Last year, Dell slashed 6,650 jobs, when it braced for a potential recession and demand for personal computers dwindled | Photo: Bloomberg Dell Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring and employee reorganizations, it said in a filing on Monday. As of… Continue reading Dell reduces workforce as part of broader cost cuts, limits external hiring | Company News
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Jindal Stainless collaborates with IIT-Kharagpur for metallurgical projects | Company News
IIT Kharagpur Photo: Facebook Jindal Stainless Ltd and IIT Kharagpur will jointly work on metallurgical projects like primary alloy production and materials characterisation. It is an industry-academia collaboration, under which the premier educational institution will offer technical and operational solutions, Jindal Stainless Ltd (JSL) said in a statement on Saturday. The collaboration… Continue reading Jindal Stainless collaborates with IIT-Kharagpur for metallurgical projects | Company News
Mahindra Lifespace to invest Rs 6,000 crore in residential business by FY28 | Company News
Mahindra Lifespaces. Photo: wikipedia.org Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has said it was planning to invest around Rs 6,000 crore in residential business over the next four years. The move is to drive its business growth, which is targeted to increase fivefold… Continue reading Mahindra Lifespace to invest Rs 6,000 crore in residential business by FY28 | Company News
Google Play billing system comes under RBI scanner over alleged violations | Company News
Illustration: Ajay Mohanty The Reserve Bank of India (RBI) has launched an investigation into Google Play’s billing system over alleged violations of the Payments and Settlements Systems Act, said people aware of the development, requesting anonymity. The probe follows a complaint lodged by Kolkata-based Hoichoi Technologies. The complaint pertains to the operation… Continue reading Google Play billing system comes under RBI scanner over alleged violations | Company News
Space World plans to connect data centres in 7 major cities in a year | Company News
The Space World group plans to connect all data centres in seven major cities with an optical fibre network in less than a year, founder and chairman Ankit Goel (right) told Business Standard. Space World subsidiary Constl, a fibre-based digital infrastructure provider, is rolling out the largest network of neutral, point-to-point optical… Continue reading Space World plans to connect data centres in 7 major cities in a year | Company News
Two is company | Book
Premium An Uncommon Love: The Early Life of Sudha and Narayana Murthy An Uncommon Love: The Early Life of Sudha and Narayana Murthy Author: Chitra Banerjee Divakaruni Publisher: Juggernaut Books Pages: 352 Price: Rs 799 Chitra Banerjee Divakaruni’s latest, a non-fiction book titled An Uncommon Love: The Early Life of… Continue reading Two is company | Book
Donald Trump’s social media company to be traded on Nasdaq from March 26 | World News
Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s media business in a Friday vote. The common stock… Continue reading Donald Trump’s social media company to be traded on Nasdaq from March 26 | World News
Royal Enfield maker Eicher Motors sets up Dutch unit for EU expansion plan | Company News
Royal Enfield Classic 350 By Tuhin Kar The maker of Royal Enfield motorcycles has incorporated a unit in the Netherlands with plans for a warehouse in the EU, after Brexit made it more difficult to move parts to mainland Europe. India’s Eicher Motors Ltd. set up the Dutch arm to reduce… Continue reading Royal Enfield maker Eicher Motors sets up Dutch unit for EU expansion plan | Company News
Will end FY24 with growth rate of over 30%: CEO Shriram Life Insurance | Company News
Premium Casparus J H Kromhout, CEO Sriram life Insurance Shriram Life Insurance Company, a joint venture between Shriram Group and South Africa-based Sanlam Ltd., has set a target of increasing its rural penetration by 50 per cent in the next three years. Casparus JH Kromhout, managing director and chief executive officer, talks to Shine… Continue reading Will end FY24 with growth rate of over 30%: CEO Shriram Life Insurance | Company News
Co-working spaces set to expand capacity in 12-24 months as demand rises | Company News
Co-working spaces in India are set to expand capacity in the next 12-24 months due to a surge in demand from startups, global capability centres (GCCs), and IT/ITeS companies, driven by the need for flexibility and cost optimization. According to a recent report by private equity advisory firm Avendus, India’s flexible workspace market… Continue reading Co-working spaces set to expand capacity in 12-24 months as demand rises | Company News