Alphabet, the parent company of Google, is likely to join the list of Big Tech companies going for large-scale layoffs. With this, almost the entire universe of FAANG - acronym for Facebook, Amazon, Apple, Netflix and Google - has now come under the layoff turbulence hitting tens of thousands of tech jobs around the world. Reports surfaced on Tuesday about the Mountain View (California)-headquartered tech giant planning to fire around 10,000 employees.
The Biden administration has proposed a massive hike in immigration fees, including the much sought-after H-1B visas for high-skilled foreign workers, which is very popular among Indian tech professionals. Under the proposed rule, published by the US Citizenship and Immigration Services (USCIS) on Wednesday, the application for the H-1B visa increases from $460 to $780, and L-1 from $460 to $1,385. The application fee for O-1 visas has been proposed to increase from $460 to $1,055.
Congress leader Rahul Gandhi in a white t-shirt in the biting cold has been a hot topic of discussion -- and not just in top political circles.
FMCG major Dabur India has decided to hold back the expansion plan of its newly launched retail arm with an aim of capitalising more from further downslide in retail rentals that the company is expecting.
Just where did Bollywood spend New Year's Eve? They tell us.
However, organisations such as the Missionaries of Charity will not be eligible for the extension benefits as their applications for a renewal of the FCRA registration have already been rejected, according to a notice issued by the ministry of home affairs.
Jet fuel prices on Wednesday were hiked by over 18 per cent -- the steepest ever increase -- to all-time high levels after international oil price surged to a multi-year high.
Byju's is planning to raise $500-600 million from Abu Dhabi's sovereign wealth funds and existing investors, according to sources, as the start-up world is facing a funding freeze. The educational technology (edtech) giant targets profitability by March next year. "There is no change in Byju's valuation. The new fundraising process is still going on," said a person familiar with the matter. "Any new valuation would be determined in the futureByju's is planning to raise $500-600 million from Abu Dhabi's sovereign wealth funds and existing investors, according to sources, as the start-up world is facing a funding freeze. The educational technology (edtech) giant targets profitability by March next year. "There is no change in Byju's valuation. The new fundraising process is still going on," said a person familiar with the matter. "Any new valuation would be determined in the future as it is very tough for investors to do that in this environment." as it is very tough for investors to do that in this environment."
Congress leader Rahul Gandhi, who set off a national debate when he walked the Bharat Jodo Yatra in a T-shirt in north India's cold winter, donned a pheran to ward off Kashmir's bone-freezing chill on Monday.
China on Thursday sought to defend its move to block a proposal by the United States and India at the United Nations to blacklist Pakistan-based Jaish-e-Mohammed (JeM) deputy chief Abdul Rauf Azhar, saying it needs more time to assess the application.
Srinagar recorded a low of minus 3.2 degrees Celsius, an increase of two degrees from the previous night's minus 5.2 degrees Celsius, a spokesman for the MET department said in Srinagar.
Under Section 71 of the legislation, which took effect this month, corporate bond issuers have to create a debenture redemption reserve equivalent to at least 50% of a planned bond sale before the maturity of the security.
AC Milan entered the Champions League quarterfinals for the first time in eleven years, with a draw in the round of 16 second leg against Tottenham Hotspurs.
Job openings for permanent staffers at fresher level will be adversely affected due to the overall hiring freeze amid the second wave of COVID-19, while temporary or gig workers seem to be better placed, says a survey. According to a survey by staffing and HR services company Genius Consultants, over 57 per cent respondents believe that new job positions for permanent employees will suffer a major impact of the overall hiring freeze. However, just 43 per cent of respondents believe the same for temporary or gig workers, it noted.
The arrival of autumn in Srinagar marks its presence by changing the chinar leaves to orange-red.
Here's looking at Sara and Ibrahim's dream vacay in Gulmarg.
The Srinagar-Jammu national highway connecting Kashmir with the rest of the country remained closed for the third consecutive day on Thursday as the Valley and Ladakh region reeled under intense cold conditions with the night temperature in Pahalgam plunging to the season's lowest of minus 12.2 degrees Celsius.
10 most exciting trends spotted at New York Fashion Week.
It would be Zelenskyy's first foreign trip since the Russian invasion in February, a surprise visit that could change security concerns.
Tips to have a wonderful holiday in a chilly locale.
'We had 110 Adivasis who were languishing in jail for nearly five years because it was claimed they were responsible for some blasts.' 'When the time to give the proof came, they had no proof to show.' 'Then the people are let free, totally exonerated, but their lives are totally shattered.' 'Not only their lives, but the lives of their families.'
