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Spotify announces to cut 17% of jobs, 3rd round of layoffs this year

Dec 4, 2023

New Delhi, Dec 4 (IANS) Music streaming giant Spotify on Monday announced to eliminate about 17 per cent of its workforce across the company as it looks to become "both productive and efficient".Spotify founder and CEO Daniel Ek said in a note to staff that right-sizing the workforce is critical for the company to face the "challenges ahead".He…

Cyclone Michaung: Air India temporarily suspends flights to and from Chennai airport

Dec 4, 2023

New Delhi, Dec 4 (IANS)Amid the heavy downpour in Chennai triggered due to cyclone Michaung, Air India has suspended all flights to and from the city till 11 p.m. on Monday, a spokesperson from the flag carrier said on Monday. “All flight…

Business

Safety & security of passengers priority of Civil Aviation Ministry: Scindia in RS

Dec 4, 2023

New Delhi, Dec 4 (IANS) Union Minister for Civil Aviation Jyotiraditya Scindia on Monday said the safety and security of passengers is the priority of the ministry with the BCAS keeping a keen watch on all airports, and in case any airline…

Business

Ranbir Kapoor-starrer ‘Animal’ dominates global box-office, ahead of ‘Napoleon,’ ‘Hunger Games’

Dec 4, 2023

Los Angeles, Dec 4 (IANS) Bollywood star Ranbir Kapoor’s recently released film ‘Animal’, directed by Sandeep Vanga Reddy, has not just set the Indian box-office on fire but has also emerged as the Number 1 film globally surpassing the…

Business

Hiring in Indian IT services industry to remain muted over next 2-3 quarters

Dec 4, 2023

New Delhi, Dec 4 (IANS) Hiring in the Indian IT services industry is expected to remain muted over the next two-three quarters amid slowdown in demand, with companies focusing on maintaining their profitability in the backdrop of lower…

Business

Zerodha’s Kite app goes down for 3rd time in 3 straight months

Dec 4, 2023

New Delhi, Dec 4 (IANS) Brokerage firm Zerodha's trading app Kite on Monday suffered another technical glitch, marking the third straight month the platform has faced such issues.This comes on a day when the stock market opened at an…

Business

Google delays launch of its Gemini AI to next year: Report

Dec 4, 2023

San Francisco, Dec 4 (IANS) Google has delayed the launch of Gemini, a conversational artificial intelligence that aims to compete with OpenAI, to next year in January, media report said.According to The Information, citing sources, a…

Business

PSU stocks markets to fresh high after BJP wins Assembly polls

Dec 4, 2023

New Delhi, Dec 4 (IANS) PSU stocks powered a monster rally of over 900 points on Monday to a fresh high after the BJP emerged victorious in the state Assembly polls in Madhya Pradesh, Rajasthan and Chhattisgarh.BSE Sensex is up 928 points…

Business

‘Toughen up’: Indian-origin billionaire backs Narayana Murthy’s 70-hr work week…

Dec 4, 2023

New Delhi, Dec 4 (IANS) Indian-American businessman and co-founder of Sun Microsystems, Vinod Khosla has backed Infosys founder NR Narayana Murthy's suggestion that India's youth must work 70 hours every week to improve the country's…

Business

Now, IndiGo faces criticism over delays from former Union Minister

Dec 3, 2023

New Delhi, Dec 3 (IANS) Congress MP and former Union Minister Manish Tewar, on Sunday expressed frustration over repeated delays in IndiGo flightsTewari, who has taken three IndiGo flights in the past week, highlighted the latest incident…

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