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Business

Nvidia's rapid growth fuels high pressure and long work hours for its employees

In Santa Clara, California, parking spots that were once used by more reasonably priced cars are now filled by a range of luxury vehicles, such as Lamborghinis, Corvettes, and Porsches and a few have been repainted in the lime green found in the Nvidia Corp. logo, it’s because Nvidia workers who worked in technical support for enterprise clients claimed they were expected to work seven days a week, frequently until one or two in the morning, they are stuck where their owners want to be: at the office.

 


Cognizant files lawsuit against Infosys over trade secrets; Infy denies allegations

IT major Cognizant's subsidiary TriZetto has slapped a lawsuit on Infosys in a US federal court, accusing the Bengaluru-headquartered company of stealing trade secrets and information related to healthcare insurance software.


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Gulf Medical University ranked in QS World University Rankings by Subject 2026 for Pharmacy


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West Asia war: PM reviews common man's needs; calls for 'authentic' information to thwart rumours




Sebi bans Anil Ambani, 24 other entities from securities mkt for 5-yrs

Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home Finance from the securities market for five years for diversion of funds from the company.

 

Adani to sell 3% in Ambuja Cement for $500 million as part of holdings adjustment in group: Sources

New Delhi: Adani group promoters may sell up to 3 per cent of their shares in Ambuja Cements as part of a regular adjustment of holdings they carry to keep stake across the ports-to-energy conglomerate at desired levels, sources said.

 

Paytm to sell entertainment ticketing biz to Zomato for Rs 2,048 cr

New Delhi: One 97 Communications Limited, which owns the Paytm brand, on Wednesday said it will sell entertainment ticketing business to Zomato for Rs 2,048 crore.

 

Starbucks replaces Laxman Narasimhan with Chipotle’s Brian Niccol as CEO

Washington: In a surprise move, struggling multinational coffee chain Starbucks on Tuesday announced the appointment of Brian Niccol as chairman and chief executive officer replacing Indian-origin CEO Laxman Narasimhan who is stepping down.

 

Investors become poorer by Rs 9.51 lakh cr as markets crash

Investors' wealth eroded by Rs 9.51 lakh crore on Monday morning, following a crash in equity markets where the benchmark Sensex tanked over 2,400 points, mirroring a sharp plunge in global peers.

 

Vistara offers voluntary retirement scheme to non-flying staff ahead of merger with Air India

Vistara has offered voluntary retirement as well as voluntary separation schemes for its non-flying staff, ahead of the full service carrier's merger with Air India, according to officials.

UltraTech to acquire India Cement; buy 32.72 pc promoters' stake for Rs 3,954 cr

New Delhi: Aditya Birla Group flagship company UltraTech Cement will acquire a 32.72 per cent stake in India Cements from promoters and their associates for Rs 3,954 crore to expand its footprint in the highly competitive and fast-growing Southern cement market, particularly Tamil Nadu.

 

Mahindra to launch Thar Roxx on August 15 with 5 key upgrades over regular Thar

Mahindra is all set to launch its new Thar Roxx on August 15, 2024. This larger version of the current 3-door Thar is expected to come with a higher price tag due to a host of key upgrades.

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