Bed Bath & Beyond Inc on Thursday said it was exploring options including a bankruptcy filing to address the U.S. home goods retailer’s plunging sales, dwindling cash and debt load,…
Author: Admin
Vimeo to lay off 11% staff, Indian-origin CEO says ‘hard decision’ but ‘responsible choice’
Vimeo has added its name to the list of numerous tech companies announcing layoffs. The American video-hosting platform has said that will let go 11 percent of its staff. CEO…
Growth in real GDP during FY23 estimated at 7%
The Central government released its first advance estimates of GDP to serve as essential inputs to the Budget exercise. According to the first advance estimates by the National statistical Office…
‘Appears to be unprofessional’: DGCA issues show cause notice to Air India officials, crew for urination incident
Aviation regulator DGCA on Thursday said Air India’s handling of urination incident “appears to be unprofessional” and has led to a systemic failure. The assessment pertains to the incident of…
Manchester City announces a new partnership with Jio: All about it
UK football club Manchester City has on Thursday announced a new regional partnership with Jio Platforms Limited. As part of the agreement, Jio will become the Club’s Official Mobile Communications…
RBI to issue green bonds worth Rs 16,000 cr in two tranches in Jan, Feb
The Reserve Bank of India (RBI) has said that sovereign green bonds (SGrBs) worth Rs 16,000 crore will be auctioned in two tranches in January and February. The central bank…
Amazon, Google, Meta layoffs: Is switching to F-1 student visa an option for NRIs with H-1B visa?
The mass layoffs in US tech giants Meta, Twitter, Amazon, and others have left many Indian techies and professionals at the risk of being deported. With the notice period for…
India’s GDP likely to grow 7% in FY23: First advance estimates
Indian economy is likely to grow at 7 per cent in the fiscal year ending March 31, 2023, the statistics office said on Friday. The first advance estimates of national…
Charging aggregator ElectricPe raises $5 million in Pre-Series A round
The demand for EVs (electric vehicles) is expected to grow at 39 per cent CAGR in the next decade, with charging infrastructure being the major contributor to the expected growth.…
US proposes increasing visa application fee; here’s how much applying for H-1B will cost now
The Biden administration has proposed a significant hike in immigration fees, including the H-1B visas. H-1B visas are much sought-after and are very popular among Indian techies. This visa allows…