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Online marketplace OLX to slash over 1,500 jobs globally, including India-thumnail

Online marketplace OLX to slash over 1,500 jobs globally, including India

As part of a restructuring effort amidst the global economic slowdown, OLX Group is reducing its workforce by 15%, affecting over 1,500 employees globally, including in India, as part of

Business

Jan 31, 2023

<strong>Balaji Solutions and Enviro Infra Engineers get the go-ahead from Sebi to float their IPO</strong>-thumnail

Balaji Solutions and Enviro Infra Engineers get the go-ahead from Sebi to float their IPO

According to a Tuesday update from the Securities and Exchange Board of India (Sebi), the two businesses, that submitted their preliminary IPO papers to Sebi in August and September 2022,

News

Jan 31, 2023

<strong>Startup Guide: When and Why Should You Raise Venture Debt Funding?</strong>-thumnail

Startup Guide: When and Why Should You Raise Venture Debt Funding?

Any new firm requires financial investment, and funding helps businesses grow by developing their value offering and strengthening their employees to contribute to the company’s success. The Indian startup ecosystem

Business

Jan 31, 2023

Report: Indian companies anticipate a China-like ecosystem in India as a result of Google’s changes-thumnail

Report: Indian companies anticipate a China-like ecosystem in India as a result of Google’s changes

According to a report by The Economic Times, Indian app developers hold the belief that the disentanglement of Google’s app ecosystem in India will present opportunities for them to establish

Business

Jan 31, 2023

India has become a major exporter of toys and phones: President Murmu-thumnail

India has become a major exporter of toys and phones: President Murmu

The 2022-2023 economic report will be released shortly after the President’s speech. Finance Minister Nirmala Sitharaman is expected to present the union budget on 1 February. Indian President Draupadi Murmu

Business

Jan 31, 2023

Requesting major areas of strength for his choices are slow: Tech Mahindra Chief CP Gurnani-thumnail

Requesting major areas of strength for his choices are slow: Tech Mahindra Chief CP Gurnani

IT administrators association Tech Mahindra on Monday detailed a 5.2 time-on-time fall in its Q3 net benefit to ₹297 crores, amid an extreme macroeconomic climate. In rupee terms, income for

Business

Jan 31, 2023

Alibaba shares lose $28 billion in a sign of a fizzling rally-thumnail

Alibaba shares lose $28 billion in a sign of a fizzling rally

The greatest drop in the stock price of Alibaba Group Holding Ltd. in the past three months highlights investor worry that China’s consumer rebound may fall short of high expectations.

Business

Jan 31, 2023

IDFC First Bank and ToneTag Partners to Launch CBDC Payments-thumnail

IDFC First Bank and ToneTag Partners to Launch CBDC Payments

Retail CBDCs, like “cash”, are primarily used for retail payments. DFC FIRST Bank is collaborating with ToneTag, a global provider of contactless and voice technology solutions, to enable digital rupee

News

Jan 31, 2023

4 key things to watch in the 2023 Union Budget: capex, taxation, etc-thumnail

4 key things to watch in the 2023 Union Budget: capex, taxation, etc

The Union Budget for the 2023-24 financial year will be presented by the Finance Minister, Nirmala Sitharaman, on February 1, 2023. As it is the final full budget before the

Finance

Jan 31, 2023

India remains the world’s fastest-growing economy despite the global recession-thumnail

India remains the world’s fastest-growing economy despite the global recession

India’s growth rate will decline from 6.8 percent in 2022 to 6.1 percent in 2023. The International Monetary Fund (IMF) expects the Indian economy to slow slightly next fiscal year,

Finance

Jan 31, 2023

IMF expects India and China to account for half of the global growth in 2023-thumnail

IMF expects India and China to account for half of the global growth in 2023

The International Monetary Fund (IMF) forecasted that India and China would account for half of the global economic growth in 2023 and that the third-largest economy in Asia will continue

Finance

Jan 31, 2023

Unilever appoints Dutch Dairy President Hein Schumacher as new CEO-thumnail

Unilever appoints Dutch Dairy President Hein Schumacher as new CEO

The London-based company said in September that CEO Joff plans to step down at the end of 2023. Unilever is the world’s largest soap manufacturer, selling its products in approximately

Business

Jan 30, 2023


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