SpiceJet faced a setback in the first quarter of fiscal year 2025. The budget carrier announced a consolidated net loss of Rupees 234 crore. This contrasts with a net profit of Rupees 158 crore in the same period last year.…
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As per Data Center Dynamics, the latest round of layoffs has extended beyond the Oracle Cloud Infrastructure (OCI) teams. This is the same team that witnessed layoffs last month. In the fresh round the employees working in Oracle Health (formerly…
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Company says Bank of Baroda’s fraud classification of RCom and Anil Ambani loans is unrelated to its operations or finances and has no stakeholder impact.
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Maharashtra Transport Minister Pratap Sarnaik became Tesla India’s first customer, receiving a Model Y in Mumbai to promote electric mobility, particularly among the youth. Despite initial hype, Tesla has secured modest orders due to high import duties, limiting deliveries to…
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Indian stock indices closed slightly higher on Thursday. Early gains, driven by GST changes, faded as investors booked profits. Consumer goods and auto shares initially rose but later declined. The Nifty and Sensex saw marginal increases. Mahindra & Mahindra was…
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Coca-Cola’s global COO, Henrique Braun, addressed increasing competition in India, stating the company is prepared for short-term challenges while maintaining a long-term focus. He acknowledged a slowdown in growth momentum in key markets like India due to weather and macroeconomic…
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