Indian billionaires Gautam Adani, Shiv Nadar, and Ashok Soota, as well as Malaysian-Indian businessman Brahmal Vasudevan and his lawyer wife Shanthi Kandiah, were named in the 16th edition of Forbes Asia's Heroes of Philanthropy list released on Tuesday.
The unranked list "highlights leading altruists in the Asia-Pacific region who demonstrated a strong personal commitment to philanthropic causes," Forbes said in a press release.
Food, snack and beverage company PepsiCo Inc is reportedly laying off its employees, signalling that cost-cutting exercises have extended beyond tech and media companies, as reported by the Wall Street Journal (WSJ).
A person aware of the matter told WSJ that hundreds of jobs will be eliminated. The employees at the company's headquarters in Purchase, New York and its snacks and packaged-foods business headquartered in Chicago and Plano, Texas, are reportedly being laid off.
Ritesh Agarwal, founder and group CEO of Softbank-backed Indian hotel aggregator Oyo, has sought jobs for the employees laid off by the company. Recently, the company said that it was cutting 600 jobs in its corporate and technology departments.
In a LinkedIn post, Agarwal wrote, "Many talented OYOpreneurs are having to part ways with OYO & we want to ensure they receive as much assistance and support as possible.
After three exit polls on Monday predicted a clear win for the AAP in the Municipal Corporation of Delhi (MCD) polls, the party said that the people have voted for the good work done by it while the BJP said it will do much better than the survey predictions.
Three exit polls on Monday predicted an end to the BJP's 15-year rule at the civic body. All the exit polls gave Congress less than 10 seats.
Twitter Inc. is facing new legal fallout from mass layoffs under Elon Musk’s management, including complaints from some workers that severance payments are less than promised and from other employees that the company retaliated against them for exercising protected labor rights.
The latest legal actions follow a class-action lawsuit filed when the layoffs first began in early November which accused the company of failing to give enough notice to hundreds of employees facing termination.
Soon after entering into a deal with Warren Tea to buy its four tea estates in Assam, the C K Dhanuka-promoted Dhunseri Tea & Industries is set to buy another two tea gardens from Apeejay Tea Ltd, a part of the Apeejay Surrendra group.
In a stock exchange filing, Dhunseri said the company has signed a memorandum of understanding (MoU) on Monday with Apeejay Tea Ltd for acquisition of two tea estates located in Tinsukia district of Assam for Rs 109 crore.
Just hours before the voting in the second phase of Gujarat Assembly polls on Monday, Congress sitting MLA Kanti Kharadi from Scheduled Tribes reserved Danta seat in Banaskantha district in North Gujarat has claimed that he was assaulted by the Bharatiya Janata Party (BJP) candidate Ladhu Parghi.
I was going to my voters. BJP candidate Ladhu Parghi along with L K Barad and his brother Vadan ji were amongst those who attacked us.
Shares of TVS Motor Company dipped 3 per cent to Rs 1,017 on the BSE in Monday’s intra-day trade on the back of heavy volume.
At 09:15 am, around 2.6 million or 0.55 per cent of the company's equity shares changed hands at the counter on the BSE, the exchange data shows. The names of the buyers and sellers were not ascertained immediately.
Cryptocurrency exchange Bybit is planning to cut its workforce by 30 per cent amid a continued bear market in the asset class, co-founder and Chief Executive Officer Ben Zhou said.
The moves are part of an ongoing reorganisation aimed at refocusing efforts, and reductions will be across the board, Zhou said Sunday, adding the priority is to ensure business operations are unaffected and client assets remain safe.
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