Category: Business

Philips to cut 6,000 more jobs after recall of faulty sleep device
Posted in Business

Philips to cut 6,000 more jobs after recall of faulty sleep device

Reuters | | Posted by Ritu Maria Johny Dutch health technology company Philips said on Monday it would scrap 6,000 jobs to restore its profitability…

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Zuckerberg's Meta gearing up for more layoffs? This report suggests so
Posted in Business

Uber CEO Dara was ready to reject the job offer until Spotify CEO said this…

Dara Khosrowshahi, who became the CEO of Uber in 2017 and completely transformed the culture, didn’t always want to join the ride-hailing app. The former…

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Most Adani stocks drop as rebuttal draws Hindenburg response
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Most Adani stocks drop as rebuttal draws Hindenburg response

Most of Adani Group’s companies extended a $51 billion stock selloff, an indication that the billionaire’s rebuttal of fraud allegations from American short seller Hindenburg…

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OnePlus’ familiar smart TV recipe for 55 Y1S Pro, with polished results
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OnePlus’ familiar smart TV recipe for 55 Y1S Pro, with polished results

There is no dearth of affordable large screen TVs anymore. A stark contrast to the pre-pandemic era, when you must have been watchful about spending…

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Mounika G's LinkedIn post
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‘Feels like a bad dream…’: Software engineer after being laid off by Spotify

A now-former employee at Spotify, who got laid off as part of the company’s recently-announced drive to slash 6% of its global workforce, has described…

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Zuckerberg's Meta gearing up for more layoffs? This report suggests so
Posted in Business

Why Nirmala Sitharaman’s Budget 2023 likely to avoid populist measures

Union finance minister Nirmala Sitharaman’s Budget 2023, a key deciding factor prior to the 2024 Lok Sabha election, may avoid populist measures. According to an…

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US immigration: 2024 H-1B registrations will open on this date
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Adani Group’s $2.5 billion share sale faces crucial day. Here’s why

For multi-billionaire Gautam Adani, Monday will be a critical day with his flagship company’s $2.5 billion share sale’s second day of bidding overshadowed by a…

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US immigration: 2024 H-1B registrations will open on this date
Posted in Business

‘Fraud cannot be obfuscated by nationalism’: Hindenburg’s response to Adani

Fraud cannot be obfuscated by nationalism or a bloated response that ignores every key allegation we raised, Hindenburg Research said on Monday hours after Gautam…

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Here's why Singapore Airlines is investing in Air India
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Here’s why Singapore Airlines is investing in Air India

When the Singapore Airlines Group (SIA) released its operating statistics for December 2022, it revealed that it carried almost 12 per cent more passengers compared…

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Budget 2023: Bond yields may rise, rupee upside capped
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Budget 2023: Bond yields may rise, rupee upside capped

Indian government bond yields may rise this week as investors prepare for another year of record government borrowing, while the rupee’s rise may be capped…

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