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SpiceJet announces layoffs: 1,400 employees affected, expected savings of $12 million annually

In recent months, SpiceJet has undertaken various initiatives to navigate through challenging times. The airline received fund infusions aimed at facilitating the revival of its grounded planes and enhancing operational efficiency....
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Paytm Payments Bank Director Manju Agarwal resigns, causing even another shock

Another shock for Paytm as Director Manju Agarwal resigns amid clampdown...
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Gurugram customer sues Zomato for delivering 'fresh food' from Lucknow in just 30 mins

Zomato's 'Legends' service has been a unique selling proposition for the company, attracting customers with the promise of delivering food from iconic restaurants nationwide....
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Karnataka government clears investment projects worth ₹6,407.82 crore

The committee, led by Minister of Infrastructure Development and Large and Medium Industries M. B. Patil, approved the suggestions on Friday....
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Crisis-hit Paytm set to operate as third-party app for UPI: Reports

Paytm plans to work with three or more banks to begin offering new VPAs to its users as early as next month....
EPFO

EPFO hikes interest rate for 2023-24, will benefit over 65 million subscribers

The Central Board of EPF recommended the distribution of more than Rs 1,07,000 crore to EPF members as interest for FY 2023-24....
Embraer and Mahindra join hands

Eyeing IAF Order for transport planes, Embraer and Mahindra join hands

Embraer and Mahindra will collaborate with the IAF to identify the next steps of the MTA programme and engage with the local aerospace industry in Ind...
Zomato

Zomato reports ₹138 crore Q3 profit amid strong Cricket World Cup, festive demand

Despite facing higher total expenses amounting to ₹3,383 crore, compared to ₹2,485 crore in the same period last year, Zomato managed to maintain ...
shark tank

Shark Tank India 3 in legal soup?

Kashmiri Cricket Bat Association has sued the show and Tramboo Brothers for false claims, seeking Rs 100 crore compensation...
Disney and Epic Games

Disney to invest $1.5 Billion in Fortnite Maker Epic Games to create a New Universe

Disney's investment in Epic Games signals a significant departure from its traditional role as a licensor, marking its largest foray into the gaming i...
Shaktikanta Das

RBI on clampdown against Paytm: ‘Persistent Non-Compliance’

The clampdown on Paytm by the RBI is expected to have significant repercussions, both for the company itself and its user base. This action raises que...
investment

India seeks $100 billion investment deal with Switzerland, Norway

The proposed investments by EFTA nations are anticipated to create more than 1 million new jobs across India....
Gautam Adani

Adani back in $100 billion club, year after Hindenburg attack

With a net worth valued at $101 billion, Gautam Adani presently ranks as the 12th wealthiest person globally per the Bloomberg Billionaires Index....
apex

Alpex Solar launches ₹75 crore IPO at ₹109-115 per share

Solar systems manufacturer Alpex Solar announced on Monday that its initial public offering (IPO) will open on Thursday, 8 February. The company has f...

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