Search Results for: job losses

Ola Electric sold over 8K e-scooters to its parent firm till Dec 2023: Report

In a significant development in the Indian electric vehicle (EV) market, Ola Electric, under the leadership of Bhavish Aggarwal, has reportedly sold over 8,200 scooters to its parent company, ANI Technologies, by December 2023.

Jan 11, 2024

Tollywood filmmakers open up on crisis looming over OTTs and why no deals are working

While big-budget movies typically retain value, smaller and medium-budget films must prioritize content richness to thrive on OTT platforms.

Dec 29, 2023

Future Too Fragile? More than 4.25 lakh techies lost jobs in last 2 yrs or 24 workers per hour

As generative AI threatens millions of jobs, tech companies globally are now sacking employees even in the holiday season (they had spared workers in 2021 and 2022 festive seasons amid the global meltdown and started layoffs only in the first month of the New Year).

Dec 26, 2023

Cong jolted as Maha MLA Sunil Kedar gets 5-yr jail in Nagpur bank scam

A Nagpur court on Friday sentenced senior Congress MLA Sunil Kedar and five others to five years rigorous imprisonment after finding them guilty in the Nagpur District Central Cooperative Bank (NDCCB) scam of around Rs 150 crore.

Dec 22, 2023

ED files 1st charge sheet against Vivo India & others in money laundering case

The Enforcement Directorate (ED) has filed its first charge sheet in connection with its money laundering probe against Chinese smartphone maker Vivo, and others, a source said on Thursday.

Dec 7, 2023

Homegrown Fintech Startup ZestMoney To Shut Down

Why is ZestMoney shutting down; reasons behind downfall of homegrown fintech startup

ZestMoney was valued at $445 million and raised over $130 million from a range of investors, like Ribbit Capital, Omidyar Network, PayU, Xiaomi and Alteria Capital, among others.

Dec 6, 2023

Forbes reveals 10 'most dubious' people to feature in its '30 Under 30' list

Forbes has published its '30 Under 30' list of young entrepreneurs and changemakers who are making a difference in the world for the past 13 years, and an "astonishing number" of these people went on to become cultural tastemakers, tech titans, and even billionaires.

Nov 29, 2023

SEBI can't act against entities based only on news reports: CJI

Chief Justice D.Y. Chandrachud, has expressed concerns over the reliance placed by the petitioners in the Adani-Hindenburg case on certain media reports to level allegations against the Adani Group and India's regulatory system.

Nov 25, 2023

Adani-Hindenburg dispute: What steps are you taking to prevent investors' losses, asks SC

The Supreme Court, hearing a batch of pleas on the Adani-Hindenburg dispute, on Friday asked the Union government and the SEBI to explain what steps are they taking to prevent investors' loss in future.

Nov 24, 2023

World Cup Final: Australia beat India in final, crowned champions for sixth time

Opener Travis Head smashed a sensational century (137) in the final of the ICC Men's ODI World Cup 2023 as Australia defeated India by six wickets to lift the coveted trophy for the sixth time here at Narendra Modi Stadium in Ahmedabad on Sunday.

Nov 19, 2023

All sectors in red barring PSU banks, realty as Sensex ends 325 points lower

Sensex ends 325 points lower on Monday to end almost at intra-day low. At close, Nifty was down 0.43 per cent or 84.2 points at 19441.4

Nov 13, 2023

Sensex, Nifty plunge, Rs.15L Cr wiped out from equity market in 5 sessions

Bears remain at the helm as Nifty on Friday after it slipped on Thursday to less than the 19,000-mark for the first time in four months, indicating a rising bearish condition

Oct 27, 2023

Fear Grips Border Villages After Pakistan Violates Ceasefire Amid Harvesting Season [details]

As the harvesting season of Jammu's premium crop, Basmati has already started, Pakistan has resorted to unprovoked firing to terrorize the farmers of border belts.

Oct 22, 2023

Nifty crosses 19,800-mark on all round buying

Benchmark indices closed higher on Tuesday with Nifty surpassing 19,800, thanks to widespread buying across various sectors, says Mandar Bhojane, Equity Research Analyst, Choice Broking.

Oct 18, 2023

WeWork India rejigs senior leadership to boost market presence [details]

Flexible workspace provider WeWork India on Tuesday announced the appointment of two senior leaders to its executive leadership team.

Sep 26, 2023

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