Today Infosys co-founder NR Narayana Murthy visited his first job site, the Indian Institute of Management, Ahmedabad (IIM-A), as the chief guest for the institute’s 58th convocation ceremony. Murthy had…
Category: Companies
Job vacancies in BFSI broke all records in March 2023 amid ongoing turmoil, shows report
Amid all the crises banking industry has been going through in the recent past, job vacancies in the BFSI sector broke all records, showed Naukri.com’s latest jobspeak trend report as…
Adani got coal mine by competing against a firm mentioned by Hindenburg: Report
Even as Adani Group continues to battle the fallout of US short seller Hindenburg’s allegations, the conglomerate getting a coal mine at an auction has come under the scanner on…
Vedanta has $3 bn debt servicing obligations in FY24, says S&P in latest bulletin
Mining mogul Anil Agarwal-led Vedanta Resources Ltd will likely have enough liquidity until December 2023, rating agency S&P Global Ratings said on Monday. The natural resources group has debt servicing…
Adani JV in talks with dozen lenders for first dollar loan since Hindenburg: Report
Adani Group’s joint venture with data centre provider EdgeConneX is reportedly in talks with about half a dozen banks for a loan of $220 million. This would be the conglomerate’s…
Richard Branson’s Virgin Orbit files for bankruptcy after laying off 85% workforce
British billionaire Richard Branson’s satellite launch company Virgin Orbit has filed for bankruptcy after it failed to secure long-term funding required to recover from a rocket launch failure in January.…
Vedanta’s Ajay Goel likely to join Byju’s as CFO: Report
Former Vedanta deputy CFO Ajay Goel is likely to join edtech startup Byju’s as its chief financial officer, Economic Times reported on Monday. Goel worked for more than two years…
Zoho CEO Sridhar Vembu, others compare AI to nuclear weapons, cloning
Sridhar Vembu, the CEO and co-founder of Zoho, compared the progress in artificial intelligence to nuclear weapons, cloning, etc, and has called for “no further” development in the field until…
Cyient reorganizes executive leadership before quarterly results
Cyient, an Indian IT and tech company, announced a change in executive leadership on Monday. In a release, the company announced that the board of directors appointed Krishna Bodanapu as…
Tech layoffs: IBM spinoff Kyndryl eliminates marketing, admin, HR roles in India
IBM spinoff Kyndryl is the latest tech company to cut jobs in India. Sources told Business Today that the company will be paying 2-month pay in severance to laid-off employees.…