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Home  Business

Business

Dell plans employee layoffs in sales teams as part of partner-driven strategy

Dell plans employee layoffs in sales teams as part of partner-driven strategy

  • Saudi oil giant Aramco reports USD 30 billion in profits

    Saudi state-run oil giant Aramco reported net income of USD 30 billion, compared to USD 48 billion in the second quarter of 2022, a decline of 37.8 per cent
  • SEBI to tighten disclosure norms for conglomerates

    Markets regulator SEBI plans to facilitate transparency around the conglomerate by enhancing the group-level reporting of transactions
  • Sebi mandates FPIs to carry 10 pc of corp bonds trades via RFQ platform

    Sebi on Monday mandated foreign portfolio investors to place at least 10 per cent of their trades in corporate bonds through the Request For Quote platform
  • Zomato stocks continue to rally after it reports first-ever quarterly profits

    Shares of the food aggregator and delivery company Zomato soared 10 per cent on Friday and about 5 per cent today
  • Individuals reporting annual income of above Rs 1 cr doubles in 2 years to 1.69 lakh

    Individuals reporting annual total income of over Rs one crore have doubled to 1.69 lakh in the two-year period ending March 2022
  • Sebi’s refund to Sahara investors reach to Rs 138.07 cr in 11 yrs

    In its previous update, Sebi had put the total amount refunded by it as of March 31, 2022 at Rs 138 crore concerning 17,526 applications
  • Equity markets extend rally, settle higher for 2nd day

    The 30-share BSE Sensex climbed 232.23 points or 0.35 per cent to settle at 65,953.48. During the day, it jumped 346.65 points or 0.52 per cent to 66,067.90
  • 3,085 recognised startups engaged in fintech sector: Govt

    As many as 3,085 recognised startups are engaged in the finance technology (fintech) sector till April 2023
  • Guar seed futures rise on spot demand

    Guar seed prices increased Rs 304 to Rs 5,953 per 10 quintals in futures trade after speculators widened their positions following a firm trend in the spot market.
  • Zinc futures down on muted demand

    Zinc prices on Monday fell by 0.05 per cent to Rs 224.20 per kilogramme in the futures trade as speculators reduced their exposure taking negative cues from the spot market.
  • OYO to add 50 hotels, homestays in Rameswaram, Ramanathapuram

    Hospitality technology platform OYO on Monday said it plans to add 50 hotels and homestays by the end of this year in Rameswaram and Ramanathapuram.
  • Vijay Shekhar Sharma, Paytm promoter, to repurchase 10.3% stake from Antfin for USD 628 million

    Vijay Shekhar Sharma has entered into an agreement to acquire 10.3 per cent of the company's shares from Antfin (Netherlands) Holdings.
  • IIT Hyderabad, Kathmandu University to offer joint doctoral programme

    Many more decisions to strengthen the ties between the two Institutes were taken during the recent visit of the IIT-H delegation to KU.
  • Equity markets climb in early trade

    The 30-share BSE Sensex climbed 210.43 points to 65,931.68 in early trade. The NSE Nifty advanced 66.1 points to 19,583.10.
  • Rupee rises 10 paise to 82.71 against US dollar

    However, sustained foreign fund outflows and strength of the American currency in the overseas market dented investor sentiments, forex traders said.
  • Singapore embraces green initiatives amid oil industry decline

    Singapore is one of the most important oil trading and refining centres in the world. In fact, it is one of the top three oil trading and refining centres in the world.
  • Jio gets USD 2.2 bn fund support from Swedish Export Credit agency to finance 5G roll-out

    The company has largely procured telecom gears from Swedish firm Ericsson and Finnish company Nokia to deploy its 5G network
  • After retail and telecom, Ambani casts eye on financial services, new energy business

    The recently demerged Jio Financial Services Ltd will leverage the prowess of digital and retail businesses, Ambani said in the latest annual report of Reliance
  • Reliance seeks shareholder nod to appoint Ambani as head for another 5 years at nil salary

    In a special resolution, Reliance sought the nod of shareholders to appoint Ambani as the head of the company till April 2029
  • HDFC Bank’s Jagdishan highest paid bank CEO in FY23 with Rs 10.55 cr pay

    HDFC Bank's Sashidhar Jagdishan has emerged as the highest-paid bank chief executive in FY23, grossing over Rs 10.55 crore in overall pay
  • Profit of PSU banks more than doubles to Rs 34,774 cr in Q1

    PSBs have once again posted stellar performance by registering more than double profit of Rs 34,774 crore for the first quarter ended June 2023
  • RIL’s contribution to national exchequer crosses Rs 5 trillion in last three years

    Reliance's contribution to national exchequer stood at Rs 1,77,173 crore in FY23, marginally down from Rs 188,012 crore of FY22
  • Credit facilities extended to Videocon caused loss of over Rs 1,000 crore to ICICI Bank: charge sheet in Kochhar case

    The over 10,000 pages-long charge sheet was filed recently before a special court for the Central Bureau of Investigation cases here
  • IndiGo commences non-stop flight to Nairobi

    No-frills airline IndiGo on Saturday commenced its air services to the African market with the launch of a non-stop flight to Nairobi
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