Multiplex operators PVR and INOX on Thursday received approval from the Mumbai bench of the National Company Law Tribunal’s (NCLT) approval their merger. “we would like to inform you that…
Category: Companies
Sandwich chain Subway is exploring a sale valuing it at over $10 bn: Report
Sandwich chain Subway is exploring a sale of its business, a source told Reuters on Wednesday. The sale could value the sandwich chain at more than $10 billion, the Wall…
Amazon gets notice from Labour Ministry regarding layoffs again
Big tech and retail giant Amazon has been sent a notice by the Labour Ministry regarding its mass layoffs and voluntary separation policy. The assistant labour commissioner’s office, Pune, has…
Microsoft allows ‘unlimited’ time off to employees from next week
For most it is only a fool’s hope, but for the US employees of Microsoft the story is a bit different – the tech giant is allowing its US employees…
Dow Jones news to lay off employees today for future growth
Dow Jones, a division of News Corp that includes the financial news outlets the Wall Street Journal, Barron’s and MarketWatch, plans to lay off a number of employees on Wednesday,…
Goldman Sachs job cuts hit investment banking, global markets hard
Goldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, with around a third of those affected coming from the investment banking and global markets division, a…
MP Investors Summit 2023: Adani Group pledges to invest Rs 60,000 cr in state
The Adani Group will invest Rs 60,000 crore in various sectors including renewable energy and coal, Madhya Pradesh Chief Minister Shivraj Singh Chouhan said on Wednesday, after a one-on-one meeting…
LVMH names new Louis Vuitton CEO, puts Arnault daughter in charge of Dior
LVMH Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods empire, tightening his family’s grip with the appointment of his daughter Delphine to lead Christian Dior,…
RBI asks PayU to re-apply for payment aggregator licence; company pauses new merchant onboarding
The Reserve Bank of India (RBI) has instructed online payment solutions firm PayU to simplify its corporate structure and reapply for its initial payment aggregator (PA) licence. “We have received…
Wipro rolls out record promotions to retain senior executives amid top exits: Report
India’s fourth largest IT services exporter Wipro has rolled out a record number of promotions to retain senior executives, Mint reported on Wednesday. The Bengaluru-headquartered company has promoted 12 top…