Search Results for: restructuring

Investors lose Rs 38,000 crore as Ola Electric's stock continues to slide

Ola Electric to sack 500 employees amid controversies, poor results

Ola Electric, mired in controversies amid a government probe and mounting losses, is set to lay off at least 500 employees as part of an restructuring exercise.

41 minutes ago

Transforming Human Capital Management: The Role of Shared Services

Sharath Chandra Vanam emphasizes that despite challenges, shared services in HCM provide significant benefits beyond cost savings

2 days ago

vistara airasia india aviation policy india domestic air traffic air fare promotion offer tickets discount sale price business slowdown

Vistara merger with Air India takes off; Group to now operate 300 aircraft

The Air India Group on Tuesday completed the operational integration and legal merger between Air India and Vistara, creating a full-service carrier of scale and marking a significant milestone in the post-privatisation transformation journey.

9 days ago

Freshworks to cut its workforce by 13 pc to streamline operations

Artificial intelligence (AI) service software provider Freshworks has announced a workforce reduction of 13 per cent to streamline its operations, affecting at least 660 employees worldwide.

14 days ago

Bibek Debroy passes away aged 69, condolences pour in

The top economist was also a member of NITI Aayog from its inception in January 2015 till June 2019.

20 days ago

PM Modi, Spanish Prez inaugurate Tata-Airbus C295 facility, pave way for 'Make in India' in aviation

Prime Minister Narendra Modi, alongside Spanish President Pedro Sanchez, inaugurated the TATA Aircraft Complex in Vadodara, Gujarat, on Monday, marking a major milestone for the "Make in India" initiative in the aviation sector.

25 days ago

28 counting centres set up across J&K to count votes for 90 seats, three-tier security cover established

Instructions have been given to closely monitor social media to prevent the spread of any rumours related to the counting.

Oct 7, 2024

Rs 2,000 crore WazirX hack: Govt probe on as millions of users seek refunds

WazirX's $234M Cyber Heist: A Deep Dive into the Aftermath

The Indian cryptocurrency exchange WazirX has been hit by a colossal cyber theft, with losses amounting to a staggering Rs 2,000 crore (approximately $234 million). The incident, which transpired in July 2024, has left millions of users in a state of limbo as they anxiously await the refund of their digital assets.

Oct 7, 2024

MP Govt to initiate action against employees absent without information

MP Govt initiates disciplinary action against employees absent from duty

Chief Minister Mohan Yadav-led Madhya Pradesh government has ordered the officials to prepare a list of the employees missing or absent from their duties for the past several years.

Sep 18, 2024

CoinSwitch Takes Legal Action Against WazirX Over Stuck Funds

CoinSwitch, a leading cryptocurrency exchange, has initiated legal proceedings against its rival platform, WazirX. The lawsuit is an attempt to recover funds that have been stuck on the WazirX platform, which is run by Nischal Shetty.

Aug 30, 2024

RBI to end scam by fake loan apps, public repository to be created for digital lending apps

To address the problems arising from unauthorised digital lending apps (DLAs), the Reserve Bank proposes to create a public repository of DLAs deployed by its regulated entities to help consumers verify a digital lender.

Aug 8, 2024

Will the Budget 2024-25 Address the Challenges Indian Economy Faces?

Budget for 2024-25 will be a critical document that addresses a range of economic challenges, from fiscal deficit and sovereign debt management to industrial growth and social issues.

Jul 21, 2024

Paytm share price sees positive momentum, as firm announces Q1 FY25 results

In a wider trend when stock prices of domestic technology majors are down by 2-2.7 per cent, One 97 Communications, the parent company that operates the brand Paytm, has seen an upward trend, after the firm announced its financial results for the first quarter of FY 2025.

Jul 20, 2024

What is Greater Bengaluru Authority Bill: Major city restructuring proposed [key aspects]

A Bill aimed at restructuring the municipal authorities in Bangalore if passed by the legislature will likely create a 3 tier governance framework for the city, led by the Greater Bangalore Authority.

Jul 3, 2024

India and ASEAN Unite for Cross-Border Payments

The Reserve Bank of India (RBI) has made a significant stride towards financial integration by collaborating with four ASEAN countries to establish a platform for instantaneous cross-border retail payments.

Jul 1, 2024

1 2 3 4 5 6 7 8 9 10 Next