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Intel Sells Stake in Chip Designer Arm Holdings
Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in the second quarter, a regulatory filing showed on Tuesday.
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Karnataka Job Quota May Force "Companies To Relocate": Software Body
A day after the Karnataka cabinet approved a bill mandating reservation for locals in the private sector jobs, software body Nasscom has sought its withdrawal saying the provisions "threaten to drive away companies".
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Dubai Gets Metaverse Strategy, Plans to Be Among Top Ten Metaverse Economies
The UAE has launched the ‘Dubai Metaverse Strategy’ with the plan to onboard over a thousand Web3 firms onto its industrial ecosystem. This move, the UAE estimates, can see around 40,000 jobs in the next six years.
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Sony to Cut 900 Jobs at PlayStation, Shut London Studio; Naughty Dog, Insomniac Hit With Layoffs
Japan's Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday as the videogame industry struggles to recover from a post-pandemic slump.
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Sony Lays Off 900 Workers After Warning Of Fall In PlayStation Sales
Sony PlayStation on Tuesday said it was laying off eight percent of its global workforce, as the tech industry continues to suffer a wave of job cuts.
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Tata Steel To Cut 2,800 Jobs In UK As Company Shuts 2 Blast Furnaces
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener production of the metal.
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When Wipro's Azim Premji Turned Down Narayana Murthy's Job Application
Infosys founder NR Narayana Murthy once applied for a job at Wipro but was turned down, leading to the birth of Infosys, one of Wipro's biggest competitors in the IT industry, the billionaire businessman told CNBC-TV18 in interview.
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British Steel May Cut 2,000 Jobs In Move To "Greener" Technology: Report
British Steel is preparing to axe up to 2,000 jobs as part of a cost-cutting programme, according to a report, even as its Chinese owners seek large subsidies from the UK government.
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IISc, Software company Synopsys Collaborate To Bridge India's Semiconductor Workforce Gap
The programme will have a well-defined curriculum with four levels catering to students and industry professionals. It will cover foundational concepts and delve deep into device and technology development skills.
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UK To Pump $621 Million Into Tata Steel To Secure Steel Industry
Britain is to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site, in a deal aimed at securing the future of the country's steel industry but which puts as many as 3,000 jobs at risk.
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Indians Can Now Work As Cooks In Singapore As Island-Nation Bends Rules
Singapore,in a move to address workforce shortages in its hotel industry, has added cooks from India to its list of permissible hires, widening its recruitment pool for certain job positions in the services and manufacturing sectors.
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Saiyami Kher Reveals She Was Advised To Get A lip And Nose Job Done Early In Her Career
"Its like the society you're living in is accepting the way you are, but you dont fit the norms set by the industry," said Saiyami Kher
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Tata Group to Build Electric Vehicle Battery Plant in UK
Tata Group will build an electric vehicle battery plant in Britain, the company and the government said on Wednesday, in a major boost for a car industry in need of domestic battery production to help secure its long-term future.
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Indian Online Gaming Firms Planning to Relocate Could Violate Laws: Official
Indian online gaming firms planning to relocate overseas to avoid a new 28 percent tax on the sector run the risk of violating the country's foreign exchange laws, Vivek Johri, head of the indirect taxes' department, said on Thursday. New Delhi does not plan to implement the tax retrospectively, he said, in response to speculation it could do so.
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60,000 IT Sector Contract Workers Lost Jobs In A Year: Recruitment Body
Nearly 60,000 outsourced contract workers lost jobs in the information technology sector in the year ending in March as jobs for flexi workers hired through contractors by companies shrank 7.7% from a year earlier, a recruitment body said.
-
Intel Sells Stake in Chip Designer Arm Holdings
Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in the second quarter, a regulatory filing showed on Tuesday.
-
Karnataka Job Quota May Force "Companies To Relocate": Software Body
A day after the Karnataka cabinet approved a bill mandating reservation for locals in the private sector jobs, software body Nasscom has sought its withdrawal saying the provisions "threaten to drive away companies".
-
Dubai Gets Metaverse Strategy, Plans to Be Among Top Ten Metaverse Economies
The UAE has launched the ‘Dubai Metaverse Strategy’ with the plan to onboard over a thousand Web3 firms onto its industrial ecosystem. This move, the UAE estimates, can see around 40,000 jobs in the next six years.
-
Sony to Cut 900 Jobs at PlayStation, Shut London Studio; Naughty Dog, Insomniac Hit With Layoffs
Japan's Sony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London, it said on Tuesday as the videogame industry struggles to recover from a post-pandemic slump.
-
Sony Lays Off 900 Workers After Warning Of Fall In PlayStation Sales
Sony PlayStation on Tuesday said it was laying off eight percent of its global workforce, as the tech industry continues to suffer a wave of job cuts.
-
Tata Steel To Cut 2,800 Jobs In UK As Company Shuts 2 Blast Furnaces
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener production of the metal.
-
When Wipro's Azim Premji Turned Down Narayana Murthy's Job Application
Infosys founder NR Narayana Murthy once applied for a job at Wipro but was turned down, leading to the birth of Infosys, one of Wipro's biggest competitors in the IT industry, the billionaire businessman told CNBC-TV18 in interview.
-
British Steel May Cut 2,000 Jobs In Move To "Greener" Technology: Report
British Steel is preparing to axe up to 2,000 jobs as part of a cost-cutting programme, according to a report, even as its Chinese owners seek large subsidies from the UK government.
-
IISc, Software company Synopsys Collaborate To Bridge India's Semiconductor Workforce Gap
The programme will have a well-defined curriculum with four levels catering to students and industry professionals. It will cover foundational concepts and delve deep into device and technology development skills.
-
UK To Pump $621 Million Into Tata Steel To Secure Steel Industry
Britain is to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site, in a deal aimed at securing the future of the country's steel industry but which puts as many as 3,000 jobs at risk.
-
Indians Can Now Work As Cooks In Singapore As Island-Nation Bends Rules
Singapore,in a move to address workforce shortages in its hotel industry, has added cooks from India to its list of permissible hires, widening its recruitment pool for certain job positions in the services and manufacturing sectors.
-
Saiyami Kher Reveals She Was Advised To Get A lip And Nose Job Done Early In Her Career
"Its like the society you're living in is accepting the way you are, but you dont fit the norms set by the industry," said Saiyami Kher
-
Tata Group to Build Electric Vehicle Battery Plant in UK
Tata Group will build an electric vehicle battery plant in Britain, the company and the government said on Wednesday, in a major boost for a car industry in need of domestic battery production to help secure its long-term future.
-
Indian Online Gaming Firms Planning to Relocate Could Violate Laws: Official
Indian online gaming firms planning to relocate overseas to avoid a new 28 percent tax on the sector run the risk of violating the country's foreign exchange laws, Vivek Johri, head of the indirect taxes' department, said on Thursday. New Delhi does not plan to implement the tax retrospectively, he said, in response to speculation it could do so.
-
60,000 IT Sector Contract Workers Lost Jobs In A Year: Recruitment Body
Nearly 60,000 outsourced contract workers lost jobs in the information technology sector in the year ending in March as jobs for flexi workers hired through contractors by companies shrank 7.7% from a year earlier, a recruitment body said.
