27 Establishments Add 30,000 Employees, Over Rs 1,688 Crore to EPFO Fund in 2 Years
The Centre announced on Sunday that 27 establishments have surrendered their exemption status in the last two years, adding approximately 30,000 employees and a sum…
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IPOs This Week: Four Issues, One Listing in SME Space to Hit Street
India’s primary markets will witness another active week with four public issues and a company making its debut in the small and medium enterprises (SME)…
Jio Financial Services Shares: JFS Stock in Focus as RBI Okays Conversion to CIC
Jio Financial Services Ltd (JFS), the demerged entity of Reliance Industries Ltd (RIL), has received approval from the Reserve Bank of India (RBI) to convert…
TCS Shares Rise 2.5% Post Q1 Earnings, Dividend Announcement
Tata Consultancy Services (TCS) saw a positive surge in its share price following the release of its Q1FY25 earnings report and the announcement of an…
Intuit Layoffs: Firm Targets Low Performers in 10% Workforce Reduction
Intuit, the global financial software company, announced plans to reduce its workforce by 10%, amounting to approximately 1,800 employees. The layoff strategy aims to target…
Maruti Suzuki in Talks with States to Replicate Uttar Pradesh’s Hybrid Car Incentives
Maruti Suzuki India Ltd. is actively engaging with the central and several state governments to replicate the hybrid car incentives currently implemented in Uttar Pradesh….
Hyundai Motor’s Sales in India Hit Record Ahead of Planned $3 Billion IPO
Hyundai Motor, South Korea’s leading automaker, achieved record sales in India in the first half of this year. According to data from the Federation of…
Samsung Union Steps Up Pressure Over Pay with Three-Day Strike
Samsung Electronics workers are set to begin a significant three-day strike on Monday, marking the largest organized labor action in the company’s history. This strike…
Kladana Enters India to Empower MSMEs with Tech Solutions
Moscow-headquartered Kladana, a cloud-based ERP software solution for micro, small, and medium enterprises (MSMEs), has invested USD 1.5 million to set up operations in Mumbai,…
Elon Musk’s Wealth Drops by $29.9 Billion in 2024
Elon Musk is $29.9 Billion Poorer, Biggest Billionaire Loser So Far in 2024 From December 31, 2023, to June 28, 2024, Elon Musk’s net worth…