RS Sodhi Resigns As Amul Head
RS Sodhi was on the extension for the last two years. (File) RS Sodhi joined the Amul brand as a sales officer more than 40 years back and became its Managing Director in June …
Finance News
Meta Hires Vikas Purohit As Head Of Global Business Group In India
Vikas Purohit will report to Arun Srinivas, Director and Head of Ads Business for Meta in India, Meta said in a statement. Industries Press Trust of India Updated: January 09, 2023 1:39 pm IST …
India’s Esports Industry Gets A Boost After Government Recognition
India is one of the fastest-growing esports markets in the world. (File) The industry had been campaiging that esports is a competitive sport where athletes use their mental and physical abilities. Industries Reported by Aprameya …
Rupee Jumps 37 Paise To Close At 82.45 Against US Dollar
On Wednesday, the rupee recovered from its all-time low level and settled at 82.82 against the dollar. Forex traders said factors like strong Asian peers and crude oil prices trading below USD 80 per …
Capital Infusion In Vodafone Idea By Centre Under Discussion: Telecom Minister Ashwini Vaishnaw
VIL has offered a stake to the government at a par value of ₹ 10 per share. (File) Vodafone Idea (VIL), reeling under debt burden of over ₹ 2 lakh crore, has opted for converting about ₹ 16,000 crore of …
“Uncertain Economy”: Amazon To Lay Off Over 18,000 Employees
The company had announced 10,000 layoffs in November. Amazon CEO Andy Jassey said the company’s leadership was “deeply aware that these role eliminations are difficult for people, and we don’t take these decisions lightly. …
A Day After Gunjan Patidar Resigns, Zomato Shares Fall Over 2%
Zomatos stock went lower by 2.24 per cent to settle at ₹ 58.90 apiece on the BSE. (File) Gunjan Patidar was one of the first few employees of Zomato and built the core tech systems for …
Recession Will Hit A Third Of The World In 2023, Warns IMF Chief Kristalina Georgieva
In October last year, the IMF trimmed its growth forecast for 2023. (File) The statement comes at a time when the ongoing conflict in Ukraine shows no signs of abating after more than 10 …
Twitter Sued For Failing To Pay Rent Of San Francisco Office
Twitter was also sued earlier this month for refusing to pay for two charter flights Twitter hasn’t paid rent on its headquarters, or any of its other global offices, in weeks, the New York …
Will Complete Acquisition Of Ford India’s Plant In January: Tata Motors
Tata will acquire Ford India’s manufacturing plant at Sanand.(File) In August this year, Tata Motors had announced that its arm Tata Passenger Electric Mobility Ltd (TPEML) would acquire Ford India Pvt Ltd’s (FIPL) Sanand …