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India Sourcing Conclave 2023: Preparing Exporters for Changing European Landscape and Regulatory Reforms

Jul 12, 2023

The Buying Agents Association is set to host the first-of-its-kind India Sourcing Conclave on the 14th and 15th of July, 2023. As the event's organizer, BAA has assembled a distinguished team of industry veterans who will share their expertise and insights with exporters from various clusters, providing an invaluable learning experience over the…

India Sourcing Conclave to highlight various solutions for exporting community: Dr. Rakesh Kumar,…

Jul 12, 2023

First-of-its-kind, India Sourcing Conclave, is set to held on 14th and 15th of July this month. Organized by Buying Agents Association, the inaugural conclave promises to be a groundbreaking event, focusing on the entire ecosystem of…

Business

Genuinely concerned about Super-intelligence replacing Humans, says Paytm CEO Vijay Shekhar

Jul 11, 2023

PayTm creator Vijay Shekhar Sharma has expressed concern about the potential disempowerment, if not extinction, of humans as a result of the development of extremely advanced AI systems. He expressed his concerns in a tweet, citing a recent…

Business

Johnson Controls launches its biggest Indian OpenBlue Innovation Centre in Bengaluru

Jul 11, 2023

Johnson Controls (NYSE: JCI), the global leader for smart, healthy, and sustainable buildings, today announced the official opening of its biggest state-of-the-art OpenBlue Innovation Centre in Bengaluru, Karnataka. The new centre offers…

Business

Microsoft announces Another Round of Layoffs

Jul 11, 2023

Microsoft has announced a new round of layoffs affecting employees in the customer service, support, and sales divisions. This is in addition to the layoff announcement issued in January, which resulted in the elimination of 10,000 jobs.

Automobile & Aviation

Go First Airline seeks investors as part of insolvency process

Jul 10, 2023

A newspaper advertisement published today confirmed that Go Airlines Ltd has now invited investor interest in the company through a court-appointed administrator as part of the carrier's ongoing insolvency process.

Business

Reliance and Google-backed Dunzo defers 50% salary of staff

Jul 10, 2023

The hyperlocal rapid commerce business Dunzo, which is supported by Reliance Retail and Google, has postponed 50% of some employees' salaries. According to the sources, these cuts have been made to the salaries of employees in the…

Business

Flipkart, Myntra employees to get cash payouts worth $700 mn after separation of PhonePe

Jul 9, 2023

Employees of Flipkart and its fashion e-commerce affiliate Myntra will receive a cash compensation of approximately $700 million. The compensation is intended to recompense qualified current and former employees for the share value loss…

Business

Isha Ambani appointed in Board of Directors of RIL’s Demerged Financial Services Unit

Jul 9, 2023

Billionaire Mukesh Ambani's daughter Isha Ambani and former CAG Rajiv Mehrishi are among the directors appointed to the board of Reliance Industries' demerged financial services unit, the firm announced on Saturday.

Business

Meta spent $40 million on Zuckerberg’s report, claims Report

Jul 9, 2023

Over the last three years, Mark Zuckerberg's company has spent more than $40 million on his personal protection. This stands in stark contrast to his family-run foundation's financial backing (in the millions of dollars) for groups seeking…

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