Global Business Jets Market To Reach $ 41.8 Billion By 2030
The global business jets market size is expected to grow by $11.7 billion by 2030, which was $30.1 billion in 2022, at a CAGR (compound annual growth rate) of 4.2% during the forecast period. The rising market for business jets is driven by various factors, such as increasing demand for improved passenger experience and the…
Microsoft Eliminates 1800 Employees As A Part Of Structural Adjustments
Microsoft has cut off 1800 employees across different groups as a part of its structural adjustments. The company states that it cuts some jobs to realign business groups and roles after the close of its fiscal year on June 30. It also added that Microsoft would continue to hire new employees and conclude the current…
Enterprise Fleet Management: Tips On Managing Business Fleet
Enterprise Fleet Management: what do you understand from this term? You are close enough if you are thinking about managing your business vehicle fleet. Businesses have a vast number of vehicles that need to be managed day-by-day, which could be a little tough. Luckily, you can do many things to make your life easier while…
Leader vs Boss: Differences Will Make Or Break Your Company
Boss and Leader are often used interchangeably, but they are not the same thing. In the simplest words ━ a boss is one who manages their employees while a leader motivates them to reach their goals. For a detailed understanding, read leader vs boss. What is a boss and leader? The difference between a boss…
Byju’s Conducted Fresh Round Funding Worth $22 Billion
Edtech company Byju’s acquired Aakash Educational Services in a cash and stock deal in April last year for $1 Billion, for which it has delayed payments. Byju’s was supposed to close the transaction in June but has extended the payment timeline to August, sources said, but it was delayed due to some internal reason. Now,…
Mukesh Ambani Resigns From Board Of Reliance Jio
Reliance Jio Infocomm on Tuesday said that Mukesh Ambani has stepped down from the chairmanship of the Board and approved the appointment of his elder son Akash Ambani as the new chairman of the company. The resignation of Mukesh Ambani, one of the richest people in India, is effective from the close of the working…
ONGC Gets Director On HPCL Board After 5 Months
After five months, Oil & Natural Gas Corporation (ONGC) has finally appointed a director on HPCL (Hindustan Petroleum Corporation Ltd.) The Ministry of Petroleum and Natural Gas on June 22, conveyed its consent for Pankaj Kumar as director, according to the regulatory filings by HPCL. For the five months, ONGC had no representatives on the…
Government To Begin Development Of Enterprises And Services Hubs
India is planning to expand its limited Special Economic Zones (SEZs), which are presently focused on exports, into all-encompassing economic hubs with the motive to draw in more foreign investment. According to a draft released for consultation and industrial units situated in these hubs, which would be known as Development of Enterprises and Services Hubs…
Federal Reserve Imposed Highest Interest Rate Hike Since 1994
On Wednesday, the Federal Reserve increased the interest rates considering the rising inflation in the United States. It is the highest rate hike by the Fed since 1994. After a Federal officials meeting of two days, the central bank raised interest rates by 75 basis points. This move will help boost the Federal Funds rate…
Telcos And Tech Firms Are Clashing On 5G Private Networks
The clash between India’s leading telecoms and the forum of tech companies (Broadband India Forum) has stepped up on the issue of direct 5G spectrum allocation to corporations. Tech corporations have discarded a significant claim of telecom companies that the start of private 5G networks would swindle the precious enterprise service revenues and destroy the…
