India’s multinational fintech company Paytm has fired 1,000 employees just days after announcing the hiring of 50,000 people, media reports said. As per reports, One97 Communications, the Paytm parent company, has fired 1,000 employees at multiple units. The decision to fire will impact about 10 percent of the total employees, a report by ET Now […]
Tag: Business
Indian-American CEO of Wayfair Niraj Shah tells employees to blend work and life
Indian-American CEO of a US-based online furniture company has sent a special message to its employees after the firm yielded profitable results. Wayfair CEO Niraj Shah not only asked his employees to do more work but also blend ‘work with life’. “Winning requires hard work. I believe that most of us, being ambitious individuals, find […]
Microsoft to end Windows 10 support, may hit 240 million computers: Canalys Research
Microsoft Corp plans to end support for Windows 10 operating system may leave about 240 million personal computers (PCs) in landfills. Canalys Research said 57 percent of partners expect the end of Windows 10 support to affect customers’ refresh plans in 2024, with one in three devices expected to be replaced in the next two […]
Indian government issues high-risk warning for several Apple products
The Indian government on Friday (December 15, 2023) issued a high-risk warning for several Apple products, citing multiple vulnerabilities that might pose a threat to users and device security. In a statement, the Indian Computer Emergency Response Team (CERT-In) said: “Multiple vulnerabilities have been reported in Apple products which could allow an attacker to access […]
Ola to introduce India’s first own AI Krutrim
In a world where Chat GPT and other AI chatbots are gaining popularity, India will now have its own artificial intelligence system named Krutrim. OLa co-founder Bhavish Aggarwal, who leads artificial intelligence (AI) venture Krutrim Si Designs, Friday (December 15, 2023) introduced Krutrim, its base large language model (LLM). Krutrim has entered the fiercely competitive […]
Tesla recalls 2 million cars in US following Autopilot defect
Electric vehicle maker Tesla has decided to recall nearly 2 million cars after a US regulator found its Autopilot feature was defective. It follows a two-year investigation into crashes which occurred when the tech was in use, reported BBC. The recall reportedly applies to nearly all cars sold in the USA since Autopilot was launched […]
Air India: Airline unveils Manish Malhotra-designed uniforms for cabin, cockpit crew members
Indian’s private carrier Air India has unveiled a brand-new collection of uniforms for its cabin and cockpit crew members, which has been designed by popular fashion designer Manish Malhotra. The carrier said the new uniforms will be introduced in a phased manner over the next few months, starting with the entry of service of Air […]
Zydus and Daewoong Pharmaceutical to co-develop and commercialise Leuprolide Acetate, announce exclusive licensing agreement
Zydus Worldwide DMCC and South Korea-based Daewoong Pharmaceutical on Monday (December 11, 2023) announced that they have entered an exclusive licensing agreement to co-develop and commercialise Leuprolide Acetate for Depot Suspension in six dosage strengths for the US market. The announcement was made through an exchange filing. As per the agreement, Zydus will assume full […]
Forbes 2023 list: SAIL head Soma Mondal named among World’s Most Powerful Women
Soma Mondal, the first female chair of the state-run Steel Authority of India (SAIL), has taken the 70th position in Forbes’ 2023 list of the World’s Most Powerful Women. Notable Indian women on the list also include Finance Minister Nirmala Sitharaman, HCL Technologies Chairperson Roshni Nadar Malhotra, and Biocon Chairperson Kiran Mazumdar-Shaw. Taking charge at […]
Gujarat Chief Minister lauds Minister Mentor Lee Kuan Yew as a nation-builder, and invites Singapore businesses to Vibrant Gujarat 2024
In a strategic move to drive participation in the 10th edition of Vibrant Gujarat 2024, Chief Minister of the state, Bhupendra Patel, accompanied by a high-level delegation, has embarked on a visit to Japan and Singapore between November 26 and December 2.
