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"A Real Loss": Silicon Valley Bank Collapse Leaves Tech Start-Ups Worried
Silicon Valley Bank collapse: SVB's stunning collapse has led to the freezing of tens of billions of dollars stored there by startups and their private equity backers, raising fears of a wider tech sector fallout.
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Microsoft, Amazon, Other Tech Firms Cut Jobs at Second-Highest Pace on Record in US
Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 1,02,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier, according to the repo...
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Wipro CEO Thierry Delaporte Is Highest Paid IT Sector Executive
IT major Wipro's CEO Thierry Delaporte's total compensation stood at $10.5 million (Rs 79.66 crore) for 2021-22
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Government Ready To Deal With Any Global Development: Finance Minister
Finance minister Nirmala Sitharaman said on Sunday that government is ready to deal with any situation arising out of global developments
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India's Economic Reforms Seen As A "Positive Step" By US: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Wednesday said India's strategic economic reforms have been welcomed by the Joe Biden administration and leaders from the corporate sector in the US.
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Biden Administration Praised India's Economic Reforms: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said during her visit to Washington that the Biden Administration and leaders from the corporate sector in the US have welcomed recent economic reforms introduced by her government.
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MetLife To Increase Stake In Insurance Joint Venture With Punjab National Bank
US insurer MetLife Inc said on Monday it would increase the stake in its Indian joint venture
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Stronger India-US Health Partnership Can Be A "Powerful Force" To Fight Pandemic: S Jaishankar
External Affairs Minister S Jaishankar on Thursday emphasised that a stronger India-US health partnership can be a "powerful force" to fight the global COVID pandemic as he met top members of America's corporate sector
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Google CEO Sundar Pichai Joins Steering Committee of Global Task Force on Pandemic Response
Three Indian-American CEOs — Sundar Pichai from Google, Punit Renjen from Deloitte, and Shantanu Narayen from Adobe have joined the steering committee of the Global Task Force on Pandemic Response that is overseeing an unprecedented corporate sector initiative to help India successfully fight COVID-19.
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India's Envoy Urges Corporates To Help Realise Full Potential Of US Ties
India's top diplomat in the United States urged the corporate sector to help realise the full potential of the India-US relationship that, he said, has witnessed the strength of bipartisan support under the Biden administration.
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Slumping Fleet Sales Weigh On U.S. Auto Market
Collapsing demand from rental car companies, corporations and government agencies has sapped U.S. auto sales during the coronavirus pandemic and a recovery will likely be slow, threatening auto workers whose jobs depend on fleet sales.
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SBI To Get Back To RBI On Yes Bank Bailout Plan By Monday: 10 Points
State Bank of India (SBI) chairman Rajnish Kumar said on Saturday that the lender is conducting due diligence on the governments bailout plan for Yes Bank, and will get back to the Reserve Bank of India (RBI) with comments by Monday. "There are many potential investors who have approached us after looking at the draft scheme," he said during a medi...
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US Corporate Sector Hails India's Move To Slash Tax Rate For Companies
Finance Minister Nirmala Sitharaman said the reduction in tax rates was done by promulgating an ordinance to an amendment to the Income Tax Act.
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Sector Slowdown Could Impact Turnaround Time For Monnet Ispat: JSW Steel
A trade war between the US and China and a slowdown across various sectors in India has pushed steel prices down by 30 per cent since last year
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US Corporate Sector Welcomes Indian Budget, Says Will Attract Investment
The American corporate sector has hailed Finance Minister Nirmala Sitharaman's first union budget, noting that it is not only inclusive, but also attractive for foreign investments.
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"A Real Loss": Silicon Valley Bank Collapse Leaves Tech Start-Ups Worried
Silicon Valley Bank collapse: SVB's stunning collapse has led to the freezing of tens of billions of dollars stored there by startups and their private equity backers, raising fears of a wider tech sector fallout.
-
Microsoft, Amazon, Other Tech Firms Cut Jobs at Second-Highest Pace on Record in US
Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 1,02,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier, according to the repo...
-
Wipro CEO Thierry Delaporte Is Highest Paid IT Sector Executive
IT major Wipro's CEO Thierry Delaporte's total compensation stood at $10.5 million (Rs 79.66 crore) for 2021-22
-
Government Ready To Deal With Any Global Development: Finance Minister
Finance minister Nirmala Sitharaman said on Sunday that government is ready to deal with any situation arising out of global developments
-
India's Economic Reforms Seen As A "Positive Step" By US: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Wednesday said India's strategic economic reforms have been welcomed by the Joe Biden administration and leaders from the corporate sector in the US.
-
Biden Administration Praised India's Economic Reforms: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said during her visit to Washington that the Biden Administration and leaders from the corporate sector in the US have welcomed recent economic reforms introduced by her government.
-
MetLife To Increase Stake In Insurance Joint Venture With Punjab National Bank
US insurer MetLife Inc said on Monday it would increase the stake in its Indian joint venture
-
Stronger India-US Health Partnership Can Be A "Powerful Force" To Fight Pandemic: S Jaishankar
External Affairs Minister S Jaishankar on Thursday emphasised that a stronger India-US health partnership can be a "powerful force" to fight the global COVID pandemic as he met top members of America's corporate sector
-
Google CEO Sundar Pichai Joins Steering Committee of Global Task Force on Pandemic Response
Three Indian-American CEOs — Sundar Pichai from Google, Punit Renjen from Deloitte, and Shantanu Narayen from Adobe have joined the steering committee of the Global Task Force on Pandemic Response that is overseeing an unprecedented corporate sector initiative to help India successfully fight COVID-19.
-
India's Envoy Urges Corporates To Help Realise Full Potential Of US Ties
India's top diplomat in the United States urged the corporate sector to help realise the full potential of the India-US relationship that, he said, has witnessed the strength of bipartisan support under the Biden administration.
-
Slumping Fleet Sales Weigh On U.S. Auto Market
Collapsing demand from rental car companies, corporations and government agencies has sapped U.S. auto sales during the coronavirus pandemic and a recovery will likely be slow, threatening auto workers whose jobs depend on fleet sales.
-
SBI To Get Back To RBI On Yes Bank Bailout Plan By Monday: 10 Points
State Bank of India (SBI) chairman Rajnish Kumar said on Saturday that the lender is conducting due diligence on the governments bailout plan for Yes Bank, and will get back to the Reserve Bank of India (RBI) with comments by Monday. "There are many potential investors who have approached us after looking at the draft scheme," he said during a medi...
-
US Corporate Sector Hails India's Move To Slash Tax Rate For Companies
Finance Minister Nirmala Sitharaman said the reduction in tax rates was done by promulgating an ordinance to an amendment to the Income Tax Act.
-
Sector Slowdown Could Impact Turnaround Time For Monnet Ispat: JSW Steel
A trade war between the US and China and a slowdown across various sectors in India has pushed steel prices down by 30 per cent since last year
-
US Corporate Sector Welcomes Indian Budget, Says Will Attract Investment
The American corporate sector has hailed Finance Minister Nirmala Sitharaman's first union budget, noting that it is not only inclusive, but also attractive for foreign investments.
