Adidas posts first loss in 30 years, forecasts possible decline in North America sales
The well-known German sportswear company Adidas unexpectedly announced its first yearly deficit in more than three decades. The loss, which...
Japanese workers secure biggest salary hike in three decades
Japanese companies are giving out large pay raises in a historic turn of events, the largest rises in more than...
NCLAT upholds the transfer of ownership of Jet Airways to Jalan Kalrock Consortium
The National Company Law Appellate Tribunal (NCLAT) upheld the airline's ownership transfer to the Jalan Kalrock Consortium (JKC), paving the...
Peak XV to launch perpetual ‘Anchor Fund’ backed by its partners
Peak XV Partners, a.k.a. Sequoia Capital India, has declared the opening of the Peak XV Anchor Fund, a new investment...
501.86 complaints per branch received by RBI against PPBL in FY22-23
India's digital payments scene has changed dramatically in recent years, with Paytm Payments Bank Ltd (PPBL) having to deal with...
Byju’s adopts Work-from-Home policy for most employees amid ongoing financial crisis
In the throes of a financial storm, edtech behemoth BYJU’S finds itself at a crossroads, opting for a rather pragmatic...
Byju’s vacates almost all office spaces across India
One of the leading edtech companies, Byju's, has taken a radical step in response to an impending liquidity issue. As...
Infibeam Avenues unveils new AI video developer platform called THEIA
Leading financial business Infibeam Avenues has unveiled THEIA, a ground-breaking video artificial intelligence (AI) development platform. This action follows the...
ChatGPT uses 17000 times more electricity than the average US household daily
The environmental impact of insatiable energy needs has surfaced as a significant worry in the field of artificial intelligence (AI),...
Pilots ‘fall asleep’ while flying with 153 passengers onboard
A recent event on January 25th in the peaceful airspace between South East Sulawesi and Jakarta presented an unanticipated disturbance...