Dell reduces workforce as part of broader cost cuts, limits external hiring | Company News

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

The cost of Proposition 1: Newsom’s plan to transform California’s mental health system

If approved by voters on Tuesday, Gov. Gavin Newsom’s ballot measure to overhaul the state’s mental health services system and sell bonds to finance more than 10,000 treatment beds across California could cost the state up to $14 billion. Opponents of Proposition 1 argue the price is too high. “What California needs to do is… Continue reading The cost of Proposition 1: Newsom’s plan to transform California’s mental health system

A veg thali cost 34% more in July than June, thanks to tomatoes: CRISIL

The price of a vegetarian thali in India rose by 34 per cent in July as compared to June, CRISIL’s monthly indicator of food place cost released on Monday showed. 25 per cent of this can be attributed to the inflation in tomatoes. From Rs 33 per kilogram in June, its price rose 233… Continue reading A veg thali cost 34% more in July than June, thanks to tomatoes: CRISIL

Gold plating of airports must be avoided, cost to be in common man’s reach

The government should ensure that development of infrastructure at airports is cost-effective and the cost of travel remains within the reach of the common man, a Parliamentary Panel has recommended while voting against the concept of “gold plating” of airports. The panel headed by Rajya Sabha MP Sujeet Kumar has said that the… Continue reading Gold plating of airports must be avoided, cost to be in common man’s reach

Warner Bros Discovery reports smaller quarterly loss on cost cuts

Warner Bros Discovery posted a smaller loss for the second quarter on Thursday as the media conglomerate benefited from cost cuts, sending its shares nearly 4 per cent higher in premarket trading. Media companies have been looking to strike the right balance between spending on content and boosting profitability. Under Chief Executive… Continue reading Warner Bros Discovery reports smaller quarterly loss on cost cuts

Work on to reduce bond issuance cost, says Sebi’s Ashwani Bhatia

In an effort to deepen the corporate bond market, the Securities and Exchange Board of India (Sebi) is planning cost reduction and standardisation measures, said whole-time member Ashwani Bhatia while addressing industry body Associated Chambers of Commerce and Industry of India’s 6th National Summit & Awards on Corporate Bond Market. Among the cost-reduction… Continue reading Work on to reduce bond issuance cost, says Sebi’s Ashwani Bhatia

Harley Davidson X440 to cost Rs 10,500 more; now starting at Rs 2,39,500

The company said that the production capacity has been ramped up in response to the demand trends Hero MotoCorp has announced a price hike of Rs 10,500 for all three variants of its recently launched Harley-Davidson X440 motorcycle. The new prices will become effective after August 3, the company said in a BSE filing.… Continue reading Harley Davidson X440 to cost Rs 10,500 more; now starting at Rs 2,39,500

Why residential properties in Mumbai cost more than in Dubai

Property registrations in Mumbai fell 12% to 9,923 units in June: Anarock Bigger the better: Average flat sizes in Delhi NCR rise 50% Residential real estate sales to grow by 8-10% in FY22-23: CRISIL study Institutional inflows in residential sector up 385% in H1 of 2023: Colliers Sale of residential property in Mumbai touches a… Continue reading Why residential properties in Mumbai cost more than in Dubai

Bill payment reminders, OTPs, promotional content to cost more for firms

Each enterprise message will now cost 13 paise for domestic clients, up 4 paise from the old rate (File) Companies will now have to pay nearly 45 per cent more per SMS text message from August 1 after telecom firms raised the prices of enterprise messages, according to a report by The Economic Times… Continue reading Bill payment reminders, OTPs, promotional content to cost more for firms

As many as 393 infra projects show cost overruns of Rs 4.64 trn in June

As many as 393 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.64 trillion in June 2023, an official report said. According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects worth Rs 150 crore and… Continue reading As many as 393 infra projects show cost overruns of Rs 4.64 trn in June