[ad_1] New Delhi: E-commerce major Flipkart is reportedly planning to reduce its workforce by 5-7 per cent in early 2024 that may affect nearly 1,500 employees. The Walmart-owned company currently has around 22,000 employees. According to sources, Flipkart has initiated the exercise via performance reviews and the job cuts are likely to be implemented…
[ad_1] Mumbai: Equity benchmarks Sensex and Nifty surrendered early gains to close with deep losses on Monday, snapping their two-day winning streak as investors pared exposure to banking, metal and FMCG stocks amid a weak trend in global markets. The 30-share BSE Sensex tanked 670.93 points or 0.93 per cent to settle at 71,355.22….
[ad_1] New Delhi: Frontdesk, a proptech startup overseeing more than 1,000 furnished apartments across the United States, terminated its entire staff of 200 on Tuesday due to unsuccessful attempts of securing additional capital, as reported by sources to TechCrunch. On Tuesday afternoon, Frontdesk CEO Jesse DePinto reportedly fired all employees in a brief two-minute…
[ad_1] New Delhi: Zomato’s recent declaration of liquidating subsidiaries like Zomato Vietnam Company Ltd and Poland’s Gastronauci signifies its departure from ten global markets within a year. Zomato in a communication to stock exchanges this week informed that it has initiated the dissolution process for its step-down subsidiaries in Vietnam and Poland as a…
[ad_1] New Delhi: Ayodhya gained significant attention following the Supreme Court’s decision favoring the construction of the Ram Temple. The temple is set to be inaugurated on January 24, drawing devotees from various places. The entire city of Ayodhya has experienced positive impacts due to the temple construction, leading to a fourfold increase in…
[ad_1] New Delhi: In the Flipkart Big Bachat Dhamaal Sale the Apple iPhone 14 is currently on a huge sale, marking the first Flipkart sale of 2024 for this former Apple flagship. Following the release of the Apple iPhone 15 series the price of the iPhone 14 saw a significant reduction, garnering a remarkable response…
[ad_1] New Delhi: State-owned India Infrastructure Finance Company Ltd (IIFCL) plans to go public in the next financial year, company’s Managing Director P R Jaishankar said on Friday. “We are examining the listing…Hopefully it should be done next financial year. IIFCL has come to a stage where we unlock the value for the benefit…
[ad_1] Renowned personal finance author and entrepreneur Robert Kiyosaki revealed his debt surpassing $1 billion, asserting that it is not a concern for him. In an Instagram Reel, he states “If I go bust, the bank goes bust. Not my problem,”. Kiyosaki acknowledges that if he went bust, the bank would be in jeopardy. …
[ad_1] New Delhi: Investors looking to add gold to their portfolios have an opportunity with the upcoming subscription of the Sovereign Gold Bond (SGB) Series 2023-24 Series IV, set to open on February 12, 2024. The Reserve Bank of India (RBI), acting on behalf of the central government, has announced the subscription window from February 12…
[ad_1] New Delhi: In a positive development for central government employees, there are expectations of a 4 percent increase in dearness allowance (DA) for the period commencing January 1, 2024. Reports suggest that the official announcement regarding this hike may be made in March 2024. The increase comes in light of the AICPI index reaching…
