Online food delivery platform Zomato on Saturday said it is planning to lay off nearly 3 percent of its workforce on account of cost-cutting efforts and to turn profitable.
FPIs invest Rs 30,385 cr in Indian equities in Nov so far
Foreign investors have been aggressively buying Indian equities in November, investing Rs 30,385 crore this month so far, on stabilisation in rupee and resilience of the domestic economy compared to global counterparts.
Gem, jewellery exports decline 15 pc to Rs 25,844 cr in Oct’
The gem and jewellery exports declined 14.64 per cent in October at Rs 25,843.84 crore due to seasonal trends as manufacturing activities are limited or closed during Diwali, GJEPC said on Saturday.
India withdraws export duty on steel
The government has withdrawn the export duty on iron ore lumps and fines with below 58 per cent iron content, iron ore pellets and the specified steel products including pig iron, with effect from Saturday, November 19, 2022.
Tesla recalls 300K vehicles over taillight software glitch
Tesla is recalling more than 300,000 vehicles in the US because a software glitch can make taillights go off intermittently, increasing the risk of a collision.
Moody’s closing its consulting business in China
The US-headquartered credit rating firm, Moody’s Corp is shutting it’s China consulting business and is laying off its staff. Two people with knowledge of the matter said that Moody’s Corp is laying off people associated with the unit in multiple locations across the country, reported The News International.
Steve Smith crosses 14,000 runs in international cricket
Star Australian batter Steve Smith crossed the 14,000 run mark in international cricket, becoming the fastest player from his country to do so. The batter accomplished this landmark during his side’s second ODI against England at Sydney Cricket Ground (SCG).
Cristiano Ronaldo gambles on World Cup to restore reputation
Not for the first time, Cristiano Ronaldo is trusting himself to deliver on the big stage.A man of seemingly boundless self-belief is struggling to accept the effects of age and banking on the World Cup to launch a glorious final act to his remarkable career.
Gallagher surprised by England call
Chelsea midfielder Conor Gallagher was one of the surprises when England coach Gareth Southgate named his squad for the Qatar World Cup.
French striker Benzema out of Qatar World Cup
French striker Karim Benzema has been ruled out of the FIFA World Cup in Qatar with a muscle injury, the French Football Federation (FFF) said on Sunday.
