve remote work “at their…
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Amazon CEO confirms more layoffs coming in early 2023
San Francisco: Amazon CEO Andy Jassy has warned employees that there will be more layoffs at the company in early 2023 “as leaders continue to make adjustments”. The e-commerce giant publicly confirmed…
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Nvidia, Microsoft team up to build AI supercomputer
San Francisco: Nvidia has announced a multi-year collaboration with Microsoft to build one of the most powerful AI supercomputers in the world. The supercomputer will be powered by Microsoft Azure’s advanced supercomputing…
