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PUNE FIRM SHUTDOWN
ThynkTech Pune India closure: Noida IT Firm shutdown leaves 500+ jobless after Rs 15,000 deposit over issuing laptops, 2 months' salary unpaidA Noida IT firm, ThynkTech India OPC Pvt Ltd, has suddenly closed its Pune office, leaving over 500 engineers, interns and employees are no...
Ratnagiri plant has machinery of 'tainted' Italian firm, emitting hazardous chemicals: Rohit PawarState industries minister Uday Samant, however, said the chemicals in question are not being produced at the plant set up by Lakshmi Organi...
India remains trigger-happy on internet shutdownsBy the end of the year, India was responsible for at least 106 such incidents, making it the worst offender on internet shutdowns for the f...
Several standalone hotels in India yet to reopen, others shutting down again after a brief reopeningOverseas travel will take a while to pick up and non-resident Indians and foreign nationals are among its primary clients. It also doesn’t ...
Hit by Covid, IT firm Sonata looks for new business opportunitiesThe company had reported a 26% drop in profits for the quarter ended June 30 on account of the impact of the global shutdowns. This was bet...
US tech firms support lawsuit challenging H-1B visa suspension; fear jobs will move offshoreThe lawsuit was filed in July by the National Association of Manufacturers that represents 14,000 firms, US Chamber of Commerce and the Nat...
Cloud services driving growth for Zensar as clients invest in digital transformation projectsCompanies are investing in virtual systems of engagement and focusing cost take-outs in sectors like retail, which have been badly hit by t...
USCIS furlough to further impact US immigration processThe decision is expected to severely slow processing times of visas and green cards. According to media reports, the employees were informe...
- Birlasoft Q4 results: Reports muted Covid-19 impact
The company reported revenue of $125.6 million for the quarter to March.
Mphasis expects to beat industry growth in FY21Mphasis saw businesses forced to go digital in its main markets in the US and Europe.
Auto sector may get Rs 1-lakh crore jolt on 45-day shutdownZero production also means GST collections will take a hit of more than ₹28,000 crore.
Apartment sales dive 42% to 45,000 units in Q1Sale of residential apartments dropped 42% to 45,200 units in the first quarter compared to the same period a year earlier, data from prope...
USCIS may permit H-1B visa holders to work remotely in USHowever, indications are that the US Citizenship and Immigration Services (USCIS) may soon decide to allow H1-B visa holders to do so, desp...
Covid-19 impact: Manufacturing grinds to a halt in key sectorsAutomakers, smartphone makers, consumer electronic firms, appliance majors and many others have ordered shutdowns till month-end. While som...
Consolidation, not expansion is the key for SwiggyThe foodtech startup raised $2 million early this year and there have been talks of another bigger $12 million round of fresh funding from ...
Why failed entrepreneurs can't legally close startups in India and start afreshEntrepreneurs keen to down shutters on failed businesses and start afresh are finding that Indian laws do not make it easy to move on. Inst...
Essar Oil plans expansion in Tier II Indian citiesEssar Oil is keen to diversify its retail presence by launching petrol pumps in cities where land cost is not exorbitant, MD &CEO LK Gupta ...
- NDA, Left strike intensifies; top BJP leaders arrested
Arun Jaitley, Abbas Naqvi were among top BJP leaders to be arrested.
NDA, Left nationwide bandh hits normal lifeLife in many parts of the country was disrupted on Monday with non-Congress political parties enforcing a nationwide bandh against the incr...
- It’s security first for India Inc
Corporate majors have called for strong security measures and tougher laws to protect the financial capital from terrorist attacks