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Home  Business

Business

70-plus Indian startups show exit door to 21K techies, more pink slips coming

70-plus Indian startups show exit door to 21K techies, more pink slips coming

  • Hindenburg fraud type assertions are devoid of facts: Adani Group

    Of Adani portfolio's nine public listed entity's, eight are audited by one of the Big 6.
  • New Hyundai models launched

    The staff of Kun United Hyundai, including vice president B Purnima, DGMs G Santosh and A Karthik, and senior managers Amit M Chabria and K Rohit were present.
  • BharatPe paid Rs 1.69 cr salary to Ashneer in FY22, Rs 63 lakh to his wife

    Currently, the company is involved in a legal battle with Ashneer, after suing him and his family for allegedly siphoning off company funds worth Rs 88.6 crore.
  • Suzuki to use cow dung for its CNG cars, signs MoU with National Dairy Development Board

    The company in its growth strategy for 2030 said it has invested in Fujisan Asagiri Biomass that generates power from biogas derived from cow dung in Japan, and beginning its study.
  • Adani Group stocks continue to fall; Adani Total Gas tanks nearly 20 pc

    Shares of Adani Total Gas plummeted 19.65 per cent, Adani Transmission tumbled 19 per cent, Adani Green Energy plunged 15.50 per cent and Adani Enterprises tanked 6.19 per cent on the BSE.
  • Hindenburg Research says it stands by report on Adani Group, says any legal action would be ‘meritless’

    Adani Group said it was mulling legal options in the US and India against Hindenburg Research after its report accused firms owned by Gautam Adani of market manipulation and accounting fraud.
  • Gold prices on the rise this wedding season in Hyderabad

    For the past 10 days, the price of gold has been making its way up and on Wednesday, the value of gold notched a six-month high in the Hyderabad market
  • RBI to auction green bonds worth Rs 8,000 cr on Wednesday

    The Central government's new SGrB 2028 and SGrB 2033 are going to be auctioned.
  • ‘Report’s publication betrays brazen, mala fide intention to undermine Adani Group’s reputation’

    In a statement, Jugeshinder Singh, Group CFO, Adani, said the report is a malicious combination of selective misinformation and stale, baseless and discredited allegations that have been tested and rejected by India's highest courts.
  • Hindenburg alleges “brazen” fraud by Adani; company calls it malicious, baseless

    Adani Group said it was shocked to see the report that came out without any attempt to contact it to get the factual matrix.
  • Sensex, Nifty decline in early trade on selling in IT, financial shares

    The 30-share BSE Sensex fell by 268 points or 0.44 per cent to 60,709.93 as 24 of its constituents declined. The index opened lower at 60,834.73 and dropped further to a low of 60,693.39 in early trade.
  • Rs 21.2 cr sent to Dubai via cryptocurrency in UP’s Prayagraj

    The police have also come across 35 bank accounts of the accused Krishna Avtar, who has been arrested and sent to jail.
  • How to be prudent with money

    Money management, in a nutshell, is about savings, using it to protect oneself against life's vagaries, and growing money
  • Vijay Deverakonda becomes co-owner of Hyderabad Black Hawks team in RuPay Prime Volleyball League

    Deverakonda, well known for his roles in Pelli Choopulu and Arjun Reddy, will also be the brand ambassador for the Black Hawks, with appearances and promotions aimed to take the team beyond the league matches and bring it before a global audience.
  • Spotify to lay off employees amid deepening slowdown

    The number of workers to be fired wasn't specified at the moment, reports Bloomberg, citing sources.
  • Rupee gains 19 paise to breach 80 level against US dollar

    A fall in crude oil prices and early gains in equity markets also supported the local currency, according to forex dealers.
  • About 3,000 tech employees now being fired a day on average in Jan

    The sacking episodes have gained speed amid global economic meltdown and recession fears.
  • Digital healthcare provider MediBuddy lays off 8% of its workforce

    MediBuddy, an end-to-end digital healthcare platform in India, has laid off 8 per cent of its workforce, around 200 people, across all departments as a restructuring exercise.
  • Wipro lays off over 400 freshers for poor performance

    The company has issued termination letters to all the affected employees and stated that despite adequate training, they have failed to perform.
  • Microchip Technology acquires 1.68 lakh sft of office space in Kokapet

    Semiconductor major Microchip Technology has acquired 1,68,000 sft of office space in One Golden Mile at Kokapet
  • Sensex declines 107.59 points to 60,750.84 in early trade

    The 30-share BSE Sensex declined 107.59 points to 60,750.84 in early trade despite a positive beginning. The broader NSE Nifty went lower by 29 points to 18,078.85.
  • Rupee gains 21 paise to 81.15 against US dollar

    Forex traders said the rupee opened stronger tracking gains in the non-deliverable forward (NDF) markets.
  • Tata Boeing Aerospace delivers first fuselage to Indian army

    The aerospace company has delivered the first fuselage for six AH-64 Apache attack helicopters ordered by the Indian Army from its Hyderabad facility.
  • WebPT announces Rs.150 crore Global Capabilities Centre in Hyderabad

    The announcement to set up the GCC was made during IT Minister KT Rama Rao’s meeting with WebPT CEO, COO at the World Economic Forum, Davos.
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