Business news
- Technology
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…
- Bangalore
Zomato plans to lay off 3 percent 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…
- Business
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…
- Business
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…
- Business
Centre hikes windfall tax on domestic crude oil
New Delhi: The Central government has hiked windfall tax on domestic crude oil and reduced the tax on export of diesel. The tax on crude oil produced by State-owned ONGC was hiked…
- Technology
Elon Musk to find new leader for Twitter, tells staff to opt in for ‘hardcore’ work or leave
Washington: Elon Musk has decided to find a new leader to oversee Twitter. Musk made the remarks on Wednesday while testifying in a Delaware court to defend against claims that his USD…
- Business
New Millet Mission to double farmers’ income: Assam CM
Guwahati: With a view to expand and increase millet cultivation in the state, Chief Minister Himanta Biswa Sarma launched ‘Assam Millet Mission’ here on Wednesday. Sarma, speaking a programme here, said that…
- Technology
Amazon confirms layoffs, employees say ‘horrendous way to treat people’
San Francisco: As Big Tech goes through the layoff season, e-commerce giant Amazon has confirmed job losses at the company, saying that in the current macroeconomic environment, some teams are “making adjustments”…
- Technology
I don’t want to be CEO of Twitter or any company : Elon Musk
San Francisco: Elon Musk has said that he does not want to be the CEO of any company, be it Tesla or Twitter. Musk made the comment during a testimony at a…
- Business
LIC’s sale of RCAP debt to ACRE upsets lenders and lenders
Mumbai: LICs recent move to sell its Rs 3,400 crore secured principal debt in the Reliance Capital (RCAP), that too barely less than two weeks ahead of the binding bids submission deadline,…
- Business
Markets flare up, Sensex crosses 62,000 mark
Mumbai: Indian stock markets opened on Wednesday flared up with the Sensex of BSE breaching the 62,000 mark. The Sensex opened at 61,708.63 points and touched a high of 62,052.57 points and…
- Business
Reliance Games partners with Atari to expand their Free-to-Play
Mumbai: Reliance Games, which entered into a strategic partnership with Atari in August 2022, has acquiredthe rights to publish Citytopia, an exciting city builder and management game. The collaboration combines Reliance Games’s…
- Business
Sensex ends at lifetime high, closes at 61,873
Mumbai: The Indian markets ended on high note on Tuesday as Sensex went up 248 points and ended at a record high of 61,872.99 and Nifty rose 74.25 points to 18,403.40. The…
- Business
Indian IT & business services market reaches over $7 billion
New Delhi: The Indian IT and business services market reached $7.15 billion and recorded a 7.4 per cent year-over-year (YoY) growth in the second half of 2022, compared to 6.4 per cent…
- Business
NCR areas witness highest YoY decline in new launches
New Delhi: Areas in the National Capital Region (NCR) have witnessed the highest year-on-year (YoY) decline in new launches of residential units amongst the top seven cities in the country, according to…
