recession
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Stories
General Motors Offers Voluntary Buyouts To Salaried Employees, Expects To Take On 1.5 Billion USD Charge
General Motors has been offering buyouts to many salaried workers in the U.S. and some global executives. The initiative has…
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Trends
As IBA Agrees To 5-Day Work Hours Demand, Banks May Shut On All Saturdays
Weekend visits to the branch would no longer be feasible as a result of lenders perhaps adopting five-day work weeks.…
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Stories
World’s Wealthiest Individuals Lose 10 Trillion USD Of Their Combined Wealth, Europe Takes The Major Hit
The world’s wealthiest men lost a valuation of 10 trillion USD in the last year. The loss has contributed to…
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Trends
IndiGo’s CEO Pieter Elbers On Airline’s Expansion Plans in 2023
According to its CEO Pieter Elbers, the nation’s largest airline IndiGo, which is “back with a bang,” is aiming to…
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Stories
JP Morgan lays off hundreds of mortgage employees shortly after making a hiring announcement in 2023
The news of layoffs in JP Morgan has come off after its competitor Morgan Stanley started handing pink slips to…
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Trends
Adani’s investors Knock The Door Of SC To Seek Compensation For The Firm’s Stock Crash
The investors of Adani Enterprises have filed a complaint in the Supreme Court to prosecute “short seller” Nathan Anderson of…
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Trends
After Adani Stock Rout, India Slips To 6th Position In The List Of Largest Stock Markets: Bloomberg
A slump in shares of conglomerate Adani, cost India its place among the world’s five largest stock markets, as the…
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Stories
OLX to layoff 1500 employees: what does it mean for the tech industry
OLX, a Dutch-owned company, has announced that the company will go through a restructuring process that will affect 15 percent…
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Trends
Case Filed By CBI Against GTL Limited Directors Over Alleged Rs 4,500 Crore Fraud
According to the CBI, GTL Ltd. got loans by fraud from a bank consortium of about 24 lenders and subsequently…
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Trends
Impasse Broken To Continue FTA Talks With India : UK Minister
Britain‘s trade secretary, in charge of negotiating FTA with India, admitted on Tuesday that talks had reached “a bit of…
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