Business

In the earnings report for its fourth quarter of 2022, the company said it expects to reduce gross global headcount by approximately 4,000-6,000 employees, which is between 7-11 per cent of its workforce.

"You (Amazon) are therefore requested to attend this office with all relevant records in the matter either personally or through an authoriSed representative on the aforesaid date and time without fail," the Ministry's notice issued on Tuesday read.

Basking in the success and glory of its maiden private rocket – Vikram-S, the company is now riveted on the big thing - launch of its flagship Vikram-I.

Set up with an investment of Rs 29 crore, the centre has an in-house kitchen (culinary) and chef to take care of culinary food applications.

After a weak beginning, the 30-share BSE Sensex further declined 463.1 points to 61,200.38. The broader NSE Nifty dipped 129.25 points to 18,178.40.

At the interbank foreign exchange, the domestic unit opened at 81.84 against the dollar, then lost ground to quote at 81.86, registering a loss of 12 paise over its previous close.

Messi and Ronaldo are pitted against one another, off the field, in a game of wits -- chess, played on iconic LV trunks.

Hyderabad: Amazon founder Jeff Bezos, and his girlfriend Lauren Sanchez recently gave their first sit-down exclusive television interview to CNN. In the same interview, Bezos announced that he will donate the majority of his $124 billion net worth to charities to combat climate change and to support people who can unify humanity amid growing social […]

Musk has fired almost half of Twitter employees, apart from sacking thousands of contractual workers.

RBI said the Indian economy exhibited remarkable resilience to multiple shocks encountered in succession since early 2020

Hyderabad: The domestic vegetable oil industry is pegged at Rs 2.5 lakh crore. The sector has seen huge volatility this year. High oil and oilseed prices, which normally would be a stimulus for increased production, became a challenge in terms of managing the consumer inflation, Indian Vegetable Oil Producers’ Association President Sudhakar Desai tells Telangana […]

Hyderabad: We have seen a trend of lay-offs across tech companies, but it does not stop here. The food delivery aggregator, Zomato, began laying off employees as it looks to cut costs and turns toward becoming profitable. At least a hundred employees have already been impacted by this lay-off across departments like tech, product, catalog, […]

According to a report in the Silicon Valley Business Journal, the move will result in approximately 4,100 jobs cut at Cisco which has a 83,000-strong workforce globally.

The New York Times reported that key infrastructure teams have been "decimated" at Twitter and Musk sent an email to employees asking them about the details regarding the underlaying technology.

Hyderabad: LTIMindtree, a global technology consulting and digital solutions company, further expanded its Hyderabad operations by setting up a new digital experience centre in Hitec City. IT and Industries Minister KT Rama Rao inaugurated the new premises. The 1,00,000 sq ft centre will accommodate 1,000 professionals. Designed to provide a collaborative working experience, the centre […]

Hyderabad: Hyderabad-based MagikMinds got acquired by the TRC Companies, which is into providing technology engineering, consulting and environmental services in the power and utility, transportation, Government, commercial and industrial segments. Founded in 2010, MagikMinds provides geospatial information systems (GIS) consulting and implementation services to utilities and telecom industries. It has presence in the US, Canada, […]

Pawan and Bharath, who consider rockets to be the most fascinating pieces of machinery ever built, have known each other since their days working with the Indian Space Research Organisation (ISRO).

The 30-share BSE Sensex climbed 179.28 points to 61,929.88 in early trade. The broader NSE Nifty advanced 50.7 points to 18,394.60.

At the interbank foreign exchange, the domestic unit opened up at 81.59 against the dollar, then gained further ground to quote 81.54, registering a gain of 10 paise over its previous close.

Qualcomm is working very closely with Reliance Jio to provide its chipset platforms for the 5G fixed wireless access and the Open RAN 5G network.

The e-commerce giant publicly confirmed some layoffs on Wednesday and now, Jassy has said more layoffs are coming as Amazon's annual planning process extends into the new year.

Annalect India, a marketing and communications player, announced its new office in Hyderabad.

Hyderabad: Hyderabad-based health benefits platform ekincare and medical response company Stanplus joined hands to provide emergency services to the former’s more than 500 corporate customers. Under this, ekincare customers will have access to Stanplus’ network of about 6,000 ambulances in 550 locations cities across India with a 24/7 emergency support helpline, an ambulance support at […]

Hyderabad City-based Natco Pharma said that the Appeals Court in the US has rejected its marketing partner Alvogen’s appeal on Ibrutinib tablets. These are proposed generic equivalents to Imbruvica tablets made Pharmacyclics LLC. It is indicated in the treatment of cancer. Natco and its co-development and marketing partner Alvogen Pine Brook are assessing their option […]