Toyota Kirloskar Motor announced on Thursday that Manasi Tata, daughter of Vikram Kirloskar, will take over as Vice Chairperson with immediate effect. The resolution was passed by the board after…
Category: Companies
TCS is giving this incentive to make employees work from office
Tata Consultancy Services (TCS), India’s largest IT services company, has tweaked its appraisal system to include points for days when employees work from the office, Business Today has learned. An…
Amazon to begin lay off staff in US, Canada and Costa Rica as part of its plan to lay off 18,000 employees
Amazon.com Inc will cut some jobs in the United States, Canada and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the…
Bed Bath & Beyond looks for buyers, lenders before potential bankruptcy: Report
Bed Bath & Beyond Inc has been in talks with prospective buyers and lenders as the struggling retailer tries to keep its business afloat ahead of a likely bankruptcy filing,…
Amazon begins its largest-ever layoffs, 18,000 employees to be hit
Amazon Inc is set to begin its largest-ever layoffs in history with plans to let go 18,000 employees. The e-commerce giant will cut some jobs in the US, Canada, and…
Davos 2023: ‘Past one year was our best one ever,’ says BYJU’s co-founder Divya Gokulnath
Even as the edtech major BYJU’S found itself spiralling from one controversy to another in the recent past, co-founder Divya Gokulnath said the past one year was its best ever…
‘Difficult, but necessary’: Microsoft CEO Satya Nadella on sacking 10,000 employees
After Google, Amazon, and Twitter, tech giant Microsoft on Wednesday announced that it would fire 10,000 employees this year. In a letter to employees, Microsoft CEO Satya Nadella said the decision…
Govt proposes slew of changes to insolvency law
The government on Wednesday proposed a slew of changes to the insolvency law, including fast-tracking the process and expanding the scope of pre-packaged framework. The Insolvency and Bankruptcy Code (IBC),…
Genetic diagnostic firm MedGenome says it’s evaluating inorganic growth, to target emerging markets
MedGenome, a domestic genetic diagnostic company, is considering inorganic growth to boost its business in emerging markets. The company currently has a comprehensive genetic diagnostic portfolio of more than 1,300…
HUL to ITC, why FMCG biggies are seeking wealth in health
Salt-to-cigarettes conglomerate ITC Ltd. is picking up a significant stake in the homegrown start-up Sproutlife Foods Pvt. Ltd. (SFPL) that owns popular health food brand Yoga Bar. The Kolkata-headquartered major…