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Madhav Sheth Departs Realme India After Five-Year Stint, Founder Sky Li to Oversee India Operations: Details
Madhav Sheth announced his exit from Realme India on Wednesday. The departure of the company's VP for Business and Corporate Strategy (Global) comes five years after he joined the firm in 2018. Sheth has revealed that the company's operations in the region will now be overseen by Founder and CEO Sky Li.
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Apple Said to Make 'Small Number' of Job Cuts in Some Corporate Retail Teams: Details
Apple is said to be cutting a small number of jobs within the company's corporate teams, as part of the first job cuts at the Cupertino firm since it began cost cutting measures last year. The firm is cutting jobs of workers responsible for the construction and upkeep of Apple retail stores and other facilities around the world.
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Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
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IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts
Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
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Retaining Staff Boosts Revenue, Remote Working Major Pull For Employees: Study
At a time when layoffs by global tech firms are grabbing headlines every other day, a new report suggests that retaining employees will help companies grow their revenue and profits.
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Twitter to Expand Types of Political Ads Permitted on Platform After 2019 Global Ban
Twitter on Tuesday announced the company would expand the kinds of political ads that were allowed on the microblogging platform, months after it was taken over by billionaire Elon Musk. The move appears to be a reversal of the service's 2019 global ban on political ads as the firm and rivals like Facebook faced widespread criticism for allowing e...
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India's Tech Companies, Routed, Use Surprise Tactics To Arrest Slide
While within the rules, several market experts say the actions point to the fixation that newly listed firms have with their stock prices. After all, Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare.
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Paytm's Outlay For Share Buyback Won't Hamper Growth Plans, Firm Has Excess Cash: Report
Morgan Stanley said the buyback won't hamper any growth plans as it believes the company will generate excess cash after taking into account the investments required for growing the business.
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LIC Becomes Top-Ranked Indian Firm On Fortune Global 500 List
Recently-listed Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list, while Reliance Industries has jumped 51 places.
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Celsius Onboards New Legal Team to Assist on Its Restructuring, Days After Firing 25 Percent Staff
Celsius Network, the US-based crypto lender is currently struggling to cope with the ongoing slump in the global crypto arena. The company has hired a new legal team from the Kirkland & Ellis LLP law firm to help it come out of its corporate malfunctioning. The newly appointed team of lawyers will advise the Celsius team on various options, which m...
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Stone Processing Firm Global Surfaces Files Papers For Public Offer
Global Surfaces Ltd, which is engaged in the business of processing natural stones has filed papers with SEBI to mop up funds through an IPO
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Stocks' Plunge Wipes Rs 2.3 Lakh Crore Off Top-10 Most Valued Firms
The deep plunge in India equity benchmarks eroded the market capitalisation (m-cap) of the top-10 most valued companies by nearly Rs 2.3 lakh crore last week, with the shares of Life Insurance Corporation (LIC) taking the biggest hit.
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Reliance Industries Plans Joint Bid For UK Retail Major: Report
Mukesh Ambani led Reliance Industries is considering a joint bid with US buyout firm Apollo Global Management for Britain's well-known retailer Boots
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Sri Lanka's State-Owned Oil Firm Raises Fuel Price
Ceylon Petroleum Corporation's new price of 92 octane petrol at Rs 338 per litre is an increase of Rs 84
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India's Latest Unicorn, "Slice", Based On Credit Cards For Young People
Indian fintech company Slice said on Monday it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners that valued the company at more than $1 billion.
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Madhav Sheth Departs Realme India After Five-Year Stint, Founder Sky Li to Oversee India Operations: Details
Madhav Sheth announced his exit from Realme India on Wednesday. The departure of the company's VP for Business and Corporate Strategy (Global) comes five years after he joined the firm in 2018. Sheth has revealed that the company's operations in the region will now be overseen by Founder and CEO Sky Li.
-
Apple Said to Make 'Small Number' of Job Cuts in Some Corporate Retail Teams: Details
Apple is said to be cutting a small number of jobs within the company's corporate teams, as part of the first job cuts at the Cupertino firm since it began cost cutting measures last year. The firm is cutting jobs of workers responsible for the construction and upkeep of Apple retail stores and other facilities around the world.
-
Accenture to Cut 19,000 Jobs Amid Concerns of Lower IT Spending Due to Global Economic Outlook
Accenture has announced it plans to cut about 2.5 percent of workforce, or 19,000 jobs, as the lowers its profit and revenue forecast for the year. The firm said more than 50 percent of the job cuts would affect staff at its non-billable corporate functions.
-
IT Services Firm Accenture To Cut 19,000 Jobs, Trims Profit Forecasts
Accenture Plc said on Thursday it would cut about 19,000 jobs and lowered its annual revenue and profit projections, the latest sign that the worsening global economic outlook was sapping corporate spending on IT services.
-
Retaining Staff Boosts Revenue, Remote Working Major Pull For Employees: Study
At a time when layoffs by global tech firms are grabbing headlines every other day, a new report suggests that retaining employees will help companies grow their revenue and profits.
-
Twitter to Expand Types of Political Ads Permitted on Platform After 2019 Global Ban
Twitter on Tuesday announced the company would expand the kinds of political ads that were allowed on the microblogging platform, months after it was taken over by billionaire Elon Musk. The move appears to be a reversal of the service's 2019 global ban on political ads as the firm and rivals like Facebook faced widespread criticism for allowing e...
-
India's Tech Companies, Routed, Use Surprise Tactics To Arrest Slide
While within the rules, several market experts say the actions point to the fixation that newly listed firms have with their stock prices. After all, Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare.
-
Paytm's Outlay For Share Buyback Won't Hamper Growth Plans, Firm Has Excess Cash: Report
Morgan Stanley said the buyback won't hamper any growth plans as it believes the company will generate excess cash after taking into account the investments required for growing the business.
-
LIC Becomes Top-Ranked Indian Firm On Fortune Global 500 List
Recently-listed Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list, while Reliance Industries has jumped 51 places.
-
Celsius Onboards New Legal Team to Assist on Its Restructuring, Days After Firing 25 Percent Staff
Celsius Network, the US-based crypto lender is currently struggling to cope with the ongoing slump in the global crypto arena. The company has hired a new legal team from the Kirkland & Ellis LLP law firm to help it come out of its corporate malfunctioning. The newly appointed team of lawyers will advise the Celsius team on various options, which m...
-
Stone Processing Firm Global Surfaces Files Papers For Public Offer
Global Surfaces Ltd, which is engaged in the business of processing natural stones has filed papers with SEBI to mop up funds through an IPO
-
Stocks' Plunge Wipes Rs 2.3 Lakh Crore Off Top-10 Most Valued Firms
The deep plunge in India equity benchmarks eroded the market capitalisation (m-cap) of the top-10 most valued companies by nearly Rs 2.3 lakh crore last week, with the shares of Life Insurance Corporation (LIC) taking the biggest hit.
-
Reliance Industries Plans Joint Bid For UK Retail Major: Report
Mukesh Ambani led Reliance Industries is considering a joint bid with US buyout firm Apollo Global Management for Britain's well-known retailer Boots
-
Sri Lanka's State-Owned Oil Firm Raises Fuel Price
Ceylon Petroleum Corporation's new price of 92 octane petrol at Rs 338 per litre is an increase of Rs 84
-
India's Latest Unicorn, "Slice", Based On Credit Cards For Young People
Indian fintech company Slice said on Monday it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners that valued the company at more than $1 billion.
