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JSW-POSCO Keonjhar Project is Confirmed by the Odisha CM

JSW-POSCO Keonjhar Project is Confirmed by the Odisha CM

Chief Minister Mohan Charan Majhi declared that JSW Group and POSCO, a large South Korean steel company, would work together to establish a massive steel facility in his native Keonjhar district. Three days after the two companies signed an...

Tech Layoffs Reduce in Oct as the IT Industry Shows Indications of Stabilization

Tech Layoffs Reduce in Oct as the IT Industry Shows Indications of Stabilization

Following a wave of layoffs in the technology industry earlier this year, the number of job cutbacks has slowly decreased in recent months. According to layoffs.fyi, 35 tech companies cut off around 3,941 employees in September, with an additional...

PepsiCo is Closing 4 Bottling plants and Slashing 400 Workers to Optimize Operations

PepsiCo is Closing 4 Bottling plants and Slashing 400 Workers to Optimize Operations

PepsiCo announced intentions to close four bottling plants in the United States and lay off almost 400 employees as part of its attempts to streamline operations. The company claimed the closures will affect 136 employees in Cincinnati, 131 in...

Nazara Tech Subsidiary Acquires UK-based Growth Marketing Company Space & Time

Nazara Tech Subsidiary Acquires UK-based Growth Marketing Company Space & Time

Datawrkz, a Nazara Technologies Limited company, has acquired Space & Time, a UK-based independent growth marketing agency. The transaction was completed for Rs 52.3 crores (roughly), Nazara Technologies said in an exchange filing....

Broadcom and OpenAI Collaborate to Create a Specialized AI Inference Processor

Broadcom and OpenAI Collaborate to Create a Specialized AI Inference Processor

OpenAI is collaborating with Broadcom Inc. to create a new AI chip that is specifically designed to run AI models after they have been trained. According to insiders who asked not to be named because the talks are confidential, the AI company...

Google Ad Reforms Might Affect Millions of Small Companies Nationwide

Google Ad Reforms Might Affect Millions of Small Companies Nationwide

Millions of small companies may be impacted by Google's changes to the way its Google Local Services advertisements operate. One of the main ways small businesses advertise their products and services is through Google Local Services...

Flipkart Recorded 7.2 Billion Customer Engagement Visits During Festive Season

Flipkart Recorded 7.2 Billion Customer Engagement Visits During Festive Season

From September 1 to October 28, the e-commerce company Flipkart saw 7.2 billion visits overall in terms of customer engagement during this festive season. The company saw a record 282 million unique visitors during that time, largely due...

Instagram is Down for Thousands of Users, Issues with Sending Messages

Instagram is Down for Thousands of Users, Issues with Sending Messages

Thousands of users have reported issues sending messages and accessing direct messages (DMs) on Instagram due to a major technical glitch. Downdetector, a service outage tracking tool, reports that the problems started Tuesday at around 5:14 p.m....

JSW Group and Korea's Posco Collaborates to Establish Integrated Steel Factory in India

JSW Group and Korea's Posco Collaborates to Establish Integrated Steel Factory in India

The JSW Group and South Korea's Posco Group have signed a memorandum of understanding (MoU) to develop an integrated steel factory in India, the firm announced in an exchange filing on Tuesday. This new integrated steel plant will have a...

Apple Exports iPhones Worth USD 6 Billion from India

Apple Exports iPhones Worth USD 6 Billion from India

Apple Inc.'s iPhone exports from India increased by a third in the six months ending September, highlighting the company's efforts to expand manufacture in the nation and lessen reliance on China. The US corporation shipped about $6...

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