
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…

Rajesh Nambiar, Cognizant’s Executive Officer, Loses Position
Cognizant has notified its shareholders that Rajesh Nambiar is ceased to serve as the ‘Executive Officer’ of the Digital Business & Technology vertical of the company, effective from July 6, 2022. According to the reports, his compensation will be adjusted in accordance with the salaries of the non-executive officers of the company. Nambiar, however, will…

Byju’s Conducted Fresh Round Funding Worth $22 BillionÂ
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,…

PN Vasudevan Resigns As MD And CEO Of Equitas Bank
Equitas Small Finance Bank’s managing director and chief executive officer, PV Vasudevan, informed the board about his resignation on Thursday.  Vasudevan is the founder of the Equitas Small Finance Bank. The board, in its meeting on 19th May, has taken the letter on record and wishes to take his deep contribution over the years on…

Campbell Wilson Appoints As CEO & MD Of Air India
Tata Sons announced the appointment of Campbell Wilson as CEO and MD of Air India. The Mumbai-based conglomerate completed its acquisition of the state-owned national carrier in January. Since then, the position has been vacant, and the company has been searching for a person to lead the airlines. The decision comes after the appointment of…

Doodles NFT Appoints Julian Holguin as New Partner And CEO
Doodles, a leading web3 NFT, media & entertainment brand, announces the appointment of a new partner and CEO. The company named Julian Holguin for this designation, and he will be responsible for talking Doodles imagination vision to scale growth and expansions in the mainstream consumer market across music, culture and entertainment. For this role, Holguin…

Aditya Birla Capital Appoints Vishakha Mulye as New CEO
Vishakha Mulye, an ICICI bank veteran, is appointed as the chief executive officer of Aditya Birla Capital, the non-bank lender said on Saturday. Mulye replaced Ajay Srinivasan, who was taking up the other responsibilities within the group, as per the exchanger filing. Mulye will take over her role on June 1, as per the announcement…

26% Growth In Total Wealth Of Indian Billionaires In FY22
The fiscal year 2021-2022 has showcased nearly 26 per cent growth in the combined income of India’s multibillionaires, which adds up to 750 billion dollars. Toping up the list, there is reliance industries chairman, Mr Mukesh Ambani. His net worth is around $99.6 billion. However, speculations are that the launch of TATA Neu on April…