US Chips Act Threatens To Dismantle Asian Chip Industry
In this day and age, technology is at the forefront of things. In order to keep manufacturing new tech, we need more semiconductor chips which are made by Asian countries. Now, the US has passed a bill to promote semiconductor manufacturing in America. Today, 70% of semiconductors manufactured globally are from Asia. The US plans…
Chandan Kumar
Citigroup Cuts 300 Manager Roles To Reorganise The Firm
The third-largest American bank and one of the biggest banking firms in the world, Citigroup has announced that they will be cutting off 300 manager roles in an attempt to reorganise the firm. Around 10% of the workforce from total managerial roles within the firm will lose their position. A statement published by the bank…
abhinav singh
Larsen & Toubro Slapped With A ₹238.9 Crore Penalty
Indian conglomerate and one of India’s biggest companies, Larsen & Toubro has been fined ₹238.9 crore by the Qatar government. The government has said that the company’s declared income turned out to be more than what they had reported. The government did an assessment and came to this conclusion. The company has received this penalty…
Vipin
Google And Malaysia Join Hands For Digital Transformation
The landscape of technology in the world is changing every day, and Asia has emerged as one of the most important players. For this reason, many tech giants are investing in South Asian countries to develop infrastructure and boost the country’s economy. Adding on to this trend, Google and its parent company, Alphabet has announced…
The Effect of Conflict Resolution Training On Employee Relationships
Conflict resolution training can have a significant positive impact on employee relationships within an organization. By providing employees with the necessary skills and tools to address and resolve conflicts effectively, training programs contribute to improved communication, enhanced collaboration, and a healthier work environment. You can find more information here. Let’s explore some effects of conflict…
Apple Agrees To Pay $25 Million In Settlements
The world’s biggest tech company, Apple Inc. will pay $25 million to the US Justice Department after the agency accused Apple of hiring immigrant workers over US citizens and green card holders for certain jobs. In a statement, the US Justice Department said that Apple did not hire US Citizens and permanent residents for certain…
Yash Sharma
Crude Oil Slips Continuously Amid Raging West Asian War
It has been almost 2 weeks since Israeli forces entered the Gaza Strip. With the war raging between Israel and Hamas, many experts expected oil prices to surge, but contrary to popular belief, the oil prices are slipping continuously. On Wednesday, oil prices fell almost 4% to a 3-month low with Brent crude oil selling…
Tata Might Sell Their Home Appliance Company Voltas
One of the biggest home appliance companies in India, Voltas is in dire straits as its parent company, Tata Group is planning on selling the company citing extreme difficulty in upscaling the business because of steep competition within the market. Voltas is one of the oldest companies in Tata Group’s portfolio. It was founded in…
Shipra Prajapati
Adani’s Mundra Port Ships 16.1 MNT Cargo, Sets Record
India’s biggest port, Adani’s Mundra Port, has created history by shipping more than 16 MNT cargo in the month of October. Mundra Port is India’s biggest port and it’s a flagship port of Adani Ports and Special Economic Zone Ltd.(APSEZ). In a statement, APSEZ said that the Mundra port has shipped more than 100 MNT…
John David
Adani Group To Sell Adani Wilmar’s 43.97% StakeÂ
Adani group has made a big announcement, where it said that it will be selling its entire stakes in the food and beverage company Adani Wilmar. Adani Group has a 43.96% stake in the company, which is said to be finalised by next month. According to a report by the Economic Times, the conglomerate aims…