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AXIS BANK LAYOFFS
NIIT Q1 profit dips 44 pc to Rs 4.3 cr; revenue rises 2 pc to Rs 84.1 crSkills and talent development firm NIIT Ltd on Friday posted a 43.6 per cent decline in consolidated net profit to Rs 4.37 crore in the Apr...- Layoffs are usual, don't mean stress: Axis BankThe banking industry faces varied challenges across different sectors, with some businesses thriving, while others are under pressure. The ...
- Paytm gets nod to become third-party UPI app; Govt cracks down on OTT platformsPaytm parent One 97 Communications Ltd has secured approval from the National Payments Corporation of India to become a third party UPI app...
- Paytm shares rebound; Tata builds India’s first spy satelliteTroubled fintech major Paytm has seen a rebound in its stock, which jumped over 10% in the last two trading sessions. This and more in toda...
- Citi India sees $22 billion in equity capital deals in 2023, says CEOForeign portfolio investors have bought a net $11 billion in equity so far this year, according to India's National Securities Depository, ...
- Zoho freezes hiring in engineering roles, selective recruitment for customer-facing roles to continueAmid global macro headwinds, Zoho on Wednesday said it has decided against layoffs but will adopt a prudent approach involving a hiring fre...
- TCS CEO Rajesh Gopinathan unexpectedly resigns, K Krithivasan to take over; e-pharmacies look to make a case to health ministryUnder Gopinathan's tenure the IT services major's share rose over 160%. His resignation will be effective on September 15, 2023.
- India Inc’s Q3 scorecard better than expected; which stocks to buy, hold or sell now?Companies in the automobile, cement, capital goods, fast moving consumer goods, and consumer discretionary sectors got some respite on the ...
- Bitcoin set for best January in nearly a decadeThe rebound from last year's deep rout is part of a wider revival in risk appetite on expectations that central banks will slow interest-ra...
- Sensex gives up initial gains, down over 250 points; steel stocks shineSteel stocks were in special demand after Tata Steel reported its numbers. Banking stocks were trading with cuts, putting pressure on the i...
- Half of Nifty50 stocks trade at discounts to 10-year averages, but analysts not interestedNomura India said consensus Nifty50 earnings estimates for FY21 are down 27 per cent.
- Snapdeal yet to settle Rs 1.2-crore dues: VendorsAn AIOVA spokesperson said some sellers will be meeting the Snapdeal team to air their grievances this week and raise the issue of clearanc...
- Real estate could turn out to be the dark horse: Andrew Holland, CEO, Avendus Cap Alt StrategiesThe market might take a breather at this stage ahead of the budget though there may be stock specific interests, says Holland.
- Are you in danger of getting the pink slip? Find out if your job is safeIndia Inc has become more conscious of the bottom line. Companies are ruthlessly shedding flab in the quest for higher profitability.
- Axis Bank moves to weed out the non-performersAxis, in a letter to all 24 circle heads a few days ago, directed them to identify nonperformers and has set November 15 as the deadline fo...
- Deutsche Bank, Morgan Stanley offering 1-crore-plus salary at IIMs, e-comm firms stay lukewarmBanks are stepping up hiring at IIMs this placement season and have rolled out at least three 1-crore salary offers so far.
- Axis Bank plans VRS to cut flab at topThe bank plans to roll out an early retirement scheme for senior employees aged 40 or more, who have been with the lender for 10 years or l...
- Rupee eases on stock dip, but euro limits fallThe Indian rupee eased after trading in a tight range on Thursday, as local shares fell, but the euro’s recovery triggered fresh dollar sup...
- Banks reduce credit card limitsMost pvt and foreign banks have lowered credit limits on cards as they fear the economic crisis is affecting incomes of cardholders. How to...
- Slowdown affecting incomes? Banks rejig credit card limitICICI Bank, others reduce cash limits to check risks.
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