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McKinsey intends to lay off 2,000 people in one of its largest layoffs-thumnail

McKinsey intends to lay off 2,000 people in one of its largest layoffs

The management team is expecting that the move, nicknamed Project Magnolia, would help protect the pay pool for its partners, according to the sources, who asked not to be identified

Business

Feb 22, 2023

According to a recent report, India’s shipments of True Wireless Stereo (TWS) devices have seen an impressive 85% growth in 2022, with boAt being the leading manufacturer-thumnail

According to a recent report, India’s shipments of True Wireless Stereo (TWS) devices have seen an impressive 85% growth in 2022, with boAt being the leading manufacturer

In 2022, India’s True Wireless Stereo (TWS) earbuds shipments registered an impressive 85% year-on-year growth, with boAt leading the market for the third consecutive year. This was revealed in a

Business

Feb 21, 2023

Coal India to hit a production target of 1 billion tonnes by FY26-thumnail

Coal India to hit a production target of 1 billion tonnes by FY26

India’s coal demand could hit 1.5 billion tonnes by 2030 State-owned Coal India Ltd (CIL) will reach its production target of 1 billion tonnes by 2025-2026, CareEdge Ratings said in

Business

Feb 21, 2023

<strong>PayPal Ventures leads a $20 million funding round for SaaS startup Mintoak</strong>-thumnail

PayPal Ventures leads a $20 million funding round for SaaS startup Mintoak

Software-as-a-Service (SaaS) platform Mintoak, which specialises in merchant services, has secured $20 million, including participation from PayPal Ventures, British International Investment, and current investors HDFC Bank and Pravega Ventures. The

Business

Feb 21, 2023

India’s GDP in Q3FY23 is expected to grow 4.6-5%-thumnail

India’s GDP in Q3FY23 is expected to grow 4.6-5%

Government to release Q3 GDP growth on Feb 28. Gross Domestic Product (GDP) is the total monetary or market value of all finished goods and services produced within a country’s

Business

Feb 21, 2023

<strong>In April-Jan, India’s steel imports from Russia reached an eight-year high</strong>-thumnail

In April-Jan, India’s steel imports from Russia reached an eight-year high

For the first 10 months of the fiscal year that started in April 2022, government statistics gathered by Reuters indicated that India’s imports of Russian steel increased to an eight-year

Business

Feb 21, 2023

Aparna Kuppuswamy has been appointed Chief Risk Officer by BharatPe Group-thumnail

Aparna Kuppuswamy has been appointed Chief Risk Officer by BharatPe Group

Kuppuswamy has nearly three decades of experience in consumer banking. Aparna Kuppuswamy, a former SBI executive, has been named Chief Risk Officer at BharatPe Group. She will be in charge

Business

Feb 21, 2023

Passenger traffic on domestic routes in January increased by 95.7% year on year-thumnail

Passenger traffic on domestic routes in January increased by 95.7% year on year

On a monthly basis, air traffic fell by almost 1.52%. In terms of passenger load factor, all airlines saw a month-on-month decline. Air traffic by national airlines increased by 95.72%

Business

Feb 20, 2023

“JLL Reports 93% Surge in Office Space Leasing Across 7 Major Indian Cities in January”-thumnail

“JLL Reports 93% Surge in Office Space Leasing Across 7 Major Indian Cities in January”

According to JLL India, a company that provides real estate and investment management services, the total amount of office space leased out in January across seven major cities increased by

Business

Feb 20, 2023

Experts say the rupee will trade in an 81-84 range against the dollar until June-thumnail

Experts say the rupee will trade in an 81-84 range against the dollar until June

BNP has a year-end target of 80 to the US dollar. BNP Paribas’ global head of India expects the Indian rupee to trade in a range of 81-84 against the

Business

Feb 20, 2023

US Efforts to Speed ​​Up New Visa Applications-thumnail

US Efforts to Speed ​​Up New Visa Applications

Around three million Indian passport holders hold valid US visas and have started travelling to their destinations. The Visa card is a cashless facility to pay for goods and services.

Business

Feb 20, 2023

With the stock sale after the Hindenburg claim, Adani is no longer a $100 billion group-thumnail

With the stock sale after the Hindenburg claim, Adani is no longer a $100 billion group

Adani Group is facing an overall mcap erosion of about $200 billion from its peak of $290 billion last September. The market capitalization (mcap) of the Adani Group, led by

Business

Feb 20, 2023


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