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BULK OF STAFFERS
Meta transfers top engineers into new AI tooling teamThe reorganisation comes as Meta plans sweeping layoffs that could eliminate tens of thousands of jobs at the company, as it seeks to offs...- Infosys employees to get 80% Q1 bonus in big hike over previous payoutThe details of the range were not available, but it has gone up at least by 20% since the fourth quarter. In some cases, the payout has tou...
- In reverse of longtime stance, US says UN Palestinian refugee agency isn't immune from lawsuitsThe Trump administration reversed its longstanding position, stating that the UN agency for Palestinian refugees, UNRWA, is not immune from...
- 'Mutated viruses' set to spread like 'wildfire' in Texas as vaccinations plunge amid measles outbreakA measles outbreak in Texas is spreading rapidly. The outbreak has prompted parents who previously opted out of vaccinations to have their ...
- 21 federal technology staffers resign rather than help Musk and DOGE slash size of governmentTwenty-one employees resigned from Elon Musk's Department of Government Efficiency, objecting to efforts to dismantle public services. They...
- Merging with Fincare to enter MFI segment, southern markets: AU Small Finance BankAU SFB, in a late evening regulatory filing on Sunday, announced its approval of the amalgamation. Post the deal announcement, Fincare's Rs...
- Companies in Gurugram ask staff to work remotelyCompanies in the Haryana city, which houses thousands of factories, including of Maruti Suzuki and Hero MotoCorp, MNCs such as Nestle, Coke...
- Alibaba cuts a third of deals team staff after regulatory crackdown: reportAlibaba plans to reduce its strategic investment team of more than 110 people, mainly based in mainland China, to about 70, said two of the...
- Mercedes Benz leases 3.5 lakh sq ft in Bengaluru for India R&D CentreThe transaction assumes significance as the automotive industry gets disrupted with autonomous, electric and shared mobility; Mercedes-Benz...
- Unsure of future, telco staff seek opportunity elsewhereThe development comes after Airtel and Voda Idea posted unprecedented losses and stare at huge statutory dues.
- Postpaid, the new battleground for India's top telcosJio is likely to disrupt the postpaid market, currently dominated by the country’s older incumbent carriers.
- Government going lean, to close down 49 of its 90 press unitsUnder Modi 1.0 too, several attempts were made to cut down central government flab, do away with redundant laws and merge autonomous bodies.
- CBI lens on Infosys staff, I-T officials and fake CA for fraudWhile fake CA Nagesh Shastri was filing the returns, the CBI says I-T officials and Infosys staff allowed these returns to circumvent the s...
- Oil Minister unveils mega fuel conservation drive to cut import billStaggered office timings for government employees to decongest traffic once a week are part of a mega fuel conservation drive unveiled by O...
- Nokia Siemens Networks to shut down Kolkata telecom factory on July 31Telecom equipment-maker Nokia Siemens Networks (NSN) will close down its fixed-line manufacturing facility in the city from July 31.
- Vijay Mallya keeps word, pays a month's salary to junior employeesVijay Mallya, chairman of Kingfisher Airlines, kept his word on Wednesday and disbursed a month's salary to his junior employees after an a...
- Nokia Siemens may lay off 2,000 employees in IndiaThe company, a JV between Finland’s Nokia Corporation and Siemens AG of Germany, had last week said that it intends to cut 17,000 jobs glob...
- Six missing IOC staff feared dead in Jaipur fireThe toll in the fire at Indian Oil Corp's fuel depot outside the Pink City may rise to nine as six missing employees are now feared dead, e...
- Reliance Communications in talks with Alcatel-Lucent for a $500 mn outsourcing dealIndia’s second largest mobile operator, Reliance Communications is in advanced with Franco American Alcatel-Lucent for a $500 million outso...
- Lehman seen close to buying 51% in Brics SecLehman Brothers, one of the biggest global financial services providers, is in advanced stages of picking up a 51% controlling stake in loc...
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