Homegrown social commerce platform Meesho on Friday said it has laid off 251 employees, constituting 15 per cent of the workforce, in order to "achieve sustained profitability"....
Accenture on Friday announced new appointments to its leadership team in India, saying that Rekha M. Menon, Senior Managing Director and Chairperson for Accenture in India, will retire as of June 30 after serving for 20 years at the company. ...
US Vice President Kamala Harris has told top Big Tech CEOs, including Microsoft Chairman and CEO Satya Nadella, Alphabet and Google CEO Sundar Pichai and Sam Altman, CEO of OpenAI (ChatGPT fame), that the private sector has an ethical, moral, and legal responsibility to ensure the safety and security of their products....
Apple set a quarterly record in the January-March period in India and grew very strong, in double digits year-over-year, said Tim Cook, the company's CEO who was in India last month to open the first branded retail stores in Mumbai and New Delhi. ...
Working gas storage in the contiguous US was 2,063 billion cubic feet in the week ending April 28, a net increase of 54 billion cubic feet from the previous week, the US Energy Information Administration (EIA) said in a latest report....
Global aviation major Lufthansa has said that it has grounded one-third of Swiss' Airbus A220 fleet amid supply-side challenges, which it saw as having more of an impact on the aviation sector's recovery from the Covid period than passenger demand. ...
India is expected to become a 50 per cent non-cash economy in consumption in the next three years...
Finance minister Nirmala Sitharaman on Thursday...
Qualcomm is rolling out 5G fixed wireless access (FWA) in collaboration with Reliance Jio to serve millions of residents in India, the chip-maker's President and CEO Cristiano Amon has said, as the country doubles down on providing 5G services to all by the end of the year. ...
Union Finance Minister Nirmala Sitharaman on Thursday congratulated Ajay Banga, the former Indian-American head of Mastercard, on becoming the World Bank president....
