IT major Infosys has announced that it has been ranked among the top three most valuable IT services brands globally by Brand Finance. With a growth of 84 per cent in…
Category: Companies
Netflix set for slowest revenue growth as ad plan struggles to gain traction
Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in the saturating U.S. market, which could pressure the…
From heritage whisky to craft gin, Radico Khaitan launches 4 premium brands in Assam
India’s major liquor manufacturer Radico Khaitan has launched its four power brands in Assam. At an event in Guwahati on January 11, the company unveiled premium brands – Royal Ranthambore…
RPSG-owned Spencer’s Retail is all set to launch new hypermarket chain
Spencer’s Retail, part of RP-Sanjiv Goenka Group (RPSG), is all set to unveil its brand new hypermarket chain called “Spencer’s Value Market”. These new stores are designed as a one-stop…
LG India invests Rs 200 crore to start local manufacturing of side-by-side refrigerators
As the consumer durable industry waits for the production-linked incentive scheme (PLI) for refrigerators under Prime Minister Narendra Modi’s vision of Make in India and Aatmanirbhar Bharat Mission (Self Reliant India),…
Shark Tank India Season 2: Delhi-based start-up Primebook bags Rs 75 lakh funding from Peyush Bansal, Aman Gupta
Made-in-India android laptop brand Primebook has secured Rs 75 lakh investment from ‘sharks’ Peyush Bansal and Aman Gupta in the second season of the popular business reality show Shark Tank…
Sequoia-backed cloud kitchen unicorn Rebel Foods fires close to 2% of its workforce
Sequoia-backed cloud kitchen company Rebel Foods, which houses brands like Behrouz Biryani, Faasos, Oven Story, among others, has reportedly fired close to 2 per cent of its workforce due to…
‘Phony business meetings at 7:30 am’: How Goldman Sachs laid off over 3,000 employees in a day
US investment bank Goldman Sachs reportedly asked targeted employees to attend “phony” business meetings where they were told they’d been laid off. Bankers were emailed calendar invites for a meeting…
Layoffs continue! Now, Google-backed Dunzo fires 3% of its workforce
Google-backed delivery platform Dunzo has announced the layoff of 3 per cent of its workforce, citing restructuring. With this move, the company joins the club of Indian startups that have…
Tata’s Air India to order around 500 planes
Air India is set to order around 500 planes as an airline industry recovery takes hold following the pandemic, one of the world’s leading aircraft lessors said on Monday. “As a…