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Business (Page 70)

Jet Airways relaunch hits turbulence: CEO confirms salary cut, leave without pay

2022-11-18
In: Business

Once a celebrated airline, Indian carrier Jet Airways has hit another roadblock ahead of its relaunch, leaving many of its employees with reduced salaries and on leave without pay. The company’s CEO Sanjiv Kapoor confirmed in a series of tweets that the measures will be effective from December 1. TheContinue Reading

WhatsApp new feature announced: Find, message and buy from a business

2022-11-18
In: Business

WhatsApp has rolled out a new feature for its users, which will allow them to ‘Find, Message, and Buy something’ from a business on the instant messaging service. Also Read | WhatsApp launches Polls on iOS and Android: Check steps on how to use “Starting today, people can search forContinue Reading

‘Odisha Pavilion’ unveiled at New Delhi’s India International Trade Fair

2022-11-18
In: Business

Odisha marked its presence at the ongoing India International Trade Fair 2022 in New Delhi. Pradip Kumar Amat, the state minister of panchayati raj and drinking water, forest, environment and climate change, inaugurated the Odisha Pavilion at the event. “A resurgent Odisha is creating ripples in the field of development.Continue Reading

Tata to merge carriers under Air India, Nix Vistara brand: Report

2022-11-18
In: Business

Tata Group is considering a plan to integrate its four airline brands under Air India Ltd., people with knowledge of the matter said, as the sprawling company prepares to rebuild its faltering aviation empire. India’s largest conglomerate is also considering scrapping the Vistara brand, which is Singapore Airlines Ltd.’s localContinue Reading

​Elon Musk’s version of Twitter splutters, but where are the alternatives?

2022-11-18
In: Business

Elon Musk walking into Twitter headquarters on October 27, holding a kitchen sink, has quickly become a defining image. If there was an element of his hand being forced, by having to honour the deal he first mooted, it seemed well hidden behind the wide grin. Things have been capriciousContinue Reading

2023 may not ‘be easy year’ for businesses. Here’s what’s expected| Top 10

2022-11-18
In: Business

Will 2023 be better for business globally? The global economy seems to be recovering slowly amid the Ukraine war, the China slowdown issues and the aftermath of the pandemic left its impact. As per the International Monetary Fund (IMF), the global growth forecast is estimated to be at 2.7 perContinue Reading

Who are Indian-origin Ankit Gupta & Kanav Kariya on Fortune ’40 Under 40′ list?

2022-11-18
In: Business

American business magazine Fortune has released the 2022 edition of its annual ‘40 Under 40’ list. According to the New York City headquartered magazine, the ‘founders, executives, investors, and activists on this year’s list are creating and seizing opportunity, and empowering others.’ As its name suggests, forty individuals, each agedContinue Reading

Meta India gets new head: All you need to know about Sandhya Devanathan

2022-11-17
In: Business

On Thursday, Meta announced it has appointed Sandhya Devanathan as the Vice President of its India unit, a role in which she will head the company’s business in the country. Also Read: Meta appoints Sandhya Devanathan as India head In a statement, Meta said Devanathan’s stint as the Vice PresidentContinue Reading

Sam Bankman-Fried hindering Bankruptcy with disruptive tweeting: FTX lawyers

2022-11-17
In: Business

Embattled cryptocurrency mogul Sam Bankman-Fried is undermining efforts to reorganize his crumbling empire with “incessant and disruptive tweeting” that appears aimed at moving assets away from the control of a US court in favour of one in the Bahamas, US lawyers for the bankrupt crypto platform FTX said in aContinue Reading

Binance to relaunch bid to buy bankrupt Voyager Digital: Report

2022-11-17
In: Business

Reuters | | Posted by Singh Rahul Sunilkumar Crypto exchange Binance’s U.S. unit is relaunching its bid to buy bankrupt lending platform Voyager Digital, Coindesk reported on Thursday, citing a person familiar with the matter. The report comes days after crypto exchange FTX, which was set to acquire Voyager’s assetsContinue Reading

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