News

Microsoft Tops TIME Magazine’s Global Ranking of Best Companies, Infosys Represents India in Top 100

Microsoft Tops TIME Magazine’s Global Ranking of Best Companies, Infosys Represents India in Top 100 In a prestigious recognition of corporate excellence, Microsoft has claimed the coveted top position on TIME magazine’s list of the 10 best companies worldwide. The tech giant’s exceptional performance and impact on the global business landscape have earned it this …

Deliveroo’s India Development Centre in Hyderabad Welcomes Students for Innovative Internship Program

Deliveroo, the global food delivery service, is set to enhance its India Development Centre (IDC) located in Hyderabad by introducing a dynamic internship program. This initiative aims to bring students from diverse Indian institutions and universities on board, offering them a unique opportunity to participate in a six-month internship program. During this period, interns will …

FedEx Contemplates Job Cuts in IT and Finance Departments Amid Cost-Cutting Measures

FedEx Contemplates Job Cuts in IT and Finance Departments Amid Cost-Cutting Measures FedEx, the renowned Memphis-based shipping company, is currently contemplating a reduction in its workforce, with a specific focus on the information technology (IT) and finance departments. This decision aligns with the company’s broader cost-cutting initiatives and its previously announced plan to streamline its …

HotelYaari Secures $2.18 Million in Seed Funding from Alios Ventures for Fractional Ownership of Holiday Homes

HotelYaari Secures $2.18 Million in Seed Funding from Alios Ventures for Fractional Ownership of Holiday Homes HotelYaari, a startup specializing in fractional ownership of holiday homes, has recently announced a substantial boost to its growth plans. The company has successfully raised INR 18 Crores (approximately $2.18 million) in a seed funding round led by Alios …

Chennai ITAT Dismisses Cognizant India’s Appeal, Upholds Dividend Distribution Tax on Rs 19,000 Crore Share Buyback

Chennai ITAT Dismisses Cognizant India’s Appeal, Upholds Dividend Distribution Tax on Rs 19,000 Crore Share Buyback In a significant ruling, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an appeal filed by Cognizant Technology Solutions India. The decision has upheld that the company is liable to pay Dividend Distribution Tax (DDT) …