Business

Cisco to cut 5% of workforce affecting over 4,000 jobs, adjusts revenue lower

Cisco to cut 5% of workforce affecting over 4,000 jobs, adjusts revenue lower

Cisco Systems, a major player in networking equipment, said it plans to reduce its global workforce by 5 percent, affecting…
Adani-Hindenburg row: Plea in Supreme Court seeks review of January 3 verdict

Adani-Hindenburg row: Plea in Supreme Court seeks review of January 3 verdict

A plea has been filed in the Supreme Court seeking review of its January 3 verdict by which it refused…
Cisco to layoff thousands of employees in a fresh round of job cuts

Cisco to layoff thousands of employees in a fresh round of job cuts

Network leader Cisco is preparing to undergo a business restructuring aimed at emphasizing high-growth sectors. This strategic shift is expected…
RBI’s battles with inflation

RBI’s battles with inflation

Reserve Bank of India governor announced that the central bank decided to keep the repo rate unchanged at 6.5 per…
‘Factually incorrect’: SBI denies reports on Yes Bank stake sale via block deal

‘Factually incorrect’: SBI denies reports on Yes Bank stake sale via block deal

The State Bank of India (SBI) on Thursday, February 8 issued a clarification, denying reports of a stake sale in…
What RBI Governor Said On Strict Action On Paytm Payments Bank

What RBI Governor Said On Strict Action On Paytm Payments Bank

The Reserve Bank of India today said that the clampdown on Paytm Payments Bank was a result of persistent non-compliance…
RBI Policy: India’s real GDP growth for FY25 projected at 7%

RBI Policy: India’s real GDP growth for FY25 projected at 7%

In line with market expectations, the Reserve Bank of India (RBI) maintained its benchmark interest rate (repo rate) at 6.5%…
Bharti Airtel rallies 4% on strong Q3 earnings, ARPU growth

Bharti Airtel rallies 4% on strong Q3 earnings, ARPU growth

Shares of Bharti Airtel rallied nearly 4 percent in the opening trade on February 6 after the company reported strong…

The Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) is likely to maintain status quo on repo rate…
Paytm crisis: No ED investigation either against company or CEO, company asserts

Paytm crisis: No ED investigation either against company or CEO, company asserts

A recent RBI order barred Paytm Payments Bank Ltd from taking any further deposits or conducting credit transactions. The Enforcement…
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