Business
Munsif Daily delivers the latest headlines on business-related stories across India and the globe. Find in-depth information on the world’s economy, financing, stock market, initial public offerings (IPO), the banking sector, and the financial sector of India.
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417 tech firms lay off over 1.2 lakh employees in Jan-Feb alone
New Delhi: The year 2023 is set to become the worst year for tech employees as in just two months, 417…
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Mumbai: Buffalo milk price to shoot up by Rs 5/litre from March 1
Mumbai: Hitting the consumers hard, the Mumbai Milk Producers Association (MMPA) has announced a steep price hike of Rs 5/litre of…
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Ericsson to lay off 8,500 employees globally to cut costs
London: Swedish telecom gear-maker Ericsson is laying off about 8 per cent of its workforce, around 8,500 employees, to cut costs…
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Google lays off 100 robot workers used to clean its cafeterias
San Francisco: Alphabet, Google’s parent company, recently laid off 12,000 workers and even 100 robots that cleaned its cafeterias at its…
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Air India to add over 4200 cabin crew, 900 pilots in 2023
New Delhi: Air India has planned to hire over 4200 cabin crew trainees and 900 pilots in 2023 as the airline…
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‘Won’t injunct media’, SC refuses plea to gag media from reporting Adani-Hindenburg issue
New Delhi: The Supreme Court on Friday said it will not injunct media on carrying reports on Hindenburg report on Adani…
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Salaries in India likely to go up by 10.3% in 2023
New Delhi: The salaries in India are expected to increase by 10.3 per cent in 2023, compared to an actual…
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HAFED to export 85,000 MT basmati rice to UAE
Chandigarh: HAFED, the apex cooperative federation of Haryana, has procured export orders of 85,000 metric tons (MT) basmati rice valuing…
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Ericsson to lay off 1,400 employees at home to cut costs
Stockholm: Telecom networking company Ericsson is planning to lay off at least 1,400 employees or 10 per cent of its…
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Sitharaman refuses to provide NPS funds for old pension scheme
Jaipur: Union Finance Minister Nirmala Sitharaman on Monday refused to give the money kept aside for the New Pension Scheme…
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Wipro offering freshers lower pay
Bengaluru: At a time when the job market is hit by rising layoffs, Wipro has written to fresh recruits who…
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Gland Pharma to invest Rs 400 cr in Hyderabad’s Genome Valley
Hyderabad: Gland Pharma on Monday announced that it will invest over Rs 400 crore in Hyderabad’s Genome Valley to add…
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UAE-India Business Council launched to boost bilateral trade
Dubai: Marking the first anniversary of India-UAE Comprehensive Economic Partnership Agreement (CEPA), the top business houses of India and UAE came…
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Entire Rs 16,982 cr GST compensation cess to states to be cleared: FM
New Delhi: Finance Minister Nirmala Sitharaman said on Saturday that the entire GST compensation cess for June 2022 totalling Rs 16,982…
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SpiceJet flight returns to Mumbai airport after ‘cabin pressurisation alert’
New Delhi: A SpiceJet flight flying from Mumbai to Kandla returned to the Mumbai airport on Saturday due to a ‘cabin…
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Tur dal prices to go up as production constraints pull down supplies
Ahmedabad: The Tur daal (lentil or toor) market is extremely tight due to insufficient supply; imported daal will arrive soon but…
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HP Inc to lay off 100 employees in Israel
Jerusalem: PC and printer major HP Inc is laying off 100 employees and most of the job cuts will be in…
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Qatar lifts ban on frozen seafood from India
Kochi: Qatar has lifted its temporary ban on the import of frozen seafood from India, paving the way for enhanced…
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Amazon asks employees to return to office three days a week
San Francisco: Amazon CEO Andy Jassy has asked employees to return to office, starting with three days per week from…
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Sitharaman slams KCR for calling $5 trillion economy a joke
Hyderabad: Union Finance Minister Nirmala Sitharaman on Thursday slammed Telangana Chief Minister K. Chandrasekhar Rao for calling the Centre’s target of…
