After 20 years in charge of Reliance Industries, Mukesh Ambani retires.
Business

After 20 years in charge of Reliance Industries, Mukesh Ambani retires.

After his father, Dhirubhai Ambani, the founder of Reliance Industries, passed away on July 6, 2002, Mukesh Ambani succeeded him as the chairman and managing director of Reliance Industries Limited. Let’s look at his journey over the past two decades. On Wednesday, Mukesh Ambani celebrated 20 years as the CEO of Reliance Industries Limited. After […]

Urban Company had the greatest rating for the working conditions of gig workers in India; Zomato, Uber, and Ola received a zero.
Business

Urban Company had the greatest rating for the working conditions of gig workers in India; Zomato, Uber, and Ola received a zero.

The Centre for IT and Public Policy (CITAPP), International Institute of Information Technology Bangalore, led the Fairwork India Team in cooperation with Oxford University (IIIT-B). Ola, Uber, Dunzo, PharmEasy, and Amazon Flex received the lowest ratings in a ranking of digital platforms based on their ability to offer fair working conditions for gig workers, according […]

According to a report, Google is set to let go 6% of its workforce in 2023 due to poor performance.
Business

According to a report, Google is set to let go 6% of its workforce in 2023 due to poor performance.

According to reports, Google fires 6 percent of underperforming employees. According to a prior story, Google intends to fire up to 10,000 employees soon. In the first half of 2023, Amazon is also anticipated to fire thousands of people. Many employees may be let go in the first quarter of 2023, it seems. 6% of […]

Here's what Bill Gates said about Elon Musk's way of operating Twitter
Business

Here’s what Bill Gates said about Elon Musk’s way of operating Twitter

Bill Gates, the co-founder of Microsoft and the fourth richest man in the world, claims that Elon Musk makes decisions at Twitter “seat-of-the-pants” style and believes that this could lead to further polarisation on the network. Bill Gates, a co-founder of Microsoft, has criticised Elon Musk’s management style, claiming that a “seat-of-the-pants” strategy is “worsening […]

Elon Musk confirms he will leave his position as CEO of Twitter, but only after hiring a successor.
Business

Elon Musk confirms he will leave his position as CEO of Twitter, but only after hiring a successor.

More over 50% of those who responded to Elon Musk’s poll asking if he should leave his position at Twitter said yes. 17,502,391 votes were cast in Musk’s poll, with 42.5 percent voting against his resignation as CEO of Twitter and 57.5 percent voting in favour. Elon Musk announced on Wednesday that he will leave […]

"The auto industry cannot expand with a 50% tax rate," says Maruti Charman RC Bhargava.
Business

“The auto industry cannot expand with a 50% tax rate,” says Maruti Charman RC Bhargava.

According to RS Bhargava, Chairman of Maruti Suzuki India, car taxes in India are far higher than in other developed countries with high per capita incomes, such as Europe and Japan. Speaking at a gathering in New Delhi, Maruti Suzuki India Chairman RS Bhargava said that the 50% tax rate would prevent the auto industry […]

While discussing tax evasion in the pan masala business, the GST Council runs out of time and decides to decriminalise some offences.
Business

While discussing tax evasion in the pan masala business, the GST Council runs out of time and decides to decriminalise some offences.

The maximum has been raised from Rs 1 crore to Rs 2 crore for all crimes outlined by the GST legislation, with the exception of those involving fraudulent invoicing, according to Revenue Secretary Sanjay Malhotra. According to Revenue Secretary Sanjay Malhotra, the Goods and Services Tax Council on Saturday resolved to decriminalise several offences and […]