Ravi Tiku’s Perspective: Decoding Today’s Headlines
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Maruti sold 465,911 vehicles in the quarter, up from 430,668 units the same quarter last year. (File) Profit for Maruti, which has over 40% market share in the country’s passenger vehicles segment, came in …
Foxconn plans to quadruple the workforce at its iPhone factory in India over two years. Cupertino, California-based Apple has bet big on India since it began iPhone assembly in the country in 2017 via …
Google: The layoffs appeared to be structural, rather than performance-based For months, Google had refrained from thinning its ranks as tech giants such as Amazon.com Inc., Microsoft Corp. and Meta Platforms Inc. laid off …
Jio’s revenue from operations climbed nearly 19%. (File) Jio, India’s biggest telecom carrier by subscribers, said net profit rose to 46.38 billion rupees ($571.5 million) in three months ended Dec. 31. Market NewsReuters Updated: …
Google said the layoffs are global and impact US staff immediately. Google is making the cuts just as the US company confronts a threat to its long-held perch atop the technology sector. World NewsReuters …
India has a huge potential in terms of talent pool and technology, the minister said. (File) Asked about the government’s own investment plans, Communications Minister Ashwini Vaishnaw said the government itself is putting in …
Microsoft Corp said it would cut 10,000 jobs by the end of third quarter of fiscal 2023 The layoffs will result in a charge of $1.2 billion in the second quarter of fiscal 2023, …
This is the second price hike that the carmaker is undertaking in the ongoing fiscal year. (File) In December last year, Maruti Suzuki India had said it would hike prices of its vehicles to …
India’s strides in digital payments will be strengthened by today’s cabinet decision, PM Modi said Under the scheme, banks will be provided financial incentives for promoting Point of Sale (PoS) and e-commerce transactions using …
This is the first time the trade deficit has crossed the $100 billion mark. (File) The total India-China trade for 2022 has climbed to $135.98 billion, overtaking the 1$25 billion mark a year earlier …