India’s private sector experienced robust growth in April, reaching an eight-month high, driven by strong demand and a surge in foreign orders, particularly for manufactured goods. The manufacturing sector saw significant expansion, fueled by increased export business, while the services…
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The layoffs are part of a broader strategy to refocus on an engineering-driven culture, the report said.
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BluSmart founder Anmol Singh Jaggi had written to employees earlier this month that the March salaries would get cleared by the end of April, but sources said there hasn’t been any update on this.
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Kunal Shah stressed that fintech founders are essentially in the business of trust, irrespective of the category. “If you’re building in fintech, you’re building trust. That’s the foundation for anything to work efficiently.”
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Maruti Suzuki and Hyundai’s shares in the PV segment fell to 12-year lows, while Hero MotoCorp’s share also dropped significantly. Mahindra & Mahindra and Toyota Kirloskar bucked the trend, posting gains amid sluggish market conditions.
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After Elon Musk’s abrupt cancellation of his India trip to prioritize a deal in China, India is urged to diversify its EV strategy. The article suggests embracing BYD, a leading Chinese EV manufacturer, to boost India’s EV ambitions and address…
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