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Over 32K tech workers fired in US, more than 11K in India till July

Over 32K tech workers fired in US, more than 11K in India till July

More than 32,000 tech workers have been laid off in the US till July, including at Big Tech companies like Microsoft and Meta (formerly Facebook) and the worst has not been over yet for the tech sector that has seen massive stock sell-off.

According to the data compiled by Crunchbase, more than 32,000 workers in the US tech sector have been laid off in mass job cuts, as of late July.

Godrej Properties buys land parcel in Mumbai for its luxury housing project

Godrej Properties buys land parcel in Mumbai for its luxury housing project

Real estate firm Godrej Properties on Monday said it has acquired 0.5 acres of land in Mumbai to develop a luxury housing project with an estimated sales value of Rs 1,200 crore.

In a regulatory filing, the company informed that it has bought a land parcel to develop a luxury project near Carmichael Road in Mumbai.

Owaisi targets NSA Doval, asks who are 'some elements' spreading bigotry

Owaisi targets NSA Doval, asks who are 'some elements' spreading bigotry

AIMIM chief Asaduddin Owaisi on Sunday targeted National Security Advisor Ajit Doval, saying that he should tell everyone who is spreading religious bigotry in the country.

"We were expecting that NSA should tell everyone who are these 'some elements' who are spreading bigotry. Why is he mincing words? He should tell," Owaisi told reporters here today.

Apple gears up to launch high-end MacBook Pros, Mac mini with M2 chip

Apple gears up to launch high-end MacBook Pros, Mac mini with M2 chip

Apple is likely to ramp up its Mac portfolio with high-end MacBook Pros and Mac mini with M2 silicon chip later this year.

The M2 products currently includes the 13-inch MacBook Pro and the revamped MacBook Air.

According to Bloomberg's Mark Gurman, there will be a "major bump" in MacBook sales.

ED arrests Sanjay Raut in money laundering case linked to Mumbai chawl

ED arrests Sanjay Raut in money laundering case linked to Mumbai chawl

The Enforcement Directorate (ED) has arrested Shiv Sena MP Sanjay Raut in a money laundering case linked to alleged irregularities in the redevelopment of a Mumbai 'chawl', officials said.

Raut, 60, was arrested after over six hours of questioning at the ED's zonal office in south Mumbai's Ballard Estate.

India used far less than its share of global carbon budget: Govt

India used far less than its share of global carbon budget: Govt

India has used far less than its fair share of the global carbon budget and its emissions can grow as it is a developing country with sustainable development and poverty eradication among its leading priorities, the government has said.

The global carbon budget is the total amount of carbon dioxide (CO2) emissions permitted over a period of time while still having a chance to limit warming to 1.5 degrees Celsius above pre-industrial (1850-1900) levels.

Sundram Fasteners' net profit rises 14.5% to Rs 138.03 cr during June qtr

Sundram Fasteners' net profit rises 14.5% to Rs 138.03 cr during June qtr

Auto component major Sundram Fasteners (SFL) posted a consolidated net profit of Rs 138.03 crore during Q1FY23, up 14.5 per cent from Rs 120.51 crore reported during the same period last year.

The company’s revenue from operations for the quarter ended June 30, 2022 came in at Rs 1,410.12 crore as against Rs 1,129.56 crore during the during the corresponding period of FY22, an increase of 24.8 per cent.

Will never merge: Ola CEO rubbishes reports of merger talks with Uber

Will never merge: Ola CEO rubbishes reports of merger talks with Uber

Ola founder and CEO Bhavish Aggarwal has rubbished reports in a section of media about the company being in talks with Uber for a possible merger.

Bhavish Aggarwal said in a tweet that Ola is very profitable and growing well and if some other companies want to exit their business from India they are welcome to.

YES Bank to raise $1.1 billion via stake sale to US private equity firms

YES Bank to raise $1.1 billion via stake sale to US private equity firms

(Reuters) - India's Yes Bank Ltd said on Friday it will sell up to 10% stake to U.S. private equity firms Carlyle Group Inc and Advent International for $1.1 billion.

Yes Bank will raise the funds through a combination of about $640 million in shares and about $475 million in share warrants, the private lender said in a statement.

Haryana CM approves special package of incentives for Suzuki Motorcycles

Haryana CM approves special package of incentives for Suzuki Motorcycles

Haryana Chief Minister Manohar Lal Khattar on Friday accorded approval for a special package of incentives amounting to Rs 67.62 crores for Suzuki Motorcycles India Pvt Ltd (SMIPL), a state government statement said late Friday evening.

The Chief Minister said that it would further strengthen the existing ecosystem of automobile manufacturing in Haryana and create job opportunities for the youths.

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