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Explore the impact of Microsoft's latest round of layoffs affecting various teams and locations. Learn about the company's restructuring efforts in 2023 and 2024 amid significant tech industry adjustments, impacting approximately 100,000 employees this year.
Business

Microsoft Layoffs: Impact Across Various Verticals

Microsoft just announced another wave of layoffs that would impact multiple teams and locations inside the organization. Although precise numbers are unknown, indications from LinkedIn

Xiaomi unveils its electric car, the SU7, in India with no immediate plans for launch. The showcase in Bengaluru highlights Xiaomi's expansion beyond smartphones, emphasizing its diversified product portfolio. The SU7 boasts competitive pricing and impressive range, signaling Xiaomi's potential impact on the Indian EV market.
Business

Xiaomi To Showcase Its Electric Vehicle In India, Launch Date Uncertain

Xiaomi, the massive Chinese electronics company, is generating news in India with its most recent entry into the electric vehicle (EV) sector. Like its fellow

Meta Description: "Tesla halts its India plans as executives cease contact with Indian authorities. Amid capital issues and postponed visits, Tesla's future in India's burgeoning EV market remains uncertain. Learn more about the latest developments and market dynamics."
Business

Tesla’s India Plans Put On Hold As Communication With Authorities Ceases

Tesla Shelves India Manufacturing Plant Plans Electric vehicle (EV) giant Tesla has seemingly put its plans to establish a manufacturing plant in India on hold.

Elon Musk warns Bill Gates of "obliteration" if he keeps betting against Tesla. The rivalry stems from Gates' short position on Tesla stock. Despite Tesla's recent struggles, Musk remains bullish on its future as a $30 trillion AI leader. Investors should consider both Musk's long-term vision and short-term challenges before making investment decisions.
Business

Tesla vs. Gates: Musk Warns Of Obliteration If Short Bets Continue

A Rivalry Rekindled Elon Musk and Bill Gates’ long-simmering conflict has flared up again as Musk has sent the Microsoft co-founder a stern warning.The public

India's mobile phone tariffs see a hike of 11-25% by Airtel, Jio, and Vodafone Idea. The government maintains a wait-and-see approach, citing competition and focus on service quality. Consumers may feel the pinch, but the impact is expected to be moderate
Business

Indian Telecom Price Hike: Consumers To Feel The Pinch, But Government Says Not Critical

This week, the three main private telecom firms in India—Reliance Jio, Airtel, and Vodafone Idea—implemented pricing hikes ranging from 11% to 25%, waking up mobile

Despite higher interest rates, US job openings remain high at 8.1 million. This surprising data reveals a complex economic picture. While the job market is strong, signs of a slowdown emerge with declining openings and rising layoffs. The Fed navigates a balancing act to curb inflation without triggering a recession.
Business

America’s Job Market: A Balancing Act Between Growth And Inflation

The US labor market keeps surprising people. According to a recent report, despite the Federal Reserve’s efforts to cool the economy through higher interest rates,

Olympic champion PV Sindhu has invested in the D2C wellness brand Hoop, founded by ex-McKinsey consultants Twinkle Uppal and Saharsh Agarwal. Sindhu will also serve as a brand ambassador, promoting Hoop’s pain relief, muscle recovery, and sleep support products. Hoop, backed by notable investors and part of the Sequoia Spark fellowship, aims to revolutionize the wellness market. Learn more about Sindhu's latest venture and Hoop's journey in the booming D2C sector.
Business

PV Sindhu Invests Undisclosed Amount In D2C Wellness Brand Hoop

Olympic champion PV Sindhu has made an additional investment in the Direct-to-Consumer (D2C) wellness company Hoop, a move into the Indian startup sector. Hoop reported

HDFC Bank has announced a scheduled system upgrade on July 13, 2024, which will temporarily impact its Unified Payments Interface (UPI) services. The upgrade is aimed at enhancing the bank's performance, capacity, and reliability. During this period, UPI services will be unavailable at two specific times.
Business

HDFC Bank To Temporarily Halt UPI Services On July 13: Detailed Schedule And Recommendations

HDFC Bank has announced a scheduled system upgrade on July 13, 2024, which will temporarily impact its Unified Payments Interface (UPI) services. The upgrade is

In a recent statement, Hindenburg Research has sharply criticized the Securities and Exchange Board of India (SEBI) for its handling of the allegations made against the Adani Group in Hindenburg's January 2023 report. The US-based short-seller accused SEBI of failing to address the alleged fraud and corporate misconduct outlined in their report on the Indian conglomerate led by billionaire Gautam Adani.
Business

Hindenburg Lashes Out At SEBI Over Adani Report

In a recent statement, Hindenburg Research has sharply criticized the Securities and Exchange Board of India (SEBI) for its handling of the allegations made against

German automaker Volkswagen is looking to shake things up in the Indian market. After over two decades of operation and $2 billion in investment, the company has yet to gain significant traction. In response, VW is in talks to sell a stake in its Indian business to a local partner.
Business

Volkswagen Seeks Local Partner In India, Aims To Revamp Strategy

German automaker Volkswagen is looking to shake things up in the Indian market. After over two decades of operation and $2 billion in investment, the