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India’s Biggest Open Offer: Adani Group’s Rs 31,000 Cr Open Offer To Buy Stakes In…
Adani Group has been greenlit by capital markets regulator SEBI to make a $3.8-billion open offer for Ambuja Cements and ACC after it acquired a 63% stake in Ambuja Cements from Holcim, a Switzerland-based construction company.
The…
[Exclusive Interview] This Is The Only Indian Company To Design & Manufacture Keyboards, Mouse!
Recently, we interacted with Mr. Sridhar Thirunakara, Founder and Managing Director of Outshiny India-Arctic Fox, and asked him about the unique product-based startup, and how they are spreading the message of Make in India.
Here…
Ticket For Children Below 5 Years? Indian Railways Issues Clarification (Check Full Details)
Recently, there was news that rules for railway ticket booking for children have been changed by the Indian Railways.
However, a clarification has been issued by the Ministry of Railways now, which denies these rules.
No…
Aadhaar Card Compulsory For Getting Govt Benefits, Subsidies: No Aadhaar, No Govt Benefit
The government provides many different kinds of subsidiaries to different sects of people in the country.
However, as per a recent circular issued by the government, it will be mandatory for people to have a valid Aadhar card to…
Tencent Fires 5500 Employees In 90 Days: First Time In 10 Years
After missing quarterly revenue estimates, the Chinese multinational technology and entertainment conglomerate, Tencent announces layoffs.
Tencent Layoffs
By the end of June, the Shenzhen headquartered company…
$2.2 Billion Merger Of Biggest Book Publishers Will Be Stopped By US Govt: Penguin Random House and…
In a move that justifies equal competition opportunities to all sectors of industries rather than just the e-commerce sector or the smartphone industry to name a few, the Justice Department in the US has urged a judge in the country to…
Mumbai Trans Harbour Link Will Be India’s Longest Sea Bridge! Here’s The Expected…
The country’s longest sea bridge, currently in construction - the Mumbai Trans Harbor Link (MTHL) is reported to be ready by the end of 2023.
Image: @cbdhage/Twitter
As per latest update on the sea bridge, about 80% of the…
Only These Passengers Get Guaranteed Lower Berth While Booking Train Tickets! (IRCTC Official Reply)
Many a time while booking a train ticket on the IRCTC portal, you do not get the desired seat despite having put in your choice request and there being ample amount of vacant seats reflected.
In a tweet response, Indian Railways…
This ITeS Company Will Hire 20,000 Indians With 100% Work From Home Model! How Will This Work?
Teleperformance, a company which provides omnichannel customer experience, has announced plans to hire 20,000 new employees in India over the next 18 months.
It has a market capitalisation of around $20 billion and employs over 4…
Attrition Soars To 36% At Cognizant; 2nd Worst Quarter Ever In Terms Of Attrition [Updated]
Cognizant reported a historic high attrition of 36 percent in the second quarter ending June 30.
Attrition Highest Among IT Companies
36 percent is the second-worst quarter in the company’s history.
It is also significantly…
Walmart-Backed Flipkart Will Invest $500,000 In 6 Indian Startups: Special VC Funds Created
The e-commerce major Flipkart has set up a $100 million venture fund in India which will invest up to $500,000 in six startups under its accelerator program.
Startups Chosen For Accelerator Program
This ‘Flipkart Ventures’ was…
SBI May Soon Hire Based On Agniveer Framework: Contractual Jobs, Based On Performance & Need
Employees will be recruited in banks on a contractual basis, similar to the Agnipath scheme.
In fact, reports have confirmed that the State Bank of India will be launching a separate company that will take care of issues…
Apple Can Launch iPhone 14 On This Date In September! Checkout iPhone 14 Launch Date Speculations
Apple will hold a launch event on September 7 with an official unveiling of the iPhone 14 line.
Aside from the smartphones the launch event will also include multiple new Macs, low-end and high-end iPads, and three Apple Watch models.
…
Facial Recognition Based Verification, Entry Starts At Bengaluru Airport: How Will It Work?…
Bengaluru airport has introduced a facial recognition system that will help improve passenger experience.
It started from Aug 16 across two airlines, namely AirAsia India and Vistara.
How it works
Passengers have to download…
Wipro Is Stopping All Bonuses, Incentives For Employees? Here Is The Truth Shared By Wipro!
A recent media report mentioned that the IT major, Wipro was pausing variable payouts for April-June quarter for mid and senior-level employees.
Wipro Pausing Employees Variable Payouts
Clarifying on this subject, Wipro said that…
Volkswagen To Supply Parts For Mahindra Electric Cars: How Will This Partnership Work?
As part of the term sheet signed by both companies, Volkswagen will supply Mahindra Electric car parts from its MEB (Modular Electric Drive Matrix) platform.
Mahindra And Volkswagen Joining Forces
Basically, the said term…
Paytm Joins Forces With Samsung To Offer Instant Credit At Store Outlets Via PoS
To facilitate smart payments as well as its loan service Paytm Postpaid through deployment of point of sale (POS) devices, Paytm on Tuesday said that it has partnered with Samsung stores across India.
Paytm Samsung Partnership
…
27,000 Employees Reduced By Amazon; But Company Denies Any Firing, Only Change In ‘Hiring…
The ecommerce giant Amazon was in the news for firing its employees whereas it refuted the claims of the same and said instead that the hiring plans have been changed.
Decreased Headcount
The earnings report by Amazon indicates…
India Will Beat China In Salary Raise! Indian Employees Expected To Get 10% Salary Hike, Highest In…
A new report has stated that Indian companies will see a 10% median salary hike in 2023.
The numbers are affected by labor constraints and inflation concerns, as per the report by the Salary Budget Planning Report by WTW.
…
This Insurance Company Backed By Virat Kohli Files For IPO Worth Rs 5000 Crore
Virat Kohli-endorsed Digit Insurance has filed for draft papers with the market regulator Securities Exchange Board of India (SEBI) to raise funds through an IPO.
Offer for sale
It is looking to raise Rs 1,250 crore via a fresh…