Microsoft has disclosed another round of layoffs, which will affect about 1,000 people across many areas, including its mixed reality team working on the HoloLens 2 and different Azure units. This move comes after a previous large reduction of 10,000 staff over a year ago. The layoffs, as reported by CNBC and Business Insider, are…
The Food Safety and Standards Authority of India (FSSAI) has issued a directive directing Food Business Operators (FBOs) to remove any claims of ‘100% fruit juice’ from labels and ads for reconstituted fruit juices. The regulatory agency detected misleading marketing tactics, prompting this measure. Immediate compliance is required. According to the FSSAI, some FBOs have…
Apple has signed a big partnership with OpenAI to include ChatGPT functionality into the next iOS 18 operating system for iPhones. This collaboration is likely to be announced at Apple’s Worldwide Developers Conference (WWDC) from June 10 to June 14th. According to sources familiar with the matter, the billion-dollar purchase will integrate OpenAI’s conversational AI…
Stock Market Today News | Sensex, Nifty Live Updates As the counting of votes for the 2024 Lok Sabha Elections progresses, the Indian stock markets have experienced significant volatility. On Tuesday, the benchmark indices S&P BSE Sensex and NSE Nifty50 opened in negative territory following a record-breaking session on Monday. The initial market optimism driven…
Reportedly, Alphabet, the parent company of Google, has let go of about a hundred workers from its quickly growing cloud division. The workforce was informed last week of the job cuts, which will affect positions in sales, consulting, operations, engineering, and “go-to-market” strategy.updates, According to a Google representative who confirmed the layoffs to CNBC, the…
New Delhi – In an astonishing turn of events, billionaire Gautam Adani has restored his status as Asia’s richest person, beating Reliance Industries chairman Mukesh Ambani. According to the Bloomberg Billionaires Index, Adani now ranks 11th globally with a net worth of $111 billion, surpassing Ambani, who has a net worth of $109 billion. The large…
The Reserve Bank of India (RBI) and NPCI International Payments (NIPL) have set an ambitious aim of expanding the Unified Payments Interface (UPI) to 20 countries by fiscal year 2029, according to the RBI’s FY24 annual report. This effort is scheduled to commence in fiscal year 25 and demonstrates the central bank’s commitment to expanding…
Blue Dart, a major logistics company, has announced the increase of its electric vehicle (EV) fleet to over 480 EVs, marking a significant step toward sustainability. This program is consistent with the company’s objective of reaching net-zero carbon emissions and demonstrates its attention to environmental conservation. commitment to sustainability This extension is intended to significantly…
In a recent ruling, the Karnataka High Court upheld the state government’s decision to cap the service charge levied by app-based auto rickshaws at 5%, bringing relief to commuters in Bengaluru. The dismissal of petitions filed by ride-hailing companies, including Uber, Ola, and Rapido, signifies a victory for the government’s efforts to regulate service charges…
Mumbai, India, Reliance Industries Limited (RIL), and Tata Group have won a coveted berth on TIME magazine’s 2024 list of the world’s 100 most influential companies, demonstrating their global impact and leadership. The Serum Institute of India has joined them on this renowned list, showing Indian firms’ robust position on the global scene. RIL: A…
