Private sector bank Bandhan Bank on Friday reported that its net profit dipped by 66 per cent to Rs 290.6 crore year-on-year due to decline in net interest margin. Its…
Category: Companies
Wipro sacks freshers; 800 employees allegedly fired after internal test
Wipro, one of the top five IT companies in India, has terminated hundreds of fresher employees over poor performance after an internal test, Business Today has learned. The company responded…
HUL royalty hike to impact EPS, is against shareholders’ interest, say experts
Hindustan Unilever (HUL), the country’s largest pure play fast moving consumer goods (FMCG) company’s decision to hike royalty payment to its parent Unilever has drawn flak from minority shareholders. Yesterday,…
Bengaluru-based Exotel fires employees in latest layoff round
Exotel, a customer engagement platform based out of Bengaluru, has laid off 15 per cent of its employees in the latest lay off rounds, Business Today has learnt. In the…
‘Google perpetuated digital slavery on Indians for 15 yrs’: MapmyIndia
Digital maps data company MapmyIndia said in an official statement that the Supreme Court’s order against Google was a critical step towards India breaking away from the digital slavery on…
How Netflix and Reed Hastings created their ‘Succession’ plan
‘Succession’ is not just a hit show on Netflix about a fictitious powerful media and entertainment company but a theme that the board of the global streaming giant has been…
‘Will cooperate with CCI,’ says Google as SC tells tech giant to deposit 10% penalty amount
Tech giant Google has said that its operating system Android has benefited Indian users, developers, and original equipment manufacturers (OEMs) while adding that the operating system has played a pivotal…
Mukesh Ambani 2nd-highest ranked CEO; top 10 dominated by Indian-origin executives
Mukesh Ambani has been ranked second in a list of top CEOs dominated by Indian-origin chief executives. The highest ranking woman CEO is Leena Nair, who heads luxury fashion brand,…
Bengaluru-based Exotel fires 15% employees in latest layoff round
Exotel, a customer engagement platform based out of Bengaluru, has laid off 15 per cent of its employees in the latest lay off rounds, Business Today has learnt. In the…
WeWork to cut about 300 global jobs as it pares back presence
WeWork Inc plans to eliminate about 300 roles across countries, the flexible workspace provider said on Thursday, as part of efforts to cut back on underperforming locations. The company’s shares…