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PAYROLLS EXPANSION
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.- Inside Zepto’s IPO filing — the key takeawaysQuick commerce platform Zepto has filed its updated draft papers for public listing, revealing detailed financials and operational metrics....
- Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
- Market wrap: Sensex falls 117 points, Nifty closes below 23,400 after RBI MPC meeting outcome. What lies ahead?Indian stock markets erased morning gains, with Sensex and Nifty closing lower following the RBI's hawkish stance and a wait-and-watch appr...
- Emerging cities becoming strategic hubs for expansion beyond traditional metros: ReportIndia's global capability centres are expanding beyond major cities. Emerging locations are now key for company growth. This shift is drive...
- OnePlus, Xiaomi among firms trimming marketing and sales roles in India amid cost pressureSmartphone companies are reducing staff in marketing and sales. Rising costs and slower sales are pushing brands to cut expenses and focus ...
- Workday to keep expanding Indian workforce, deepen AI investments, executive saysWorkday plans to continue its rapid hiring in India. The company is increasing investments in artificial intelligence and opening new offic...
- ‘No coders or managers’: 1 lakh tech jobs gone, but one type of engineer is becoming untouchable, and the ₹60.5 lakh crore reason whyTech giants are shedding over 1 lakh jobs in 2026, including significant cuts at LinkedIn, Cisco, and PayPal, despite record AI investments...
- Coforge’s Q4 profit doubles to Rs 612 crore on robust deal winsCoforge's net profit surged over 135% in Q4 FY26, driven by AI efficiencies and strong revenue growth. The IT service provider reported rob...
- India’s real estate will meet the reality of agentic AIIndia’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and emplo...
- Lionel Messi gets $20.4 mn at Inter Miami, more than 21 teams' entire payrolls in MLSLionel Messi remains the MLS's highest-paid player for the third consecutive year, earning over $20.4 million, surpassing the payrolls of 2...
- US job growth misses expectations in July; unemployment rate rises to 4.3%U.S. job growth slowed in July, with nonfarm payrolls increasing by 114,000 jobs, below expectations. The unemployment rate rose to 4.3%. H...
- US Labour market sends mixed signals, giving Fed reason to pauseMarkets reacted to the advance in payrolls, with Treasury yields jumping after the report. Traders upped their bets of the Fed hiking rates...
- S&P 500 ends down as jobs data rekindles rate hike fear"This is all about the Fed. A very strong jobs report like we had puts pressure on the Fed to tighten for longer," said Adam Sarhan, chief ...
- U.S. job growth beats expectations; unemployment rate fall 3.5%Nonfarm payrolls increased by 528,000 jobs last month, the Labor Department said in its closely watched employment report on Friday. Data f...
- Rupee opens 20 paise down as coronavirus scare spreadsWeakness in the rupee was seen after reports showed that the RBI is likely to cut rates.
- Incorrect tax withholding most frequent payroll error: E&YNearly half (41 per cent) are not considering adjusting their payroll administration model, even though 35 per cent plan to expand into new...
- US jobless rate falls to 9% in JanuaryThe US jobless rate unexpectedly fell in January to the lowest level since April 2009 at 9%, while payrolls rose less than forecast, depres...
- Cnergyis plans $3-5-mn expansion, in acquisition talksCnergyis, a leading player in the human resources, payroll and compliance solutions and services space, plans to invest $3-5-million in the...
- US payrolls log fifth straight fall in MayThe US lost jobs for a fifth month in May and manufacturing contracted, signaling the economy is stagnating, economists said before reports...
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