Page 212 - Bs Reporter

Ola group drives back on layoff plan for nearly 200 engineers, for now

Overall, the company at a group level has a workforce of around 10,000 people

Zetwerk Manufacturing records six-fold growth in GMV to Rs 5,718 crore

The company secured orders worth Rs 11,200 crore at the group level during the year ended March 31, 2022, an increase of 200 per cent over the previous year

ICICI Bank launches 'Festive Bonanza', announces offers on home, auto loans

In the personal loan segment, customers will not be levied pre-closure charges after 12 equated monthly instalments are paid

Nasscom on Moonlighting: We need to reimagine employee engagement models

Moonlight the concept of having two jobs has come under fire as companies pointed out that this is unethical and short of cheating

Fashion will see the biggest growth this festive season: Redseer report

Despite concerns around inflation and discretionary spending, 83% of the respondents surveyed indicated a willingness to buy this festive season.

ED freezes Rs 2,747 cr worth of assets of ABG Shipyard in bank fraud case

The ED case has been filed under various Sections of the Prevention of Money Laundering Act (PMLA) after the investigators studied the CBI complaint and the forensic audit report

SBI least efficient in Asia-Pacific due to high cost-to-income ratio: Study

State-owned lender had the highest cost-to-income ratio, according to S&P Global Market Intelligence

Visteon to come up new mfg unit in India; sets sight on West and North

This is in addition to the expansion plans at its existing manufacturing unit in Chennai

Accenture sees Q1 revenue below estimates due to currency volatility

For the full year, the company reported revenue of $61.6 billion an increase of 22 per cent in the US dollar terms

Solapur-based Laxmi Co-op Bank loses licence after failing RBI norms

Depositors to get insurance claim, amount of Rs 193.68 cr already paid out

Startups to get access to large datasets of non-personal data: MoS IT

Chandrasekhar added that some of this will also be made available for companies coming from outside India

YouTube announces new ways for creators to make money through Shorts

Over the last three years, YouTube has paid creators, artists and media companies more than $50 billion

ACC, Ambuja Cements shares tank over 5% on concerns over encumbrance

The Adani group holds 63.15 per cent in Ambuja Cements and 56.69 per cent in ACC (of which 50.05 per cent is held through Ambuja Cements)

Meesho announces 11-day reset-and-recharge break for staff mental wellness

At a time when burnout and anxiety have become key concerns for today's workforce, Meesho said the move will show the way for other firms to adopt such employee-first practices

Sebi directs credit rating agencies to up firewall with non-rating entities

The monitoring of the circular will be required to be done through half-yearly internal audits

SBI raises Rs 4,000 crore via tier-2 bonds at cutoff rate of 7.57%

Lender claims overwhelming response from investors, with bids of Rs 9,647 crore; issue oversubscribed 5x against base size of Rs 2,000 crore

Fintech firm udaanCapital says it enabled Rs 2,200 cr credit to retailers

Company says 'working capital availability in the country is huge as small businesses adopt digital payments

NCLT adjourns Bajaj Hindusthan bankruptcy petition to December 7

In an order dated September 14, the NCLT asked Bajaj Hindusthan to file a reply to the SBI petition in three weeks

NDTV promoters move Supreme Court against SAT order

This, despite the tribunal reducing the penalty imposed by Sebi from Rs 25 crore to Rs 5 crore.

West Bengal govt nod to Adani's Tajpur greenfield port development

APSEZ had emerged as the H1 bidder earlier this year, but the state government had not declared it