Luxury automakers are beginning to pre-empt the proposed India-UK free trade agreement by slashing prices on British-built imported cars, creating expected customer savings ranging from about ₹8 lakh on the…
Category: Companies
US-based real estate tech firm Opendoor shuts down India operations as AI-driven revamp shifts jobs back to US
In a major organisational overhaul, US-based real estate tech company Opendoor has announced plans to wind down its India operations, affecting nearly 250 of its India-based workforce as the company…
TCS reconsiders plan to open offices in smaller towns after Nashik workplace harassment case
Tata Consultancy Services Ltd is reevaluating plans to open offices in small towns and cities following the Nashik workplace harassment saga, which raised concerns about HR risks. The company will…
Opendoor shuts down India operations, lays off nearly 250 employees across Chennai and Bengaluru offices
US-based real estate technology company Opendoor has announced that it is shutting down its India operations and laying off around 250 employees in the country. “When we launched Opendoor 2.0…
Oval Fertility inks MoU with Merck
Oval Advanced Fertility Care and Merck Specialities, an Indian healthcare arm of Merck KGaA, entered into a Memorandum of Understanding (MoU) to strengthen clinical capabilities, to improve transparency and patient…
Tata Sons Board meet to focus on performance, growth roadmap
The board meeting of Tata Sons on Friday will focus on approving the accounts for the last financial year and outlining the operating plans for the current year, according to…
China touts Xinjiang at trade forum, spotlighting a region once marked by detention centers
ALTAY, China — China is hosting an international conference in Xinjiang to promote economic development efforts in the northwestern region, which has been known as the site of mass detentions…
Microsoft’s Xbox plans major layoffs next month as low console sales, few blockbuster titles mount pressure
‘s Xbox division is planning major layoffs next month and significant cuts to marketing and other budgets, Bloomberg News reported on Wednesday. The job cuts would mark the first major…
Manam Chocolate secures $9 million funding to expand retail footprint in India
Premium craft chocolate brand Manam Chocolate has raised $9 million in Series A funding led by Omnivore, with participation from the Turner Morrison consortium. The latest capital infusion will be…
Manam Chocolate bets on premium market, raises $9 million
For decades, premium chocolate in India has largely meant imported Belgian and Swiss brands, but three-year-old homegrown player Manam Chocolate believes that is beginning to change. The Hyderabad-based company, which…