‘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…
Category: Companies
‘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…
Netflix co-founder Reed Hastings steps down as CEO amid dwindling subscriber count
Netflix Inc co-founder Reed Hastings stepped down as chief executive of the company that upended Hollywood by delivering movies and TV shows online, handing the reins to longtime partner and…
PVR posts Q3 net profit at Rs 16.15 cr
Film exhibition firm PVR Ltd on Thursday reported a consolidated net profit of Rs 16.15 crore for the third quarter ended December 31, 2022, helped by growth in key operating…
Sun Pharma to acquire US-based Concert for $576 mn
Sun Pharmaceutical Industries Limited said on Thursday it will acquire US-based Concert Pharmaceuticals for $576 million in cash to gain access to an experimental drug for treating patchy baldness. Concert’s…
‘In the hope of revenge if laid off’: Amazon developer approves co-worker’s code with bug
In an attempt to take revenge by breaking the company’s product in the case of a layoff, an unidentified Amazon developer approved a co-worker’s code with a bug in it. …
Davos 2023: Vedanta’s mega semiconductor plant’s groundbreaking ceremony in 30-40 days, says Anil Agarwal
The groundbreaking ceremony of Vedanta-Foxconn’s semiconductor plant in Gujarat will happen in 30-40 days, Vedanta chairman Anil Agarwal said on Thursday. “We are looking to have a ground-breaking ceremony in…