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Home  Business

Business

Zomato slashes 600 jobs; hits employees in Hyderabad, Gurugram

Zomato slashes 600 jobs; hits employees in Hyderabad, Gurugram

  • Sensex crashes by 1,390 points as US ‘Liberation Day’ fear grips Indian markets

    US President Donald Trump plans to roll out a set of reciprocal tariffs on April 2, which he says will be ‘Liberation Day’ for the US
  • ATF rates slashed. Will air travel get cheaper?

    The rates of commercial LPG that is used in hotels and restaurants were also reduced by Rs 41 per 19-kg cylinder. However, for cooking gas used in domestic households, the price remains unchanged at Rs 803
  • RBI at 90: Enduring partnership between RBI and government essential, says President Murmu

    Speaking at the closing ceremony of the commemoration of 90th year of Reserve Bank of India, President Murmu lauds RBI for taking proactive measures to strengthen and safeguard a secure banking environment
  • Indians working abroad sent home a record $129.4 billion in 2024

    India tops the list of recipient countries for remittances in 2024 and is way ahead of second-placed Mexico with $68 billion
  • Vanguard to set up first Global Capability Center in Hyderabad, plans to hire 2,500 employees

    A delegation from Vanguard, led by CEO Salim Ramji, met with Chief Minister A Revanth Reddy and senior officials. Following the discussions, Vanguard announced plans to expand its Hyderabad office, with a focus on hiring engineers specializing in Artificial Intelligence, Data & Analytics, and Mobile Engineering.
  • Nokia to upgrade Vodafone Idea’s optical transport network for 4G, 5G expansion

    Jagbir Singh, CTO of Vodafone Idea Limited, stated that with Nokia’s advanced optical network solutions, they are eager to develop a flexible, high-capacity, and future-ready network that will contribute to India’s digital transformation and foster innovation across various sectors.
  • “Can y’all chill, our team needs sleep,” says OpenAI CEO Sam Altman after Ghibli images take over internet

    On March 25, OpenAI introduced its newest AI-powered image generator, integrated with ChatGPT's GPT-4o model. This feature allows users to refine images iteratively and maintain consistency across multiple edits.
  • Explained: Key I-T rule changes for salaried employees from April 1

    From a higher tax-free income limit to changes in TDS rules, these revisions will impact every taxpayer in India. One of the biggest reliefs for taxpayers is the increase in the tax-free income limit under the new tax regime
  • Kapil Dev lauds Adani Group’s commitment to promoting golf in India

    Adani Group also announced its entry into Indian professional golf with the launch of the 'Adani Invitational Golf Championship 2025'
  • Interest rates on small savings schemes, including PPF, NSC, remain unchanged

    The rates of interest on various Small Savings Schemes for the first quarter of FY 2025-26 starting from 1st April, 2025 and ending on 30th June, 2025 shall remain unchanged from those notified for the fourth quarter (1st Jan, 2025, to 31st March, 2025) of FY25, said a Finance Ministry notification
  • Restaurants cannot mandatorily levy service charge on food bills: Delhi HC

    Justice Prathiba M Singh dismissed petitions of restaurant bodies challenging Central Consumer Protection Authority guidelines prohibiting hotels and restaurants from levying mandatory service charge on food bills
  • US on egg hunt in Europe to ease prices at home  

    Germany, Italy, Poland and Sweden are among the nations the US Department of Agriculture approached to address the shortage brought on by a bird flu outbreak. But supplying Americans with eggs would be complicated for these foreign producers
  • BSE shares in heavy demand; jump nearly 18 per cent

    The stock of the exchange surged 17.81 per cent to Rs 5,519 on the NSE. Meanwhile, the National Stock Exchange (NSE) has deferred its plan to change the expiry day of all index and stock derivatives to Monday from Thursday until further notice following the Sebi's consultation paper
  • Rupee gains 18 paise to 85.56 against US dollar on strong foreign inflows

    According to forex dealers, foreign investors have injected over USD 2 billion into Indian equities over the past four days, while month-to-date inflows into Indian bonds have surpassed USD 3 billion. However, the local currency's sharp appreciation remained limited as investors weighed the potential economic impact of rising global trade concerns.
  • Sensex, Nifty slip in early trade amid global weakness; FIIs continue buying

    The 30-share BSE Sensex dropped 144.66 points to 77,461.77 in early trading, while the NSE Nifty slipped 38.7 points to 23,553.25. Among the Sensex constituents, Mahindra & Mahindra, Infosys, Power Grid, Sun Pharma, HCL Tech, Bajaj Finance, IndusInd Bank, and Axis Bank were the top decliners.
  • Reality bites Hyderabad realty! Housing sales plummet by 49%

    Though most cities had a negative change in sales for the period, Hyderabad’s sales decline was the most hurting, followed by Kolkata with 31 per cent drop
  • Opinion: Building a skilled India

    Govt must leverage National Education Policy, 2020, to establish an adult education framework that aligns with the needs of future workforce
  • Editorial: Surveillance under the guise of tax enforcement

    At a time when digital communication is deeply integrated into our professional and personal lives, allowing government easy access to sensitive public data is fraught with danger 
  • Govt to launch ‘Sahkar taxi’ that will provide bike, cab, auto services to compete with Ola, Uber

    “Sahkar Taxi will register two-wheeler taxis, auto-rickshaws, and four-wheeler taxis across the country,” Union Home Minister and Minister of Cooperation Amit Shah said, while announcing the initiative in Parliament
  • Gautam Adani is India’s second richest person . Here’s by how much his wealth grew

    Gautam Adani’s total wealth rose 13 per cent. Mukesh Ambani remains Asia’s richest person while HCL’s Roshni Nadar breaks into global top 10 rich women list, according to Hurun Global Rich List 2025
  • Building on legacy: Royal Enfield launches popular ‘Classic’ with 650 CC engine

    The Classic 650 will be available in three variants: Hotrod, Classic, and Chrome. It will be available in four colourways: Vallam Red, Bruntingthorpe Blue, Teal, and Black Chrome.
  • BIS raids Amazon, Flipkart warehouses, seizes substandard goods

    BIS has conducted extensive raids on Amazon and Flipkart warehouses here, seizing thousands of products lacking proper quality certifications
  • Opinion: Micro-retirement is reshaping work and well-being

    Workforce is being reshaped where personal satisfaction is trumping the classical retirement model of resting only after the age of 60
  • Editorial: The first step in Sebi reform

    Sebi Chairman Tuhin Kanta Pandey’s decision to constitute high-level committee to review provisions relating to conflicts of interest, disclosures and other matters was necessary to restore regulator’s credibility
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