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Qualcomm plans to layoff over 1,200 employees in California: Report Qualcomm plans to cut 1,258 positions in California due to weak demand for its main product. Over 750 employees being laid off are from Qualcomm's engineering ranks.

HDFC Life Q2 Results: Net profit grows 15% YoY to ₹378 crore HDFC Life's individual APE rose 9% YoY to ₹4,478 crore in the first half of FY24, while total APE also increased 9% to ₹5,373 crore. New business premium grew 15% YoY during H1 to ₹12,970 crore.

Microsoft-Activision deal: Biggest tie-up in gaming history nears conclusion after nod from British regulators Microsoft's $69bn acquisition of Activision Blizzard cleared by UK regulators

HDFC Bank Q2 Results Preview: Margin contraction seen after merger; here’s what to expect In its quarterly business update, HDFC Bank reported a robust 57.7% growth in its gross advances at ₹23.54 lakh crore as of September 30, 2023, rising from ₹14.93 lakh crore last year.

JPMorgan Q3 Results: Net profit rises 35% to $13.15 billion on higher interest income The bank reported a profit of $13.15 billion, up from $9.74 billion in the same period a year earlier. On a per-share basis, profit rose to $4.33 a share from $3.12 a share a year earlier.

Wells Fargo quarterly profit rises on higher interest income Wells Fargo is working to fix a six-year-old scandal over sales practices that led to hefty fines and an asset cap imposed by the Fed.

IT jobs bleak in near-term after headcount crashes by 16,162 in top 3 companies; What's weighing on the sector? The major trend observed across all three companies has been a sequential decline in attrition rate with a drop in the total headcount numbers, along with a reduction in FY24 revenue...

Kareena Kapoor forms JV with Sugar Cosmetics' owner Celebrities are increasingly launching their line of beauty products or working with companies to lend their names to brands

Qualcomm may replicate China model in India: Soin The company will support the local semiconductor ecosystem by licensing technologies to local companies and startups, and bring volumes for production at semiconductor fabrication units that are expected to come up in the country, Qualcomm’s...

Infosys Q2 Print: IT major to roll out salary hikes from November 1, skip campus hiring Salary hikes have been announced and will be rolled out from November 1 across all employees, Infosys CFO Nilanjan Roy said in a post-earnings press conference today

Akasa Air suspends operations in many cities, issues clarification. Details here Bengaluru is the hub for the carrier, which operates around 700 flights daily.

Infy, HCL cut FY24 growth forecast With Tata Consultancy Services already witnessing a revenue decline in the second quarter, this portends a depressing year for at least three of India’s Big Five tech companies.

‘Very concerned about Lava chief Rai’s arrest’ ‘Company employees concealed visa purpose in forms, visited Kashmir’

Top IT firms shed 25K jobs amid cost cuts Recruiters expect labour market to remain weak for couple of quarters

‘Jindal’s interest in Go First may not lead to a bid’ Jindal Power may not bid for acquiring grounded airline Go First

MSI to decide on share issue to parent on 17 Oct In July, Maruti Suzuki announced its intention to buy out Suzuki’s entire stake in Suzuki Motor Gujarat

Delhi HC allows Go lessors to access records Order likely to impact Go First's plans to resume operations due to lack of clarity on aircraft availability

Air India Express set for a youthful makeover on 18 Oct Air India Express to be positioned as flagship low-cost offering within Tata Group

GM Breweries Q2 FY24 results: profit falls by 1.41% YOY GM Breweries Q2 FY24 results: Revenue increased by 5.8% YoY & profit decreased by 1.41% YoY

Tata Consultancy Services Q2 FY24 results: profit rise by 8.73% YOY Tata Consultancy Services Q2 FY24 results: Revenue increased by 7.92% YoY & profit increased by 8.73% YoY