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Flipkart’s co-founder Binny Bansal resigns from board; Know why
Flipkart co-founder Binny Bansal has resigned from the board. Leigh Hopkins and Kalyan Krishnamurthy praised Bansal's commitment to changing Indian retail sector.After selling his...
Business
India’s forex reserves drop by USD 2.8 billion says RBI
According to the RBI, the country's forex reserves declined by USD 2.795 billion to USD 616.143 billion in the week ending January 19, 2023....
Business
Budget 2024: Nirmala Sitharaman to match former PM Morarji Desai’s record; Know how
FM Nirmala Sitharaman is due to present her sixth consecutive budget. Sitharaman has presented five full budgets since July 2019 and is developing a...
Business
Stock market closed today due to Republic Day
Due to Republic Day 2024, Indian stock exchanges have been closed today. Trading will resume on Monday.This year marks India's 75th Republic Day, honoring...
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Business
Flipkart to lay off 1,000 employees in annual restructuring
Flipkart is reportedly sacking 1,000 employees, 5%. The company has suspended hiring and not raised top 30% salaries. Flipkart employs 22,000 (excluding Myntra). eBay...
