Shreyas Srinivasan Resigns as CPO of Paytm Following Zomato's Insider Acquisition

Shreyas Srinivasan Resigns as CPO of Paytm Following Zomato's Insider Acquisition

Paytm's chief product officer and head of consumer goods, Shreyas Srinivasan, has stepped down. After Paytm completed the sale of Insider.in to the online food delivery behemoth Zomato, Srinivasan, the founder of the live event and ticketing...

Noel Tata Joins the Board of Tata Sons, Becomes First to Hold Dual Seats Since 2011

Noel Tata Joins the Board of Tata Sons, Becomes First to Hold Dual Seats Since 2011

In a significant shift within the Tata Group, Noel Tata was appointed to the board of Tata Sons on Friday (November 1). The announcement follows Noel Tata's recent appointment as chairman of Tata Trusts, the controlling entity of Tata Sons....

Suzuki Motor launches its first battery-electric SUV, the 'e Vitara' in Europe

Suzuki Motor launches its first battery-electric SUV, the 'e Vitara' in Europe

Suzuki Motor Corporation launched the e Vitara, its first mass-produced battery electric vehicle, in Europe on Monday. Suzuki Motor Gujarat in India will begin production of the model in spring 2025, with sales set to begin in several regions,...

Abu Dhabi and Microsoft Collaborate on an AI Push to Improve Energy Markets

Abu Dhabi and Microsoft Collaborate on an AI Push to Improve Energy Markets

Abu Dhabi's leading oil firm and AIQ reached an agreement to deploy artificial intelligence to improve energy efficiency. Abu Dhabi National Oil Co. will use agentic AI, developed by AIQ in collaboration with Microsoft Corp. and G42, for...

Blackstone is Getting Close to Acquiring Retail Opportunity Investments Corp

Blackstone is Getting Close to Acquiring Retail Opportunity Investments Corp

Blackstone is in advanced negotiations to acquire Retail Opportunity Investments Corp (ROIC), which operates shopping centers in the United States and has a market value of $3.4 billion, including debt. According to reports, Blackstone is...

Royal Enfield is Expected to Go Electric with a New Launch Scheduled Today

Royal Enfield is Expected to Go Electric with a New Launch Scheduled Today

At this week's EICMA show in Italy, Royal Enfield is getting ready to introduce a new line of electric motorcycles on November 4—the first for the two-wheeler manufacturer. This new line of electric two-wheelers from Royal Enfield,...

ASI data: 41% of Workers in Formal Manufacturing Industry on Contract in FY 23

ASI data: 41% of Workers in Formal Manufacturing Industry on Contract in FY 23

According to additional Annual Survey of Industries (ASI) data released by the Ministry of Statistics and Programme Implementation (MoSPI), every two out of five workers in the formal manufacturing sector were under contract in FY23, indicating an...

JSW-POSCO Keonjhar Project is Confirmed by the Odisha CM

JSW-POSCO Keonjhar Project is Confirmed by the Odisha CM

Chief Minister Mohan Charan Majhi declared that JSW Group and POSCO, a large South Korean steel company, would work together to establish a massive steel facility in his native Keonjhar district. Three days after the two companies signed an...

Tech Layoffs Reduce in Oct as the IT Industry Shows Indications of Stabilization

Tech Layoffs Reduce in Oct as the IT Industry Shows Indications of Stabilization

Following a wave of layoffs in the technology industry earlier this year, the number of job cutbacks has slowly decreased in recent months. According to layoffs.fyi, 35 tech companies cut off around 3,941 employees in September, with an additional...

PepsiCo is Closing 4 Bottling plants and Slashing 400 Workers to Optimize Operations

PepsiCo is Closing 4 Bottling plants and Slashing 400 Workers to Optimize Operations

PepsiCo announced intentions to close four bottling plants in the United States and lay off almost 400 employees as part of its attempts to streamline operations. The company claimed the closures will affect 136 employees in Cincinnati, 131 in...

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