Business News

Vedanta has set a target of reducing its debt by $ 400 million year.

Vedanta repaid the loan of 16573 crores, now this is the plan of the company

Business News, Company News / February 15, 2023

Veteran MNC mining company Vedanta has reduced its debt by $ 200 million (Rs 16573.40 crore) in the current financial year 2022-23. The veteran billionaire Anil Agarwal-led company is currently trying to address investor concerns regarding the liquidity and the ability to service its liabilities. Under this, the company is trying to pay off its …

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tech company IBM

IBM sued its former executive, sought back a $4,70,000 bonus, knows what is the matter?

Business News, Company News / February 15, 2023

Veteran tech company IBM has filed a lawsuit against one of its former executives and asked him to return a bonus of Rs 4 crore given by the company. IBM has done this case when the executive joined one of their rival companies.   IBM said the executive has joined its rival Veteran tech company …

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US Inflation

US Inflation: Inflation in America rose to 6.4% in January, economists failed to predict

Business News, Economic News / February 15, 2023

US Inflation: The year 2023 started in America with a rising inflation rate. The rising cost of housing, gas, and fuel is affecting people’s pockets. According to data released by the US Labor Department on Tuesday, February 14, the inflation rate in January rose to 6.4 percent compared to a year ago. On the other hand, …

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Ford Layoffs

Ford Layoffs: Ford announces layoffs, preparing to lay off 3800 employees in Europe

Business News, LayOffs News / February 14, 2023

American car maker Ford is going to eliminate 3,800 jobs in Europe in the next three years. Ford Layoffs: Ford plans to eliminate jobs related to product development and administration. Ford said that under this retrenchment, about 2300 jobs will be cut in Germany, 1300 in Britain, and the remaining 200 in Europe. The company …

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CBO of Facebook's parent company Meta resigns

Marne Levine the CBO of Facebook’s parent company Meta resigns, has also worked in the Obama administration

Business News / February 14, 2023

Marne Levine, the Chief Business Officer (CBO) of Facebook’s parent company Meta, has decided to leave the company. However, till she leaves the company, she will be associated with the company as an employee. She has been associated with the company for the past 13 years and has now decided to leave the company at …

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GoDaddy layoffs

GoDaddy layoffs: GoDaddy also announced layoffs, preparing to lay off more than 500 employees

Business News, LayOffs News / February 12, 2023

Domain registrar and web hosting company GoDaddy has announced layoffs of more than 500 employees, which is 8 percent of its global workforce. The company says that it has taken this decision due to the weak economic condition at the global level and the upcoming challenges. GoDaddy layoff: Many big and small companies have announced …

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Flipkart, Amazon & Tata 1mg violating drug rules

DCGI notice to 20 e-pharmacies including Flipkart, Amazon, and Tata 1mg for violating drug rules

Business News, Government News / February 11, 2023

DCGI has issued notice to e-pharmacies asking them to show cause within 02 days from the date of issue of notice that the drugs and cosmetics act has been registered against them in respect of the sale, stock or display, or offer for sale or distribution of drugs Why action should not be taken for …

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Adani-Hindenburg Row

Adani Hindenburg Issue: Supreme Court asks SEBI to take measures to protect investors

Business News, Government News, Market News / February 10, 2023

Adani Hindenburg Issue: Supreme Court asks SEBI to take measures to protect investors, next hearing will be on February 13 Adani Hindenburg Row: Amidst the Adani Group and Hindenburg dispute, the Supreme Court on Friday said that there should be a strong system in place to ensure that the interests of Indian investors are protected …

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tech layoffs in 2023

Tech Layoffs: More than 1 lakh people have been laid off in 2023, know which company fired how many employees

Business News, LayOffs News / February 10, 2023

Tech Layoffs In 2023 Tech companies across the world have been laying off people in recent months, citing fears of an economic slowdown and lack of demand. Many companies have fired thousands of people at once or sacked their entire teams. According to the latest data from Layoffs.fyi, since the beginning of the year 2023, …

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tiktok fired indian employees

TikTok fired the entire team of India, announced to give 9 months’ salary in compensation

Business News, LayOffs News, Trending News / February 10, 2023

TikTok Layoffs: TikTok fired the entire team in India and announced to give 9 months’ salary in compensation TikTok fired the entire team in India, and the last working day for TikTok India employees was February 28. After that, his service was terminated. These people will be given the salary for the next 9 months …

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