Google Cloud on Monday announced to appoint global Cloud data services company NetApp veteran Anil Valluri as Senior Director for Google Cloud in India.
When the lockdown was announced in late March, Delhiites felt the need to tank up which led to a substantial increase in fuel spends on their credit card, by up to 50 per cent within the first week.
According to an internal letter from Founder Deep Kalra and CEO Rajesh Magow sent to employees, the impacted employees will also get leave, gratuity, retention of company laptops and outplacement support, apart from salary payments as per their notice periods.
Antler plans to invest in up to 40 companies within its first year of operations in India through an India-dedicated fund and also has plans to expand to other major cities in India in the next three to five years.
Based on its reported net debt of Rs 1.6 trillion (1.6 lakh crore), RIL would comfortably achieve zero net debt by FY21 in our view. We expect RIL to comfortably divest another 3 per cent stake in Jio Platforms this year (cumulatively 20 per cent), given the immense interest shown by investors so far, according to a report
Out of the 10 per cent of jobseekers who have already been laid off, 15 per cent were from the airlines and e-commerce industry each and around 14 per cent were from the hospitality industry.
Uber India on Tuesday announced to lay off around 600 full time employees due to impact of the coronavirus crisis.
Through the Homefoodi mobile app, consumers now have access to home-made food from over 200 chefs in homes across Noida, Greater Noida, and Indirapuram, the company said in a statement.
Zomato, which is also a favourite among investors, also got hit hard by the COVID-19 pandemic, leading it to announce the decision to lay off nearly 13 per cent of its workforce — over 600 employees.
Jio’s vision is to enable a Digital India for 1.3 billion people and businesses across the country, including small merchants, micro-businesses and farmers so that all of them can enjoy the fruits of inclusive growth.
The impact of COVID-19 has been unprecedented in the media and entertainment industry, as in every other sector, with many services offered by this industry having sharply diminished or halted.
J&J faces more than 16,000 lawsuits from consumers claiming its talc products, including Johnson’s Baby Powder, caused their cancer
The RBI has directed that post merger of HDFC Ergo Health Insurance Company Limited with HDFC Ergo General Insurance Company, subsidiaries of the corporation, the stake of the corporation in the merged entity should be brought down to 50 per cent or below within a period of six months from the merger.
All impacted employees will receive at least three months of salary, irrespective of their notice period or tenure, Sriharsha Majety, Co-founder and CEO, Swiggy, told employees in a virtual town hall meeting.
Microsoft spent $10 billion in its most recent quarter on share buybacks and dividends, up more than 30 per cent from the year before.
Reliance Retail’s partnership with WhatsApp holds promise for RRL’s new commerce platform, JioMart. The pilot, launched in some geographies last year, now extends to Mumbai.
In a major reform, the Union government has decided to permit commercial mining of coal.
Over the next couple of days, the company will get on Zoom video calls with the impacted employees to walk them through the next steps and help them find jobs as soon as possible.
Stock market today LIVE Updates: Sensex dipped 245.33 points or 0.79 percent to 30,877.56 while the Nifty was down 62.35 points or 0.68 percent at 9,080.40 at around 10 am. M&M, Hero MotoCorp, Maruti and Axis Bank were the major losers in the Sensex pack.
Earlier this month, Mallya had filed an appeal in the UK Supreme Court after losing an appeal in the London High Court against an extradition order to India on alleged charges of fraud and money laundering related to unrecovered loans to Kingfisher Airlines.
Finance Minister Nirmala Sitharaman on Wednesday detailed six measures for supporting the country’s MSME sector under the Centre’s massive stimulus programme.
The Reserve Bank of India (RBI) will open the second installment of the government-run Sovereign Gold Bond (SGB) scheme 2020-21 subscription from Monday.
These trains will be run as special trains from New Delhi Station connecting 15 important cities of the country. IRCTC will start ticket booking from today (May 11).
According to the bank, its net profit during the quarter under review rose to Rs 1,221 crore from Rs 969 crore reported for the corresponding period of the previous fiscal.
World Fair Trade Day was created by the World Fair Trade Organization (WFTO) in 2004. The World Fair Trade Organisation believes that the global crisis confirms the need for a fair and sustainable economy locally and globally.