Author: Neelam Kansarali

Alphabet Inc., the parent company of Google, underperformed market expectations for quarterly revenue on Tuesday as a result of advertisers’ reduced spending due to the slowing economy. Fears that customers will cut back on spending as they deal with rising interest rates and out-of-control inflation have put pressure on the global market for internet advertising, forcing companies such as Snap Inc. to issue a revenue growth warning. Alphabet’s stock decreased 2.5% in after-bell trade. Alphabet Inc. is a holding company for an American multinational technology giant with its corporate headquarters in Mountain View, California. Google undertook a reorganization on October…

BYJU has given its statement that all affected employees would get “a significant and progressive exit payment” due to the company’s decision to cease operations in Thiruvananthapuram, Kerala. Earlier, some BYJU employees claimed that the company was pressuring more than 170 staff to resign at a meeting with Kerala’s labor minister. In the meantime, BYJU’S said that reorganisation hurt 140 employees. The Bengaluru-based Byju’s layoffs changed course on Tuesday. More than 170 employees of Think & Learn Private Limited raised their voices after being ordered to forcibly leave by the company’s management, according to a LinkedIn post shared by Technopark…

FSN E-Commerce Ventures Nykaa’s shares fell 2 percent on Tuesday, falling below their IPO price of Rs 1,125 as the IPO anchor lock-in ends on November 10. The stock was trading 2.75% lower on the NSE at Rs. 1,112.40/piece at 1:15 p.m. The stock has dropped 2% in the last five trading days and 11% in the last month. As the pre-IPO lock-in period comes to an end, the share price of FSN E-Commerce Ventures, Nykaa’s parent company, fell as much as 2% on Tuesday, falling below its initial public offering price of Rs 1,125. The stock was trading at…

WhatsApp services, owned by Meta, have been restored, and the app should be back up and running soon if it isn’t already. WhatsApp server is now available through the Android and iOS apps, as well as through WhatsApp Web. It should be noted that while some users report that services are still unavailable on WhatsApp Web, your phone app should be functional. WhatsApp, the popular instant messaging app owned by Meta and used by millions for quick texting, went down for nearly two hours earlier today. As a result, millions of WhatsApp users worldwide could not send or receive messages.…

Bhavish Aggarwal, CEO of Ola Cabs, stated during the firm’s recent launch event that the company is not there to develop a “me too” company, and the company is not there to have a nice and easy time. Aggarwal also responded to claims that Ola had a “hostile” workplace environment by saying that they are a very ambitious firm. The 37-year-old continued that Ola has a culture of high quality and great execution. According to Aggarwal, Ola is for those who wish to contribute to the nation’s electric vehicle revolution and leave a lasting legacy. He continued that the impact…

The BSE and NSE stock exchanges will conduct their one-hour Muhurat trading for Diwali on Monday, October 24, 2022. The BSE and NSE said that trading would start in different sectors at 6:15 p.m. and would end an hour later at 7:15 p.m. The block deal session of the share market will take place from 5:45 p.m. to 6 p.m., while the pre-open session will begin at 6:00 and last until 6:08 p.m. Samvat 2079, the new Hindu year, which begins on Diwali, would be marked by the muhurat trading. Indians hold a very special place in their hearts for…

Employees at Infosys are permitted to accept gig employment outside the organization with the management and human resource executives’ prior consent. This coincides with the rising practice of moonlighting among Indian tech professionals. Infosys has now allowed employees to take on “gig” jobs on the side, with the approval of supervisors, provided that the employee does not compete with the company, or its clients, or present a conflict of interest. The corporation explained how staff members can take on “gig” labor in an internal email to their employees. This decision will help the business handle specific attrition issues because it…

Satya Nadella, CEO of Microsoft, who was awarded the Padma Bhushan, stated that receiving India’s third-highest civilian award is an honor and that he looks forward to continuing to collaborate with people across the country. Nadella also intends to visit India in January of next year. Last Monday, he received the medal from India’s Consul General in San Francisco, Dr. TV Nagendra Prasad. Satya Nadella, Chairman and CEO of Microsoft, was awarded the Padma Bhushan, India’s third-highest civilian honor for meritorious service. Nadella was one of 17 winners announced earlier this year. Nadella was overjoyed when she received the award…

In August, the private telecom provider Reliance Jio overtook the government-run BSNL to take the top spot for fixed-line service in the nation. For the first time since the nation’s telecom industry initially began, a private operator has taken the top spot in the wireline market. Jio’s wireline customer base reached 73.52 lakh, while BSNL’s was at 71.32 lakh, according to Trai’s subscriber data for August. According to data provided by the Telecom Regulatory Authority of India, telecom giant Reliance Jio added 32.8 lakh mobile users in August, while competitor Vodafone Idea (Vi) lost 19.6 lakh subscribers during the same…

After Maharashtra Seamless’ board of directors recommended issuing bonus equity shares of the firm in a 1:1 ratio, the price of the company’s stock dropped more than a per cent on the NSE. At 10:40 on Monday morning, the stock’s price was Rs 853.35, down more than 20 points, or 2.30 per cent. In the day’s first dealings on Tuesday, the company’s shares were trading more than 2% lower at Rs 853 per share on the BSE. Maharashtra Seamless, a small-cap firm, announced a bonus share issue on Monday in the ratio of 1:1, i.e., one equity share for every…