There has been a shift in workers’ attitude towards going to the office; while they used to feel obliged to physically be in the office, 78 per cent of Indian…
Author: Admin
IT major Accenture to lay off 19,000 employees
IT giant Accenture announced on Thursday that it would cut about 19,000 jobs, which represents 2.5 per cent of its workforce. The company announced that more than half of the layoffs would…
ONDC forays into mobility sector; ties up with ride-hailing company
India’s open e-commerce network ONDC on Thursday marked its foray into the mobility sector, tying up with a ride-hailing company in the tech city of Bengaluru to help local businesses…
Toshiba to be bought by Japan Industrial Partners-led group for $15 billion
Tokyo-based conglomerate Toshiba is set to be bought by a group led by private equity firm Japan Industrial Partners. The Toshiba board accepted the $15 billion buyout offer from the…
Tata Group may inject $2 bn into Tata Digital to boost super-app’s valuation: Report
With an aim to boost its digital business, Tata Group is considering $2-billion cash infusion in Tata Digital, said a report on Thursday. Tata Digital Pvt. will receive the additional…
Hikal promoters file a suit in Bombay HC against Kalyani Group, Baba Kalyani firms
Jaidev Hiremath, and Sugandha Hiremath, the promoters of specialty chemical firm Hikal Ltd, filed a suit in Bombay High Court against the BNK Group seeking “performance of obligations cast on…
Mukesh Ambani’s Reliance takes FMCG war to HUL’s doorsteps
Reliance Consumer Products (RCPL), Mukesh Ambani’s fast moving consumer goods (FMCG) arm has forayed into the beauty, personal care (BPC) and home care space with a nation-wide ambition. The move…
Nestlé bullish about volume-led growth in spite of subdued demand scenario: CMD Suresh Narayanan
Amid faltering demand and steep inflation, impacting margins, the country’s largest foods company Nestle India is betting heavily on its innovative products pipeline and growing penetration for growth. As the…
Air India ready to pay Rs 200 crore in severance to employees under VRS scheme
Tata Group owned airline Air India is planning to disburse up to Rs 200 crore worth severance to 2000 employees under its voluntary retirement scheme (VRS) as per a report. Livemint reported that…
Infosys announces Kiran Mazumdar-Shaw’s retirement from Board
Indian IT giant Infosys announced that Indian billionaire entrepreneur Kiran Mazumdar-Shaw will be retiring from the Infosys Board. Mazumdar-Shaw worked as an Independent Director at the IT company. Nandan Nilekani,…