Byju’s To Fire 2000+ Employees For Increasing Profits
Popular Edtech firm Byju’s will be freeing off 2500 employees. We recently heard about the case of moonlighting in Wipro. Along with that, TCS(Tata Consultancy Services) also came up with the sacking of employees. After successfully running for almost a decade, India’s most popular Edtech decided to rebuild itself. Aiming for global recognition and exceptional…
Aman Goyal
World Bank Cuts India’s GDP Forecast to 6.5%
The World Bank reduced India’s growth prediction for 2022-23 (April-March) by 100 basis points, forecasting that the Indian economy will grow at 6.5 per cent, down from 7.5 per cent in June. India’s GDP registered a growth of 8.7 per cent in 2021-22. The Bank marked in its latest South Asia Economic Focus, issued ahead…
9 To 5 Job vs Business: Difference, Pros, Cons, & Challenges
“Success usually comes to those who are too busy to be looking for it” Henry David Thoreau “Success” is what everyone wants to procure in their life by whatever means, be it a job or business. And you’re not an exception. Have you ever wondered whether you should aim for a 6-digit paying job…
Suzlon Energy Ltd Founder Mr. Tulsi Tanti Passed Away
One of the first movers in renewable energy in India, Tulsa Tanti, passed away at 64. “With profound sadness, we inform you of the untimely demise of Shri Tulsi R.Tanti, the Founder, the Chairman & Managing Director, and one of the promoters of Suzlon Energy Limited (the “Company”) on October 1 2022. Shri Tanti suffered…
Reliance Launched First In-house Fashion Store, Azorte
Mukesh Ambani continues to hold his position in the luxury market of fashion and lifestyle as Reliance Industries Ltd launched its first in-house premium fashion brand, Azorte, on Thursday in Bangalore. This new fashion brand is named Azorte and is expected to grow as a chain of stores all around the country. Billionaire’s daughter Isha…
Tata, Singapore Airlines Plan To Merge Vistara, Air India
Tata group and Singapore Airlines Ltd. are planning to merge their airline companies, Air India and Vistara, to build a new joint venture. Two sources aware of this development have said on the condition of anonymity that both entities have a combined goal to optimise their resources and compete with industry leader IndiGo. According to…
Mahindra Acquires Rivigo’s B2B Express Unit For Rs 225 Crore
Mahindra Logistics has acquired logistics startup, Rivigo’s B2B express cargo service unit for INR 225 crore in a slump sale. As per a regulatory filing to the BSE, this deal is expected to be finalised before November 1. Under the terms of the deal, Mahindra Logistics will acquire the express business, including the clients, team,…
Nykaa Founder Falguni Nayar Became India’s Richest Woman
Nykaa’s founder Falguni Nayar overtook Kiran Mazumdar-Shaw and has become India’s richest woman, as per the IIFL Wealth Hurun India rich list 2022, which was unveiled on Wednesday. With a net worth of ₹38,700 crores, she secures 33rd position in the top 100 billionaire list. She is the most successful woman entrepreneur in India and…
Why Should Investors Expect Recession in 2023?
Investors should expect a recession in 2023 ━ Jason Trennert, CEO of Strategas Securities, a capital market company, said in an interview. He says there are very few instances in which the inflation rate got something like 8 per cent or 9 per cent where the FED (Federal Reserve System) was able to bring it…
RBI Approved Appointment Of Pralay Mondal As CEO Of CSB
CSB Bank Limited received the approval for the appointment of Pralay Mondal as the Managing Director and Chief Executive Officer from the Reserve Bank Of India (RBI) on September 15, 2022. The appointment was announced in the meeting held on the same day with the Boards of Directors. Pralay Mondal’s appointment as MD and CEO…
