Tag: retail segment

The weakening demand in the retail sector was because of inflation, interest rate increase, and job losses in startups and IT.(Representational Image/Pixabay)
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Retailers cut 52,000 jobs in 2023-24 due to weak demand: Reliance, Titan, Raymond

 August 19, 2024  Leave a Comment on Retailers cut 52,000 jobs in 2023-24 due to weak demand: Reliance, Titan, Raymond

Aug 19, 2024 03:51 PM IST The retail segment is India’s second largest employer after agriculture, but the combined workforce of 455,000 employees fell to…

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The total number of employees in Reliance Industries was 347,000 in 2023-24, but was 389,000 in 2022-23. (ANI)
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Reliance Industries cut workforce by 11% in 2023-24, retail segment sees highest number of cuts

 August 8, 2024  Leave a Comment on Reliance Industries cut workforce by 11% in 2023-24, retail segment sees highest number of cuts

Reliance Industries Ltd, has reduced its workforce by 11% or by 42,000 people during the financial year 2023-24 compared to the year prior, the Economic…

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The overall value of the transactions in May stood at 14.89 lakh crore and saw an increase of 43% on year-over-year basis. (Mint file photo)
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In May, UPI hits record 9 billion transactions worth ₹14 lakh crore. Top points

 June 1, 2023  Leave a Comment on In May, UPI hits record 9 billion transactions worth ₹14 lakh crore. Top points

The Unified Payments Interface (UPI) hit record 9 billion transactions in May, according to data released by the National Payments Corporation of India (NPCI). The…

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