Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 billion in annual savings in the near term and $8 billion to $10 billion by the end of 2025, and these savings will majorly come from “people costs” from both operations and sales departments.
Software giant Infosys on Friday declared an interim dividend of Rs 16.50 per equity share for shareholders for the year 2022-23, while Akshata Murthy, wife of UK Prime Minister Rishi Sunak, will get a dividend of Rs 64.27 crore.
The spacecraft now is expected to shut down within the next six weeks, bringing the mission’s science to an end.
The questioning of Abdul Khader, state general secretary of the ‘Islamiya Prachara Peravai’, and another person Mohammed Hussein Manpai, which commenced on Thursday evening, is continuing.
Delhi Chief Minister Arvind Kejriwal on Friday wrote to Prime Minister Narendra Modi urging him to introduce currency notes with pictures of Lord Ganesh and Goddess Laxmi along with that of Mahatma Gandhi.
Tesla CEO Elon Musk has finally taken over as Twitter boss and his first job was to reportedly fire Indian-origin CEO Parag Agrawal, Chief Financial Officer Ned Segal, the company’s policy chief Vijaya Gadde and others.
The sources added that the police have already zeroed in on some persons who had given logistical and other support to the accused in the case.
Edtech major BYJU’s is taking an unsecured loan of Rs 300 crore from its subsidiary Aakash Educational Services, which it acquired for more than $950 million, to bolster its “principal business activities”.
India is considering resuming purchases of Russian wheat with the aim of processing and re-exporting it, the TASS news agency reported.
Listed private sector Tamilnad Mercantile Bank (TMB) closed the first half of FY23 with a higher net profit of Rs 496.51 crore, said a top bank official.
