Freshworks Announces 13% Layoffs, $400 Million Stock Buyback, and Q3 Earnings
Nasdaq-listed SaaS platform Freshworks revealed it would be cutting 13% of its global workforce, impacting around 660 employees as part of a restructuring effort to...
Category : Business News
Supreme Court Orders Liquidation of Jet Airways, Citing “No Choice” Amid Ownership Dispute
The Supreme Court on Thursday ordered the liquidation of Jet Airways, ending hopes of reviving the once-prominent airline. In a significant move, the court invoked...
ED Raids Target Amazon and Flipkart Sellers, Searches Conducted at 16 Locations
The Enforcement Directorate (ED) conducted a series of raids on Thursday targeting vendors associated with leading e-commerce platforms, Amazon and Flipkart. These searches, conducted across...
Boeing and Intel’s Crises: A National Imperative for America’s Strength
Boeing and Intel, once the epitome of world-class engineering and manufacturing, now face significant challenges that pose broader implications for the U.S. economy. The setbacks...
Fortifying India’s Digital Growth: The Critical Role of Fintech in Securing the Future
India’s rapid digital transformation has brought significant opportunities, but it has also given rise to a growing shadow industry of online fraud. Even tech-savvy and...
Infosys Reports 5% Profit Growth in Q2, Raises FY25 Revenue Forecast
Infosys Ltd, the Indian tech giant, posted a 4.7% increase in net profit for the second quarter (Q2) of the fiscal year 2024, ending in...
Ratan Tata’s Timeless Impact: The Visionary Who Turned Tata Group into a Global Powerhouse
Ratan Tata’s tenure as the chairman of Tata Group, beginning in 1991, marked a new era for the conglomerate. He took over the reins from...
Motilal Oswal Recommends ‘Buy’ on HCL Technologies with Target Price of Rs 2300
Motilal Oswal has issued a bullish recommendation on HCL Technologies, advising investors to buy the stock with a target price of Rs 2300. The recommendation...
No Spectrum Auction: Government Decides on Administrative Allocation After Elon Musk’s Objection to Reliance Jio’s Lobbying
In a significant policy shift, India’s Telecom Minister Jyotiraditya Scindia has confirmed that the country will not conduct a spectrum auction for satellite internet services....
Avenue Supermarts Shares Plunge 9% Amid Downgrades and Margin Concerns
Shares of Avenue Supermarts Ltd., the operator of the D-Mart hypermarket chain, fell sharply by 9% on Monday, October 14, marking their largest single-day decline...