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Home  Business

Business

Used goods marketplace OLX lays off 250 people in India

Used goods marketplace OLX lays off 250 people in India

  • RBI to move to next gen treasury application for managing forex

    The NGTA, for which the RBI has invited bids from eligible vendors, would be supporting various transactions in asset classes like Fixed Income (FI), Forex (FX), Money Market (MM) and Gold.
  • H&M to expand physical stores in India

    "Currently, consumers are relying more on the digital stores but when the confidence and sentiment start to slowly change, people will come back to physical stores,"
  • Stock markets rally likely to continue in short-term, say analysts

    "Going ahead, market is expected to remain positive but with sector/stock specific action. Investors would now track earnings season and watch out for management commentaries."
  • Huawei to debut its Mate 40 smartphones on October 22

    Owing to US trade restrictions, "this year may be the last generation of Huawei Kirin high-end chips," said Richard Yu, CEO of Huawei's consumer business unit in August.
  • Blue Dart strengthening logistics infra for pharma

    Keen to support large-scale vaccine development and production happening in Hyderabad
  • Agri exports rise 43.4 per cent in Apr-Sept

    Positive growth was recorded in export of groundnut (35 per cent), refined sugar (104 per cent), wheat (206 per cent), basmati rice (13 per cent) and non-basmati rice (105 per cent)
  • Extending moratorium would be detrimental to economy: Centre to SC

    New Delhi: The Centre has told the Supreme Court that going any further than the fiscal policy decisions already taken, such as waiver of compound interest charged on loans of up to Rs 2 crore for six months moratorium period, may be “detrimental” to the overall economic scenario, the national economy and banks may not […]
  • HMA’s flagship Industry Readiness Program takes off

    The objective is to prepare participants to face the real-world of corporate/entrepreneurship and bridge the gap between academics and working environment
  • Auto sector hopes for quick recovery in upcoming festive season: Emkay

    The retail volume improvement in August and September has been driven by pent-up demand, positive rural sentiment, shift toward personal mobility and fading impact of price hikes
  • Fashion retailers likely to witness 35 to 42 per cent dip in FY21 revenues

    Revenues in Q2 FY21 though improved sequentially are expected to remain substantially lower on a year-on-year basis adversely impacted by local lockdowns and restrictions, said ICRA
  • AirAsia India to induct more aircraft

    AirAsia India going ahead with the planned induction of 5 fully-owned aircraft which will bring down the average fleet age to around three years
  • IBM splits into two companies

    IT services unit of IBM's global technology services business will become a separate public company
  • OPPO patents super-curve display smartphone design

    According to the documents of the patent, OPPO has patented four different smartphone designs with minor differences in their display curves. However, only one of them is showcased in colour renders.
  • Amazon introduces 1st custom electric delivery vehicle

    In support of The Climate Pledge commitment to be net zero carbon by 2040, 10,000 Amazon custom electric delivery vehicles will be on the road delivering to customers worldwide as early as 2022 and all 100,000 by 2030.
  • Apple offers free AirPods as Diwali gift with iPhone 11 in India

    The popular AirPods (2nd generation) are powered by the all-new Apple H1 headphone chip and use optical sensors and motion accelerometers to detect when they're in ear.
  • Nokia has best chance to revive in Huawei’s absence: Report

    "Clearly, the process of transforming Nokia from a mobile-only infrastructure provider into a broader based end-to-end communications infrastructure player has taken longer than expected," said Gareth Owen
  • Developers hail RBI’s move to lower risk weightage on house loans

    RBI decided to rationalise the risk weights by linking them only with LTV (Loan to Value) ratios for all new housing loans sanctioned up to March 31, 2022
  • Coal India’s allocation under spot e-auction up 49 per cent

    Fuel allocation by CIL under the scheme also increased to 3.36 MT in August, from over 0.61 MT in the corresponding month of previous fiscal
  • Tata Steel second quarter output at 7.26 MT

    During July-September 2020, Tata Steel India's production stood at 4.59 MT, as against 4.50 MT in the same quarter a year ago
  • Tech Mahindra expands alliance with BMC Software

    The multi-tiered partnership will focus on increasing agility and reducing time to market by leveraging AIOps and analytics
  • RBI keeps rates unchanged

    The central bank had slashed the repo rate by 115 basis points since late March before hitting a pause button in August
  • ‘Need for data scientists to grow’

    Experts suggest new sectors will require people who can analyse data in post-Covid era
  • Protect rights and dignity of employees: Jayesh Ranjan

    IT and Industries Principal Secretary urging the companies to ensure that respect and dignity of the employees are protected all times
  • M&M offers free coronavirus insurance plan for Bolero

    The insurance plan can be availed between October 1 and November 30 on the Bolero pickup range which includes the pick-up Maxi Truck, City pickup and Camper
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