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Amazon downsizes its music team amid CEO Andy Jassy’s cost-cutting campaign
Amazon.com CEO Andy Jassy is reducing staff in its Music division, including its audio streaming platform and digital music retail, to decrease costs. Jobs...
Business
Government cracks down on online travel companies for COVID-19 refund delays
Online travel companies must refund airfares for bookings during Covid lockdown, according to the central government. The Department of Consumer Affairs met with travel...
Business
Stock Market Today: Sensex, Nifty trade flat after rise over foreign fund outflows
Early trade saw the BSE Sensex and Nifty rise. They later traded flat due to mixed Asian market indications and foreign fund outflows. US...
Business
Gujarat Toolroom’s $50 million order to boost India’s gem & jewelry sector
India's gems and jewelry industry, which accounts for nearly 7% of GDP, is expected to lose 30–35% of revenue in 2023-24 due to weak...
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Business
WeWork files for bankruptcy in US; How will this affect its Indian arm?
WeWork has filed for Chapter 11 bankruptcy and established a restructuring assistance agreement with stakeholders to decrease debt and assess its commercial office lease...
