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Hewlett-Packard (HP) will eliminate 6,000 positions and 10% of its global staff to address the “challenging market situation.”-thumnail

Hewlett-Packard (HP) will eliminate 6,000 positions and 10% of its global staff to address the “challenging market situation.”

In response to the diminishing demand for personal computers that have reduced revenues, HP Inc. may axe up to 6,000 employees.  The Hewlett-Packard Company (HP) will eliminate up to 6,000

News

Nov 23, 2022

Monster.com is rebranding to foundit uses a Data-Driven Approach to Hiring-thumnail

Monster.com is rebranding to foundit uses a Data-Driven Approach to Hiring

This rebranding was already decided after Quess took over Monster but was postponed due to the pandemic and some other concerns. Monster.com, a self-developed job portal, has announced plans to

News

Nov 23, 2022

<strong>Adani Enterprises Ltd. planning to issue at least $1.8 billion worth of fresh shares.</strong>-thumnail

Adani Enterprises Ltd. planning to issue at least $1.8 billion worth of fresh shares.

Shares in Adani Enterprises have surged 134% in the year to date, giving it a market value of about $55.5 billion. India’s NSE Nifty 50 index — it added Adani’s

Industry

Nov 23, 2022

<strong>Inox Green Energy Services’ IPO debuts at the bourses at an 8% discount.</strong>-thumnail

Inox Green Energy Services’ IPO debuts at the bourses at an 8% discount.

IGESL is one of the major wind power operation and maintenance (O&M) service providers within India. The company is engaged in the business of providing long-term O&M services for wind

Industry

Nov 23, 2022

Allied Blenders and distillers’ IPO money is to be go for debt repayment and expansion.-thumnail

Allied Blenders and distillers’ IPO money is to be go for debt repayment and expansion.

Allied Blenders and Distillers (ABD) had filed draft documents with market regulator the Securities Exchange Board of India (SEBI) to raise Rs 2,000 crore through an initial public offering (IPO),

Industry

Nov 23, 2022

Bengaluru-based Cafe Chain Point is planning an IPO in the next 18-24 months.-thumnail

Bengaluru-based Cafe Chain Point is planning an IPO in the next 18-24 months.

Apart from its retail outlets, Chai Point now has different sets of clientele grouped under corporate, and third-party retail outlets and separately also sells packaged goods via marketplaces as well

Industry

Nov 23, 2022

<strong>Amazon Alexa will experience a $10 billion loss in 2018.</strong>-thumnail

Amazon Alexa will experience a $10 billion loss in 2018.

According to reports, Amazon Alexa is on track to lose $10 billion this year since the voice assistant was unable to establish a reliable source of income. According to reports,

News

Nov 23, 2022

Indian investment cycle booms on new credit signals-thumnail

Indian investment cycle booms on new credit signals

For the past years, India’s foreign investments were denied due to the huge indebtedness by conglomerate companies and international banks but the situation has recovered and new capabilities are being

Industry

Nov 22, 2022

Lighthouse will sell 335 crore worth of Nykaa shares in a block deal tomorrow-thumnail

Lighthouse will sell 335 crore worth of Nykaa shares in a block deal tomorrow

Lighthouse India is expected to sell the shares at a price range of around 180-183.5 per share, a 2% discount to the e-commerce beauty company’s last closing price on Monday.

Industry

Nov 22, 2022

HDFC Bank and Canara Bank receive RBI approval for rupee trade with Russia: Report-thumnail

HDFC Bank and Canara Bank receive RBI approval for rupee trade with Russia: Report

Vostro accounts are accounts held by a bank on behalf of another, often foreign, bank, and are an important part of correspondent banking. So far, five Indian banks have received

Finance

Nov 22, 2022

The Adani Group’s 493-crore open offer for NDTV will begin tomorrow.-thumnail

The Adani Group’s 493-crore open offer for NDTV will begin tomorrow.

The open offer, with a price band of $294 per share set, will begin on November 22 and end on December 5, according to a notice issued by JM Financial,

Industry

Nov 22, 2022

<strong>Areez Khambatta, the creator of Rasna, died at the age of 85 after suffering a heart arrest.</strong>-thumnail

Areez Khambatta, the creator of Rasna, died at the age of 85 after suffering a heart arrest.

The corporation also stated that Khambatta’s tireless efforts resulted in the creation of thousands of jobs, both directly and indirectly. Areez Khambatta, the guy of the popular home-grown beverage Rasna,

Enterprise Service

Nov 22, 2022


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