Photo: The Indian Express
Google also added itself in the list of companies, which conducted a mass layoffs, leaving over 10,000 employees jobless. CEO Sundar Pichai, in a letter to employees, announced the tough decision and accepted ‘full responsibility’ for the same. Of all the layoffs, there was a story was of an engineer, Joel Leitc who gave 16 years of his life and was laid off and shared his view on LinkedIn.
The Supreme Court (SC) formed a panel of five-members to investigate regulatory failures in the ongoing Hindenburg V/S Adani Group row. On March 2, the Apex Court formed the committee, which will be headed by former SC Judge Abhay Manohar Pasre.… read-more
TAGS: Supreme Court, adani row, business, Legal, Covid Expert panel
Mukesh Ambani, the CEO of Reliance, announced a huge investment for Andhra Pradesh, to establish a 10 gigawatt power plant. On March 3, Ambani who participated in the Andhra Pradesh Global Investors Summit 2023… read-more
TAGS: AP Government, Power Plant, Mukesh Ambani, Investment, YS Jaganmohan Reddy
Foxconn signs a deal with the Telangana Government and announced a major investment. As per sources, on March 3, the CEO of Foxconn signed an MoU with Information Technology Minister KT Rama Rao. The company will establish a factory unit in… read-more
TAGS: Foxconn, Investment, Jobs, telangana government, IT Minister
Andhra Pradesh CM YS Jagan Mohan Reddy inaugurated the two-day Global Investors' Summit 2023, in Visakhapatnam. On the first day of the summit, YS Jagan welcomed Business Tycoon Mukesh Ambani, to attend the two days summit, highlighting the… read-more
TAGS: Investors Summit, AP CM, YS Jagan Mohan Reddy, Mukesh Ambani, Vizag Event
UBS Group AG cut bonuses for last year by 10% after its dealmakers saw revenue erode by a slump in mergers and capital raisings. On March 6, CEO Ralph Hamers received 12.2 million Swiss francs ($13 million) for his second full year in the job, an… read-more
TAGS: Swiss Investment Bank, 10% Bonus Cut, employees, Bank Jobs, CEO
Honda Cars India launched the much-awaited Honda City 2023 in India at a starting price of Rs 11.49 lakh. Starting from March 2, the new range-topping variant of the brand will go up to Rs 20.39 lakh. The 2023 City brand is being offered in City… read-more
TAGS: Honda 2023, Automobiles, Honda Cars India, Prices
