MT Autocraft, a leading supplier of machined components and assemblies, on Wednesday announced the launch of electric mobility company MTA E-Mobility Pvt Ltd (MTA EV) with a seed funding of Rs 100 crore.
Leading fintech platform PhonePe on Wednesday announced it has enabled UPI activation using Aadhaar-based OTP authentication.
Tata Motors said for Q2FY23, it had earned an operational revenue of Rs 78,846.92 crore (last year Q2 Rs 60,435.92 crore) and a net loss of Rs 898.35 crore (Rs 4,415.54 crore).
Japanese-Indian joint venture Toyota Kirloskar Motor on Wednesday signalled its foray into the compressed natural gas (CNG) powered segment.
In one of the worst lay-offs ever in the tech industry, Meta Founder and CEO Mark Zuckerberg on Wednesday sacked more than 11,000 employees — about 13 per cent of the global workforce.
Cities, including Mumbai metropolitan region (MMR), NCR, Bengaluru, Chennai, Hyderabad, Kolkata, and Pune saw homes worth Rs 1,55,833 crore sold in the first half of FY23, rising yearly by 119 per cent. The overall value of units sold in the corresponding period of FY22 was nearly Rs 71,295 crore, said a research by real estate consultancy firm Anarock.
After Twitter, Meta was set to lay off thousands of employees and the company’s Founder and CEO Mark Zuckerberg reportedly told the workforce to be ready for what was coming their way. The Facebook and Instagram parent company reported over 87,000 employees (as of September).
The airline will commence flights between Mumbai-Kolkata-Itanagar from November 28 from Itanagar’s newly-opened Donyi Polo Airport.
About 50 per cent of respondents believe that they have fully mitigated the risks their bold moves incurred since 2020, said the report.
According to a PwC report, 43 per cent of Indian business executives said their firms were yet to fully mitigate the risks associated with remote and hybrid work, 61 per cent said the same around risks associated with accelerated cloud adoption, and 55 per cent around increased data volumes.
