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Indian IT Companies Have 23% Less Jobs Compared To Last Year: The Bubble Has Burst?
Active job openings in the IT sector has seen a 23 percent drop in August 2022, as compared to August 2021, according to a report by staffing firm Xpheno.
This is reflective of the several challenges Indian IT companies are beset…
2nd Biggest Bank In This Country Will Fire 5000 Employees To Cut Costs: 10% Workforce Will Be…
Credit Suisse may cut around 5,000 jobs, about one position in 10, as part of cost cutting measures.
Tough times
The scale of the potential firings reflect the challenge facing Credit Suisse and new chief executive Ulrich…
Creators Of UPI Will Acquire 10% Stake In ONDC: The Open Ecommerce Network! UPI Payments Being…
A nod from the Reserve Bank of India and the Union Ministry of Finance has been given to the National Payments Corporation of India (NPCI)’s acquisition of 10 percent stage in the Open Network for Digital Commerce (ONDC), India's open…
Why 23-28% IT Employees Are Leaving Infosys, TCS, Wipro, HCL: Why So High Attrition Rate?
An increase in attrition rate is a huge problem being faced by Indian IT companies of late, especially the IT behemoths like Infosys, Wipro and TCS too.
An elevating face cost overloads and margin pressures are putting a…
Singapore Offers 5-Year Work Visa For These Foreign Workers! (Check Your Eligibility)
Singapore has come up with a new plan in order to get more foreign workers to come to the country.
Reports have confirmed that the country’s plan is to overhaul visa rules and strengthen the labor market in Singapore.
…
PM Modi Says That Remote Work Is The Future Of Jobs! Supports Flexible Hours For Employees
With offices opening across the countries and companies beginning to call employees back to workspaces on a full-time or hybrid basis, Prime Minister Narendra Modi has made an announcement endorsing the work-from-home ecosystem and the…
This CEO Wants Freshers To Work 18 Hrs/Day & Stop Giving Excuses; Severely Criticized On Social…
A recent tweet by an Indian CEO has been doing rounds over the internet and attracting much criticism after he suggested a tight work regime to freshers for up to 4-5 years of their career.
If you know what we are talking about, the…
Action Taken Against 2.5 Crore Facebook, Instagram Posts By Meta To Comply With Indian IT Laws
The US social media giant Meta Platforms, in its monthly transparency report has stated that there were actions taken against 2.7 crore posts on Instagram as well as Facebook in July.
To throw some light on it, there were actions…
Reliance Will Relaunch Iconic Softdrink Brand: Campa Cola! Pays Rs 22 Crore To Acquire Campa Cola…
As per the sources, post the announcement of entry into FMCG space, Reliance Industries has acquired the home-grown soft drink brand Campa from Delhi-based Pure Drinks Group.
Campa Bought Out by Reliance for 22 Crores
The sources…
Rs 80,000 Crore Merger Between Zee and Sony Can Hurt Competition, As Per CCI | Merger Looks Tough?
According to an official notice by the country's antitrust watchdog, the $10 billion TV enterprise after the merger of the Indian unit of Japan's Sony (6758.T) and Zee Entertainment (ZEE.NS) can potentially hurt competition due to the…
Canda Invites Record Number Of Foreigners For Permanent Residentship!
The highest ever 2,750 invitations to apply (ITA) have been issued by the Immigration Refugees and Citizenship Canada (IRCC) in the latest Express Entry draw. The number has been highest since all-program draws resumed on July 6, and a…
An Indian Becomes Starbucks CEO: These Top Global Companies Are Now Headed By Indians
Laxman Narasimhan is the latest Indian-origin CEO of American coffee brand Starbucks, joining a growing list of techies and businesspersons of Indian origin heading multinational global firms.
Starbucks head
55-year-old…
India Is Now World’s 5th Biggest Economy: Beats UK, France, Canada In  ‘Nominal’…
India is now the world's fifth-largest economy after overtaking Britain.
Stunning growth
The Indian economy managed to topple the UK from its standing over the last three months of 2021.
For perspective, nearly a decade ago in…
ED Raids Paytm, Razorpay, Cashfree Offices Over Illegal Chinese Loan Apps
The Enforcement Directorate conducted raids as part of an ongoing probe against "illegal" instant smartphone-based loans "controlled" by Chinese persons.
How it started
The money laundering case is based on at least 18 FIRs filed…
JioAirFibre Will Introduce ‘True 5G’ In Indian Homes | Affordable 5G Phones Coming Soon!
At the recently conducted 45th Annual General Meeting, Jio announced the launch of JioAirFibre to launch 5G services across the country.
We recently reported that Mukesh Ambani has announced that Reliance Jio will roll out 5G…
Upcoming iPhone 14 Can Have Satellite Connectivity For Fast Internet At Rural Locations!
Apple and its fans are all gearing up for Wednesday, 7 September 2022, the day it will conduct the launch event called 'Far Out.'
The company is expected to launch a new batch of Apple products, such as the Apple Watch Series 8,…
TCS Will Stop Salary Increment Of New Employees? Here’s The Truth You Should Know!
According to reports Tata Consultancy Services (TCS) has deferred hikes for employees who have completed one year. However, TCS has denied these reports, and as per them, all employees will get salary hike.
What was being said…
Maruti Suzuki Sold 30% More Cars In August: 5505 Cars Sold Per Day In 30 Days!
According to the sales tally of Maruti Suzuki India Limited (MSIL) for the month of August 2022 as 1,34,166 units were sold.
The car maker on September 1 revealed that the number is significantly higher against 1,03,187 units…
Australia Invites 35,000 More Foreign Workers! Work Visa Limit Increased To 195,000 Due To These…
Australia will pump its permanent immigration numbers up by 35,000 to 195,000 in the current financial year.
Businesses struggle during pandemic
This is a part of efforts to attract long-term migrants who can fill in for…
Finally! HCL Beats Wipro To Become India’s 3rd Biggest IT Company (In Terms Of Revenue)
Indian IT major, HCL Technologies has been the third largest IT company in India by revenue for the last four years.
HCL - Third Largest IT Company In India
Interestingly, the market never saw it like that as…