NOKIA Logo Changes For The First Time In 60 Years
The iconic logo that has been associated with the telecom brand Nokia has changed for the first time in a span of 60 years. This advancement marks the beginning of a new era of changes, transitions, and developments. The new logo by the company was unveiled on Sunday, making a big buzz regarding this landmark…
Amazon, Flipkart Get Notice For Selling Unlicensed Drugs
Including Amazon and Flipkart, the Drug Controller General Of India (DCGI) has issued a notice to 20 online sellers for selling drugs without a license. The notice stated the DCGI had forwarded the order to all state and Union Territories in May, then in November 2019, and again on February 3 for necessary actions and…
Microsoft & Amazon To Cut-Off Combined 25,000 Jobs
On Wednesday, Microsoft (a tech giant) announced the layoffs of its 10,000 employees which covers 5% of its workforce. This decision of Microsoft comes after the fresh round of Amazon’s layoffs which includes 18,000 job cuts. After the pandemic, the tech industry went through difficult times that resulted in massive layoffs in companies like Meta,…
Amazon To Call-off Food Delivery Business In India Soon
Amazon is to shut down its food delivery services in India from December 29, the eCommerce giant announced on Friday. The company announced this after the winding down of its online learning platform for high-school students in the country. “As part of our annual operating planning review process, we have made the decision to discontinue…
Samara Capital To Invest ₹ 7k Cr In FRL, Amazon Confirms
Amazon has written to Future Retail for financial concerns. The proposal includes Amazon-backed private equity firm Samara Capital and FRL, in which Samara Capital retains its interest in investing Rs. 7k Crore for buying all retail assets, according to the sources. Amazon has reached independent directors of FRL, including Gagan Singh, Ravindra Dhariwal, and Jacob…