Category: Industry
Funding
Flipkart to make performance-based job cuts as part of restructuring plan, 5-7% of workforce will be affected
E-commerce firm Flipkart is implementing performance-based job cuts, which will reduce the team size by 5-7%, The Times of India reported. The cuts will...
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SEBI regulations should emphasize presence of independent directors on board one year before IPO filing: Mohandas Pai
2023 saw a series of incidents where founders clashed on the board of directors, putting corporate governance standards in the spotlight. Byju Raveendran of ...
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Automobile retail sales increase 11% in 2023, FADA optimistic about growth in 2024
The auto dealer body said it maintains a "cautiously optimistic outlook" for two-wheelers, passenger vehicles and utility vehicles. Automobile sales in India for December 2023...
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AMFI reshuffle elevates Jio Financial to large-cap status, Tata Tech to mid-cap category
The large-cap threshold has been increased to Rs 67,000 crore from Rs 49,700 crore in June 2023 and the mid-cap threshold increased to Rs...
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Customer forced Narayana Murthy to sleep on a box in the warehouse during his visit to America: books
Donn Liles, head of the New York-based Data Basics Corporation, was a hot-tempered and sometimes particularly irritating customer of Narayana Murthy. New Delhi: When Narayana Murthy...
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In the US, a mysterious person won a lottery worth over Rs 7,000 crore on New Year’s Day
This is the 10th largest jackpot won in US lottery history and the second largest lottery jackpot ever won in Michigan. In the United States,...