Devas Multimedia has seized $87,457.47 cash that ISRO's commercial arm Antrix Corporation held in the US as it looked to enforce a $1.2 billion compensation it had won over a cancelled satellite deal, its lawyer said on Wednesday. Devas Multimedia America Inc had sought seizure of $145,000 but the actual recovery was $87,457.47 (a little less than Rs 70 lakh). This came after it secured a favourable order from the Eastern District Court of Virginia, Matthew D McGrill said.
Petrol price on Thursday was cut by 16 paise per litre and diesel by 14 paise -- the fourth minor reduction in rates in three weeks that followed six months of relentless price increases. Petrol now costs Rs 90.40 per litre in Delhi, down from Rs 90.56, according to a price notification of state-owned fuel retailers. A litre of diesel comes for Rs 80.73 per litre as against Rs 80.87 previously.
'Eknath Shinde and 40 other traitors have become slaves of Delhi (Centre) to finish off the Shiv Sena'
Dominic Xavier asks when the Modi Sarkar will heed the plight of the protesting farmers who have been agitating for more than forty days in freezing temperatures.
Petrol and diesel prices on Tuesday were cut for the third time within a week on the back of softening international oil prices. Petrol price was cut by 22 paise per litre and diesel by 23 paise per litre, according to a price notification of state-owned fuel retailers. Petrol now costs Rs 90.56 per litre in Delhi and a litre of diesel comes for Rs 80.87. Rates have been reduced across the country and vary from state to state depending on the local incidence of taxation (VAT). In Mumbai, the petrol price was cut to Rs 96.98 a litre on Tuesday from Rs 97.19, while diesel rates were reduced to Rs 87.96 from Rs 88.20, the price notification showed.
The clarification by the National Securities Depository (NSDL) - which is tasked with monitoring foreign portfolio investor (FPI) investment in domestic stocks - that the accounts of top investors in Adani group stocks remain 'active' has helped prevent a $500-million selloff of shares. Analysts said a freeze of the FPI accounts, as reported by some media outlets, could have prompted global index providers to cut weighting of four Adani group companies from their global indices. Brian Freitas, an analyst at independent research provider Smartkarma, said if the FPI accounts were indeed frozen, FTSE and MSCI would have reduced weighting of Adani group companies at the next rebalance, since it would have meant that the large part of the free float was not tradeable.
Petrol and diesel prices were on Thursday cut for the second straight day as international oil prices cooled fell on prospects of speedy recovery in consumption getting clouded by second wave of COVID-19 cases. Petrol price was cut by 21 paise per litre and diesel by 20 paise, according to a price notification of state-owned fuel retailers. Petrol now costs Rs 90.78 per litre in Delhi and a litre of diesel comes for Rs 81.10.
'In the last decade, Parliamentarians had sought for an increase of 400 per cent for their compensation.' 'Have we really earned this massive increment?'
Following is the process for the takeover of Chelsea Football Club after the English Premier League side said a consortium, led by Los Angeles Dodgers part-owner Todd Boehly and backed by Clearlake Capital, had won the bid to acquire the club.
The government had moved NCLT to freeze the assets of 19 people after CBI filed a charge sheet in Nirav Modi's case and Gitanjali Group cases.
This versatile Thai red curry takes any kind of vegetable or protein in it and is served with steamed rice and garnish.
Conventional wisdom is that when the US sneezes, emerging markets like India catch a cold. And yet the Indian stock market went up last year, points out Debashish Basu.
The ED has attached assets to the tune of Rs 9,003 crore and filed 173 charge sheets in the financial year 2014-15.
Insiders say President Kovind has been told he will not be re-nominated, reveals R Rajagopalan.
The Uddhav Thackeray-led Shiv Sena faction has submitted to the Election Commission its three options of a trident, rising sun or mashaal (burning torch) for its poll symbol, sources said on Sunday.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
Large parts of north India reeled under numbing cold on Tuesday with the mercury remaining below freezing point at most places in Jammu and Kashmir, while dense fog in the early hours of the morning hit road and rail traffic movement.
The government on Tuesday confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by Britain's Cairn Energy, which is seeking to recover $1.72 billion from New Delhi after winning an arbitration against retro tax. Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal against an international arbitration tribunal overturning levy of Rs 10,247 crore in back taxes on Cairn Energy. "Yes sir, an order has been passed by a French Court freezing certain Indian government properties in the case pertaining to Cairn Energy," he said.
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